Sign In Register

New Vernon, NJ

Full City Profile · New Jersey · Morris County County

3.0 /5.0
B Good
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 271 sunny days/yr
231 Violent Crime/100K 1,820 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
231 violent crimes/100K
A+
Education
5.0 / 5.0
75.0% bachelor's degree or higher

Income Overview

Per Capita Income
$108,632
178% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
12.5%
1% above
US avg: 12.4%

Income Comparison: New Vernon vs. U.S. Average

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

Per Capita
US: $39,052
$108,632
278%
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
36 min
32% above US avg (28 min)
Work From Home
14.6%
4% below US avg (15.2%)
Drive Alone
74.2%
1% above US avg (73.2%)
Public Transit
11.2%
123% above US avg (5.0%)
County GDP
$74,395M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 74.2%
Public Transit 11.2%
Work From Home 14.6%
Average commute time
36 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

Per Capita Income$108,632
IRS Avg Adjusted Gross Income$156,784
Avg Weekly Wage$1,946
County GDP$74,395M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate12.5%
Gini Coefficient0.461
Cost of Living Index108.8

Commute

Mean Commute36 minutes
Drive Alone74.2%
Public Transit11.2%
Work From Home14.6%

Businesses

Total Establishments18,002
Restaurants1,349
Healthcare1,822
Retail1,639
Manufacturing496

Tax

IRS Avg AGI$156,784
Avg Property Tax$13,570