The Town FilesTowaco, New Jersey
Community in Morris County · population 5,624 (2020 Census)
- Median home
- $701,300
- Household income
- $205,636
- Jan low / Jul high
- 21° / 85°
- Snow a year
- 27 in
- Tornadoes ≤10 mi since 1950
- 6
- Median age
- 47.0
Towaco is a community of 5,624 people in Morris County, New Jersey. The median home is worth $701,300, above the typical New Jersey town ($435,600). It ranks better for families than 95% of New Jersey towns, more upscale than 92% of New Jersey towns, better for retirees than 78% of New Jersey towns.
How Towaco ranks
Percentile among New Jersey towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of New Jersey towns.
Homes and cost of living
The median home in Towaco is worth $701,300, above the typical New Jersey town ($435,600). Homes cost about 3.4 times the median household income of $205,636, which is more affordable than 65% of New Jersey towns. Median rent is $1,950 a month. 93.0% of households own their home.
| Housing | Towaco | Typical New Jersey town |
|---|---|---|
| Median home value | $701,300 | $435,600 |
| Median rent | $1,950 | $1,774 |
| Median household income | $205,636 | $111,891 |
| Home value ÷ income | 3.4× | 3.8× |
| Homeownership | 93.0% | 80.8% |
| Median year built | 1972 | 1969 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in Towaco
| People | Towaco | Typical New Jersey town |
|---|---|---|
| Median age | 47.0 | 42.7 |
| Age 65 and over | 25.1% | 18.3% |
| Under 18 | 21.1% | — |
| Bachelor's degree or higher | 73.3% | 44.1% |
| Below the poverty line | 2.5% | 5.7% |
| Veterans | 3.3% | — |
| Born outside the U.S. | 21.6% | — |
| Work from home | 25.0% | 16.3% |
| Average commute | 35.7 min | 30.4 min |
| Homes with broadband | 98.1% | 94.6% |
Weather in Towaco
July highs average 85.4°F and January lows 20.6°F. About 49.2 inches of rain and melted snow fall a year, with 26.7 inches of snow (typical New Jersey town: 24.5 in). Expect about 16 days a year at 90°F or hotter and 124 nights at or below freezing.
Tornadoes, storms and disasters
6 tornadoes have passed within 10 miles of Towaco since 1950, compared with 9 for the typical New Jersey town. The strongest, an EF1, struck on July 21, 2026 about 3.6 miles from the town center. The most recent was on July 21, 2026.
Hail of 1 inch or larger has been reported within 10 miles 26 times; the largest was 1.75 inches on July 22, 2019.
Severe weather in Morris County since 1996
Morris County has been included in 33 federal disaster or emergency declarations since 1953, most often for fire, flood, other.
| Declared | Incident | Declaration |
|---|---|---|
| September 5, 2021 | Hurricane | DR-4614: Remnants Of Hurricane Ida |
| September 2, 2021 | Hurricane | EM-3573: Remnants Of Hurricane Ida |
| April 28, 2021 | Snowstorm | DR-4597: Severe Winter Storm And Snowstorm |
| December 11, 2020 | Hurricane | DR-4574: Tropical Storm Isaias |
| March 25, 2020 | Biological | DR-4488: Covid-19 Pandemic |
Jobs and pay in Morris County
Morris County had 298,824 jobs in 2024, paying an average of $101,208 a year. Unemployment was 3.7% in 2023; in Towaco itself the ACS puts it at 2%.
Public schools in Towaco
1 public school with 313 students, about 9.5 students per teacher.
| School | Grades | Students | Per teacher |
|---|---|---|---|
| Cedar Hill School | PK-5 | 313 | 9.5 |
Towns near Towaco
- Montville, NJ1.3 mi · 22,450 people · home $700,200
- Lincoln Park, NJ2.0 mi · 10,915 people · home $443,300
- Pequannock, NJ3.1 mi · 15,571 people · home $553,200
- Pompton Plains, NJ3.4 mi · 11,144 people · home $539,000
- Fairfield, NJ3.6 mi · 7,872 people · home $688,500
- Boonton, NJ3.7 mi · 8,815 people · home $495,400
- Lake Hiawatha, NJ3.8 mi · 10,194 people · home $428,600
- Pine Brook, NJ3.9 mi · 5,675 people · home $767,200
Towaco questions
Is Towaco, New Jersey a good place to retire?
On The Town Files lifestyle rankings, Towaco scores better for retirees than 78% of New Jersey towns and quieter than 68%. 25.1% of residents are 65 or older (median age 47.0).
How much does a house cost in Towaco?
The median owner-occupied home in Towaco is valued at $701,300 (Census ACS 2020–2024), against a median household income of $205,636, so homes cost about 3.4 times income. Median rent is $1,950 a month.
What is the weather like in Towaco?
July highs average 85.4°F and January lows 20.6°F (NOAA 1991–2020 normals). It gets about 49.2 inches of precipitation a year and 26.7 inches of snow.
Does Towaco get tornadoes?
6 tornadoes have passed within 10 miles of Towaco since 1950 (NOAA Storm Events); the strongest was an EF1 on July 21, 2026. The typical New Jersey town has had 9.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)