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The median household income ($155,703) for 07931 is less than the median household income for Chester township ($221,176), Mendham township ($240,962), Bernards township ($174,072), Bernardsville borough ($220,060), and Peapack and Gladstone borough ($183,125). But it's more than Morris County ($130,808), Somerset County ($131,948), Bedminster township ($126,190), and Far Hills borough ($145,139).
| 07931 | $155,703 |
| Peapack and Gladstone borough | $183,125 |
| Bernardsville borough | $220,060 |
| Far Hills borough | $145,139 |
| Chester township | $221,176 |
| Mendham township | $240,962 |
| Bedminster township | $126,190 |
| Bernards township | $174,072 |
| Somerset County | $131,948 |
| Morris County | $130,808 |
The average household income ($324,203) for 07931 is less than the average household income for Mendham township ($371,996). But it's more than Morris County ($178,045), Somerset County ($180,078), Chester township ($260,295), Bedminster township ($173,550), Bernards township ($261,022), Bernardsville borough ($312,818), Far Hills borough ($252,921), and Peapack and Gladstone borough ($277,038).
| 07931 | $324,203 |
| Peapack and Gladstone borough | $277,038 |
| Bernardsville borough | $312,818 |
| Far Hills borough | $252,921 |
| Chester township | $260,295 |
| Mendham township | $371,996 |
| Bedminster township | $173,550 |
| Bernards township | $261,022 |
| Somerset County | $180,078 |
| Morris County | $178,045 |
The per-capita income for 07931 is $119,781. The per capita income ($119,781) for 07931 is less than the per capita income for Mendham township ($126,866). But it's more than Morris County ($67,555), Somerset County ($67,554), Chester township ($87,076), Bedminster township ($85,355), Bernards township ($96,483), Bernardsville borough ($106,706), Far Hills borough ($102,127), and Peapack and Gladstone borough ($103,719).
| 07931 | $119,781 |
| Peapack and Gladstone borough | $103,719 |
| Bernardsville borough | $106,706 |
| Far Hills borough | $102,127 |
| Chester township | $87,076 |
| Mendham township | $126,866 |
| Bedminster township | $85,355 |
| Bernards township | $96,483 |
| Somerset County | $67,554 |
| Morris County | $67,555 |
40.4% of households make over $200,000 a year. The percent high income households (40.4%) for 07931 is more than Morris County (29.8%), Somerset County (30.9%), Chester township (53.1%), Mendham township (57.8%), Bedminster township (29.9%), Bernards township (44.9%), Bernardsville borough (51.9%), Far Hills borough (37.9%), and Peapack and Gladstone borough (47.4%).
| 07931 | 40.4% |
| Peapack and Gladstone borough | 47.4% |
| Bernardsville borough | 51.9% |
| Far Hills borough | 37.9% |
| Chester township | 53.1% |
| Mendham township | 57.8% |
| Bedminster township | 29.9% |
| Bernards township | 44.9% |
| Somerset County | 30.9% |
| Morris County | 29.8% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 07931 | $-1 | $94,269 | $191,765 | $141,563 |
| Peapack and Gladstone borough | $-1 | $241,544 | $211,607 | $135,250 |
| Bernardsville borough | $-1 | $232,656 | $184,417 | $155,893 |
| Far Hills borough | $-1 | $173,125 | $151,250 | $105,417 |
| Chester township | $-1 | $250,001 | $250,001 | $142,885 |
| Mendham township | $-1 | $234,135 | $250,001 | $199,531 |
| Bedminster township | $-1 | $143,438 | $153,404 | $85,000 |
| Bernards township | $-1 | $196,029 | $242,563 | $93,438 |
| Somerset County | $52,882 | $132,460 | $167,637 | $86,289 |
| Morris County | $85,508 | $140,890 | $163,973 | $85,541 |
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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.
| 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+ | |||||
| 07931 | +/-$47,032 | +/-$66,209 | +/-$26,262 | +/-9.0% | +/-$-1 | +/-$63,737 | +/-$81,636 | +/-$53,585 |
| Peapack and Gladstone borough | +/-$71,102 | +/-$72,223 | +/-$23,766 | +/-10.1% | +/-$-1 | +/-$33,364 | +/-$72,276 | +/-$47,070 |
| Bernardsville borough | +/-$61,701 | +/-$40,950 | +/-$16,417 | +/-6.8% | +/-$-1 | +/-$28,762 | +/-$151,158 | +/-$84,098 |
| Far Hills borough | +/-$23,729 | +/-$45,989 | +/-$16,420 | +/-7.9% | +/-$-1 | +/-$82,976 | +/-$52,373 | +/-$82,782 |
| Chester township | +/-$45,130 | +/-$31,856 | +/-$11,967 | +/-8.9% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$68,728 |
| Mendham township | +/-$21,849 | +/-$74,216 | +/-$20,135 | +/-10.0% | +/-$-1 | +/-$32,986 | +/-$-1 | +/-$82,570 |
| Bedminster township | +/-$22,861 | +/-$19,013 | +/-$9,792 | +/-6.2% | +/-$-1 | +/-$15,900 | +/-$20,872 | +/-$19,714 |
| Bernards township | +/-$12,785 | +/-$25,985 | +/-$9,815 | +/-3.7% | +/-$-1 | +/-$55,250 | +/-$21,358 | +/-$27,719 |
| Somerset County | +/-$3,280 | +/-$3,710 | +/-$1,278 | +/-0.9% | +/-$13,765 | +/-$5,722 | +/-$6,481 | +/-$4,688 |
| Morris County | +/-$2,727 | +/-$3,246 | +/-$1,164 | +/-0.8% | +/-$25,035 | +/-$2,984 | +/-$5,748 | +/-$3,633 |
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