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 Rate | 0.0% |
| Poverty Rate | 12.5% |
| Gini Coefficient | 0.461 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 36 minutes |
| Drive Alone | 74.2% |
| Public Transit | 11.2% |
| Work From Home | 14.6% |
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 |
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