New Jersey · Census place 22890
Far Hills, NJ population, income and ZIP codes
Quick answer
The population of the city of Far Hills, New Jersey (Far Hills, NJ — Census place “Far Hills borough”) is 1,004 residents, ranking #552 of 700 places in New Jersey. Median household income is $152,188, the median home is worth $798,900 and median gross rent runs $1,495 a month. Looking for the Far Hills New Jersey ZIP code list? 1 ZIP codes serve Far Hills, NJ: 07931.
- Population
- 1,004Far Hills borough residents
- Median household income
- $152,188Past 12 months, inflation adjusted
- Median home value
- $798,900Owner-occupied units
- Median gross rent
- $1,495Rent plus utilities, monthly
- Median age
- 49.7 yrsAll residents
- Homeownership rate
- 82.7%Owner-occupied households
Far Hills ZIP codes (New Jersey)
Census ZCTAs whose delivery area overlaps Far Hills.
The Far Hills NJ ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
What the numbers mean in Far Hills borough
Housing cost measured against local earnings.
A household earning the Far Hills borough median would spend about 11.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.3% of residents and 82.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Far Hills borough, NJ in context
How this area compares with national benchmarks.
Far Hills borough is a small town in New Jersey, with 1,004 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #552 of 700 ranked by population — larger than 21% of them. The median age here is 49.7 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in Far Hills borough earn a median of $152,188 a year, 93.8% above the national figure of $78,538 and 42% above the $106,926 median for the 543 New Jersey cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 5.3% of residents here, less than half the 12.4% national rate.
The typical owner-occupied home in Far Hills borough is valued at $798,900, 163.3% above the national figure and 94% above the $412,500 peer median, while median gross rent runs $1,495 a month, 6.3% above the national figure, or roughly $17,940 across a full year. A household on the local median income would put about 11.8% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 5.2×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 82.7% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.
No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in New Jersey.
- Ship Bottom borough 1,009
- Cologne CDP 1,023
- Green Village CDP 1,040
- Port Republic city 1,047
- Roosevelt borough 1,059
- Califon borough 1,065
- Beach Haven borough 1,096
- Mount Tabor CDP 1,127
Keep going
More New Jersey coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Far Hills borough?
- Far Hills borough has 1,004 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #552 of 700 in New Jersey.
- What is the median household income in Far Hills borough?
- Median household income in Far Hills borough is $152,188 a year, 93.8% above the national figure of $78,538.
- How much does it cost to rent or buy in Far Hills borough?
- Median gross rent is $1,495 a month and the median home value is $798,900, so rent absorbs about 11.8% of median household income.
- Is Far Hills borough affordable compared with the rest of the US?
- Homes cost about 5.2× the local median income here versus roughly 3.9× nationally, so Far Hills borough is less affordable to buy in than the typical US market, and rent takes 11.8% of median income against the 30% cost-burden line.
- How current is this Far Hills borough data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.