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08551 Income Statistics

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Comparison to Surrounding Areas

08551 Median Household Income

The median household income ($148,513) for 08551 is less than the median household income for 08525 ($150,278), 08559 ($165,354), 08844 ($153,091), Raritan township ($155,925), and Delaware township ($166,863). But it's more than 08822 ($136,851), 08530 ($120,112), Hunterdon County ($133,534), West Amwell township ($128,380), and East Amwell township ($119,455).

08551$148,513
Raritan township$155,925
West Amwell township$128,380
Delaware township$166,863
East Amwell township$119,455
Hunterdon County$133,534

08551 Average Household Income

The average household income ($183,822) for 08551 is less than the average household income for 08822 ($184,019), 08559 ($238,777), 08844 ($190,494), Raritan township ($199,089), and Delaware township ($258,355). But it's more than 08525 ($179,311), 08530 ($179,345), Hunterdon County ($176,392), West Amwell township ($175,781), and East Amwell township ($146,105).

08551$183,822
Raritan township$199,089
West Amwell township$175,781
Delaware township$258,355
East Amwell township$146,105
Hunterdon County$176,392

08551 Per-Capita Income

The per-capita income for 08551 is $66,245. The per capita income ($66,245) for 08551 is less than the per capita income for 08530 ($74,599), 08525 ($76,595), 08822 ($69,253), 08559 ($95,581), 08844 ($69,468), Hunterdon County ($68,112), Raritan township ($74,025), West Amwell township ($70,998), and Delaware township ($92,920). But it's more than East Amwell township ($65,664).

08551$66,245
Raritan township$74,025
West Amwell township$70,998
Delaware township$92,920
East Amwell township$65,664
Hunterdon County$68,112

08551 High Income Households

36.5% of households make over $200,000 a year. The percent high income households (36.5%) for 08551 is more than 08530 (28.5%), 08525 (35.5%), 08822 (32.9%), 08559 (28.1%), 08844 (37.2%), Hunterdon County (29.4%), Raritan township (37.7%), West Amwell township (32.7%), Delaware township (31.2%), and East Amwell township (27.1%).

0855136.5%
Raritan township37.7%
West Amwell township32.7%
Delaware township31.2%
East Amwell township27.1%
Hunterdon County29.4%

08551 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
08551$-1$143,393$162,286$91,435
Raritan township$-1$174,321$191,125$84,529
West Amwell township$-1$127,778$186,875$81,912
Delaware township$-1$200,306$180,817$135,513
East Amwell township$-1$112,917$149,925$86,694
Hunterdon County$72,260$142,808$165,515$86,781

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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 08551 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+
08551+/-$12,900+/-$19,464+/-$9,556+/-7.0%+/-$-1+/-$48,341+/-$67,878+/-$15,834
Raritan township+/-$12,025+/-$12,362+/-$4,981+/-3.6%+/-$-1+/-$19,852+/-$23,410+/-$16,251
West Amwell township+/-$19,891+/-$21,979+/-$9,244+/-6.2%+/-$-1+/-$41,972+/-$56,948+/-$9,359
Delaware township+/-$33,302+/-$65,816+/-$18,258+/-9.4%+/-$-1+/-$50,932+/-$39,802+/-$36,323
East Amwell township+/-$13,861+/-$15,610+/-$7,024+/-8.0%+/-$-1+/-$44,458+/-$69,973+/-$9,574
Hunterdon County+/-$3,236+/-$5,610+/-$2,067+/-1.5%+/-$43,031+/-$10,473+/-$7,070+/-$3,709