Is Florham Park Borough, NJ growing?

Florham Park Borough, NJ had an estimated 13,564 (±42) residents in 2020–2024, against 11,623 in 2015–2019.

That is a change of +16.7%, a measurable increase.

Its housing went from 4,285 to 5,058 homes (+18.0%), a measurable increase.

7.0% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
13,564 (±42)
Amount of change
+16.7%
Homes change
+18.0%
Built 2020 or later
7.0%

Residents and homes in Florham Park Borough, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents11,623 (±22)13,564 (±42)+16.7%Measurable increase
Housing units4,285 (±226)5,058 (±297)+18.0%Measurable increase
Households that rent31.4% (±4.2 points)30.2% (±5.0 points)−1.2 percentage pointsNot a measurable change
Median gross rent$2,441 (±$190)$3,109 (±$364)+27.4%No measurable change after inflation
Median home value$645,800 (±$30,363)$791,400 (±$41,114)+22.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Florham Park Borough against Morris County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Florham Park Borough+16.7%Measurable increase+18.0%
Morris County+4.3%Measurable increase+3.2%
New Jersey+5.2%Measurable increase+4.8%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Florham Park Borough

Housing units by year built, 2020–2024
Year builtFlorham Park BoroughMorris CountyNew JerseyUnited States
2020 or later7.0% (±1.8 points)0.9%1.1%2.0%
2010 to 201920.2% (±5.1 points)5.2%6.2%9.4%
2000 to 20095.9% (±2.4 points)7.5%9.2%13.6%

27.2% of the homes in Florham Park Borough were built in 2010 or later.

The median age of residents is 40.9 years.

Growth in places near Florham Park Borough

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Florham Park Borough—13,564+16.7%Measurable increase
Madison Borough1.7 mi16,447+0.4%Measurable increase
Chatham Borough2.5 mi9,407+6.7%Measurable increase
East Hanover Township3.3 mi11,152+0.7%Measurable increase
Livingston Township3.5 mi31,488+5.5%Measurable increase
Hanover Township3.5 mi14,769+2.6%Measurable increase
Chatham Township4.3 mi11,102+7.8%Measurable increase
Short Hills4.3 mi14,923+11.1%Measurable increase
Summit4.5 mi22,705+3.6%Measurable increase

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Florham Park Borough

Is Florham Park Borough growing?

Florham Park Borough, NJ had an estimated 13,564 residents in 2020–2024 and 11,623 in 2015–2019, a change of +16.7%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Florham Park Borough?

The estimated number of housing units went from 4,285 in 2015–2019 to 5,058 in 2020–2024 (+18.0%), a measurable increase.

How much new construction is there in Florham Park Borough?

7.0% of homes in Florham Park Borough were built in 2020 or later and 20.2% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Florham Park borough, Morris County, New Jersey (county subdivision:23910, in state:34 county:027).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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