07934 Map

07934 Income Statistics

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Comparison to Surrounding Areas

07934 Median Household Income

The median household income ($228,438) for 07934 is less than the median household income for 07930 ($237,609) and Chester township ($250,001). But it's more than 07979 ($-1), 07931 ($159,013), 07977 ($-1), Somerset County ($135,960), Morris County ($134,929), Peapack and Gladstone borough ($184,231), and Bedminster township ($113,292).

07934$228,438
Bedminster township$113,292
Peapack and Gladstone borough$184,231
Chester township$250,001
Morris County$134,929
Somerset County$135,960

07934 Average Household Income

The average household income ($320,924) for 07934 is more than 07979 ($-1), 07930 ($271,883), 07931 ($312,365), 07977 ($158,702), Morris County ($181,402), Somerset County ($186,372), Chester township ($292,784), Peapack and Gladstone borough ($255,808), and Bedminster township ($171,389).

07934$320,924
Bedminster township$171,389
Peapack and Gladstone borough$255,808
Chester township$292,784
Morris County$181,402
Somerset County$186,372

07934 Per-Capita Income

The per-capita income for 07934 is $137,441. The per capita income ($137,441) for 07934 is more than 07979 ($66,975), 07930 ($93,463), 07931 ($120,640), 07977 ($51,777), Morris County ($69,226), Somerset County ($70,321), Chester township ($99,351), Peapack and Gladstone borough ($102,494), and Bedminster township ($86,243).

07934$137,441
Bedminster township$86,243
Peapack and Gladstone borough$102,494
Chester township$99,351
Morris County$69,226
Somerset County$70,321

07934 High Income Households

56.2% of households make over $200,000 a year. The percent high income households (56.2%) for 07934 is less than the percent high income households for 07930 (60.4%) and Chester township (63.5%). But it's more than 07979 (28.1%), 07931 (39.9%), 07977 (30.7%), Somerset County (32.7%), Morris County (31.2%), Peapack and Gladstone borough (46.6%), and Bedminster township (27.3%).

0793456.2%
Bedminster township27.3%
Peapack and Gladstone borough46.6%
Chester township63.5%
Morris County31.2%
Somerset County32.7%

07934 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07934$-1$239,211$237,174$103,125
Bedminster township$-1$126,000$123,472$98,708
Peapack and Gladstone borough$-1$228,646$212,344$124,444
Chester township$-1$250,001$250,001$147,212
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 07934 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+
07934+/-$28,610+/-$73,115+/-$31,069+/-9.8%+/-$-1+/-$59,518+/-$58,257+/-$76,835
Bedminster township+/-$16,430+/-$18,087+/-$8,241+/-5.9%+/-$-1+/-$38,590+/-$30,337+/-$23,638
Peapack and Gladstone borough+/-$39,931+/-$53,056+/-$22,094+/-8.8%+/-$-1+/-$52,867+/-$59,128+/-$51,387
Chester township+/-$-1+/-$29,007+/-$11,848+/-7.3%+/-$-1+/-$-1+/-$-1+/-$53,158
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