07848 Income Statistics

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Comparison to Surrounding Areas

07848 Median Household Income

The median household income ($107,500) for 07848 is less than the median household income for 07871 ($159,924), 07419 ($112,555), Sussex County ($111,094), Lafayette township ($115,313), and Andover township ($111,458). But it's more than 07461 ($103,389), 07860 ($103,876), 07416 ($88,557), 07822 ($105,882), and Hampton township ($102,394).

07848	$107,500
Lafayette township	$115,313
Andover township	$111,458
Hampton township	$102,394
Sussex County	$111,094

07848 Average Household Income

The average household income ($139,507) for 07848 is less than the average household income for 07871 ($197,425) and Andover township ($197,834). But it's more than 07822 ($130,983), 07860 ($136,350), 07416 ($96,885), 07419 ($116,634), 07461 ($120,845), Sussex County ($138,507), Hampton township ($118,682), and Lafayette township ($138,726).

07848	$139,507
Lafayette township	$138,726
Andover township	$197,834
Hampton township	$118,682
Sussex County	$138,507

07848 Per-Capita Income

The per-capita income for 07848 is $50,648. The per capita income ($50,648) for 07848 is less than the per capita income for 07871 ($71,983), 07860 ($52,705), Sussex County ($54,124), and Andover township ($71,505). But it's more than 07461 ($46,539), 07416 ($44,397), 07419 ($48,376), 07822 ($45,967), Lafayette township ($49,332), and Hampton township ($48,363).

07848	$50,648
Lafayette township	$49,332
Andover township	$71,505
Hampton township	$48,363
Sussex County	$54,124

07848 High Income Households

23.7% of households make over $200,000 a year. The percent high income households (23.7%) for 07848 is more than 07822 (13.4%), 07871 (38.3%), 07860 (19.5%), 07416 (6.4%), 07419 (16.0%), 07461 (14.6%), Sussex County (19.0%), Andover township (28.3%), Hampton township (16.4%), and Lafayette township (21.8%).

07848	23.7%
Lafayette township	21.8%
Andover township	28.3%
Hampton township	16.4%
Sussex County	19.0%

07848 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
07848	$-1	$144,250	$114,125	$72,386
Lafayette township	$-1	$121,786	$118,542	$100,909
Andover township	$-1	$149,063	$144,250	$66,532
Hampton township	$-1	$119,750	$124,224	$70,982
Sussex County	$58,354	$119,508	$132,941	$79,514

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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 07848 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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
07848	+/-$12,680	+/-$16,956	+/-$6,233	+/-6.1%	+/-$-1	+/-$26,499	+/-$23,978	+/-$20,142
Lafayette township	+/-$4,851	+/-$17,209	+/-$6,477	+/-6.8%	+/-$-1	+/-$25,349	+/-$36,800	+/-$28,464
Andover township	+/-$23,719	+/-$63,468	+/-$23,492	+/-7.0%	+/-$-1	+/-$96,963	+/-$31,630	+/-$32,392
Hampton township	+/-$6,659	+/-$10,039	+/-$3,939	+/-5.0%	+/-$-1	+/-$20,896	+/-$25,992	+/-$13,443
Sussex County	+/-$2,734	+/-$4,011	+/-$1,552	+/-1.0%	+/-$5,767	+/-$6,911	+/-$5,269	+/-$4,053