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The median household income ($159,013) for 07931 is less than the median household income for 07930 ($237,609), 07924 ($230,752), 07934 ($228,438), 07945 ($243,665), 07830 ($181,023), 07920 ($184,630), Bernardsville borough ($231,006), Peapack and Gladstone borough ($184,231), Chester township ($250,001), Mendham township ($250,001), and Bernards township ($182,480). But it's more than 07921 ($117,705), 07977 ($-1), 07979 ($-1), 08858 ($-1), Morris County ($134,929), Somerset County ($135,960), Bedminster township ($113,292), and Far Hills borough ($152,188).
| 07931 | $159,013 |
| Mendham township | $250,001 |
| Bedminster township | $113,292 |
| Chester township | $250,001 |
| Bernards township | $182,480 |
| Bernardsville borough | $231,006 |
| Far Hills borough | $152,188 |
| Peapack and Gladstone borough | $184,231 |
| Morris County | $134,929 |
| Somerset County | $135,960 |
The average household income ($312,365) for 07931 is less than the average household income for 07934 ($320,924), 07945 ($317,245), Bernardsville borough ($315,101), and Mendham township ($381,677). But it's more than 07930 ($271,883), 07977 ($158,702), 07979 ($-1), 08858 ($-1), 07924 ($309,033), 07921 ($161,146), 07830 ($206,455), 07920 ($270,171), Morris County ($181,402), Somerset County ($186,372), Peapack and Gladstone borough ($255,808), Chester township ($292,784), Bernards township ($271,015), Far Hills borough ($289,312), and Bedminster township ($171,389).
| 07931 | $312,365 |
| Mendham township | $381,677 |
| Bedminster township | $171,389 |
| Chester township | $292,784 |
| Bernards township | $271,015 |
| Bernardsville borough | $315,101 |
| Far Hills borough | $289,312 |
| Peapack and Gladstone borough | $255,808 |
| Morris County | $181,402 |
| Somerset County | $186,372 |
The per-capita income for 07931 is $120,640. The per capita income ($120,640) for 07931 is less than the per capita income for 07934 ($137,441) and Mendham township ($129,179). But it's more than 07930 ($93,463), 07977 ($51,777), 07979 ($66,975), 08858 ($-1), 07924 ($104,907), 07921 ($82,862), 07945 ($114,131), 07830 ($75,894), 07920 ($102,757), Somerset County ($70,321), Morris County ($69,226), Far Hills borough ($120,610), Peapack and Gladstone borough ($102,494), Chester township ($99,351), Bedminster township ($86,243), Bernards township ($102,399), and Bernardsville borough ($106,981).
| 07931 | $120,640 |
| Mendham township | $129,179 |
| Bedminster township | $86,243 |
| Chester township | $99,351 |
| Bernards township | $102,399 |
| Bernardsville borough | $106,981 |
| Far Hills borough | $120,610 |
| Peapack and Gladstone borough | $102,494 |
| Morris County | $69,226 |
| Somerset County | $70,321 |
39.9% of households make over $200,000 a year. The percent high income households (39.9%) for 07931 is less than the percent high income households for 07930 (60.4%), 07924 (53.2%), 07934 (56.2%), 07945 (59.3%), 07920 (47.2%), Bernards township (46.5%), Bernardsville borough (53.7%), Peapack and Gladstone borough (46.6%), Chester township (63.5%), and Mendham township (63.1%). But it's more than 07830 (38.1%), 07977 (30.7%), 07979 (28.1%), 08858 (-1.0%), 07921 (26.7%), Morris County (31.2%), Somerset County (32.7%), Far Hills borough (38.6%), and Bedminster township (27.3%).
| 07931 | 39.9% |
| Mendham township | 63.1% |
| Bedminster township | 27.3% |
| Chester township | 63.5% |
| Bernards township | 46.5% |
| Bernardsville borough | 53.7% |
| Far Hills borough | 38.6% |
| Peapack and Gladstone borough | 46.6% |
| Morris County | 31.2% |
| Somerset County | 32.7% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 07931 | $-1 | $138,750 | $250,001 | $128,000 |
| Mendham township | $-1 | $243,839 | $250,001 | $196,806 |
| Bedminster township | $-1 | $126,000 | $123,472 | $98,708 |
| Chester township | $-1 | $250,001 | $250,001 | $147,212 |
| Bernards township | $-1 | $250,001 | $243,937 | $96,328 |
| Bernardsville borough | $-1 | $250,001 | $185,083 | $205,391 |
| Far Hills borough | $-1 | $182,188 | $159,896 | $79,583 |
| Peapack and Gladstone borough | $-1 | $228,646 | $212,344 | $124,444 |
| Morris County | $90,975 | $148,209 | $166,659 | $87,105 |
| Somerset County | $56,571 | $141,080 | $170,600 | $89,184 |
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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 2023 5-year estimates. You can find this information and other demographics for 07931 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.
| 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+ | |||||
| 07931 | +/-$34,364 | +/-$59,859 | +/-$25,660 | +/-8.3% | +/-$-1 | +/-$120,671 | +/-$-1 | +/-$55,266 |
| Mendham township | +/-$-1 | +/-$61,307 | +/-$17,475 | +/-10.0% | +/-$-1 | +/-$26,368 | +/-$-1 | +/-$91,940 |
| Bedminster township | +/-$16,430 | +/-$18,087 | +/-$8,241 | +/-5.9% | +/-$-1 | +/-$38,590 | +/-$30,337 | +/-$23,638 |
| Chester township | +/-$-1 | +/-$29,007 | +/-$11,848 | +/-7.3% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$53,158 |
| Bernards township | +/-$12,835 | +/-$23,408 | +/-$9,106 | +/-3.4% | +/-$-1 | +/-$-1 | +/-$17,457 | +/-$27,470 |
| Bernardsville borough | +/-$32,449 | +/-$38,658 | +/-$16,879 | +/-6.5% | +/-$-1 | +/-$-1 | +/-$104,304 | +/-$60,914 |
| Far Hills borough | +/-$24,967 | +/-$47,486 | +/-$20,465 | +/-6.5% | +/-$-1 | +/-$68,592 | +/-$64,082 | +/-$45,561 |
| Peapack and Gladstone borough | +/-$39,931 | +/-$53,056 | +/-$22,094 | +/-8.8% | +/-$-1 | +/-$52,867 | +/-$59,128 | +/-$51,387 |
| 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 |
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