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Stanhope, 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
3,552
Population
$139,205
Median Income
$376,700
Home Value
39.3
Median Age

Demographics

Stanhope has a population of 3,552 with a median age of 39.3. Here is the racial and ethnic breakdown of the population:

White
77.6%
Hispanic
18.0%
Black
2.4%
Other
1.6%
Demographic Value
Total Population3,552
Median Age39.3
White77.6%
Black or African American2.4%
Asian0.4%
Hispanic or Latino18.0%
Other / Two or More Races1.6%
Stanhope, New Jersey — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 77.6%Hispanic/Latino: 18.0%Black: 2.4%Other: 2.0%3,552PopulationWhiteWhite77.6%Hispanic/LatinoHispanic/Latino18.0%BlackBlack2.4%OtherOther2.0%

Income & Economy

The median household income in Stanhope is $139,205, which is 72.7% above the national median of $80,610. The per capita income is $53,409. The poverty rate is 2.9%.

$139,205
Median Household Income
$53,409
Per Capita Income
2.9%
Poverty Rate

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Education

In Stanhope, 92.9% of residents age 25+ have a high school diploma or higher, and 44.7% hold a bachelor's degree or higher (6.4% with a graduate or professional degree).

HS Diploma+
92.9%
Bachelor's+
44.7%
Graduate+
6.4%
Education Level % of Adults (25+)
High School Diploma or Higher92.9%
Bachelor's Degree or Higher44.7%
Graduate or Professional Degree6.4%

Housing

The median home value in Stanhope is $376,700, above the national median of $303,400. The median monthly rent is $1,964. The homeownership rate is 86.1%.

$376,700
Median Home Value
$1,964/mo
Median Rent
86.1%
Homeownership Rate
Housing Metric Value
Median Home Value$376,700
Median Monthly Rent$1,964
Homeownership Rate86.1%
Vacancy Rate2.6%

Salaries in New Jersey

Explore salary data for popular occupations in New Jersey:

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Other Cities in New Jersey

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Frequently Asked Questions

What is the population of Stanhope, New Jersey?
The population of Stanhope, New Jersey is 3,552 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Stanhope, New Jersey?
The median household income in Stanhope, New Jersey is $139,205. This is 72.7% above the national median of $80,610.
What is the median home value in Stanhope, New Jersey?
The median home value in Stanhope, New Jersey is $376,700. The median monthly rent is $1,964.
What percentage of people in Stanhope have a college degree?
In Stanhope, New Jersey, 44.7% of adults age 25 and older hold a bachelor's degree or higher, and 92.9% have a high school diploma or higher.
Is Stanhope, New Jersey an affordable place to live?
The home price-to-income ratio in Stanhope, New Jersey is 2.7x (median home value $376,700 vs. median income $139,205), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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