River Edge is a medium-sized borough located in the state of New Jersey. With a population of 12,235 people and two associated neighborhoods, River Edge is the 160th largest community in New Jersey.
Housing costs in River Edge are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Also of interest is that River Edge has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.36% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, River Edge is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
River Edge is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, River Edge’s overall crime rate is lower than average for the country.
One downside of living in River Edge is that it can take a long time to commute to work. In River Edge, the average commute to work is 34.14 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.
Despite being a small borough, River Edge has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
If knowledge is power, River Edge is a pretty powerful place. 66.78% of the adults in River Edge have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in River Edge in 2022 was $75,927, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $303,708 for a family of four.
River Edge is an extremely ethnically-diverse borough. The people who call River Edge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of River Edge residents report their race to be White, followed by Asian. River Edge also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.44% of the borough’s residents. Important ancestries of people in River Edge include Italian, Irish, German, Polish, and English.
River Edge also has a high percentage of its population that was born in another country: 27.14%.
The most common language spoken in River Edge is English. Other important languages spoken here include Korean and Spanish.