Towaco is a CDP located in Morris County New Jersey. Towaco has a 2024 population of 6,478. Towaco is currently growing at a rate of 7.68% annually and its population has increased by 23.53% since the most recent census, which recorded a population of 5,244 in 2020.
The average household income in Towaco is $245,847 with a poverty rate of 1.6%. The median age in Towaco is 46.4 years: 45.3 years for males, and 47.4 years for females.
According to the most recent ACS, the racial composition of Towaco was:
Race | Population | Percentage (of total) |
|---|---|---|
| White | 4,402 | 78.23% |
| Asian | 813 | 14.45% |
| Two or more races | 278 | 4.94% |
| Black or African American | 134 | 2.38% |
| Native American | 0 | 0% |
| Native Hawaiian or Pacific Islander | 0 | 0% |
| Other race | 0 | 0% |
White
Asian
Two or more races
Black or African American
Native American
Native Hawaiian or Pacific Islander
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 2,024 | 2.75 | 94.9 | 5.1 |
| Married | 1,340 | 3.43 | 97.5 | 2.5 |
| Non Family | 541 | 1.09 | 89.8 | 10.2 |
| Female | 102 | 2.69 | 90.2 | 9.8 |
| Male | 41 | 2.63 | 87.8 | 12.2 |
3.34
Average Family Size
2.75
Average Household Size
94.9%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Education Attained | Count | Percentage |
|---|---|---|
| 9th to 12th Grade | 0 | 0% |
| Associates Degree | 108 | 2.75% |
| Bachelors Degree | 1,721 | 43.86% |
| Graduate Degree | 1,145 | 29.18% |
| High School Graduate | 660 | 16.82% |
| Less Than 9th Grade | 11 | 0.28% |
| Some College | 279 | 7.11% |
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
Race | Total | High School | Bachelors |
|---|---|---|---|
| White | 2,995 | 2,995 | 2,149 |
| Asian | 654 | 654 | 498 |
| Hispanic | 164 | 153 | 127 |
| 2+ Races | 106 | 106 | 80 |
| Black | 95 | 95 | 76 |
The highest rate of high school graduation is among white people with a rate of 100%.
The highest rate of bachelors degrees is among black people with a rate of 80%.
All
Male
Female
Name | Average | Male | Female |
|---|---|---|---|
| Bachelors Degree | $102,800 | $155,435 | $69,222 |
| Graduate Degree | $127,639 | $213,447 | $112,604 |
| High School Graduate | $71,563 | $0 | $0 |
| Less Than 9th Grade | $0 | $0 | $0 |
| Overall | $106,491 | $132,450 | $98,045 |
| Some College | $78,438 | $0 | $85,729 |
$106,491
Average Earnings
$132,450
Average Male
$98,045
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
77.66% of Towaco residents speak only English, while 22.34% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 10.39% of the population.
rate
Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 4,277 | 89 | 2.08% |
1.6%
Overall Poverty Rate
1.64%
Male Poverty Rate
1.55%
Female Poverty Rate
The race most likely to be in poverty in Towaco is White, with 2.08% below the poverty level.
The race least likely to be in poverty in Towaco is White, with 2.08% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 0.12%, and for those that did not work, the poverty rate was 6.18%.
rate
Rate | Poverty |
|---|---|
| High School | 11.82% |
| Bachelors or Greater | 0.38% |
| Less Than 9th Grade | 0% |
| Some College | 0% |
rate
Rate | Poverty |
|---|---|
| Male Employed | 0.07% |
| Male Unemployed | 0% |
| Female Employed | 0% |
| Female Unemployed | 0% |
Households
Families
MarriedFamilies
NonFamilies
Name | Median | Mean |
|---|---|---|
| Families | $232,750 | $302,324 |
| Households | $197,696 | $245,847 |
| Married Families | $238,429 | $-999,999,999 |
| Non Families | $55,653 | $68,561 |
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
61.7%
Overall Marriage Rate
63.2%
Male Marriage Rate
60.2%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 35-44.
Married
Widowed
Divorced
Separated
NeverMarried
Second Gulf War
First Gulf War
Vietnam
Korea
World War II
167
Number of Veterans
167
Male Veterans
0
Female Veterans
War | Veterans |
|---|---|
| Korea | 49 |
| Vietnam | 31 |
| First Gulf War | 24 |
| World War II | 11 |
| Second Gulf War | 0 |
count
Age Group | Veterans |
|---|---|
| 75+ | 116 |
| 65 to 74 | 42 |
| 55 to 64 | 9 |
| 18 to 34 | 0 |
| 35 to 54 | 0 |
count
Name | Veterans | % of Total |
|---|---|---|
| White | 132 | 3.89% |
| Asian | 35 | 4.58% |
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
19.16%
Veteran Poverty Rate
48.5%
Veteran Disability Rate
LaborForceParticipation
65.6%
Labor Force Participation
63.7%
Employment Rate
2.9%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
60.96%
Born in Towaco
80.02%
Native Born
19.98%
Foreign Born
1.14%
Non Citizen
18.84%
Naturalized
80.02% of Towaco residents were born in the United States, with 60.96% having been born in New Jersey. 1.14% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
Year | Population | Growth | Change |
|---|---|---|---|
| 2024 | 6,478 | 462 | 7.68% |
| 2023 | 6,016 | 463 | 8.34% |
| 2022 | 5,553 | -203 | -3.53% |
| 2021 | 5,756 | 512 | 9.76% |
| 2020 | 5,244 | 0 | 0% |