07920 Map

07920 Income Statistics

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Comparison to Surrounding Areas

07920 Median Household Income

The median household income ($184,630) for 07920 is less than the median household income for 07924 ($230,752), 07946 ($213,393), 08836 ($237,935), and 07059 ($201,579). But it's more than 07960 ($149,462), 07921 ($117,705), 07931 ($159,013), 07976 ($110,985), 08807 ($165,983), 07939 ($-1), 07933 ($162,538), Morris County ($134,929), Somerset County ($135,960), Bernards township ($182,480), Bridgewater township ($170,641), and Harding township ($178,810).

07920$184,630
Bernards township$182,480
Bridgewater township$170,641
Harding township$178,810
Morris County$134,929
Somerset County$135,960

07920 Average Household Income

The average household income ($270,171) for 07920 is less than the average household income for 07931 ($312,365), 08836 ($303,384), 07059 ($292,614), 07924 ($309,033), 07976 ($278,807), Harding township ($318,455), and Bernards township ($271,015). But it's more than 07960 ($217,137), 07946 ($241,561), 08807 ($184,830), 07939 ($-1), 07933 ($208,840), 07921 ($161,146), Morris County ($181,402), Somerset County ($186,372), and Bridgewater township ($194,791).

07920$270,171
Bernards township$271,015
Bridgewater township$194,791
Harding township$318,455
Morris County$181,402
Somerset County$186,372

07920 Per-Capita Income

The per-capita income for 07920 is $102,757. The per capita income ($102,757) for 07920 is less than the per capita income for 07924 ($104,907), 07931 ($120,640), 07976 ($118,646), and Harding township ($125,144). But it's more than 07059 ($101,797), 08836 ($99,948), 08807 ($67,667), 07960 ($87,111), 07939 ($21,348), 07933 ($84,372), 07921 ($82,862), 07946 ($81,226), Morris County ($69,226), Somerset County ($70,321), Bernards township ($102,399), and Bridgewater township ($70,442).

07920$102,757
Bernards township$102,399
Bridgewater township$70,442
Harding township$125,144
Morris County$69,226
Somerset County$70,321

07920 High Income Households

47.2% of households make over $200,000 a year. The percent high income households (47.2%) for 07920 is less than the percent high income households for 07924 (53.2%), 07946 (54.7%), 08836 (62.4%), 07059 (50.4%), and Harding township (47.8%). But it's more than 07960 (36.6%), 07931 (39.9%), 07976 (36.5%), 08807 (38.8%), 07939 (0.0%), 07933 (42.1%), 07921 (26.7%), Morris County (31.2%), Somerset County (32.7%), Bernards township (46.5%), and Bridgewater township (40.6%).

0792047.2%
Bernards township46.5%
Bridgewater township40.6%
Harding township47.8%
Morris County31.2%
Somerset County32.7%

07920 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07920$-1$250,001$243,384$97,344
Bernards township$-1$250,001$243,937$96,328
Bridgewater township$-1$194,492$198,675$86,935
Harding township$-1$-1$210,833$173,558
Morris County$90,975$148,209$166,659$87,105
Somerset County$56,571$141,080$170,600$89,184

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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 07920 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+
07920+/-$13,244+/-$23,343+/-$9,154+/-3.5%+/-$-1+/-$-1+/-$17,376+/-$27,680
Bernards township+/-$12,835+/-$23,408+/-$9,106+/-3.4%+/-$-1+/-$-1+/-$17,457+/-$27,470
Bridgewater township+/-$9,648+/-$7,316+/-$2,963+/-2.6%+/-$-1+/-$15,233+/-$12,506+/-$8,172
Harding township+/-$61,984+/-$70,006+/-$24,729+/-9.0%+/-$-1+/-$-1+/-$76,447+/-$72,034
Morris County+/-$2,240+/-$2,814+/-$1,093+/-0.8%+/-$5,495+/-$3,188+/-$4,039+/-$3,790
Somerset County+/-$2,875+/-$3,739+/-$1,383+/-1.0%+/-$17,041+/-$7,073+/-$4,596+/-$4,548