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07840 Map

07840 Income Statistics

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Comparison to Surrounding Areas

07840 Median Household Income

The median household income ($104,664) for 07840 is less than the median household income for 07836 ($141,646), 07865 ($128,558), 07874 ($125,732), 07880 ($107,235), 07821 ($143,477), 07838 ($108,810), 07853 ($196,011), Morris County ($130,808), Washington township ($176,351), Mount Olive township ($107,632), and Allamuchy township ($124,035). But it's more than 07820 ($-1), 07863 ($87,841), 07870 ($-1), 07828 ($90,120), Warren County ($92,620), Independence township ($92,536), Mansfield township ($93,472), and Hackettstown town ($95,174).

07840$104,664
Independence township$92,536
Mansfield township$93,472
Washington township$176,351
Mount Olive township$107,632
Allamuchy township$124,035
Hackettstown town$95,174
Warren County$92,620
Morris County$130,808

07840 Average Household Income

The average household income ($127,867) for 07840 is less than the average household income for 07836 ($167,524), 07865 ($129,859), 07874 ($133,206), 07880 ($151,237), 07821 ($156,117), 07838 ($143,207), 07853 ($232,117), Morris County ($178,045), Washington township ($216,791), Mount Olive township ($143,760), and Allamuchy township ($139,690). But it's more than 07820 ($-1), 07863 ($118,154), 07870 ($-1), 07828 ($121,770), Warren County ($110,838), Independence township ($109,846), Mansfield township ($104,539), and Hackettstown town ($107,976).

07840$127,867
Independence township$109,846
Mansfield township$104,539
Washington township$216,791
Mount Olive township$143,760
Allamuchy township$139,690
Hackettstown town$107,976
Warren County$110,838
Morris County$178,045

07840 Per-Capita Income

The per-capita income for 07840 is $51,224. The per capita income ($51,224) for 07840 is less than the per capita income for 07836 ($64,416), 07838 ($55,956), 07863 ($52,474), 07853 ($79,748), 07821 ($58,971), Morris County ($67,555), Washington township ($76,808), Mount Olive township ($56,580), and Allamuchy township ($63,718). But it's more than 07828 ($50,017), 07870 ($-1), 07874 ($48,632), 07880 ($42,150), 07820 ($-1), 07865 ($39,459), Warren County ($45,517), Mansfield township ($39,812), Hackettstown town ($40,183), and Independence township ($47,858).

07840$51,224
Independence township$47,858
Mansfield township$39,812
Washington township$76,808
Mount Olive township$56,580
Allamuchy township$63,718
Hackettstown town$40,183
Warren County$45,517
Morris County$67,555

07840 High Income Households

15.3% of households make over $200,000 a year. The percent high income households (15.3%) for 07840 is more than 07836 (29.6%), 07820 (-1.0%), 07863 (16.0%), 07853 (47.9%), 07865 (15.4%), 07870 (100.0%), 07874 (12.7%), 07880 (13.9%), 07821 (22.0%), 07828 (14.4%), 07838 (22.5%), Warren County (12.4%), Morris County (29.8%), Hackettstown town (9.6%), Mansfield township (10.6%), Allamuchy township (19.4%), Independence township (9.9%), Mount Olive township (20.6%), and Washington township (41.8%).

0784015.3%
Independence township9.9%
Mansfield township10.6%
Washington township41.8%
Mount Olive township20.6%
Allamuchy township19.4%
Hackettstown town9.6%
Warren County12.4%
Morris County29.8%

07840 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07840$30,206$106,817$130,250$67,891
Independence township$-1$105,000$102,639$68,588
Mansfield township$-1$86,587$115,577$55,602
Washington township$-1$194,250$205,816$97,038
Mount Olive township$48,867$106,667$142,253$69,688
Allamuchy township$-1$127,340$130,278$117,702
Hackettstown town$-1$101,995$135,806$53,460
Warren County$30,750$100,770$110,260$58,560
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. You can find this information and other demographics for 07840 on the US Census Bureau’s website. 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+
07840+/-$7,115+/-$9,504+/-$3,449+/-2.7%+/-$6,998+/-$8,118+/-$14,169+/-$8,188
Independence township+/-$15,019+/-$15,685+/-$6,308+/-4.8%+/-$-1+/-$16,652+/-$15,257+/-$9,376
Mansfield township+/-$15,212+/-$10,469+/-$3,731+/-6.1%+/-$-1+/-$22,673+/-$11,412+/-$3,743
Washington township+/-$12,316+/-$20,404+/-$6,636+/-4.3%+/-$-1+/-$58,260+/-$13,266+/-$16,060
Mount Olive township+/-$9,187+/-$9,733+/-$3,685+/-2.9%+/-$42,516+/-$22,357+/-$26,202+/-$20,699
Allamuchy township+/-$10,103+/-$16,748+/-$6,701+/-6.4%+/-$-1+/-$14,949+/-$22,668+/-$51,092
Hackettstown town+/-$12,462+/-$8,056+/-$2,941+/-3.3%+/-$-1+/-$11,418+/-$9,081+/-$7,723
Warren County+/-$2,407+/-$2,811+/-$1,050+/-1.1%+/-$7,438+/-$2,903+/-$5,127+/-$3,407
Morris County+/-$2,727+/-$3,246+/-$1,164+/-0.8%+/-$25,035+/-$2,984+/-$5,748+/-$3,633