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The total population of Westwood is estimated to be 11,241 with 5,328 males (47.40%) and 5,913 females (52.60%). There are 585 more females than males in Westwood.
The median household income in Westwood was $147,656 in 2021, which marked an an increase of 2,787(1.92%) from $144,869 in 2020. This income is 197.91% 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, Westwood sees its highest median household income among householders in the age group of 45 to 64 years old, at $163,531. Overall, the median household income for the borough of Westwood stands at $147,656.
In Westwood, the median income for all workers aged 15 years and older, regardless of work hours, was $72,316 for males and $41,237 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $107,032 for males and $90,542 for females.
In Westwood, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Black or African American households have the highest median household income at $238,242, while White households represent the opposite end with the lowest median household income of $121,079.
In 2022, the population of Westwood was 11,186, a 0.28% decrease year-by-year from 2021. Previously, in 2021, Westwood's population was 11,217, a decline of 0.30% compared to a population of 11,251 in 2020.
The median age in Westwood, NJ is 42.4, as per 2021 ACS 5-Year Estimates. Of the total population, 17.70% were under the age of 15, 14.18% aged 15 to 29, 45.69% aged 30 to 64, 19.22% aged 65 to 84, and 3.20% were 85 years of age and older.
Racial distribution of Westwood population: 74.59% are White, 1.64% are Black or African American, 0.04% are American Indian and Alaska Native, 9.63% are Asian, 5.25% are some other race and 8.85% are multiracial.