Stanhope, NJ

Full City Profile · New Jersey · Morris County County

3.7 /5.0
B+ Good
3,551 Population 1,930/sq mi density
$134,583 Median Income $50,430 per capita
$326,000 Home Value $450,493 Zillow
$1,796 Median Rent 32.5% income on rent
51°F Avg Temperature
83 Violent Crime/100K 111 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$134,583 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$326,000 home value, $1,796/mo rent
F
Safety
1.0 / 5.0
83 violent crimes/100K
A
Education
4.1 / 5.0
39.1% bachelor's degree or higher

Stanhope, NJ

At a Glance

Median Income
$134,583
79% above
$50,430 per capita
Home Value
$326,000
16% above
Zillow: $450,493
Median Rent
$1,796/mo
54% above
32.5% of income on rent
Violent Crime
83/100K
78% below
111/100K property
Bachelor's Degree+
39.1%
16% above
93.4% high school+
Unemployment
4.1%
14% above
2.3% poverty rate
Obesity Rate
25.7%
20% below
10.6% smoking rate
Avg Temperature
51°F

How Stanhope Compares to the U.S. Average

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

Income
179%
Home Value
116%
Rent
154%
Poverty
19%
Bachelor's
116%
Unemployment
114%
Crime
22%
Thin vertical line = U.S. national average (100%)

Is Stanhope a Good Place to Live?

B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Stanhope residents earn a median household income of $134,583 , which is 79% above the national average of $75,149. Per capita income is $50,430. The unemployment rate stands at 4.1% (14% above the U.S. rate of 3.6%). 2.3% 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 Stanhope is $326,000 , 16% above the national median of $281,900. Zillow estimates the typical home at $450,493. Median rent is $1,796/month, with 32.5% 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 1970.

Safety & Crime

Stanhope reports 83 violent crimes per 100,000 residents , which is 78% below the national average of 380/100K. Property crime is 111/100K.

Education

39.1% of adults in Stanhope hold a bachelor's degree or higher (16% above the national average). 93.4% have completed high school. Local schools score 7.5/10 in standardized testing.

Climate & Weather

Stanhope 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.

Data Overview

People

Population3,551
Median Age40.6 yrs
Density1,930/mi²
Male / Female51% / 49%
Foreign Born8.3%
Veterans5.0%

Economy

A+
Median Income$134,583
Per Capita$50,430
Unemployment4.1%
Poverty2.3%
County GDP$74,395M
Avg Weekly Wage$1,946

Housing

A+
Home Value$326,000
Rent$1,796
Ownership84.7%
Zillow$450,493
Housing Units1,266
Rent Burden32.5%

Crime

F
Violent83/100K
Property111/100K

Health

Obesity25.7%
Diabetes7.2%
Smoking10.6%
Heart Disease4.4%
Premature Death4,240/100K

Climate

Avg Temp51°F
Rain48.8 in/yr
AQI37 (Good)
Elevation1,004 ft

Education

A
Bachelor's+39.1%
High School+93.4%
Graduate+9.5%
School Score7.5/10

Community

2024 VoteR 50% / D 48%
Commute36 min
Broadband98.3%
Internet Speed105 Mbps
EV Stations2
Libraries37

Did You Know?

Stanhope was founded in 1904.
The median home in Stanhope was built in 1970.
The nearest airport is Central Jersey Regional (27 miles).
The Gini coefficient (income inequality) is 0.461 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
9.4% of the population has a disability.
Average internet download speed is 105 Mbps.
There are 1,349 restaurants in the area.
The county recorded 19 fatal vehicle crashes.