Greenwich, New Jersey is a small town with slightly less than 3,000 residents. Families with children are a common sight, as kids aged 5-14 account for an above-average 28% of the population, while young professionals account for a smaller percentage of the town. Overall, the town's residents, with an average age of just over 34, are decidedly younger than most cities in New Jersey. Only 6% of residents rent in Greenwich, as home ownership is common in the area. With an average rent of $1,723 per month, exceeding the state average by $451 a month, relatively high rent costs could be playing a role in the higher levels of ownership.
With an average commute time of about 42 minutes, slower than most cities in the state, Greenwich residents are well aware that traveling to work takes some patience. Driving is the typical mode of getting to work, chosen by 45% of residents, while public transportation is not used much. Few residents walk to work.
There are three primary industries in Greenwich: healthcare, manufacturing, and entertainment. Together, these industries make up 23% of the labor force in the town. Meanwhile, looking at job function, many workers in these industries are in management, as 8% of the town's population reports this as their field of work, the highest number of any field. Greenwich workers earn an average annual income of about $134,000, around $48,000 more than the New Jersey average. Greenwich's average income also compares favorably to the national average of $73,345. Greenwich has a high percentage of residents older than 25 who have advanced degrees compared to the national average (7%), as 12% possess a Master's degree or a Doctoral degree. Furthermore, 21% have earned a Bachelor's degree, which also outpaces the national average.
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