07840 Map

07840 Income Statistics

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Comparison to Surrounding Areas

07840 Median Household Income

The median household income ($107,956) for 07840 is less than the median household income for 07836 ($154,743), 07865 ($108,881), 07838 ($121,563), 07821 ($145,100), 07874 ($125,517), 07880 ($110,134), 07853 ($183,692), Morris County ($134,929), Mount Olive township ($119,931), Allamuchy township ($130,170), and Washington township ($164,639). But it's more than 07870 ($-1), 07820 ($-1), 07828 ($96,989), 07863 ($101,417), Warren County ($99,596), Independence township ($101,282), Hackettstown town ($91,250), and Mansfield township ($94,432).

07840$107,956
Mansfield township$94,432
Allamuchy township$130,170
Independence township$101,282
Washington township$164,639
Mount Olive township$119,931
Hackettstown town$91,250
Morris County$134,929
Warren County$99,596

07840 Average Household Income

The average household income ($133,025) for 07840 is less than the average household income for 07836 ($172,579), 07863 ($134,879), 07838 ($152,053), 07821 ($163,491), 07874 ($142,330), 07853 ($222,956), Morris County ($181,402), Mount Olive township ($150,763), Allamuchy township ($152,013), and Washington township ($207,132). But it's more than 07870 ($-1), 07820 ($-1), 07880 ($112,153), 07828 ($132,400), 07865 ($126,879), Warren County ($117,781), Hackettstown town ($107,500), Mansfield township ($111,495), and Independence township ($129,776).

07840$133,025
Mansfield township$111,495
Allamuchy township$152,013
Independence township$129,776
Washington township$207,132
Mount Olive township$150,763
Hackettstown town$107,500
Morris County$181,402
Warren County$117,781

07840 Per-Capita Income

The per-capita income for 07840 is $54,394. The per capita income ($54,394) for 07840 is less than the per capita income for 07836 ($66,079), 07853 ($77,100), 07863 ($55,725), 07838 ($56,145), 07821 ($63,180), Morris County ($69,226), Mount Olive township ($59,228), Allamuchy township ($69,056), Independence township ($57,117), and Washington township ($73,556). But it's more than 07870 ($-1), 07828 ($53,212), 07865 ($40,736), 07874 ($53,307), 07820 ($-1), 07880 ($43,021), Warren County ($48,232), Hackettstown town ($40,297), and Mansfield township ($44,038).

07840$54,394
Mansfield township$44,038
Allamuchy township$69,056
Independence township$57,117
Washington township$73,556
Mount Olive township$59,228
Hackettstown town$40,297
Morris County$69,226
Warren County$48,232

07840 High Income Households

17.2% of households make over $200,000 a year. The percent high income households (17.2%) for 07840 is less than the percent high income households for 07836 (32.9%), 07863 (17.9%), 07870 (100.0%), 07838 (27.9%), 07821 (25.9%), 07853 (47.1%), Morris County (31.2%), Allamuchy township (21.5%), Washington township (41.5%), and Mount Olive township (24.2%). But it's more than 07865 (15.8%), 07820 (-1.0%), 07880 (0.0%), 07828 (16.6%), Warren County (13.7%), Independence township (11.9%), Hackettstown town (11.2%), and Mansfield township (9.1%). And it's the same as 07874 (17.2%).

0784017.2%
Mansfield township9.1%
Allamuchy township21.5%
Independence township11.9%
Washington township41.5%
Mount Olive township24.2%
Hackettstown town11.2%
Morris County31.2%
Warren County13.7%

07840 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07840$30,997$110,570$134,849$66,817
Mansfield township$-1$87,018$119,607$65,702
Allamuchy township$-1$134,920$141,079$100,179
Independence township$-1$110,821$111,612$73,125
Washington township$-1$220,048$203,160$99,953
Mount Olive township$107,786$118,386$157,276$71,549
Hackettstown town$-1$99,674$137,589$60,536
Morris County$90,975$148,209$166,659$87,105
Warren County$31,976$106,109$118,825$65,724

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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 07840 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+
07840+/-$5,860+/-$8,472+/-$3,513+/-2.8%+/-$3,027+/-$9,128+/-$12,902+/-$8,232
Mansfield township+/-$20,207+/-$12,702+/-$6,034+/-4.9%+/-$-1+/-$30,618+/-$14,970+/-$16,848
Allamuchy township+/-$7,923+/-$19,858+/-$9,196+/-7.6%+/-$-1+/-$40,487+/-$20,953+/-$42,466
Independence township+/-$9,841+/-$18,247+/-$8,088+/-5.0%+/-$-1+/-$43,206+/-$12,929+/-$16,088
Washington township+/-$19,551+/-$16,992+/-$5,105+/-4.3%+/-$-1+/-$47,848+/-$8,839+/-$16,248
Mount Olive township+/-$10,630+/-$8,825+/-$3,698+/-3.4%+/-$85,418+/-$14,400+/-$20,206+/-$22,656
Hackettstown town+/-$15,300+/-$7,562+/-$3,438+/-3.1%+/-$-1+/-$22,365+/-$16,694+/-$9,931
Morris County+/-$2,240+/-$2,814+/-$1,093+/-0.8%+/-$5,495+/-$3,188+/-$4,039+/-$3,790
Warren County+/-$2,673+/-$2,888+/-$1,166+/-1.2%+/-$22,849+/-$3,630+/-$5,280+/-$4,023