All Countries
Mount Hope, NJ
Full City Profile · New Jersey · Morris County County
3.7
/5.0
B+
Good
3,082
Population
1,401/sq mi density
$87,927
Median Income
$64,619 per capita
$387,800
Home Value
$484,472 Zillow
$1,745
Median Rent
28.1% income on rent
53°F
Avg Temperature
275 sunny days/yr
90
Violent Crime/100K
1,778 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$87,927 median income, 2.8% unemployment
A
Affordability
4.2 / 5.0
$387,800 home value, $1,745/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
A+
Education
5.0 / 5.0
55.8% bachelor's degree or higher
Income Overview
Median Household Income
$87,927
17% above
US avg: $75,149
Per Capita Income
$64,619
65% above
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
2.1%
83% below
US avg: 12.4%
Income Comparison: Mount Hope vs. U.S. Average
Each bar shows Mount Hope’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$87,927
117%
Per Capita
US: $39,052
$64,619
165%
IRS Avg AGI
US: $72,000
$156,784
218%
Avg Weekly Wage
US: $1,432
$1,946
136%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,946
36% above US avg ($1,432)
Mean Commute Time
25 min
10% below US avg (28 min)
Work From Home
28.1%
85% above US avg (15.2%)
Drive Alone
62.9%
14% below US avg (73.2%)
Public Transit
2.6%
49% below US avg (5.0%)
County GDP
$74,395M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
62.9%
Public Transit
2.6%
Work From Home
28.1%
Other
6.4%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
18,002
Restaurants
1,349
Healthcare
1,822
Retail
1,639
Manufacturing
496
Tax & Financial
IRS Avg Adjusted Gross Income
$156,784
118% above US avg ($72,000)
Avg Property Tax
$13,570
288% 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 | $87,927 |
| Per Capita Income | $64,619 |
| IRS Avg Adjusted Gross Income | $156,784 |
| Avg Weekly Wage | $1,946 |
| County GDP | $74,395M |
Hardship Indicators
| Unemployment Rate | 2.8% |
| Poverty Rate | 2.1% |
| Gini Coefficient | 0.461 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 62.9% |
| Public Transit | 2.6% |
| Work From Home | 28.1% |
Businesses
| Total Establishments | 18,002 |
| Restaurants | 1,349 |
| Healthcare | 1,822 |
| Retail | 1,639 |
| Manufacturing | 496 |
Tax
| IRS Avg AGI | $156,784 |
| Avg Property Tax | $13,570 |