What is the median household income in Long Valley, NJ?
The median household income in Long Valley, NJ is $133,229 (±$24,903) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,655 a month would take about $66,200 a year at the common guideline of spending no more than 30% of income on rent.
In Long Valley, the median household income went from $104,722 in 2015–2019 to $133,229 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
- $133,229 (±$24,903)
- Median renter income
- $53,235 (±$29,408)
- Income to afford median rent
- about $66,200
Income in Long Valley against Morris County, its state and the nation
| Long Valley | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $133,229 (±$24,903) | $137,326 (±$2,991) | $103,556 (±$513) | $80,734 |
| Median renter household income | $53,235 (±$29,408) | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median owner household income | $135,833 (±$14,670) | $165,144 (±$2,794) | $133,477 (±$624) | $100,009 |
| Median gross rent | $1,655 (±$450) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
In Long Valley, 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, Long Valley ranks 12 of 27 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 81 of 246.
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 Long Valley
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 $1,655 a month ($19,860 a year) needs an income of about $66,200 a year.
The median renting household in Long Valley earns $53,235 a year, less than that.
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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $104,722 (±$50,634) | $133,229 (±$24,903) | +27.2% | No measurable change after inflation |
| Median gross rent | $1,979 (±$1,283) | $1,655 (±$450) | −16.4% | No measurable change after inflation |
| Median home value | $394,200 (±$37,314) | $461,900 (±$24,856) | +17.2% | 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.
Median household income in places near Long Valley
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Long Valley | — | $133,229 (±$24,903) | — |
| Chester Borough | 4.6 mi | $171,500 (±$48,024) | Not measurably different |
| Chester Township | 4.7 mi | $241,856 (±$20,424) | Higher |
| Beattystown | 4.9 mi | $87,500 (±$27,065) | Lower |
| Califon Borough | 5.3 mi | $128,194 (±$24,523) | Not measurably different |
| Flanders | 5.5 mi | $147,367 (±$12,310) | Not measurably different |
| Hackettstown Town | 5.6 mi | $93,083 (±$16,732) | Lower |
| Mount Olive Township | 6.1 mi | $117,394 (±$14,409) | Not measurably different |
| Tewksbury Township | 6.2 mi | $192,576 (±$27,321) | Higher |
Nearby places with a measurably lower figure: Beattystown, NJ ($87,500), Hackettstown Town, NJ ($93,083).
Nearby places with a measurably higher figure: Chester Township, NJ ($241,856), Tewksbury Township, NJ ($192,576).
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
| Rank | Place | Median household income |
|---|---|---|
| 6 | Cedar Knolls | $170,400 (±$38,419) |
| 7 | Succasunna | $161,712 (±$12,529) |
| 8 | Whippany | $151,420 (±$12,542) |
| 9 | White Meadow Lake | $149,324 (±$11,270) |
| 10 | Flanders | $147,367 (±$12,310) |
| 11 | Ledgewood | $135,912 (±$21,137) |
| 12 | Long Valley | $133,229 (±$24,903) |
| 13 | Landing | $128,068 (±$14,846) |
| 14 | Pine Brook | $126,488 (±$26,048) |
| 15 | Oak Ridge | $121,875 (±$15,369) |
| 16 | Pompton Plains | $117,959 (±$9,640) |
| 17 | Lake Hopatcong | $117,625 (±$16,696) |
| 18 | Mount Tabor | $115,199 (±$20,626) |
Showing 13 of 27 places in Morris County, ranked from highest to lowest.
Long Valley is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Washington Township (Morris County), whose figures include it.
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 Long Valley
What is the median household income in Long Valley?
The median household income in Long Valley is $133,229 (±$24,903) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Long Valley?
About $66,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,655 a month.
Have incomes in Long Valley kept up with inflation?
In Long Valley, the median household income went from $104,722 in 2015–2019 to $133,229 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 Long Valley?
The median renting household in Long Valley, NJ earns $53,235 (±$29,408) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Long Valley CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Long Valley CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Long Valley CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Long Valley CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Long Valley CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Long Valley CDP, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Long Valley CDP, New Jersey (place:41400, in state:34).
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.
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 .
Related
- Housing in Long Valley at a glance
- Home values in Long Valley
- Homeowner costs in Long Valley
- Property taxes in Long Valley
- Types of homes in Long Valley
- Age of homes in Long Valley
- Heating fuel in Long Valley
- Commute and cars in Long Valley
- Population growth in Long Valley
- New Jersey landlord and tenant rules
- Housing across Morris County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey