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The median household income ($148,469) for 07950 is less than the median household income for 07869 ($170,862), 07927 ($166,077), 07960 ($149,462), 07834 ($162,644), Morris township ($194,142), Denville township ($163,276), Hanover township ($159,681), and Morris Plains borough ($149,623). But it's more than 07878 ($113,875), 07054 ($107,955), Morris County ($134,929), and Parsippany-Troy Hills township ($112,923).
| 07950 | $148,469 |
| Morris township | $194,142 |
| Parsippany-Troy Hills township | $112,923 |
| Denville township | $163,276 |
| Hanover township | $159,681 |
| Morris Plains borough | $149,623 |
| Morris County | $134,929 |
The average household income ($181,180) for 07950 is less than the average household income for 07927 ($185,487), 07960 ($217,137), 07834 ($184,356), 07869 ($211,569), Morris County ($181,402), Morris Plains borough ($183,461), Denville township ($186,450), Hanover township ($190,282), and Morris township ($242,329). But it's more than 07878 ($127,447), 07054 ($138,520), and Parsippany-Troy Hills township ($145,106).
| 07950 | $181,180 |
| Morris township | $242,329 |
| Parsippany-Troy Hills township | $145,106 |
| Denville township | $186,450 |
| Hanover township | $190,282 |
| Morris Plains borough | $183,461 |
| Morris County | $181,402 |
The per-capita income for 07950 is $71,205. The per capita income ($71,205) for 07950 is less than the per capita income for 07960 ($87,111), 07869 ($74,728), Morris township ($88,673), Hanover township ($75,032), and Morris Plains borough ($75,940). But it's more than 07878 ($58,648), 07927 ($68,105), 07054 ($56,514), 07834 ($68,832), Morris County ($69,226), Denville township ($70,355), and Parsippany-Troy Hills township ($59,526).
| 07950 | $71,205 |
| Morris township | $88,673 |
| Parsippany-Troy Hills township | $59,526 |
| Denville township | $70,355 |
| Hanover township | $75,032 |
| Morris Plains borough | $75,940 |
| Morris County | $69,226 |
34.1% of households make over $200,000 a year. The percent high income households (34.1%) for 07950 is less than the percent high income households for 07927 (40.4%), 07960 (36.6%), 07834 (35.1%), 07869 (42.5%), Denville township (35.5%), Hanover township (35.7%), and Morris township (48.8%). But it's more than 07878 (18.0%), 07054 (22.0%), Morris County (31.2%), Parsippany-Troy Hills township (23.1%), and Morris Plains borough (33.2%).
| 07950 | 34.1% |
| Morris township | 48.8% |
| Parsippany-Troy Hills township | 23.1% |
| Denville township | 35.5% |
| Hanover township | 35.7% |
| Morris Plains borough | 33.2% |
| Morris County | 31.2% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 07950 | $-1 | $148,920 | $182,886 | $96,897 |
| Morris township | $-1 | $209,828 | $237,250 | $135,756 |
| Parsippany-Troy Hills township | $90,985 | $120,223 | $135,785 | $75,868 |
| Denville township | $-1 | $183,505 | $189,340 | $104,591 |
| Hanover township | $-1 | $177,125 | $182,730 | $103,730 |
| Morris Plains borough | $-1 | $154,732 | $156,193 | $113,000 |
| Morris County | $90,975 | $148,209 | $166,659 | $87,105 |
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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 07950 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+ | |||||
| 07950 | +/-$3,635 | +/-$9,533 | +/-$4,286 | +/-3.3% | +/-$-1 | +/-$8,581 | +/-$11,588 | +/-$13,426 |
| Morris township | +/-$14,430 | +/-$20,892 | +/-$7,366 | +/-3.6% | +/-$-1 | +/-$17,570 | +/-$28,064 | +/-$23,849 |
| Parsippany-Troy Hills township | +/-$5,651 | +/-$6,018 | +/-$2,188 | +/-2.0% | +/-$5,246 | +/-$8,972 | +/-$13,974 | +/-$6,067 |
| Denville township | +/-$16,626 | +/-$13,035 | +/-$4,905 | +/-5.1% | +/-$-1 | +/-$20,097 | +/-$21,719 | +/-$12,069 |
| Hanover township | +/-$15,096 | +/-$12,722 | +/-$5,664 | +/-5.4% | +/-$-1 | +/-$17,477 | +/-$22,258 | +/-$2,732 |
| Morris Plains borough | +/-$11,131 | +/-$11,742 | +/-$4,569 | +/-5.0% | +/-$-1 | +/-$24,495 | +/-$37,678 | +/-$13,672 |
| Morris County | +/-$2,240 | +/-$2,814 | +/-$1,093 | +/-0.8% | +/-$5,495 | +/-$3,188 | +/-$4,039 | +/-$3,790 |
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