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07928 Income Statistics

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07928 Compared to Surrounding Areas

Median Household Income

The median household income ($207,059) for 07928 is less than the median household income for 07078 ($250,001) and Chatham borough ($209,283). But it's more than 07974 ($157,416), 07935 ($92,212), 07940 ($152,469), 07901 ($148,945), 07922 ($171,875), 07932 ($132,154), 07933 ($147,813), Morris County ($123,727), and Chatham township ($205,591).

07928$207,059
Chatham township$205,591
Chatham borough$209,283
Morris County$123,727

Average Household Income

The average household income ($289,433) for 07928 is less than the average household income for 07078 ($434,908) and Chatham township ($309,113). But it's more than 07974 ($200,525), 07935 ($114,080), 07940 ($224,617), 07901 ($261,660), 07922 ($233,711), 07932 ($164,581), 07933 ($187,559), Morris County ($164,869), and Chatham borough ($266,555).

07928$289,433
Chatham township$309,113
Chatham borough$266,555
Morris County$164,869

Per-Capita Income

The per-capita income for 07928 is $99,746. The per capita income ($99,746) for 07928 is less than the per capita income for 07078 ($137,194) and Chatham township ($109,945). But it's more than 07974 ($71,401), 07935 ($41,157), 07940 ($73,985), 07901 ($93,646), 07922 ($80,942), 07932 ($66,850), 07933 ($69,962), Morris County ($61,915), and Chatham borough ($87,263).

07928$99,746
Chatham township$109,945
Chatham borough$87,263
Morris County$61,915

High Income Households

52.5% of households make over $200,000 a year. The percent high income households (52.5%) for 07928 is less than the percent high income households for 07078 (71.1%) and Chatham borough (54.5%). But it's more than 07974 (37.1%), 07935 (12.6%), 07940 (36.5%), 07901 (41.6%), 07922 (43.5%), 07932 (29.5%), 07933 (39.0%), Morris County (26.6%), and Chatham township (50.9%).

0792852.5%
Chatham township50.9%
Chatham borough54.5%
Morris County26.6%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07928$-1$250,001$250,001$96,154
Chatham township$-1$250,001$250,001$92,143
Chatham borough$-1$250,001$241,544$112,813
Morris County$79,229$132,434$151,176$80,935

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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 2021 5-year estimates. These values are in 2021 inflation-adjusted dollars and were downloaded on 8 Dec 2022.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2021 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+
07928+/-$13,856+/-$19,287+/-$6,842+/-4.0%+/-$-1+/-$-1+/-$-1+/-$17,040
Chatham township+/-$31,619+/-$31,029+/-$10,735+/-5.3%+/-$-1+/-$-1+/-$-1+/-$16,106
Chatham borough+/-$24,283+/-$26,919+/-$8,771+/-6.4%+/-$-1+/-$-1+/-$44,831+/-$48,608
Morris County+/-$2,708+/-$2,745+/-$998+/-0.7%+/-$22,762+/-$4,191+/-$4,770+/-$2,745