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07945 Income Statistics

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07945 Compared to Surrounding Areas

Median Household Income

The median household income ($191,071) for 07945 is less than the median household income for Mendham ($197,950). But it's more than 07960 ($136,250), 07869 ($145,532), 07924 ($161,989), 07970 ($-1), 07930 ($164,186), 07931 ($137,472), Morris County ($117,298), Mendham ($171,894), and Randolph ($150,422).

07945$191,071
Mendham$197,950
Randolph$150,422
Mendham$171,894
Morris County$117,298

Average Household Income

The average household income ($265,627) for 07945 is less than the average household income for 07931 ($283,465) and Mendham ($324,915). But it's more than 07960 ($189,226), 07869 ($178,821), 07924 ($246,828), 07970 ($-1), 07930 ($206,563), Morris County ($156,161), Mendham ($236,893), and Randolph ($186,145).

07945$265,627
Mendham$324,915
Randolph$186,145
Mendham$236,893
Morris County$156,161

Per-Capita Income

The per-capita income for 07945 is $95,465. The per capita income ($95,465) for 07945 is less than the per capita income for Mendham ($112,072). But it's more than 07960 ($75,103), 07869 ($63,886), 07924 ($82,925), 07970 ($71,072), 07930 ($72,918), 07931 ($89,669), Morris County ($58,981), Mendham ($85,278), and Randolph ($66,240).

07945$95,465
Mendham$112,072
Randolph$66,240
Mendham$85,278
Morris County$58,981

High Income Households

% of households make over $200,000 a year. The percent high income households (48.2%) for 07945 is less than the percent high income households for Mendham (49.0%). But it's more than 07960 (32.7%), 07869 (36.4%), 07924 (40.9%), 07970 (0.0%), 07930 (41.1%), 07931 (35.8%), Morris County (24.2%), Mendham (43.4%), and Randolph (37.5%).

0794548.2%
Mendham49.0%
Randolph37.5%
Mendham43.4%
Morris County24.2%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07945 $-1 $199,167 $230,091 $122,243
Mendham $-1 $171,290 $243,047 $146,648
Randolph $21,406 $141,840 $198,173 $91,324
Mendham $-1 $196,250 $220,817 $120,331
Morris County $66,485 $125,612 $143,962 $75,529

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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 2020 5-year estimates. These values are in 2020 inflation-adjusted dollars and were downloaded on 17 March 2022.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2020 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+
07945 +/-$38,776 +/-$25,523 +/-$9,814 +/-7.1% +/-$-1 +/-$25,056 +/-$50,668 +/-$28,004
Mendham +/-$51,045 +/-$53,826 +/-$18,094 +/-8.7% +/-$-1 +/-$24,346 +/-$65,607 +/-$68,698
Randolph +/-$10,814 +/-$9,785 +/-$3,510 +/-3.2% +/-$941 +/-$18,517 +/-$17,386 +/-$19,782
Mendham +/-$35,392 +/-$31,602 +/-$12,844 +/-7.4% +/-$-1 +/-$25,060 +/-$44,805 +/-$15,878
Morris County +/-$2,241 +/-$2,146 +/-$828 +/-0.6% +/-$18,030 +/-$3,030 +/-$2,777 +/-$2,844