Far Hills, NJ

New Jersey · Metropolitan Area

Far Hills is a small town in New Jersey with a population of 1,004. Residents earn $152,188 per year, which is 103% above the national average.

4.0 /5.0
A Great
1,004 Population 207/sq mi density
$152,188 Median Income $120,610 per capita
$798,900 Home Value $1,341,690 Zillow
$1,495 Median Rent
53°F Avg Temperature
A
Overall
4.0 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$152,188 median income, 3.2% unemployment
B+
Affordability
3.7 / 5.0
$798,900 home value, $1,495/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K (100% below avg)
A+
Education
5.0 / 5.0
59.2% bachelor's degree or higher
Median Income $152,188
103% higher than US avg
Home Value $798,900
183% higher than US avg
Violent Crime 0/100K
100% lower than US avg
Bachelor's+ 59.2%
76% higher than US avg
Median Rent $1,495
29% higher than US avg
Obesity Rate 27.0%
16% lower than US avg
Unemployment 3.2%
11% lower than US avg
Poverty Rate 2.1%
83% lower than US avg

How Far Hills Compares to the U.S. Average (100% = U.S. avg)

People

Population1,004
Median Age49.7 yrs
Density207/mi²
Male / Female47% / 53%
Largest GroupWhite 81%

Economy

A+
Median Income$152,188
Per Capita$120,610
Unemployment3.2%
Poverty2.1%
County GDP$54,494M
Commute33 min

Housing

B+
Home Value$798,900
Rent$1,495
OwnershipN/A
Zillow$1,341,690

Crime

C+
Violent0/100K
Property648/100K
Murder0.0/100K
Assault0/100K
Burglary0/100K

Health

Obesity27.0%
UninsuredN/A
Depression17.1%
Heart Disease4.1%

Climate

Avg Temp53°F
AQI39 (Good)
Rain45.5 in/yr
Elevation247 ft

Education

A+
Bachelor's+59.2%
High School+98.8%
School Score6.24

Community

2024 VoteR 42% / D 56%
Commute33 min
Libraries17

Is Far Hills a Good Place to Live?

Based on current data, Far Hills receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, low crime rates, a highly educated population. Areas to be aware of include high housing costs. Far Hills stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Far Hills is $152,188, which is significantly higher than the national average — 103% above $75,149. This places Far Hills among higher-income communities. Unemployment stands at 3.2%, indicating a healthy job market. Only 2.1% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 33 minutes.

Cost of Living & Housing

The median home value in Far Hills is $798,900, making it a premium housing market at 183% above the U.S. median of $281,900. Renters pay a median of $1,495 per month, significantly above the national average of $1,163. The price-to-income ratio of 5.2x means housing costs are stretched relative to local earnings.

Safety & Crime

Far Hills is a very safe community with a violent crime rate of 0 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 648 per 100,000, 67% below the national average.

Education

Far Hills is a highly educated community — 59.2% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 98.8% have completed high school. Local schools score 6.2/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Far Hills experiences four distinct seasons with an average temperature of 53°F. Winters average 30°F in January while summers reach 75°F in July. Annual precipitation totals 45.5 inches. Air quality is rated Good with a median AQI of 39.

Far Hills has a population of 1,004 with a density of 207 people per square mile. The median age is 49.7 years, 28% older than the national median of 38.9. The city is predominantly White (81.4%), with 1.5% Black.

Population

1,004
Total Population
207
People / sq mi
49.7yrs
Median Age
28% above US avg
4.9mi²
Land Area

Gender Distribution

Male 46.9%
Female 53.1%

Race & Ethnicity

Far Hills vs U.S. Average

Language Spoken at Home

English Only86.1%
10% above US avg
Spanish13.9%
4% above US avg

Social Characteristics

Far Hills vs U.S. Average

The median household income in Far Hills is $152,188, which is 103% above the national average of $75,149. The unemployment rate is 3.2% (below the 3.6% US average). 2.1% of residents live below the poverty line. Workers commute an average of 33 minutes.

Income: Far Hills vs U.S.

