Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.9 yrs |
|---|---|
| Avg HH Size | 2.74 |
| Below Poverty | 2.2% ▼ 79% below avg |
| College Grads | 60.3% ▲ 56% above avg |
| Unemployment | 4.2% ▼ 14% below avg |
| No HS Diploma | 35 (0.4%) |
| HS Graduate | 2,231 (28.2%) |
| Some College | 504 (6.4%) |
| Associates | 365 (4.6%) |
| Bachelors | 425 (5.4%) |
| Graduate Degree | 4,345 (55%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $144,792 ▲ 90% above avg |
|---|---|
| Median Home Value | $668,500 ▲ 140% above avg |
| Home/Income Ratio | 4.6x (nat avg ~3.5x) |
| Median Rent | $2,745/mo |
| Total Housing Units | 4,162 |
| Vacant Units | 117 |
Income Distribution
How People Get to Work
Commute Time
Year Built
East Hanover is a city in New Jersey, located in Morris County. The city spans 1 ZIP code and is home to approximately 11,106 residents. It is a mature city, with a median age of 46.9 years.
Economically, East Hanover is a upper-middle-income community. The median household income of $144,792 is significantly above the national average. Approximately 2.2% of residents live below the poverty line. The unemployment rate is 4.2%, near the national average.
The real estate market in East Hanover is a premium housing market. Median home values stand at $668,500, which is more than double the national average. Renters typically pay around $2,745 per month. Homeownership is high at 94.4%, typical of suburban and family-oriented communities.
The population of East Hanover is highly educated. 60.3% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (70.03%).
East Hanover, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07936 | 11,106 | $144,792 | $668,500 | $2,745 | 4.2% | 60.3% | 94.4% |