07920 Map

07920 Income Statistics

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07920 Compared to Surrounding Areas

Median Household Income

The median household income ($174,754) for 07920 is more than Morris County ($130,808), Somerset County ($131,948), Harding township ($147,344), Bernards township ($174,072), and Bridgewater township ($158,514).

07920$174,754
Harding township$147,344
Bernards township$174,072
Bridgewater township$158,514
Morris County$130,808
Somerset County$131,948

Average Household Income

The average household income ($258,759) for 07920 is less than the average household income for Harding township ($294,026) and Bernards township ($261,022). But it's more than Morris County ($178,045), Somerset County ($180,078), and Bridgewater township ($183,457).

07920$258,759
Harding township$294,026
Bernards township$261,022
Bridgewater township$183,457
Morris County$178,045
Somerset County$180,078

Per-Capita Income

The per-capita income for 07920 is $96,239. The per capita income ($96,239) for 07920 is less than the per capita income for Harding township ($117,090) and Bernards township ($96,483). But it's more than Morris County ($67,555), Somerset County ($67,554), and Bridgewater township ($65,939).

07920$96,239
Harding township$117,090
Bernards township$96,483
Bridgewater township$65,939
Morris County$67,555
Somerset County$67,554

High Income Households

45.5% of households make over $200,000 a year. The percent high income households (45.5%) for 07920 is more than Morris County (29.8%), Somerset County (30.9%), Harding township (43.6%), Bernards township (44.9%), and Bridgewater township (37.2%).

0792045.5%
Harding township43.6%
Bernards township44.9%
Bridgewater township37.2%
Morris County29.8%
Somerset County30.9%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07920$-1$220,897$239,306$93,063
Harding township$-1$-1$174,545$159,896
Bernards township$-1$196,029$242,563$93,438
Bridgewater township$2,499$174,132$190,680$83,793
Morris County$85,508$140,890$163,973$85,541
Somerset County$52,882$132,460$167,637$86,289

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
07920+/-$14,671+/-$25,382+/-$9,560+/-3.6%+/-$-1+/-$52,569+/-$22,119+/-$30,245
Harding township+/-$64,099+/-$51,536+/-$21,921+/-8.5%+/-$-1+/-$-1+/-$73,376+/-$91,148
Bernards township+/-$12,785+/-$25,985+/-$9,815+/-3.7%+/-$-1+/-$55,250+/-$21,358+/-$27,719
Bridgewater township+/-$9,002+/-$6,834+/-$2,978+/-2.4%+/-$-1+/-$12,520+/-$14,182+/-$8,871
Morris County+/-$2,727+/-$3,246+/-$1,164+/-0.8%+/-$25,035+/-$2,984+/-$5,748+/-$3,633
Somerset County+/-$3,280+/-$3,710+/-$1,278+/-0.9%+/-$13,765+/-$5,722+/-$6,481+/-$4,688