07834 Map

07834 Income Statistics

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Comparison to Surrounding Areas

07834 Median Household Income

The median household income ($162,644) for 07834 is less than the median household income for 07046 ($250,001), 07869 ($170,862), and Denville township ($163,276). But it's more than 07054 ($107,955), 07866 ($123,828), 07950 ($148,469), 07005 ($126,411), 07878 ($113,875), Morris County ($134,929), Rockaway township ($139,383), and Parsippany-Troy Hills township ($112,923).

07834$162,644
Parsippany-Troy Hills township$112,923
Denville township$163,276
Rockaway township$139,383
Morris County$134,929

07834 Average Household Income

The average household income ($184,356) for 07834 is less than the average household income for 07046 ($327,881), 07869 ($211,569), and Denville township ($186,450). But it's more than 07054 ($138,520), 07866 ($160,573), 07950 ($181,180), 07005 ($165,659), 07878 ($127,447), Morris County ($181,402), Rockaway township ($172,010), and Parsippany-Troy Hills township ($145,106).

07834$184,356
Parsippany-Troy Hills township$145,106
Denville township$186,450
Rockaway township$172,010
Morris County$181,402

07834 Per-Capita Income

The per-capita income for 07834 is $68,832. The per capita income ($68,832) for 07834 is less than the per capita income for 07046 ($102,826), 07869 ($74,728), 07950 ($71,205), Morris County ($69,226), and Denville township ($70,355). But it's more than 07878 ($58,648), 07866 ($62,446), 07005 ($63,569), 07054 ($56,514), Parsippany-Troy Hills township ($59,526), and Rockaway township ($63,657).

07834$68,832
Parsippany-Troy Hills township$59,526
Denville township$70,355
Rockaway township$63,657
Morris County$69,226

07834 High Income Households

35.1% of households make over $200,000 a year. The percent high income households (35.1%) for 07834 is less than the percent high income households for 07046 (62.8%), 07869 (42.5%), and Denville township (35.5%). But it's more than 07054 (22.0%), 07866 (25.6%), 07950 (34.1%), 07005 (28.6%), 07878 (18.0%), Morris County (31.2%), Rockaway township (27.9%), and Parsippany-Troy Hills township (23.1%).

0783435.1%
Parsippany-Troy Hills township23.1%
Denville township35.5%
Rockaway township27.9%
Morris County31.2%

07834 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07834$-1$183,832$187,697$103,886
Parsippany-Troy Hills township$90,985$120,223$135,785$75,868
Denville township$-1$183,505$189,340$104,591
Rockaway township$-1$159,871$155,783$84,706
Morris County$90,975$148,209$166,659$87,105

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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 2023 5-year estimates. You can find this information and other demographics for 07834 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
07834+/-$12,190+/-$12,001+/-$4,544+/-4.8%+/-$-1+/-$19,355+/-$25,306+/-$12,293
Parsippany-Troy Hills township+/-$5,651+/-$6,018+/-$2,188+/-2.0%+/-$5,246+/-$8,972+/-$13,974+/-$6,067
Denville township+/-$16,626+/-$13,035+/-$4,905+/-5.1%+/-$-1+/-$20,097+/-$21,719+/-$12,069
Rockaway township+/-$5,289+/-$9,990+/-$3,727+/-2.7%+/-$-1+/-$14,974+/-$2,671+/-$13,423
Morris County+/-$2,240+/-$2,814+/-$1,093+/-0.8%+/-$5,495+/-$3,188+/-$4,039+/-$3,790