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 Rate | 2.9% |
| Poverty Rate | 3.3% |
| Gini Coefficient | 0.549 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 57.5% |
| Public Transit | 5.3% |
| Work From Home | 26.4% |
Businesses
| Total Establishments | 23,692 |
| Restaurants | 1,759 |
| Healthcare | 2,593 |
| Retail | 2,565 |
| Manufacturing | 603 |
Tax
| IRS Avg AGI | $112,115 |
| Avg Property Tax | $16,276 |
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