These 5 NJ towns are among most affluent in USA
Well, they’re doing it to us again. It feels like these reports come out about which towns are the wealthiest just to make the rest of us feel bad about ourselves.
This time it’s a personal finance website called MoneyLion that issued a report on the 50 most affluent towns in the nation. Turns out five of them are here in Jersey. And you can bet it’s not where I live, which is Matawan. Nor will it be where I grew up, which is Rahway.
They broke it down by the criteria of a town having at least 5,000 households and also being part of a metropolitan area but not the principal city. In other words, suburbs. Fine. I’ll bite.
The five New Jersey towns that made the most affluent list are:
Westfield
Average home value: $1,315,940
Average household income: $306,889
Summit
Average home value: $1,455,811
Average household income: $306,473
Tenafly
Average home value: $1,331,396
Average household income: $306,119
Princeton
Average home value: $1,057,480
Average household income: $275,137
Ridgewood
Average home value: $1,238,821
Average household income: $273,185
Thanks MoneyLion for telling most of us where we’ll never live.
Here’s the thing though. Do we really care?
I knew a man who lived in Summit years ago and had this opulent, ostentatious home complete with maids and a British au pair to raise his children. Affluence on steroids. And he was the most boring, uptight, sniveling snob you could imagine. If he were a movie character you’d say it was too much of a cliche.
I’ll take real people living through real problems and tough times because that builds character and empathy. Two things I value far more than money.
Average New Jersey property taxes in 2025
Gallery Credit: New Jersey 101.5
Opinions expressed in the post above are those of New Jersey 101.5 talk show host Jeff Deminski only.
Everyday Photos That Perfectly Capture the Small-Town America We Remember
Gallery Credit: Stephen Lenz
NJ towns paying the most taxes for public schools
Gallery Credit: New Jersey 101.5

