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The total population of Old Tappan is estimated to be 5,863 with 3,017 males (51.46%) and 2,846 females (48.54%). There are 171 less females than males in Old Tappan.
The median household income in Old Tappan was $195,178 in 2021, which marked an a decrease of 1,411(0.72%) from $196,589 in 2020. This income is 261.61% 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, Old Tappan sees its highest median household income among householders in the age group of 25 to 44 years old, at $263,923. Overall, the median household income for the borough of Old Tappan stands at $195,178.
In Old Tappan, the median income for all workers aged 15 years and older, regardless of work hours, was $116,263 for males and $44,588 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $192,968 for males and $91,077 for females.
In Old Tappan, there are just two different racial groups among households. Among these, Asian households report a median household income of $202,189, while White households have a median household income of $176,775.
In 2022, the population of Old Tappan was 5,829, a 0.21% decrease year-by-year from 2021. Previously, in 2021, Old Tappan's population was 5,841, a decline of 0.44% compared to a population of 5,867 in 2020.
The median age in Old Tappan, NJ is 44.5, as per 2021 ACS 5-Year Estimates. Of the total population, 20.48% were under the age of 15, 16.08% aged 15 to 29, 46.27% aged 30 to 64, 15.26% aged 65 to 84, and 1.91% were 85 years of age and older.
Racial distribution of Old Tappan population: 60.05% are White, 0.39% are Black or African American, 35.62% are Asian, 0.22% are some other race and 3.71% are multiracial.