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The median household income ($146,903) for 07950 is less than the median household income for 07834 ($155,356), 07869 ($166,618), Denville township ($156,406), and Morris township ($186,783). But it's more than 07054 ($105,434), 07878 ($99,684), 07927 ($138,304), 07960 ($146,024), Morris County ($130,808), Morris Plains borough ($144,540), Hanover township ($146,063), and Parsippany-Troy Hills township ($109,308).
| 07950 | $146,903 |
| Morris Plains borough | $144,540 |
| Denville township | $156,406 |
| Hanover township | $146,063 |
| Parsippany-Troy Hills township | $109,308 |
| Morris township | $186,783 |
| Morris County | $130,808 |
The average household income ($179,762) for 07950 is less than the average household income for 07960 ($214,951), 07869 ($202,226), Denville township ($181,749), and Morris township ($247,415). But it's more than 07834 ($179,304), 07878 ($105,901), 07927 ($162,359), 07054 ($140,049), Morris County ($178,045), Morris Plains borough ($170,400), Hanover township ($175,058), and Parsippany-Troy Hills township ($143,405).
| 07950 | $179,762 |
| Morris Plains borough | $170,400 |
| Denville township | $181,749 |
| Hanover township | $175,058 |
| Parsippany-Troy Hills township | $143,405 |
| Morris township | $247,415 |
| Morris County | $178,045 |
The per-capita income for 07950 is $69,383. The per capita income ($69,383) for 07950 is less than the per capita income for 07960 ($86,498), 07869 ($71,490), Morris Plains borough ($70,117), Hanover township ($71,338), and Morris township ($91,497). But it's more than 07878 ($46,573), 07927 ($66,345), 07054 ($55,917), 07834 ($68,100), Morris County ($67,555), Denville township ($69,270), and Parsippany-Troy Hills township ($57,762).
| 07950 | $69,383 |
| Morris Plains borough | $70,117 |
| Denville township | $69,270 |
| Hanover township | $71,338 |
| Parsippany-Troy Hills township | $57,762 |
| Morris township | $91,497 |
| Morris County | $67,555 |
33.3% of households make over $200,000 a year. The percent high income households (33.3%) for 07950 is more than 07869 (41.5%), 07878 (2.9%), 07927 (32.9%), 07960 (35.5%), 07054 (21.8%), 07834 (30.1%), Morris County (29.8%), Morris Plains borough (29.1%), Denville township (30.6%), Hanover township (31.9%), Parsippany-Troy Hills township (22.3%), and Morris township (46.4%).
| 07950 | 33.3% |
| Morris Plains borough | 29.1% |
| Denville township | 30.6% |
| Hanover township | 31.9% |
| Parsippany-Troy Hills township | 22.3% |
| Morris township | 46.4% |
| Morris County | 29.8% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 07950 | $-1 | $156,365 | $166,526 | $104,321 |
| Morris Plains borough | $-1 | $155,023 | $154,118 | $108,417 |
| Denville township | $-1 | $176,817 | $181,637 | $98,178 |
| Hanover township | $-1 | $174,704 | $163,382 | $98,430 |
| Parsippany-Troy Hills township | $85,684 | $114,857 | $141,985 | $77,581 |
| Morris township | $-1 | $199,490 | $227,778 | $130,117 |
| 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 07950 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+ | |||||
| 07950 | +/-$7,270 | +/-$9,326 | +/-$4,573 | +/-3.3% | +/-$-1 | +/-$22,837 | +/-$21,854 | +/-$10,736 |
| Morris Plains borough | +/-$7,127 | +/-$12,110 | +/-$5,735 | +/-5.0% | +/-$-1 | +/-$22,375 | +/-$24,226 | +/-$25,344 |
| Denville township | +/-$16,802 | +/-$13,389 | +/-$5,052 | +/-4.4% | +/-$-1 | +/-$16,039 | +/-$19,445 | +/-$17,998 |
| Hanover township | +/-$12,634 | +/-$11,195 | +/-$4,697 | +/-5.2% | +/-$-1 | +/-$20,130 | +/-$25,002 | +/-$8,100 |
| Parsippany-Troy Hills township | +/-$6,608 | +/-$5,477 | +/-$2,255 | +/-1.8% | +/-$32,460 | +/-$11,221 | +/-$15,269 | +/-$9,655 |
| Morris township | +/-$12,950 | +/-$20,174 | +/-$7,489 | +/-3.6% | +/-$-1 | +/-$15,611 | +/-$25,881 | +/-$15,976 |
| Morris County | +/-$2,727 | +/-$3,246 | +/-$1,164 | +/-0.8% | +/-$25,035 | +/-$2,984 | +/-$5,748 | +/-$3,633 |
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