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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 $431,199 Zillow
$1,796 Median Rent 32.5% income on rent
53°F Avg Temperature 275 sunny days/yr
30 Violent Crime/100K 823 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$134,583 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$326,000 home value, $1,796/mo rent
F
Safety
1.0 / 5.0
30 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: $431,199
Median Rent
$1,796/mo
54% above
32.5% of income on rent
Violent Crime
30/100K
92% below
823/100K property
Bachelor's Degree+
39.1%
16% above
93.4% high school+
Unemployment
3.1%
14% below
2.3% poverty rate
Obesity Rate
25.7%
20% below
10.6% smoking rate
Avg Temperature
53°F
275 sunny days/yr

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
86%
Crime
8%
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 3.1% (14% below 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 $431,199. 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 30 violent crimes per 100,000 residents , which is 92% below the national average of 380/100K. Property crime is 823/100K. The murder rate is 0.0/100K.

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 53°F (11°C). Winters average 30°F in January while summers reach 75°F in July. The area gets 275 sunny days per year. Annual precipitation totals 45.5 inches. Air quality is rated Good with a median AQI of 39.

Data Overview

People

Population3,551
Median Age40.6 yrs
Density1,930/mi²
Male / Female51% / 49%
Foreign Born13.6%
Veterans5.0%

Economy

A+
Median Income$134,583
Per Capita$50,430
Unemployment3.1%
Poverty2.3%
County GDP$74,395M
Avg Weekly Wage$1,946

Housing

A+
Home Value$326,000
Rent$1,796
Ownership84.7%
Zillow$431,199
Housing Units1,266
Rent Burden32.5%

Crime

F
Violent30/100K
Property823/100K
Murder0.0/100K
Assault0/100K
Burglary213/100K

Health

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

Climate

Avg Temp53°F
Sunny Days275/yr
Rain45.5 in/yr
AQI39 (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?

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.
8.3% of the population has a disability.
13.6% 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.