Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.4 yrs |
|---|---|
| Avg HH Size | 2.63 |
| Below Poverty | 3.8% ▼ 62% below avg |
| College Grads | 50.6% ▲ 31% above avg |
| Unemployment | 3.6% ▼ 27% below avg |
| No HS Diploma | 71 (1.2%) |
| HS Graduate | 1,438 (25.2%) |
| Some College | 612 (10.7%) |
| Associates | 695 (12.2%) |
| Bachelors | 607 (10.6%) |
| Graduate Degree | 2,277 (39.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $125,517 ▲ 64% above avg |
|---|---|
| Median Home Value | $336,000 ▲ 21% above avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $1,735/mo |
| Total Housing Units | 3,325 |
| Vacant Units | 99 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Stanhope is a city in New Jersey, located in Sussex County. The city spans 1 ZIP code and is home to approximately 8,498 residents. It is a middle-aged city, with a median age of 40.4 years.
Economically, Stanhope is a upper-middle-income community. The median household income of $125,517 is significantly above the national average. Approximately 3.8% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.
The real estate market in Stanhope is a mid-range housing market. Median home values stand at $336,000, which is above the national average. Renters typically pay around $1,735 per month. Homeownership is high at 92.5%, typical of suburban and family-oriented communities.
The population of Stanhope is well-educated. 50.6% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (74.41%).
Stanhope, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07874 | 8,498 | $125,517 | $336,000 | $1,735 | 3.6% | 50.6% | 92.5% |