Whippany, NJ
Full City Profile · New Jersey · Morris County County
3.8
/5.0
B+
Good
8,862
Population
1,580/sq mi density
$153,725
Median Income
$77,553 per capita
$612,500
Home Value
$1,009,491 Zillow
$2,619
Median Rent
35.0% income on rent
52°F
Avg Temperature
275 sunny days/yr
17
Violent Crime/100K
860 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$153,725 median income, 2.7% unemployment
A
Affordability
4.4 / 5.0
$612,500 home value, $2,619/mo rent
F
Safety
1.0 / 5.0
17 violent crimes/100K
A+
Education
5.0 / 5.0
55.2% bachelor's degree or higher
Housing Overview
Median Home Value
$612,500
117% above
US avg: $281,900
Median Rent
$2,619/mo
125% above
US avg: $1,163/mo
Homeownership Rate
88.8%
36% above US avg (65.4%)
Total Housing Units
3,771
Median year built: 1975
Home Value by Source
Census Median
$612,500
Zillow (ZHVI)
$1,009,491
Median Sale Price
$650,000
Median List Price
$775,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.8%
Owner-Occupied
11.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$2,619/mo
Market Indicators (Redfin)
Median Days on Market
10 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$475
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
35.0%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
88.8%
Complete Housing Data
Home Values
| Census Median Value | $612,500 |
| Zillow Home Value (ZHVI) | $1,009,491 |
| Median Sale Price | $650,000 |
| Median List Price | $775,000 |
| Price Per Sq Ft | $475 |
Rent
| Census Median Rent | $2,619 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 10 |
| Sale-to-List Ratio | 1.1% |
| Price Drops | 0.0% |
| Homes Sold | 3 |
| Active Inventory | 5 |
| Price Per Sq Ft | $475 |
Ownership & Stock
| Owner-Occupied | 88.8% |
| Renter-Occupied | 11.2% |
| Homeownership Rate | 88.8% |
| Total Housing Units | 3,771 |
| Median Year Built | 1975 |
| Rent Burden | 35.0% |
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