Median Income
$154,432
household / year
Median Home Value
$634,800
owner-occupied
Median Rent
$1,848
gross / month
Cost of Living
112
national avg = 100

Is Towaco, NJ a Good Place to Live?

Towaco is a small town of 5,553 in New Jersey, with a median household income of $154,432 and a 3.4% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Towaco stands out for solid school ratings (A+), a well-educated population.

Trade-offs: Potential downsides include an above-average cost of living, high home prices, longer commutes. Whether Towaco is right for you depends on your priorities — the full breakdown is below.

All Towaco city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 112.5

Towaco's overall cost of living index is 112.5, where 100 represents the US national average. Living in Towaco costs roughly 12% more than the average American city.

Metric Towaco, NJ National Avg
Median Home Value $634,800 $244,900
Median Monthly Rent $1,848 $1,163
Homeownership Rate 94.9% 65.9%
Median Household Income $154,432 $74,755

Crime & Safety

Very Safe

Towaco's violent crime rate is 27.0 per 100,000 residents — 93% lower than the national average of ~380 per 100,000.

Violent Crime
27.0 /100k
Property Crime
220.0 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Towaco is served primarily by Montville Township School District. The student-to-teacher ratio is 10.4:1 (better than the national average of ~16:1).

Metric Towaco, NJ National Avg
School District Montville Township School District —
Elementary Schools 5 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 10.4:1 16:1
Bachelor's Degree or Higher 70.4% 35.4%
High School Diploma or Higher 98.3% 91.1%

Weather & Climate

Towaco sees average highs of 37.6°F in January and 85.4°F in July, with 49.2 inches of annual precipitation and 28.1 inches of snow per year.

MetricTowaco, NJ
Average High — January37.6°F
Average High — July85.4°F
Annual Precipitation49.2"
Annual Snowfall28.1"

Demographics

MetricTowaco, NJNational Avg
Population5,553—
Median Age43.338.9
Unemployment Rate3.4%3.7%
Avg Commute Time30.5 min26 min
White (non-Hispanic)84.0%59.3%
Black or African American0.7%13.6%
Hispanic or Latino3.8%18.9%
Asian10.9%6.3%
Under 1823.9%22.2%
65 and over18.5%16.8%

Nearby Cities

Lincoln Park, NJ 2 mi Pompton Plains, NJ 3 mi Boonton, NJ 4 mi Lake Hiawatha, NJ 4 mi Pine Brook, NJ 4 mi

ZIP Codes in Towaco

Towaco, NJ is covered by 1 ZIP code:

07082

Towaco vs Other Cities

Towaco, NJ vs Lincoln Park, NJ Towaco, NJ vs Pompton Plains, NJ Towaco, NJ vs Boonton, NJ Towaco, NJ vs Lake Hiawatha, NJ Towaco, NJ vs Pine Brook, NJ

Frequently Asked Questions

Towaco's cost of living index is 112, where 100 is the national average. That puts Towaco roughly 12% above the national average in cost. The median home price is $634,800 and median rent is $1,848/month.
Towaco's violent crime rate is 27.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 220.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Towaco are operated by Montville Township School District. The district has 5 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 10.4:1. 70.4% of adults 25+ hold a bachelor's degree or higher.
Towaco, NJ has a population of 5,553, a median household income of $154,432, and an unemployment rate of 3.4%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Towaco averages 37.6°F in January and 85.4°F in July. Annual rainfall is 49.2 inches with about 28.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Towaco, NJ is covered by 1 ZIP code: 07082.
The population of Towaco, New Jersey is 5,553 with a median age of 43.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Towaco: cost of living index 112 (100 = US average), median home $634,800, median household income $154,432, crime index 8 (100 = US average, lower is safer), schools rated A+. Whether these are benefits or drawbacks depends on where you're coming from — compare Towaco side by side with your current city to see the trade-offs.