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07878 Map

07878 Income Statistics

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Comparison to Surrounding Areas

07878 Median Household Income

The median household income ($99,684) for 07878 is less than 07950 ($146,903), 07834 ($155,356), Morris County ($130,808), and Parsippany-Troy Hills township ($109,308).

07878$99,684
Parsippany-Troy Hills township$109,308
Morris County$130,808

07878 Average Household Income

The average household income ($105,901) for 07878 is less than 07950 ($179,762), 07834 ($179,304), Morris County ($178,045), and Parsippany-Troy Hills township ($143,405).

07878$105,901
Parsippany-Troy Hills township$143,405
Morris County$178,045

07878 Per-Capita Income

The per-capita income for 07878 is $46,573. The per capita income ($46,573) for 07878 is less than 07950 ($69,383), 07834 ($68,100), Morris County ($67,555), and Parsippany-Troy Hills township ($57,762).

07878$46,573
Parsippany-Troy Hills township$57,762
Morris County$67,555

07878 High Income Households

2.9% of households make over $200,000 a year. The percent high income households (2.9%) for 07878 is more than 07950 (33.3%), 07834 (30.1%), Morris County (29.8%), and Parsippany-Troy Hills township (22.3%).

078782.9%
Parsippany-Troy Hills township22.3%
Morris County29.8%

07878 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07878$-1$-1$108,281$101,739
Parsippany-Troy Hills township$85,684$114,857$141,985$77,581
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 07878 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+
07878+/-$4,009+/-$16,447+/-$9,620+/-5.4%+/-$-1+/-$-1+/-$58,975+/-$19,270
Parsippany-Troy Hills township+/-$6,608+/-$5,477+/-$2,255+/-1.8%+/-$32,460+/-$11,221+/-$15,269+/-$9,655
Morris County+/-$2,727+/-$3,246+/-$1,164+/-0.8%+/-$25,035+/-$2,984+/-$5,748+/-$3,633