Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.3 yrs |
|---|---|
| Avg HH Size | 2.74 |
| Below Poverty | 1.9% ▼ 81% below avg |
| College Grads | 81.5% ▲ 110% above avg |
| Unemployment | 2.4% ▼ 51% below avg |
| No HS Diploma | 17 (0.3%) |
| HS Graduate | 542 (8.2%) |
| Some College | 276 (4.2%) |
| Associates | 381 (5.8%) |
| Bachelors | 242 (3.7%) |
| Graduate Degree | 5,130 (77.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $243,665 ▲ 219% above avg |
|---|---|
| Median Home Value | $894,200 ▲ 221% above avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $3,432/mo |
| Total Housing Units | 3,651 |
| Vacant Units | 164 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Mendham is a city in New Jersey, located in Morris County. The city spans 1 ZIP code and is home to approximately 9,771 residents. It is a mature city, with a median age of 46.3 years.
Economically, Mendham is a affluent community. The median household income of $243,665 is more than double the national average. Approximately 1.9% of residents live below the poverty line. The unemployment rate is 2.4%, well below the national average.
The real estate market in Mendham is among the most expensive housing markets in the country. Median home values stand at $894,200, which is more than double the national average. Renters typically pay around $3,432 per month. Homeownership is high at 91.7%, typical of suburban and family-oriented communities.
The population of Mendham is highly educated. 81.5% of adults hold a bachelor's degree or higher — more than double the national average. The community is primarily White (81.24%).
Mendham, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07945 | 9,771 | $243,665 | $894,200 | $3,432 | 2.4% | 81.5% | 91.7% |