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Florham Park, NJ

Full City Profile · New Jersey · Essex County County

4.0 /5.0
A Great
13,134 Population 1,797/sq mi density
$147,714 Median Income $65,931 per capita
$722,700 Home Value $1,009,491 Zillow
$3,009 Median Rent 29.3% income on rent
53°F Avg Temperature 271 sunny days/yr
9 Violent Crime/100K 963 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$147,714 median income, 2.9% unemployment
B+
Affordability
3.9 / 5.0
$722,700 home value, $3,009/mo rent
C
Safety
2.0 / 5.0
9 violent crimes/100K
A+
Education
5.0 / 5.0
66.3% bachelor's degree or higher

Income Overview

Median Household Income
$147,714
97% above
US avg: $75,149
Per Capita Income
$65,931
69% above
US avg: $39,052
Unemployment Rate
2.9%
19% below
US avg: 3.6%
Poverty Rate
3.3%
73% below
US avg: 12.4%

Income Comparison: Florham Park vs. U.S. Average

Each bar shows Florham Park’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$147,714
197%
Per Capita
US: $39,052
$65,931
169%
IRS Avg AGI
US: $72,000
$112,115
156%
Avg Weekly Wage
US: $1,432
$1,699
119%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,699
19% above US avg ($1,432)
Mean Commute Time
26 min
5% below US avg (28 min)
Work From Home
26.4%
74% above US avg (15.2%)
Drive Alone
57.5%
21% below US avg (73.2%)
Public Transit
5.3%
7% above US avg (5.0%)
County GDP
$76,180M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 57.5%
Public Transit 5.3%
Work From Home 26.4%
Other 10.8%
Average commute time
26 minutes
US avg: 28 min

Business Landscape

Total Establishments
23,692
Restaurants
1,759
Healthcare
2,593
Retail
2,565
Manufacturing
603

Tax & Financial

IRS Avg Adjusted Gross Income
$112,115
56% above US avg ($72,000)
Avg Property Tax
$16,276
365% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$147,714
Per Capita Income$65,931
IRS Avg Adjusted Gross Income$112,115
Avg Weekly Wage$1,699
County GDP$76,180M

Hardship Indicators

Unemployment Rate2.9%
Poverty Rate3.3%
Gini Coefficient0.549
Cost of Living Index108.8

Commute

Mean Commute26 minutes
Drive Alone57.5%
Public Transit5.3%
Work From Home26.4%

Businesses

Total Establishments23,692
Restaurants1,759
Healthcare2,593
Retail2,565
Manufacturing603

Tax

IRS Avg AGI$112,115
Avg Property Tax$16,276