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ZipNumbers

New Jersey · Census place 23910

Florham Park borough, NJ

Quick answer

Florham Park borough has 13,134 residents, ranking #103 of 700 places in New Jersey. Median household income is $147,714, the median home is worth $722,700 and median gross rent runs $3,009 a month.

Population
13,134Florham Park borough residents
Median household income
$147,714Past 12 months, inflation adjusted
Median home value
$722,700Owner-occupied units
Median gross rent
$3,009Rent plus utilities, monthly
Median age
39.9 yrsAll residents
Homeownership rate
69.6%Owner-occupied households

What the numbers mean in Florham Park borough

Housing cost measured against local earnings.

A household earning the Florham Park borough median would spend about 24.4% 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 4.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.8% of residents and 69.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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