All Countries
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
Income Overview
Median Household Income
$134,583
79% above
US avg: $75,149
Per Capita Income
$50,430
29% above
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
2.3%
81% below
US avg: 12.4%
Income Comparison: Stanhope vs. U.S. Average
Each bar shows Stanhope’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$134,583
179%
Per Capita
US: $39,052
$50,430
129%
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
31% above US avg (28 min)
Work From Home
12.9%
15% below US avg (15.2%)
Drive Alone
75.2%
3% above US avg (73.2%)
Public Transit
1.8%
63% below US avg (5.0%)
County GDP
$74,395M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
75.2%
Public Transit
1.8%
Work From Home
12.9%
Other
10.1%
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
| Median Household Income | $134,583 |
| Per Capita Income | $50,430 |
| IRS Avg Adjusted Gross Income | $156,784 |
| Avg Weekly Wage | $1,946 |
| County GDP | $74,395M |
Hardship Indicators
| Unemployment Rate | 3.1% |
| Poverty Rate | 2.3% |
| Gini Coefficient | 0.461 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 36 minutes |
| Drive Alone | 75.2% |
| Public Transit | 1.8% |
| Work From Home | 12.9% |
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 |