07924 Map

07924 Income Statistics

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Comparison to Surrounding Areas

07924 Median Household Income

The median household income ($230,752) for 07924 is less than the median household income for 07945 ($243,665) and Bernardsville borough ($231,006). But it's more than 07931 ($159,013), 07960 ($149,462), 07920 ($184,630), and Somerset County ($135,960).

07924$230,752
Bernardsville borough$231,006
Somerset County$135,960

07924 Average Household Income

The average household income ($309,033) for 07924 is less than the average household income for 07931 ($312,365), 07945 ($317,245), and Bernardsville borough ($315,101). But it's more than 07960 ($217,137), 07920 ($270,171), and Somerset County ($186,372).

07924$309,033
Bernardsville borough$315,101
Somerset County$186,372

07924 Per-Capita Income

The per-capita income for 07924 is $104,907. The per capita income ($104,907) for 07924 is less than the per capita income for 07931 ($120,640), 07945 ($114,131), and Bernardsville borough ($106,981). But it's more than 07960 ($87,111), 07920 ($102,757), and Somerset County ($70,321).

07924$104,907
Bernardsville borough$106,981
Somerset County$70,321

07924 High Income Households

53.2% of households make over $200,000 a year. The percent high income households (53.2%) for 07924 is less than the percent high income households for 07945 (59.3%) and Bernardsville borough (53.7%). But it's more than 07931 (39.9%), 07960 (36.6%), 07920 (47.2%), and Somerset County (32.7%).

0792453.2%
Bernardsville borough53.7%
Somerset County32.7%

07924 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07924$-1$246,774$185,083$205,195
Bernardsville borough$-1$250,001$185,083$205,391
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 07924 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+
07924+/-$39,763+/-$38,074+/-$16,665+/-6.6%+/-$-1+/-$34,630+/-$104,304+/-$62,932
Bernardsville borough+/-$32,449+/-$38,658+/-$16,879+/-6.5%+/-$-1+/-$-1+/-$104,304+/-$60,914
Somerset County+/-$2,875+/-$3,739+/-$1,383+/-1.0%+/-$17,041+/-$7,073+/-$4,596+/-$4,548