Commute Mode

Income

Median HH Income$152,188
103% above US avg
Per Capita Income$120,610
Avg Weekly Wage$2,046
IRS Avg AGI$152,534

Employment & Poverty

Unemployment3.2%
11% below US avg
Poverty Rate2.1%
83% below US avg
Establishments (County)10,950
County GDP$54,494M

Business (County)

Restaurants823
Healthcare1,266
Retail1,003
Manufacturing243

Tax & Cost of Living

Property Tax (IRS)$13,089
274% above US avg
Effective Tax Rate1.64%

Commute & Transportation

Commute Time32.7 min
Work from Home20.8%

Walkability

The median home value in Far Hills is $798,900, 183% above the national average. Monthly rent averages $1,495 (29% above US avg). Zillow estimates the typical home value at $1,341,690.

Home Value Sources

Ownership Split

Home Values

Census Median$798,900
183% above US avg
Zillow ZHVI$1,341,690
Median List Price$1,066,539

Real Estate Market (Redfin)

Median List Price$1,066,539
$/Sq Ft$389
Homes Sold1
Sale-to-List Ratio98.9%
Price Drops0.0%
Inventory3

Rental Costs

Census Median Rent$1,495
29% above US avg

HUD Fair Market Rent

Studio$1,599
1 Bedroom$1,759
2 Bedrooms$2,132
3 Bedrooms$2,658
4 Bedrooms$3,005

Ownership & Property

Owner-Occupied82.7%

Property Tax

Avg Tax (IRS)$13,089
274% above US avg
Effective Rate1.64%
In Far Hills, 27.0% of adults are obese (below the 32.1% national rate). 17.1% report depression. 17.8% are physically inactive.

Health Metrics: Far Hills vs U.S. Average (%)

Chronic Conditions

Obesity27.0%
16% below US avg
Diabetes7.4%
Heart Disease4.1%
High Blood Pressure25.9%
Asthma8.5%
COPD3.7%
Stroke2.1%

Behaviors & Mental Health

Binge Drinking16.8%
Physical Inactivity17.8%
Depression17.1%
Mental Distress14.6%
Physical Distress9.8%

Healthcare Access

Insurance Rate93.7%
Checkup Rate76.2%
Premature Death4,545/100K

Food & Exercise

Food Environment9.6/10
Exercise Access92.1%
Healthcare Facilities1,266
Far Hills has a violent crime rate of 0 per 100,000 residents, 100% below the national average of 380. Property crime stands at 648 per 100,000 (67% below US avg). The murder rate is 0.0 per 100,000.

Crime Rates: Far Hills vs U.S. Average (per 100,000)

Violent Crime

Total Violent0.0/100K
100% below US avg
Murder0.0/100K
100% below US avg
Rape0.0/100K
Robbery0.0/100K
Assault0.0/100K

Property Crime

Total Property648.0/100K
67% below US avg
Burglary0.0/100K
Theft648.0/100K
Vehicle Theft0.0/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)17

Safety Score

Safety GradeC+
Safety Score2.5 / 5.0
Far Hills has an average annual temperature of 53°F (11°C). Winters average 30°F in January while summers reach 75°F in July. Annual precipitation is 45.5 inches. Air quality is rated Good with a median AQI of 39.

Temperature

30°F Jan (-1°C) 75°F Jul (24°C)
Annual Average52.5°F
3% below US avg
January Average30°F (-1°C)
July Average75°F (24°C)

Precipitation & Snow

Annual Rainfall45.5 inches
20% above US avg

Air Quality

AQI Median39.0
RatingGood

Geography

Elevation247 ft (75 m)
Area4.9 sq mi (12.6 km²)
Population Density207/sq mi
Coordinates40.6909°N, 74.6215°W
County FIPS34035
It is classified as Metro — 1 million+. 59.2% of residents hold a bachelor's degree or higher (76% above US avg). In the 2024 election, the county voted Democrat by a 13.9-point margin.

2024 Presidential Election (County)

R 41.8%
D 55.7%

Winner: Democrat by 13.9 points

Education

Bachelor's Degree+59.2%
76% above US avg
High School+98.8%
School Test Score6.24
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density207/sq mi
Total Area4.9 sq mi

Infrastructure & Services

Public Libraries17
Healthcare Facilities1,266
Restaurants823
Retail Stores1,003

Safety & Disasters

Fatal Crashes (County/yr)17
C+ Safety Grade (2.5/5.0)

Commute & Transportation

Avg Commute32.7 min
Work from Home20.8%

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