Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.0 yrs |
|---|---|
| Avg HH Size | 2.61 |
| Below Poverty | 5.1% ▼ 49% below avg |
| College Grads | 61.4% ▲ 59% above avg |
| Unemployment | 5.0% ≈ Avg |
| No HS Diploma | 118 (1.2%) |
| HS Graduate | 2,258 (22%) |
| Some College | 541 (5.3%) |
| Associates | 1,034 (10.1%) |
| Bachelors | 566 (5.5%) |
| Graduate Degree | 5,729 (55.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $126,411 ▲ 66% above avg |
|---|---|
| Median Home Value | $565,900 ▲ 103% above avg |
| Home/Income Ratio | 4.5x (nat avg ~3.5x) |
| Median Rent | $1,779/mo |
| Total Housing Units | 6,115 |
| Vacant Units | 370 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Boonton is a city in New Jersey, located in Morris County. The city spans 1 ZIP code and is home to approximately 15,240 residents. It is a middle-aged city, with a median age of 42 years.
Economically, Boonton is a upper-middle-income community. The median household income of $126,411 is significantly above the national average. Approximately 5.1% of residents live below the poverty line. The unemployment rate is 5.0%, near the national average.
The real estate market in Boonton is a premium housing market. Median home values stand at $565,900, which is more than double the national average. Renters typically pay around $1,779 per month. Homeownership is high at 71.0%, typical of suburban and family-oriented communities.
The population of Boonton is highly educated. 61.4% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (72.91%).
Boonton, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07005 | 15,240 | $126,411 | $565,900 | $1,779 | 5.0% | 61.4% | 71.0% |