Lower Berkshire Valley, NJ
Full City Profile · New Jersey · Morris County County
Lower Berkshire Valley, NJ
At a Glance
How Lower Berkshire Valley Compares to the U.S. Average
Each bar shows Lower Berkshire Valley's value as a percentage of the national average (100% = U.S. avg)
Is Lower Berkshire Valley a Good Place to Live?
Economy & Jobs
Lower Berkshire Valley residents earn a median household income of $99,957 , which is 33% above the national average of $75,149. Per capita income is $61,394. The unemployment rate stands at 5.7% (58% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 18,002 business establishments, including 1,349 restaurants.
Housing & Cost of Living
The median home value in Lower Berkshire Valley is $392,000 , 39% above the national median of $281,900. Zillow estimates the typical home at $484,472. The cost of living index is 108.8 (100 = national average). The median home was built in 1966.
Education
45.6% of adults in Lower Berkshire Valley hold a bachelor's degree or higher (35% above the national average). 98.1% have completed high school. Local schools score 7.5/10 in standardized testing.
Climate & Weather
Lower Berkshire Valley has an average annual temperature of 51°F (10°C). Winters average 27°F in January while summers reach 73°F in July. Annual precipitation totals 48.8 inches. Air quality is rated Good with a median AQI of 37.