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Florham Park, New Jersey

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
13,564
Population
$158,696
Median Income
$791,400
Home Value
40.9
Median Age

Demographics

Florham Park has a population of 13,564 with a median age of 40.9. Here is the racial and ethnic breakdown of the population:

White
68.4%
Asian
11.1%
Black
9.7%
Hispanic
7.7%
Other
3.1%
Demographic Value
Total Population13,564
Median Age40.9
White68.4%
Black or African American9.7%
Asian11.1%
Hispanic or Latino7.7%
Other / Two or More Races3.1%
Florham Park, New Jersey — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 68.4%Asian: 11.1%Black: 9.7%Hispanic/Latino: 7.7%Other: 3.1%13,564PopulationWhiteWhite68.4%AsianAsian11.1%BlackBlack9.7%Hispanic/LatinoHispanic/Latino7.7%OtherOther3.1%

Income & Economy

The median household income in Florham Park is $158,696, which is 96.9% above the national median of $80,610. The per capita income is $78,037. The poverty rate is 8.7%.

$158,696
Median Household Income
$78,037
Per Capita Income
8.7%
Poverty Rate

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Education

In Florham Park, 98.9% of residents age 25+ have a high school diploma or higher, and 69.9% hold a bachelor's degree or higher (33.6% with a graduate or professional degree).

HS Diploma+
98.9%
Bachelor's+
69.9%
Graduate+
33.6%
Education Level % of Adults (25+)
High School Diploma or Higher98.9%
Bachelor's Degree or Higher69.9%
Graduate or Professional Degree33.6%

Housing

The median home value in Florham Park is $791,400, above the national median of $303,400. The median monthly rent is $3,109. The homeownership rate is 69.8%.

$791,400
Median Home Value
$3,109/mo
Median Rent
69.8%
Homeownership Rate
Housing Metric Value
Median Home Value$791,400
Median Monthly Rent$3,109
Homeownership Rate69.8%
Vacancy Rate7.7%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Florham Park, New Jersey?
The population of Florham Park, New Jersey is 13,564 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Florham Park, New Jersey?
The median household income in Florham Park, New Jersey is $158,696. This is 96.9% above the national median of $80,610.
What is the median home value in Florham Park, New Jersey?
The median home value in Florham Park, New Jersey is $791,400. The median monthly rent is $3,109.
What percentage of people in Florham Park have a college degree?
In Florham Park, New Jersey, 69.9% of adults age 25 and older hold a bachelor's degree or higher, and 98.9% have a high school diploma or higher.
Is Florham Park, New Jersey an affordable place to live?
The home price-to-income ratio in Florham Park, New Jersey is 5.0x (median home value $791,400 vs. median income $158,696), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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