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The total population of Demarest is estimated to be 4,930 with 2,457 males (49.84%) and 2,473 females (50.16%). There are 16 more females than males in Demarest.
The median household income in Demarest was $206,828 in 2021, which marked an an increase of 32,825(18.86%) from $174,003 in 2020. This income is 277.23% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Demarest sees its highest median household income among householders in the age group of 25 to 44 years old, at $270,229. Overall, the median household income for the borough of Demarest stands at $206,828.
In Demarest, the median income for all workers aged 15 years and older, regardless of work hours, was $122,346 for males and $42,486 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $151,328 for males and $119,495 for females.
In Demarest, population is primarily represented by White households, reporting a median income of $248,159.
In 2022, the population of Demarest was 4,873, a 0.37% decrease year-by-year from 2021. Previously, in 2021, Demarest's population was 4,891, a decline of 1.37% compared to a population of 4,959 in 2020.
The median age in Demarest, NJ is 45.0, as per 2021 ACS 5-Year Estimates. Of the total population, 24.39% were under the age of 15, 11.63% aged 15 to 29, 47.20% aged 30 to 64, 15.15% aged 65 to 84, and 1.63% were 85 years of age and older.
Racial distribution of Demarest population: 70.28% are White, 0.04% are Black or African American, 27.25% are Asian, 0.88% are some other race and 1.55% are multiracial.