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Wharton, NJ

Full City Profile · New Jersey · Morris County County

3.3 /5.0
B Good
7,254 Population 3,488/sq mi density
$92,548 Median Income $47,966 per capita
$348,100 Home Value $484,472 Zillow
$1,886 Median Rent 29.9% income on rent
53°F Avg Temperature 275 sunny days/yr
156 Violent Crime/100K 888 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$92,548 median income, 2.4% unemployment
A+
Affordability
4.6 / 5.0
$348,100 home value, $1,886/mo rent
F
Safety
1.0 / 5.0
156 violent crimes/100K
B
Education
3.3 / 5.0
29.3% bachelor's degree or higher

Income Overview

Median Household Income
$92,548
23% above
US avg: $75,149
Per Capita Income
$47,966
23% above
US avg: $39,052
Unemployment Rate
2.4%
33% below
US avg: 3.6%
Poverty Rate
17.5%
41% above
US avg: 12.4%

Income Comparison: Wharton vs. U.S. Average

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

Median Household
US: $75,149
$92,548
123%
Per Capita
US: $39,052
$47,966
123%
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
31 min
11% above US avg (28 min)
Work From Home
8.1%
47% below US avg (15.2%)
Drive Alone
74.4%
2% above US avg (73.2%)
Public Transit
1.6%
68% below US avg (5.0%)
County GDP
$74,395M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 74.4%
Public Transit 1.6%
Work From Home 8.1%
Other 15.9%
Average commute time
31 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$92,548
Per Capita Income$47,966
IRS Avg Adjusted Gross Income$156,784
Avg Weekly Wage$1,946
County GDP$74,395M

Hardship Indicators

Unemployment Rate2.4%
Poverty Rate17.5%
Gini Coefficient0.461
Cost of Living Index108.8

Commute

Mean Commute31 minutes
Drive Alone74.4%
Public Transit1.6%
Work From Home8.1%

Businesses

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

Tax

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