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07934 Income Statistics

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Comparison to Surrounding Areas

07934 Median Household Income

The median household income ($211,250) for 07934 is less than the median household income for Chester township ($221,176). But it's more than 07931 ($155,703), 07977 ($-1), 07979 ($-1), 07930 ($208,750), Somerset County ($131,948), Morris County ($130,808), Peapack and Gladstone borough ($183,125), and Bedminster township ($126,190).

07934$211,250
Peapack and Gladstone borough$183,125
Chester township$221,176
Bedminster township$126,190
Somerset County$131,948
Morris County$130,808

07934 Average Household Income

The average household income ($268,462) for 07934 is less than the average household income for 07977 ($300,068), 07931 ($324,203), and Peapack and Gladstone borough ($277,038). But it's more than 07979 ($-1), 07930 ($240,267), Somerset County ($180,078), Morris County ($178,045), Chester township ($260,295), and Bedminster township ($173,550).

07934$268,462
Peapack and Gladstone borough$277,038
Chester township$260,295
Bedminster township$173,550
Somerset County$180,078
Morris County$178,045

07934 Per-Capita Income

The per-capita income for 07934 is $108,822. The per capita income ($108,822) for 07934 is less than the per capita income for 07931 ($119,781). But it's more than 07979 ($64,199), 07977 ($93,594), 07930 ($82,856), Somerset County ($67,554), Morris County ($67,555), Bedminster township ($85,355), Chester township ($87,076), and Peapack and Gladstone borough ($103,719).

07934$108,822
Peapack and Gladstone borough$103,719
Chester township$87,076
Bedminster township$85,355
Somerset County$67,554
Morris County$67,555

07934 High Income Households

52.6% of households make over $200,000 a year. The percent high income households (52.6%) for 07934 is more than 07979 (23.2%), 07977 (45.5%), 07931 (40.4%), 07930 (50.6%), Somerset County (30.9%), Morris County (29.8%), Bedminster township (29.9%), Chester township (53.1%), and Peapack and Gladstone borough (47.4%).

0793452.6%
Peapack and Gladstone borough47.4%
Chester township53.1%
Bedminster township29.9%
Somerset County30.9%
Morris County29.8%

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$245,250$225,284$-1
Peapack and Gladstone borough$-1$241,544$211,607$135,250
Chester township$-1$250,001$250,001$142,885
Bedminster township$-1$143,438$153,404$85,000
Somerset County$52,882$132,460$167,637$86,289
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 07934 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+
07934+/-$37,752+/-$60,298+/-$22,378+/-11.3%+/-$-1+/-$34,006+/-$44,107+/-$-1
Peapack and Gladstone borough+/-$71,102+/-$72,223+/-$23,766+/-10.1%+/-$-1+/-$33,364+/-$72,276+/-$47,070
Chester township+/-$45,130+/-$31,856+/-$11,967+/-8.9%+/-$-1+/-$-1+/-$-1+/-$68,728
Bedminster township+/-$22,861+/-$19,013+/-$9,792+/-6.2%+/-$-1+/-$15,900+/-$20,872+/-$19,714
Somerset County+/-$3,280+/-$3,710+/-$1,278+/-0.9%+/-$13,765+/-$5,722+/-$6,481+/-$4,688
Morris County+/-$2,727+/-$3,246+/-$1,164+/-0.8%+/-$25,035+/-$2,984+/-$5,748+/-$3,633