New Vernon, NJ

Full City Profile · New Jersey · Morris County County

5.0 /5.0
A+ Excellent
791 Population 223/sq mi density
$1,606,500 Home Value $862,203 Zillow
$3,205 Median Rent 51.0% income on rent
53°F Avg Temperature
A+
Overall
5.0 / 5.0
Strong
A+
Education
5.0 / 5.0
75.0% bachelor's degree or higher

New Vernon, NJ

At a Glance

Home Value
$1,606,500
470% above
Zillow: $862,203
Median Rent
$3,205/mo
176% above
51.0% of income on rent
Bachelor's Degree+
75.0%
123% above
100.0% high school+
Unemployment
0.0%
100% below
12.5% poverty rate
Obesity Rate
21.9%
32% below
8.0% smoking rate
Avg Temperature
53°F

How New Vernon Compares to the U.S. Average

Each bar shows New Vernon's value as a percentage of the national average (100% = U.S. avg)

Home Value
570%
Rent
276%
Poverty
101%
Bachelor's
223%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is New Vernon a Good Place to Live?

A+
5.0 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Housing & Cost of Living

The median home value in New Vernon is $1,606,500 , 470% above the national median of $281,900. Zillow estimates the typical home at $862,203. Median rent is $3,205/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1948.

Education

75.0% of adults in New Vernon hold a bachelor's degree or higher (123% above the national average). 100.0% have completed high school. Local schools score 7.5/10 in standardized testing.

Climate & Weather

New Vernon has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 76°F in July. Annual precipitation totals 50.4 inches. Air quality is rated Good with a median AQI of 37.

Data Overview

People

Population791
Median Age50.2 yrs
Density223/mi²
Male / Female40% / 60%
Foreign Born12.6%
Veterans0.0%

Economy

Median Income
Per Capita$108,632
Unemployment0.0%
Poverty12.5%
County GDP$74,395M
Avg Weekly Wage$1,946

Housing

Home Value$1,606,500
Rent$3,205
Ownership59.7%
Zillow$862,203
Housing Units355
Rent Burden51.0%

Health

Obesity21.9%
Diabetes6.3%
Smoking8.0%
Heart Disease4.0%
Premature Death4,240/100K

Climate

Avg Temp53°F
Rain50.4 in/yr
AQI37 (Good)
Elevation381 ft

Education

A+
Bachelor's+75.0%
High School+100.0%
Graduate+24.5%
School Score7.5/10

Community

2024 VoteR 50% / D 48%
Commute36 min
Broadband89.4%
Internet Speed105 Mbps
EV Stations19
Libraries37

Did You Know?

The median home in New Vernon was built in 1948.
11.1% of residents use public transit to commute.
The nearest airport is Central Jersey Regional (16 miles).
The Gini coefficient (income inequality) is 0.461 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
10.5% of the population has a disability.
12.6% of residents are foreign-born.
Average internet download speed is 105 Mbps.
There are 1,349 restaurants in the area.
The county recorded 19 fatal vehicle crashes.