What is the median household income in Rockaway Borough, NJ?

The median household income in Rockaway Borough, NJ is $107,053 (±$19,238) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,587 a month would take about $63,500 a year at the common guideline of spending no more than 30% of income on rent.

In Rockaway Borough, the median household income went from $96,602 in 2015–2019 to $107,053 in 2020–2024 (+10.8%).

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
$107,053 (±$19,238)
Median renter income
$51,573 (±$37,453)
Income to afford median rent
about $63,500

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

Income, estimate (90% margin of error)
Rockaway BoroughMorris CountyNew JerseyUnited States
Median household income$107,053 (±$19,238)$137,326 (±$2,991)$103,556 (±$513)$80,734
Median renter household income$51,573 (±$37,453)$79,949 (±$4,109)$62,674 (±$718)$52,966
Median owner household income$164,728 (±$16,866)$165,144 (±$2,794)$133,477 (±$624)$100,009
Median gross rent$1,587 (±$335)$1,904 (±$30)$1,720 (±$7)$1,413

In Rockaway Borough, median household income is lower than in Morris County ($137,326).

It is not measurably different from New Jersey ($103,556).

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

In Morris County, Rockaway Borough ranks 33 of 39 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 306 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 Rockaway 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 $1,587 a month ($19,044 a year) needs an income of about $63,500 a year.

The median renting household in Rockaway Borough earns $51,573 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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$96,602 (±$15,901)$107,053 (±$19,238)+10.8%No measurable change after inflation
Median gross rent$1,367 (±$67)$1,587 (±$335)+16.1%No measurable change after inflation
Median home value$344,800 (±$17,759)$448,100 (±$27,438)+30.0%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 Rockaway Borough

Nearest places with a published estimate, compared with Rockaway Borough
PlaceDistanceMedian household incomeCompared with this place
Rockaway Borough—$107,053 (±$19,238)—
Denville Township1.6 mi$160,817 (±$17,322)Higher
Victory Gardens Borough1.9 mi$62,550 (±$22,564)Lower
White Meadow Lake2.0 mi$149,324 (±$11,270)Higher
Dover Town2.3 mi$73,737 (±$4,923)Lower
Mount Hope2.4 mi$86,607 (±$16,689)Not measurably different
Mount Tabor2.8 mi$115,199 (±$20,626)Not measurably different
Wharton Borough3.0 mi$85,767 (±$17,568)Not measurably different
Rainbow Lakes3.6 mi$93,051 (±$7,740)Not measurably different

Nearby places with a measurably lower figure: Victory Gardens Borough, NJ ($62,550), Dover Town, NJ ($73,737).

Nearby places with a measurably higher figure: Denville Township, NJ ($160,817), White Meadow Lake, NJ ($149,324).

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
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)
31Parsippany-Troy Hills Township$112,327 (±$5,991)
32Butler Borough$111,557 (±$9,158)
33Rockaway Borough$107,053 (±$19,238)
34Riverdale Borough$102,950 (±$10,103)
35Mount Arlington Borough$92,264 (±$19,342)
36Wharton Borough$85,767 (±$17,568)
37Netcong Borough$83,958 (±$30,730)
38Dover Town$73,737 (±$4,923)
39Victory Gardens Borough$62,550 (±$22,564)

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 Rockaway Borough

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Questions about Rockaway Borough

What is the median household income in Rockaway Borough?

The median household income in Rockaway Borough is $107,053 (±$19,238) a year (2020–2024 American Community Survey).

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

About $63,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,587 a month.

Have incomes in Rockaway Borough kept up with inflation?

In Rockaway Borough, the median household income went from $96,602 in 2015–2019 to $107,053 in 2020–2024 (+10.8%).

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 Rockaway Borough?

The median renting household in Rockaway Borough, NJ earns $51,573 (±$37,453) 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 Rockaway borough, Morris County, New Jersey (county subdivision:64050, 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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