What is the median household income in Lincoln Park Borough, NJ?

The median household income in Lincoln Park Borough, NJ is $123,397 (±$15,269) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,857 a month would take about $74,300 a year at the common guideline of spending no more than 30% of income on rent.

In Lincoln Park Borough, the median household income went from $97,003 in 2015–2019 to $123,397 in 2020–2024 (+27.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median household income
$123,397 (±$15,269)
Median renter income
$97,438 (±$27,770)
Income to afford median rent
about $74,300

Income in Lincoln Park Borough against Morris County, its state and the nation

Income, estimate (90% margin of error)
Lincoln Park BoroughMorris CountyNew JerseyUnited States
Median household income$123,397 (±$15,269)$137,326 (±$2,991)$103,556 (±$513)$80,734
Median renter household income$97,438 (±$27,770)$79,949 (±$4,109)$62,674 (±$718)$52,966
Median owner household income$130,516 (±$20,645)$165,144 (±$2,794)$133,477 (±$624)$100,009
Median gross rent$1,857 (±$107)$1,904 (±$30)$1,720 (±$7)$1,413

In Lincoln Park Borough, median household income is not measurably different from Morris County ($137,326).

It is also higher than in New Jersey ($103,556).

It is higher than the national figure ($80,734).

In Morris County, Lincoln Park Borough ranks 24 of 39 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 216 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How much you need to earn to rent in Lincoln Park Borough

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $1,857 a month ($22,284 a year) needs an income of about $74,300 a year.

The median renting household in Lincoln Park Borough earns $97,438 a year.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$97,003 (±$8,878)$123,397 (±$15,269)+27.2%No measurable change after inflation
Median gross rent$1,643 (±$99)$1,857 (±$107)+13.0%No measurable change after inflation
Median home value$330,900 (±$10,615)$443,300 (±$21,272)+34.0%Up 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.

Median household income in places near Lincoln Park Borough

Nearest places with a published estimate, compared with Lincoln Park Borough
PlaceDistanceMedian household incomeCompared with this place
Lincoln Park Borough—$123,397 (±$15,269)—
Towaco2.0 mi$205,636 (±$67,452)Higher
Pequannock Township2.7 mi$120,666 (±$6,642)Not measurably different
Packanack Lake2.7 mi$213,103 (±$36,253)Higher
Fairfield Township (Essex County)2.8 mi$115,980 (±$14,772)Not measurably different
Montville Township3.0 mi$169,083 (±$22,872)Higher
Pompton Plains3.0 mi$117,959 (±$9,640)Not measurably different
Wayne Township3.4 mi$153,056 (±$8,248)Higher
Singac4.2 mi$104,519 (±$45,043)Not measurably different

Nearby places with a measurably higher figure: Towaco, NJ ($205,636), Packanack Lake, NJ ($213,103), Montville Township, NJ ($169,083).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Morris County, place by place

RankPlaceMedian household income
18Florham Park Borough$158,696 (±$18,650)
19Hanover Township$156,956 (±$11,111)
20Morris Plains Borough$154,923 (±$17,133)
21East Hanover Township$149,583 (±$17,373)
22Rockaway Township$141,868 (±$4,783)
23Roxbury Township$134,519 (±$10,189)
24Lincoln Park Borough$123,397 (±$15,269)
25Morristown Town$121,340 (±$14,435)
26Pequannock Township$120,666 (±$6,642)
27Jefferson Township$119,836 (±$12,888)
28Mine Hill Township$119,583 (±$16,169)
29Mount Olive Township$117,394 (±$14,409)
30Boonton Town$114,302 (±$23,372)

Showing 13 of 39 places in Morris County, ranked from highest to lowest.

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

Margins of error are at the 90% confidence level.

What you can do on Seayora in Lincoln Park Borough

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Questions about Lincoln Park Borough

What is the median household income in Lincoln Park Borough?

The median household income in Lincoln Park Borough is $123,397 (±$15,269) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Lincoln Park Borough?

About $74,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,857 a month.

Have incomes in Lincoln Park Borough kept up with inflation?

In Lincoln Park Borough, the median household income went from $97,003 in 2015–2019 to $123,397 in 2020–2024 (+27.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

What do renters earn in Lincoln Park Borough?

The median renting household in Lincoln Park Borough, NJ earns $97,438 (±$27,770) a year.

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) and detailed tables (acs/acs5) for Lincoln Park borough, Morris County, New Jersey (county subdivision:40290, 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 B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

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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