HomeNew JerseyUnion CountyWestfield
Westfield, New Jersey: commercial real estate data.
Westfield is a Census town of 31,111 people across 6.72 square miles of land, in Union County. Median household income is $232,629, 81.1 percent of occupied homes are owned, and the SBA record carries 63 7(a) approvals to borrowers here worth $33.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Westfield
What Westfield is
- Census place typetown
- Land area6.72 sq mi
- Water area0.02 sq mi
- Population per square mile of land4,627
- County holding the largest share of its areaUnion County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westfield
How many people live in Westfield
- Population31,111
- Median age40.7
- Population under 188,932
- Share under 1828.7 percent
- Population 65 and over4,629
- Share 65 and over14.9 percent
- Households10,900
- Family households8,538
- Share of households that are families78.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westfield
Income and work in Westfield
- Median household income$232,629
- Per capita income$107,640
- Civilian labor force15,826
- Employed15,249
- Unemployed577 plus or minus 159
- Unemployment rate3.6 percent plus or minus 1.0
- Adults 25 and over20,606
- Adults 25 and over with a high school diploma or higher97.8 percent
- Adults 25 and over with a bachelor degree or higher78.1 percent
- Adults 25 and over with a graduate degree38.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westfield
Housing in Westfield
- Housing units11,192
- Occupied units10,900
- Vacant units292 plus or minus 161
- Vacancy rate2.6 percent plus or minus 1.4
- Owner occupied8,841
- Renter occupied2,059
- Ownership rate81.1 percent
- Median owner-occupied home value$953,400
- Median gross rent, monthly$2,357
- Annual rent as a share of median income12.2 percent
- Single family units9,022
- Share single family80.6 percent
- Units in buildings of two or more2,152
- Share in buildings of two or more19.2 percent
- Mobile homes18 plus or minus 29
- Median year structure built1953
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westfield
How Westfield gets to work
- Workers 16 and over who commute9,930
- Commuting under 15 minutes2,212
- Share commuting under 15 minutes22.3 percent
- Commuting 30 minutes or more5,252
- Share commuting 30 minutes or more52.9 percent
- Drove alone49.7 percent
- Carpooled2.1 percent plus or minus 0.9
- Public transport11.8 percent
- Walked1.0 percent plus or minus 0.5
- Worked from home34.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westfield
SBA loans in Westfield (7(a))
- Approvals63
- Gross approval$33,321,900
- Average approval$528,919
- Median approval$211,000
- Ninetieth percentile approval$1,436,000
- Largest approval$5,000,000
- Jobs supported487
- Jobs per approval7.7
- Loans with a final outcome9
- Paid in full7
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more15.9 percent
- Share to franchises20.6 percent
- Distinct lenders30
- Distinct industries by NAICS39
Counted by borrower city: approvals to borrowers whose address is in Westfield, in any county, FY2020 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Westfield
SBA loans in Westfield (504)
- Approvals4
- Gross approval$2,017,000
- Average approval$504,250
- Median approval$528,000
- Largest approval$605,000
- Jobs supported16
- Loans with a final outcome1
- Charged off0
- Median term270 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Westfield, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Westfield
Flood risk in Westfield
- NFIP communityTown of Westfield
- NFIP community number340478
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/20/06
The Town of Westfield participates in the National Flood Insurance Program as community 340478 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Union County, not Westfield
Union County context, not Westfield figures
- Establishments in Union County14,276
- Covered employment, Union County229,010
- Average annual pay, Union County$84,322
- Housing units permitted, Union County1,696
Every figure in this section is published for Union County as a whole and is not a measurement of Westfield.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Westfield questions, answered from the record.
How many people live in Westfield, New Jersey?
31,111, in 10,900 households. Westfield town covers 6.72 square miles of land, which is 4,627 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Westfield in?
Union County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Westfield?
$232,629. The median owner-occupied home is valued at $953,400. Median gross rent is $2,357 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Westfield businesses?
63 7(a) approvals totaling $33.3 m since FY2020, across 30 lenders, median approval $211,000, plus 4 504 approvals worth $2.0 m since FY2010. These count approvals to borrowers whose address is in Westfield, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Westfield borrowers get paid back?
No rate is published for Westfield. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Westfield in the National Flood Insurance Program?
Yes. Westfield appears in the FEMA Community Status Book as Westfield, town of, community 340478, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Westfield figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Union County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Westfield.
Is zoning published for Westfield?
No. Nothing on this page presents parcel level zoning.