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All About

Living In Tenafly, NJ

A town in New Jersey, Tenafly has a population of just under 15,000. Families with children are a frequent sight, as kids aged 5-14 make up an above-average 26% of the community, while young professionals account for a smaller percentage of the city. Overall, the city's population, with an average age of just under 38, skews younger than most cities in New Jersey. Just 22% of residents rent in Tenafly, as the majority own their homes. With an average rent of $1,646 a month, exceeding the state average by $373 per month, relatively high rent costs may play a role in the higher levels of ownership.

Tenafly's average commute time ranks as one of the slowest in New Jersey at about 48 minutes, 7th-highest in the state. Many residents (31%) drive to work, while public transportation is used by only 9% of the city. Relatively few workers commute on foot.

Compared to the national average (7%), Tenafly has a high percentage of residents older than 25 who have advanced degrees, as 18% have earned a Master's or a Doctoral degree. Additionally, 21% have a Bachelor's degree, which also outpaces the national average. Many Tenafly residents work in one of two industries: healthcare and finance. Combined, these industries make up 14% of the city's labor force. Meanwhile, in terms of job function, 10% of the city's population works in management, which ranks as the top career path in the city. With an average annual income of around $145K, Tenafly workers earn more than the average New Jersey resident. Tenafly's average income also compares favorably to the national average of $73,345.



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