New Jersey · Census place 45330
Mendham borough, NJ
Quick answer
Mendham borough has 4,977 residents, ranking #294 of 700 places in New Jersey. Median household income is $223,750, the median home is worth $764,000 and median gross rent runs $3,250 a month.
- Population
- 4,977Mendham borough residents
- Median household income
- $223,750Past 12 months, inflation adjusted
- Median home value
- $764,000Owner-occupied units
- Median gross rent
- $3,250Rent plus utilities, monthly
- Median age
- 46.6 yrsAll residents
- Homeownership rate
- 85.7%Owner-occupied households
What the numbers mean in Mendham borough
Housing cost measured against local earnings.
A household earning the Mendham borough median would spend about 17.4% 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 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.2% of residents and 85.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Florence CDP 5,027
- Ellisburg CDP 5,021
- Forked River CDP 4,988
- Ampere North CDP 4,968
- Brielle borough 4,960
- Franklin borough 4,938
- Demarest borough 4,916
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