Introduction
Nestled in Bergen County, New Jersey, Westwood is a charming borough that often raises questions about its affluence and overall economic status. With its quaint downtown, well-kept parks, and family-friendly environment, it's no wonder people are curious about what makes this town tick. This article will provide a comprehensive exploration of Westwood’s economy, community features, demographics, and much more to answer the question: Is Westwood, NJ affluent? A Look at the Local Economy.
Is Westwood, NJ Affluent? A Look at the Local Economy
When we think of affluence in a town like Westwood, it’s essential to consider several factors: median income levels, property values, local amenities, and quality of life indicators. According to recent data from the U.S. Census Bureau, Westwood has a median household income significantly above the national average. This statistic suggests that many residents enjoy a comfortable lifestyle.
Additionally, the real estate market in Westwood reflects this affluence. The average home price hovers around $600,000—a figure that speaks volumes about demand and desirability in this area. But what else can we uncover about the local economy?
Demographics: Who Lives in Westwood?
Understanding the population breakdown helps paint a clearer picture of Westwood’s affluence. The borough’s racial composition is predominantly White (approximately 85%), with Hispanic or Latino residents making up around 10%. The remaining percentage includes individuals from various ethnic backgrounds.
This diversity contributes not only to the cultural fabric of Westwood but also influences its economy through different businesses and services catering to varied needs.
Employment Opportunities and Economic Drivers
Westwood's economy benefits from its proximity to larger cities like New York City. Many residents commute for work in these urban hubs while contributing positively to local businesses on their return home. The major sectors employing locals include healthcare, education, retail trade, and professional services.
Given its strategic location near major highways and public transport options like NJ Transit trains, commuting is relatively hassle-free—making it an attractive place for professionals.
Real Estate Market Trends
The real estate scene in Westwood paints an affluent picture as well. As mentioned earlier, homes typically sell for around $600K—a testament to demand driven by excellent schools and community amenities.
Here's a brief overview of current market statistics:
| Metric | Value | |----------------------|------------------------| | Average Home Price | $600K | | Median Household Income | $100K | | Property Tax Rate | 2.5% |
This combination highlights why many families see value in establishing roots here.
Does Westwood NJ Have a Downtown?
Absolutely! One of the most charming aspects of Westwood is Replacement its vibrant downtown area filled with shops, restaurants, and cafes.
Exploring Downtown Westwood
While walking through downtown Westwood feels like stepping back into a more leisurely pace of life—with tree-lined streets inviting you to explore quaint storefronts—there's much more than meets the eye:
- Shopping: From boutiques to larger retail chains. Dining: A variety of cuisines await your taste buds. Events: Seasonal markets and community gatherings keep things lively throughout the year.
In short, yes! Downtown is not just present; it’s thriving!
Is Westwood NJ a Nice Area?
With families flocking here for its peaceful charm and excellent schools—many people would undoubtedly say yes!
Why Families Choose Westwood
Education Quality: The local school district is known for its strong academic performance. Community Feel: Residents often describe it as tight-knit with friendly neighbors. Safety: Crime rates are lower than both state and national averages.The combination of these elements certainly makes it a sought-after area for families looking for comfort without sacrificing access to urban amenities.
What’s in Westwood NJ?
If you're wondering what attractions exist within this lovely borough—there's plenty!
Places Worth Visiting
- Parks such as Pascack Brook County Park offer nature trails perfect for walking or biking. Historic sites give visitors insight into local heritage. Community events bring everyone together throughout all seasons—making sure there's never a dull moment!
Things To Do In Westwood New Jersey Today
Looking for activities right now? Here are some options:
Stroll through downtown shops. Enjoy coffee at one of the top-rated coffee shops. Visit nearby parks for some outdoor fun. Check out any ongoing events or festivals happening today!Being proactive about activities ensures you won’t miss out on anything exciting going on locally!
Things To Do In Westwood New Jersey This Weekend
Planning ahead can be a fantastic way to enjoy everything that makes living here special!
Weekend Plans Could Include:
- Attending farmers markets showcasing local produce. Dining out at one of the best restaurants. Exploring hiking trails nearby if you’re feeling adventurous!
These activities not only enhance your weekend but also immerse Licensed you deeper into community life.
Things To Do In Westwood New Jersey With Kids
Families will find ample opportunities to engage kids constructively while having fun!
Kid-Friendly Activities Include:
- Visiting playgrounds at various parks available throughout town. Participating in library events designed specifically for young readers. Enrolling children in summer camps offered by local organizations.
Every weekend can be an adventure when there are so many options tailored just for them!
What Are The Best Restaurants In Westwood NJ?
Food lovers rejoice! Here are some crowd favorites worth checking out:
La Casa de Pesca: Known for delicious seafood dishes. Deli On The Corner: A go-to spot for sandwiches packed with flavor! Nico’s Pizza: Offers authentic Italian pizza loved by locals.Dining options offer variety—and each visit can lead to discovering new culinary delights!
Are There Any Parks Or Hiking Trails Near Westwood NJ?
Absolutely! Outdoor enthusiasts will find plenty of green spaces nearby:
Pascack Brook County Park: Features picnic areas & scenic trails ideal for hiking! Westvale Park: Great spot with playgrounds suitable for kids & open fields perfect for sports.These parks blend recreational opportunities while enriching community spirit—just another reason why people love living here!
FAQ Section
1. What Is The Race Population In Westwood NJ?
Westwood has approximately 85% White residents along with Latino/Hispanic making up around 10%. The diversity enriches our community experience significantly!
2. Do You Have To Pay For Parking In Westwood NJ?
Yes—but there are also free parking zones available depending on where you park within town limits during specific hours (like weekends!).
3. How Far Is Westwood NJ From New York City?
It's roughly 20 miles away from NYC—a manageable distance making commuting viable yet encouraging peaceful living away from urban chaos!
4. What Are The Top-Rated Schools Near Westwood NJ?
The local school district is highly rated produced notable graduates over time thanks largely due dedication shown by educators involved therein ensuring students excel academically & socially alike!
5. Is Parking Free On Weekends In New Jersey?
Generally speaking yes—but it's wise double-check any specific regulations imposed locally beforehand just ensure smooth sailing when visiting shops/dining out etc…
6. Are There Any Historic Landmarks In Westwood NJ?
Yes indeed! Historical sites abound showcasing rich heritage preserved over decades providing insights into culture past generations experienced firsthand too!
Conclusion
In summary—Westwood stands as an appealing option whether you're seeking family-friendly neighborhoods or merely exploring new places worth considering relocating towards eventually down line somewhere soon thereafter too! With abundant amenities combined with affordability plus safety—it firmly establishes itself among affluent communities across Bergen County altogether while maintaining close ties important traditions rooted deeply within cultural fabric surrounding entire area too… So next time someone asks "Is Westfield,NJ Affluent?" you'll know precisely how best respond accordingly confidently without hesitation whatsoever either way!
