Towaco is located in Morris county New jersey with a geographic area of 6.0 square miles. The total population in Towaco is 5,244 with 49.6% male and 50.4% female. Children under age 5 represent 2.6% of the population, under age 18 equal 25.9% of the population and over age 65 is 22.7% of the population. The median household income is $91,063, per capita income is $57,554. There are a total of 1,979 housing units with 95.6% owner occupied. Education includes 12.2% of residents that are high school graduates and 69.3% with a bachelor's degree or higher. The average temperature in Towaco in the summer is 73 degrees, and in the winter 34 degrees.
