07960 Map

07960 Income Statistics

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Comparison to Surrounding Areas

07960 Median Household Income

The median household income ($149,462) for 07960 is less than the median household income for 07940 ($168,520), 07924 ($230,752), 07945 ($243,665), 07869 ($170,862), 07920 ($184,630), 07981 ($153,329), 07927 ($166,077), Morris township ($194,142), Hanover township ($159,681), Harding township ($178,810), Chatham township ($223,380), and Mendham township ($250,001). But it's more than 07950 ($148,469), 07976 ($110,985), 07932 ($147,009), 07935 ($104,519), 07936 ($144,792), 07961 ($-1), 07970 ($-1), 07926 ($-1), Morris County ($134,929), Morristown town ($115,409), Florham Park borough ($147,714), and Parsippany-Troy Hills township ($112,923).

07960$149,462
Florham Park borough$147,714
Parsippany-Troy Hills township$112,923
Morris township$194,142
Hanover township$159,681
Harding township$178,810
Morristown town$115,409
Chatham township$223,380
Mendham township$250,001
Morris County$134,929

07960 Average Household Income

The average household income ($217,137) for 07960 is less than the average household income for 07940 ($248,182), 07924 ($309,033), 07945 ($317,245), 07976 ($278,807), 07920 ($270,171), 07970 ($366,942), Harding township ($318,455), Chatham township ($329,433), Mendham township ($381,677), and Morris township ($242,329). But it's more than 07950 ($181,180), 07869 ($211,569), 07932 ($180,399), 07935 ($146,956), 07936 ($186,957), 07981 ($185,797), 07961 ($-1), 07927 ($185,487), 07926 ($-1), Morris County ($181,402), Parsippany-Troy Hills township ($145,106), Hanover township ($190,282), Morristown town ($149,673), and Florham Park borough ($182,857).

07960$217,137
Florham Park borough$182,857
Parsippany-Troy Hills township$145,106
Morris township$242,329
Hanover township$190,282
Harding township$318,455
Morristown town$149,673
Chatham township$329,433
Mendham township$381,677
Morris County$181,402

07960 Per-Capita Income

The per-capita income for 07960 is $87,111. The per capita income ($87,111) for 07960 is less than the per capita income for 07920 ($102,757), 07970 ($102,042), 07924 ($104,907), 07945 ($114,131), 07976 ($118,646), Harding township ($125,144), Chatham township ($119,664), Mendham township ($129,179), and Morris township ($88,673). But it's more than 07950 ($71,205), 07932 ($72,962), 07935 ($59,864), 07936 ($68,909), 07940 ($80,878), 07981 ($77,400), 07961 ($8,662), 07927 ($68,105), 07926 ($35,718), 07869 ($74,728), Morris County ($69,226), Parsippany-Troy Hills township ($59,526), Hanover township ($75,032), Morristown town ($66,773), and Florham Park borough ($65,931).

07960$87,111
Florham Park borough$65,931
Parsippany-Troy Hills township$59,526
Morris township$88,673
Hanover township$75,032
Harding township$125,144
Morristown town$66,773
Chatham township$119,664
Mendham township$129,179
Morris County$69,226

07960 High Income Households

36.6% of households make over $200,000 a year. The percent high income households (36.6%) for 07960 is less than the percent high income households for 07940 (41.7%), 07924 (53.2%), 07945 (59.3%), 07869 (42.5%), 07920 (47.2%), 07970 (47.9%), 07927 (40.4%), Harding township (47.8%), Chatham township (53.0%), Mendham township (63.1%), and Morris township (48.8%). But it's more than 07950 (34.1%), 07976 (36.5%), 07932 (30.7%), 07935 (29.5%), 07936 (36.2%), 07981 (31.4%), 07961 (-1.0%), 07926 (0.0%), Morris County (31.2%), Parsippany-Troy Hills township (23.1%), Hanover township (35.7%), Morristown town (21.6%), and Florham Park borough (31.1%).

0796036.6%
Florham Park borough31.1%
Parsippany-Troy Hills township23.1%
Morris township48.8%
Hanover township35.7%
Harding township47.8%
Morristown town21.6%
Chatham township53.0%
Mendham township63.1%
Morris County31.2%

07960 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07960$93,864$149,286$182,242$123,636
Florham Park borough$-1$141,944$199,044$103,229
Parsippany-Troy Hills township$90,985$120,223$135,785$75,868
Morris township$-1$209,828$237,250$135,756
Hanover township$-1$177,125$182,730$103,730
Harding township$-1$-1$210,833$173,558
Morristown town$93,750$128,638$104,315$98,702
Chatham township$-1$201,136$250,001$110,921
Mendham township$-1$243,839$250,001$196,806
Morris County$90,975$148,209$166,659$87,105

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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 07960 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+
07960+/-$11,162+/-$14,440+/-$5,819+/-2.8%+/-$76,497+/-$14,467+/-$24,736+/-$15,654
Florham Park borough+/-$13,143+/-$16,853+/-$6,195+/-4.0%+/-$-1+/-$43,608+/-$35,729+/-$26,068
Parsippany-Troy Hills township+/-$5,651+/-$6,018+/-$2,188+/-2.0%+/-$5,246+/-$8,972+/-$13,974+/-$6,067
Morris township+/-$14,430+/-$20,892+/-$7,366+/-3.6%+/-$-1+/-$17,570+/-$28,064+/-$23,849
Hanover township+/-$15,096+/-$12,722+/-$5,664+/-5.4%+/-$-1+/-$17,477+/-$22,258+/-$2,732
Harding township+/-$61,984+/-$70,006+/-$24,729+/-9.0%+/-$-1+/-$-1+/-$76,447+/-$72,034
Morristown town+/-$11,388+/-$10,507+/-$5,846+/-3.1%+/-$73,891+/-$14,948+/-$8,041+/-$36,462
Chatham township+/-$39,521+/-$32,868+/-$13,431+/-5.7%+/-$-1+/-$89,622+/-$-1+/-$16,335
Mendham township+/-$-1+/-$61,307+/-$17,475+/-10.0%+/-$-1+/-$26,368+/-$-1+/-$91,940
Morris County+/-$2,240+/-$2,814+/-$1,093+/-0.8%+/-$5,495+/-$3,188+/-$4,039+/-$3,790