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The total population of Watchung is estimated to be 6,417 with 3,058 males (47.65%) and 3,359 females (52.35%). There are 301 more females than males in Watchung.
The median household income in Watchung was $155,531 in 2021, which marked an a decrease of 3,581(2.25%) from $159,112 in 2020. This income is 208.47% 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, Watchung sees its highest median household income among householders in the age group of 45 to 64 years old, at $198,212. Overall, the median household income for the borough of Watchung stands at $155,531.
In Watchung, the median income for all workers aged 15 years and older, regardless of work hours, was $89,251 for males and $44,777 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $136,465 for males and $86,032 for females.
In Watchung, there are just two different racial groups among households. Among these, Asian households report a median household income of $224,216, while White households have a median household income of $148,802.
In 2022, the population of Watchung was 6,428, a 0.23% increase year-by-year from 2021. Previously, in 2021, Watchung's population was 6,413, a decline of 0.34% compared to a population of 6,435 in 2020.
The median age in Watchung, NJ is 45.3, as per 2021 ACS 5-Year Estimates. Of the total population, 19.44% were under the age of 15, 12.22% aged 15 to 29, 42.30% aged 30 to 64, 21.76% aged 65 to 84, and 4.29% were 85 years of age and older.
Racial distribution of Watchung population: 81.95% are White, 0.25% are Black or African American, 13.99% are Asian, 0.51% are some other race and 3.30% are multiracial.