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The median household income ($163,643) for 07940 is less than the median household income for 07928 ($223,547) and Chatham township ($208,910). But it's more than 07961 ($-1), 07932 ($140,602), 07960 ($146,024), 07935 ($143,250), Morris County ($130,808), Madison borough ($163,567), and Florham Park borough ($141,620).
07940 | $163,643 |
Madison borough | $163,567 |
Chatham township | $208,910 |
Florham Park borough | $141,620 |
Morris County | $130,808 |
The average household income ($240,119) for 07940 is less than the average household income for 07928 ($318,123) and Chatham township ($328,478). But it's more than 07961 ($-1), 07932 ($179,022), 07960 ($214,951), 07935 ($163,652), Morris County ($178,045), Madison borough ($238,765), and Florham Park borough ($183,050).
07940 | $240,119 |
Madison borough | $238,765 |
Chatham township | $328,478 |
Florham Park borough | $183,050 |
Morris County | $178,045 |
The per-capita income for 07940 is $77,199. The per capita income ($77,199) for 07940 is less than the per capita income for 07928 ($110,232), 07960 ($86,498), Madison borough ($82,074), and Chatham township ($118,896). But it's more than 07961 ($7,009), 07932 ($74,763), 07935 ($65,924), Morris County ($67,555), and Florham Park borough ($66,939).
07940 | $77,199 |
Madison borough | $82,074 |
Chatham township | $118,896 |
Florham Park borough | $66,939 |
Morris County | $67,555 |
40.6% of households make over $200,000 a year. The percent high income households (40.6%) for 07940 is more than 07935 (32.8%), 07961 (-1.0%), 07928 (54.8%), 07932 (31.3%), 07960 (35.5%), Morris County (29.8%), Madison borough (40.5%), Chatham township (51.6%), and Florham Park borough (32.0%).
07940 | 40.6% |
Madison borough | 40.5% |
Chatham township | 51.6% |
Florham Park borough | 32.0% |
Morris County | 29.8% |
under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
---|---|---|---|---|
07940 | $-1 | $185,660 | $191,967 | $95,573 |
Madison borough | $-1 | $185,660 | $191,783 | $95,313 |
Chatham township | $-1 | $250,001 | $250,001 | $98,393 |
Florham Park borough | $-1 | $163,214 | $174,363 | $110,033 |
Morris County | $85,508 | $140,890 | $163,973 | $85,541 |
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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 2022 5-year estimates. You can find this information and other demographics for 07940 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.
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+ | |||||
07940 | +/-$14,306 | +/-$17,738 | +/-$5,671 | +/-3.6% | +/-$-1 | +/-$18,051 | +/-$20,618 | +/-$23,872 |
Madison borough | +/-$14,407 | +/-$17,711 | +/-$6,006 | +/-3.6% | +/-$-1 | +/-$18,051 | +/-$19,465 | +/-$24,892 |
Chatham township | +/-$32,736 | +/-$31,229 | +/-$12,221 | +/-5.2% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$18,434 |
Florham Park borough | +/-$15,772 | +/-$21,164 | +/-$7,083 | +/-5.3% | +/-$-1 | +/-$31,785 | +/-$33,864 | +/-$23,353 |
Morris County | +/-$2,727 | +/-$3,246 | +/-$1,164 | +/-0.8% | +/-$25,035 | +/-$2,984 | +/-$5,748 | +/-$3,633 |