What is the median household income in Whippany, NJ?
The median household income in Whippany, NJ is $151,420 (±$12,542) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,556 a month would take about $102,200 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $151,420 (±$12,542)
- Median renter income
- $72,467 (±$24,799)
- Income to afford median rent
- about $102,200
Income in Whippany against Morris County, its state and the nation
| Whippany | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $151,420 (±$12,542) | $137,326 (±$2,991) | $103,556 (±$513) | $80,734 |
| Median renter household income | $72,467 (±$24,799) | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median owner household income | $159,038 (±$15,677) | $165,144 (±$2,794) | $133,477 (±$624) | $100,009 |
| Median gross rent | $2,556 (±$1,057) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
In Whippany, 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, Whippany ranks 8 of 27 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 53 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 Whippany
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 $2,556 a month ($30,672 a year) needs an income of about $102,200 a year.
The median renting household in Whippany earns $72,467 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.
Median household income in places near Whippany
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Whippany | — | $151,420 (±$12,542) | — |
| Cedar Knolls | 1.9 mi | $170,400 (±$38,419) | Not measurably different |
| Troy Hills | 2.2 mi | $183,707 (±$12,378) | Higher |
| Parsippany-Troy Hills Township | 2.5 mi | $112,327 (±$5,991) | Lower |
| Parsippany | 2.8 mi | $99,405 (±$4,789) | Lower |
| East Hanover Township | 2.9 mi | $149,583 (±$17,373) | Not measurably different |
| Morris Plains Borough | 3.1 mi | $154,923 (±$17,133) | Not measurably different |
| Florham Park Borough | 3.5 mi | $158,696 (±$18,650) | Not measurably different |
| Morristown Town | 3.6 mi | $121,340 (±$14,435) | Lower |
Nearby places with a measurably lower figure: Parsippany-Troy Hills Township, NJ ($112,327), Parsippany, NJ ($99,405), Morristown Town, NJ ($121,340).
Nearby places with a measurably higher figure: Troy Hills, NJ ($183,707).
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 |
|---|---|---|
| 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) |
| 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) |
Showing 13 of 27 places in Morris County, ranked from highest to lowest.
Whippany is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Hanover 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.
What you can do on Seayora in Whippany
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Whippany beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Whippany, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Whippany, and send estimates and invoices from your phone.
Questions about Whippany
What is the median household income in Whippany?
The median household income in Whippany is $151,420 (±$12,542) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Whippany?
About $102,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,556 a month.
What do renters earn in Whippany?
The median renting household in Whippany, NJ earns $72,467 (±$24,799) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Whippany CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Whippany CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Whippany CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Whippany CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Whippany CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Whippany 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 Whippany CDP, New Jersey (place:80540, 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 Whippany at a glance
- Median rent in Whippany
- Rent by bedrooms in Whippany
- Rent burden in Whippany
- Renters and owners in Whippany
- Home values in Whippany
- Homeowner costs in Whippany
- Property taxes in Whippany
- Types of homes in Whippany
- Bedrooms in Whippany
- Age of homes in Whippany
- Heating fuel in Whippany
- Commute and cars in Whippany
- How long people stay in Whippany
- Crowding and facilities in Whippany
- 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