07960 Map

07960 Income Statistics

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Comparison to Surrounding Areas

07960 Median Household Income

The median household income ($146,024) for 07960 is less than the median household income for 07950 ($146,903), 07920 ($174,754), 07940 ($163,643), 07869 ($166,618), 07924 ($218,971), 07945 ($234,150), Hanover township ($146,063), Morris township ($186,783), Harding township ($147,344), Mendham township ($240,962), and Chatham township ($208,910). But it's more than 07936 ($143,365), 07970 ($-1), 07932 ($140,602), 07935 ($143,250), 07926 ($-1), 07961 ($-1), 07981 ($144,573), 07976 ($-1), 07927 ($138,304), Morris County ($130,808), Parsippany-Troy Hills township ($109,308), Morristown town ($113,926), and Florham Park borough ($141,620).

07960$146,024
Mendham township$240,962
Chatham township$208,910
Hanover township$146,063
Parsippany-Troy Hills township$109,308
Morris township$186,783
Morristown town$113,926
Florham Park borough$141,620
Harding township$147,344
Morris County$130,808

07960 Average Household Income

The average household income ($214,951) for 07960 is less than the average household income for 07945 ($300,370), 07920 ($258,759), 07970 ($364,363), 07940 ($240,119), 07924 ($306,618), Morris township ($247,415), Harding township ($294,026), Mendham township ($371,996), and Chatham township ($328,478). But it's more than 07950 ($179,762), 07932 ($179,022), 07869 ($202,226), 07935 ($163,652), 07936 ($179,641), 07926 ($-1), 07961 ($-1), 07981 ($169,457), 07976 ($169,728), 07927 ($162,359), Morris County ($178,045), Hanover township ($175,058), Parsippany-Troy Hills township ($143,405), Morristown town ($146,879), and Florham Park borough ($183,050).

07960$214,951
Mendham township$371,996
Chatham township$328,478
Hanover township$175,058
Parsippany-Troy Hills township$143,405
Morris township$247,415
Morristown town$146,879
Florham Park borough$183,050
Harding township$294,026
Morris County$178,045

07960 Per-Capita Income

The per-capita income for 07960 is $86,498. The per capita income ($86,498) for 07960 is less than the per capita income for 07945 ($106,098), 07920 ($96,239), 07970 ($100,942), 07924 ($104,501), Chatham township ($118,896), Morris township ($91,497), Harding township ($117,090), and Mendham township ($126,866). But it's more than 07950 ($69,383), 07940 ($77,199), 07869 ($71,490), 07935 ($65,924), 07936 ($64,500), 07926 ($35,741), 07961 ($7,009), 07981 ($71,670), 07976 ($75,472), 07927 ($66,345), 07932 ($74,763), Morris County ($67,555), Hanover township ($71,338), Parsippany-Troy Hills township ($57,762), Morristown town ($66,283), and Florham Park borough ($66,939).

07960$86,498
Mendham township$126,866
Chatham township$118,896
Hanover township$71,338
Parsippany-Troy Hills township$57,762
Morris township$91,497
Morristown town$66,283
Florham Park borough$66,939
Harding township$117,090
Morris County$67,555

07960 High Income Households

35.5% of households make over $200,000 a year. The percent high income households (35.5%) for 07960 is more than 07950 (33.3%), 07970 (47.9%), 07932 (31.3%), 07940 (40.6%), 07869 (41.5%), 07924 (51.6%), 07935 (32.8%), 07936 (33.3%), 07945 (56.3%), 07926 (0.0%), 07961 (-1.0%), 07981 (27.8%), 07976 (12.7%), 07927 (32.9%), 07920 (45.5%), Morris County (29.8%), Chatham township (51.6%), Hanover township (31.9%), Parsippany-Troy Hills township (22.3%), Morris township (46.4%), Morristown town (21.2%), Florham Park borough (32.0%), Harding township (43.6%), and Mendham township (57.8%).

0796035.5%
Mendham township57.8%
Chatham township51.6%
Hanover township31.9%
Parsippany-Troy Hills township22.3%
Morris township46.4%
Morristown town21.2%
Florham Park borough32.0%
Harding township43.6%
Morris County29.8%

07960 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07960$105,901$145,156$184,141$120,938
Mendham township$-1$234,135$250,001$199,531
Chatham township$-1$250,001$250,001$98,393
Hanover township$-1$174,704$163,382$98,430
Parsippany-Troy Hills township$85,684$114,857$141,985$77,581
Morris township$-1$199,490$227,778$130,117
Morristown town$106,163$130,350$105,000$88,068
Florham Park borough$-1$163,214$174,363$110,033
Harding township$-1$-1$174,545$159,896
Morris County$85,508$140,890$163,973$85,541

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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+
07960+/-$7,694+/-$14,677+/-$5,610+/-2.7%+/-$52,375+/-$12,184+/-$15,545+/-$17,104
Mendham township+/-$21,849+/-$74,216+/-$20,135+/-10.0%+/-$-1+/-$32,986+/-$-1+/-$82,570
Chatham township+/-$32,736+/-$31,229+/-$12,221+/-5.2%+/-$-1+/-$-1+/-$-1+/-$18,434
Hanover township+/-$12,634+/-$11,195+/-$4,697+/-5.2%+/-$-1+/-$20,130+/-$25,002+/-$8,100
Parsippany-Troy Hills township+/-$6,608+/-$5,477+/-$2,255+/-1.8%+/-$32,460+/-$11,221+/-$15,269+/-$9,655
Morris township+/-$12,950+/-$20,174+/-$7,489+/-3.6%+/-$-1+/-$15,611+/-$25,881+/-$15,976
Morristown town+/-$10,543+/-$10,928+/-$6,253+/-3.7%+/-$52,571+/-$15,864+/-$12,000+/-$29,666
Florham Park borough+/-$15,772+/-$21,164+/-$7,083+/-5.3%+/-$-1+/-$31,785+/-$33,864+/-$23,353
Harding township+/-$64,099+/-$51,536+/-$21,921+/-8.5%+/-$-1+/-$-1+/-$73,376+/-$91,148
Morris County+/-$2,727+/-$3,246+/-$1,164+/-0.8%+/-$25,035+/-$2,984+/-$5,748+/-$3,633