Fanwood is a somewhat small borough located in the state of New Jersey. With a population of 7,655 people and two associated neighborhoods, Fanwood is the 248th largest community in New Jersey.

Housing costs in Fanwood are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.

Also of interest is that Fanwood has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Fanwood telecommute to their jobs. Overall, about 24.69% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

In addition, Fanwood is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.

Fanwood is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Fanwood’s overall crime rate is lower than average for the country.

One downside of living in Fanwood, however, is that residents on average have to contend with a long commute, spending on average 37.17 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.

In Fanwood, a lot of people use the train to get to work every day though Fanwood is a relatively small borough. Those that ride the train are primarily traveling out of town to good jobs in other cities.

Do you like to read, write and learn? If you move to Fanwood, you'll likely find that many of your neighbors like to as well. Fanwood is one of the more educated communities in America, with a full 71.20% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Fanwood in 2022 was $71,378, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $285,512 for a family of four.

Fanwood is a very ethnically-diverse borough. The people who call Fanwood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Fanwood residents report their race to be White, followed by Asian. Fanwood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.36% of the borough’s residents. Important ancestries of people in Fanwood include Irish, Italian, German, Polish, and English.

Fanwood also has a high percentage of its population that was born in another country: 17.58%.

The most common language spoken in Fanwood is English. Other important languages spoken here include Spanish and Italian.