New Jersey · Census place 80390
Wharton borough, NJ
Quick answer
Wharton borough has 7,254 residents, ranking #225 of 700 places in New Jersey. Median household income is $92,548, the median home is worth $348,100 and median gross rent runs $1,886 a month.
- Population
- 7,254Wharton borough residents
- Median household income
- $92,548Past 12 months, inflation adjusted
- Median home value
- $348,100Owner-occupied units
- Median gross rent
- $1,886Rent plus utilities, monthly
- Median age
- 39.4 yrsAll residents
- Homeownership rate
- 53.5%Owner-occupied households
What the numbers mean in Wharton borough
Housing cost measured against local earnings.
A household earning the Wharton borough median would spend about 24.5% 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 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.8% of residents and 53.5% 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.
- Rumson borough 7,265
- Yorketown CDP 7,265
- Emerson borough 7,263
- Keyport borough 7,159
- Barrington borough 7,047
- Midland Park borough 6,996
- Milltown borough 6,994
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