Towaco is a CDP located in Morris County, New Jersey. Towaco has a 2026 population of 6,926. Towaco is currently growing at a rate of 6.67% annually and its population has decreased by 0% since the most recent census, which recorded a population of 0 in 2020.
The median household income in Towaco is $205,636 with a poverty rate of 2.49%. The median age in Towaco is 47 years: 46.4 years for males, and 49.8 years for females. For every 100 females there are 106.3 males.
Data after 2023 is projected based on recent change
Overall: 47 years
Female: 49.8 years
Male: 46.4 years
There are 4,427 adults, (1,410 of whom are seniors) in Towaco.
Female: 2,720 (48.5%)
Male: 2,892 (51.5%)
The racial composition of Towaco includes 76.19% White, 13.17% Asian, and smaller percentages for Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 4,276 | 76.19% |
| Asian | 739 | 13.17% |
| Two or more races | 452 | 8.05% |
| Black or African American | 145 | 2.58% |
Towaco 's average per capita income is $105,030. Household income levels show a median of $205,636. The poverty rate stands at 2.49%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $247,411 | - |
| Families | $240,288 | $315,778 |
| Households | $205,636 | $258,620 |
| Non Families | $58,289 | $69,799 |
Average Income
Median Household Income
Poverty Rate