What is the median household income in Troy Hills, NJ?
The median household income in Troy Hills, NJ is $183,707 (±$12,378) a year (2020–2024 American Community Survey).
Paying the median gross rent of $3,108 a month would take about $124,300 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $183,707 (±$12,378)
- Income to afford median rent
- about $124,300
Income in Troy Hills against Morris County, its state and the nation
| Troy Hills | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $183,707 (±$12,378) | $137,326 (±$2,991) | $103,556 (±$513) | $80,734 |
| Median renter household income | — | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median owner household income | $184,569 (±$8,649) | $165,144 (±$2,794) | $133,477 (±$624) | $100,009 |
| Median gross rent | $3,108 (±$944) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
In Troy Hills, median household income is higher than in 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, Troy Hills ranks 4 of 27 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 26 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 Troy Hills
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 $3,108 a month ($37,296 a year) needs an income of about $124,300 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.
Median household income in places near Troy Hills
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Troy Hills | — | $183,707 (±$12,378) | — |
| Parsippany | 1.2 mi | $99,405 (±$4,789) | Lower |
| Whippany | 2.2 mi | $151,420 (±$12,542) | Lower |
| Lake Hiawatha | 2.3 mi | $104,663 (±$16,579) | Lower |
| Hanover Township | 2.7 mi | $156,956 (±$11,111) | Lower |
| East Hanover Township | 2.8 mi | $149,583 (±$17,373) | Lower |
| Pine Brook | 3.0 mi | $126,488 (±$26,048) | Lower |
| Rainbow Lakes | 3.5 mi | $93,051 (±$7,740) | Lower |
| Mountain Lakes Borough | 3.7 mi | $250,000 or more | — |
Nearby places with a measurably lower figure: Parsippany, NJ ($99,405), Whippany, NJ ($151,420), Lake Hiawatha, NJ ($104,663).
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 | Brookside | $250,000 or more |
| 2 | Towaco | $205,636 (±$67,452) |
| 3 | Millington | $194,306 (±$48,455) |
| 4 | Troy Hills | $183,707 (±$12,378) |
| 5 | Stirling | $180,875 (±$71,018) |
| 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) |
Showing 10 of 27 places in Morris County, ranked from highest to lowest.
Troy Hills is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Parsippany-Troy Hills Township, 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 Troy Hills
What is the median household income in Troy Hills?
The median household income in Troy Hills is $183,707 (±$12,378) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Troy Hills?
About $124,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $3,108 a month.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Troy Hills 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 Troy Hills CDP, New Jersey (place:74150, 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 Troy Hills at a glance
- Median rent in Troy Hills
- Home values in Troy Hills
- Homeowner costs in Troy Hills
- Property taxes in Troy Hills
- Types of homes in Troy Hills
- Age of homes in Troy Hills
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- Crowding and facilities in Troy Hills
- 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