Economy & Jobs — Garwood, New Jersey

Income & Employment

Median Household Income (Census)$110,670
Estimated 2026~$115,000
Per Capita Income$62,335
Poverty Rate9.9%
Unemployment Rate7.1%
In Labor Force2,751

Top Industries

IndustryShare
Education Healthcare21.9%
Professional16.2%
Retail11.0%

Local Businesses (County)

TypeCount
Full Service Restaurants497
Fast Food452
Physician Offices360
Law Offices303
Dental Offices297
Beauty Salons231
Auto Repair194
Grocery Stores160
Coffee Shops155
Insurance Agencies149
Child Day Care128
Accounting Firms123
Real Estate Offices118
Commercial Banks116
Liquor Stores112
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.