New Jersey · Census place 70380
Stanhope borough, NJ
Quick answer
Stanhope borough has 3,551 residents, ranking #359 of 700 places in New Jersey. Median household income is $134,583, the median home is worth $326,000 and median gross rent runs $1,796 a month.
- Population
- 3,551Stanhope borough residents
- Median household income
- $134,583Past 12 months, inflation adjusted
- Median home value
- $326,000Owner-occupied units
- Median gross rent
- $1,796Rent plus utilities, monthly
- Median age
- 40.6 yrsAll residents
- Homeownership rate
- 84.7%Owner-occupied households
What the numbers mean in Stanhope borough
Housing cost measured against local earnings.
A household earning the Stanhope borough median would spend about 16% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.5% of residents and 84.7% 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.
- Roebling CDP 3,591
- High Bridge borough 3,584
- North Cape May CDP 3,577
- Netcong borough 3,543
- Gibbstown CDP 3,494
- Richwood CDP 3,453
- Barnegat CDP 3,367
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