What is the median household income in Mendham Township, NJ?
The median household income in Mendham Township, NJ is $250,000 or more a year (2020–2024 American Community Survey).
Figures last updated on .
- Median household income
- $250,000 or more
- Median renter income
- $250,000 or more
Income in Mendham Township against Morris County, its state and the nation
| Mendham Township | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $250,000 or more | $137,326 (±$2,991) | $103,556 (±$513) | $80,734 |
| Median renter household income | $250,000 or more | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median owner household income | $250,000 or more | $165,144 (±$2,794) | $133,477 (±$624) | $100,009 |
| Median gross rent | $3,500 or more | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $847,400 (±$54,924) | $1,070,400 (±$114,946) | +26.3% | 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 Mendham Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Mendham Township | — | $250,000 or more | — |
| Mendham Borough | 2.8 mi | $211,944 (±$53,353) | — |
| Randolph Township | 2.8 mi | $175,000 (±$16,573) | — |
| Morris Township | 4.0 mi | $204,951 (±$15,341) | — |
| Morristown Town | 4.9 mi | $121,340 (±$14,435) | — |
| Bernardsville Borough | 5.0 mi | $236,115 (±$32,313) | — |
| Victory Gardens Borough | 5.4 mi | $62,550 (±$22,564) | — |
| Mine Hill Township | 5.6 mi | $119,583 (±$16,169) | — |
| Morris Plains Borough | 5.6 mi | $154,923 (±$17,133) | — |
None of the nearby places differs measurably from this one on this figure.
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 |
|---|---|---|
| 1 (tie) | Mendham Township | $250,000 or more |
| 1 (tie) | Mountain Lakes Borough | $250,000 or more |
| 3 | Chester Township | $241,856 (±$20,424) |
| 4 | Chatham Borough | $241,500 (±$23,775) |
| 5 | Harding Township | $222,429 (±$54,836) |
| 6 | Mendham Borough | $211,944 (±$53,353) |
| 7 | Morris Township | $204,951 (±$15,341) |
Showing 7 of 39 places in Morris County, ranked from highest to lowest.
The figures for Mendham Township include the places inside it that have pages of their own: Brookside.
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 Mendham Township
What is the median household income in Mendham Township?
The median household income in Mendham Township is $250,000 or more a year (2020–2024 American Community Survey).
What do renters earn in Mendham Township?
The median renting household in Mendham Township, NJ earns $250,000 or more a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Mendham township, Morris County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Mendham township, Morris County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mendham township, Morris County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Mendham township, Morris County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mendham township, Morris County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Mendham township, Morris County, 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 Mendham township, Morris County, New Jersey (county subdivision:45360, 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.
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 Mendham Township at a glance
- Home values in Mendham Township
- Homeowner costs in Mendham Township
- Property taxes in Mendham Township
- Types of homes in Mendham Township
- Age of homes in Mendham Township
- Heating fuel in Mendham Township
- Commute and cars in Mendham Township
- Crime reported to police in Mendham Township
- Population growth in Mendham Township
- How long people stay in Mendham Township
- 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