Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.6 yrs |
|---|---|
| Avg HH Size | 2.50 |
| Below Poverty | 7.6% ▼ 24% below avg |
| College Grads | 69.6% ▲ 80% above avg |
| Unemployment | 3.9% ▼ 20% below avg |
| No HS Diploma | 23 (0.3%) |
| HS Graduate | 1,174 (14.6%) |
| Some College | 523 (6.5%) |
| Associates | 725 (9%) |
| Bachelors | 373 (4.6%) |
| Graduate Degree | 5,211 (64.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $147,009 ▲ 93% above avg |
|---|---|
| Median Home Value | $719,400 ▲ 158% above avg |
| Home/Income Ratio | 4.9x (nat avg ~3.5x) |
| Median Rent | $3,009/mo |
| Total Housing Units | 4,880 |
| Vacant Units | 327 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Florham Park is a city in New Jersey, located in Morris County. The city spans 1 ZIP code and is home to approximately 11,498 residents. It is a middle-aged city, with a median age of 44.6 years.
Economically, Florham Park is a upper-middle-income community. The median household income of $147,009 is significantly above the national average. Approximately 7.6% of residents live below the poverty line. The unemployment rate is 3.9%, below the national average.
The real estate market in Florham Park is a premium housing market. Median home values stand at $719,400, which is more than double the national average. Renters typically pay around $3,009 per month. Homeownership is high at 69.4%, typical of suburban and family-oriented communities.
The population of Florham Park is highly educated. 69.6% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (67.7%).
Florham Park, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07932 | 11,498 | $147,009 | $719,400 | $3,009 | 3.9% | 69.6% | 69.4% |