Far Hills borough, New Jersey
CityPopulation: 1,004 (2023 estimate)
Located in New Jersey , New Jersey
Census Bureau data for Far Hills borough from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Far Hills borough
- What is the median household income in Far Hills borough?
- The median household income in Far Hills borough is $152,188 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Far Hills borough?
- The poverty rate in Far Hills borough is 2.1% (U.S. Census Bureau ACS 2023).
- What is the median home value in Far Hills borough?
- $798,900 (U.S. Census Bureau ACS 2023).
- What is the average rent in Far Hills borough?
- The median gross rent in Far Hills borough is $1,495 per month (U.S. Census Bureau ACS 2023).
- What percentage of Far Hills borough residents have a college degree?
- 59.2% of adults in Far Hills borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,004
Median Income
$152,188
Median Home Value
$798,900
Poverty Rate
2.1%
Unemployment (ACS 2023)
4.7%
Median Age
49.0 yrs
Since 2019
Median Income:
+$24,549 (+19.2%)
Home Value:
+$9,800 (+1.2%)
Poverty Rate:
-2.6 pp (-55.3%)
Bachelor's+:
-7.3 pp (-11%)
Unemployment:
-4.7 pp (-50%)
Demographics
Total Population
1,004
Median Age
49.0
Female
53.1%
Race & Ethnicity
Hispanic or Latino 13.2%
White (non-Hisp.) 77.5%
Black 1.5%
Asian 4.9%
Two or More 7.5%
Other 4.8%
Asian Subgroups (% of total pop.)
Chinese
1.9%
Japanese
0.9%
Indian
0.7%
Korean
0.6%
Filipino
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$152,188
±$24,967
+$51,138 vs. state
Per Capita Income
$250,971
Median Family Income
$200,833
Poverty Rate
2.1%
-4.9 pp vs. state
Child Poverty Rate
3.2%
Working-Age Poverty Rate
—
SNAP Recipients
2.9%
Social Security Income
—
Retirement Income
30.2%
Household Income Distribution
< $10k
5.8%
$10–15k
0.7%
$15–25k
5.5%
$25–35k
2.9%
$35–50k
12.2%
$50–75k
8.4%
$75–100k
2.9%
$100–150k
10.8%
$150–200k
12.2%
$200k+
38.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
435
Owner-Occupied
82.7%
Renter-Occupied
17.3%
Vacancy Rate
4.1%
Median Home Value
$798,900
+$371,300 vs. state
Median Gross Rent
$1,495
Owner Cost Burden (30%+)
36.7%
Renter Cost Burden (30%+)
36.1%
Home Value Distribution
< $50k
4.3%
$50–100k
2.9%
$100–200k
8.1%
$200–300k
0.3%
$300–500k
6.7%
$500k–$1M
42.0%
$1M+
33.9%
Gross Rent Distribution
$1–1.5k
50.8%
$1.5–2k
14.8%
$2.5–3.5k
14.8%
$3.5k+
19.7%
Vehicle Availability
No vehicle
0.7%
1 vehicle
35.3%
2 vehicles
27.1%
3+
36.9%
Housing Type
Single-fam. det.
60.7%
Single-fam. att.
24.6%
2–4 units
2.1%
5–19 units
0.2%
20+ units
2.3%
Housing Age
Pre-1940
20.9%
1940–1969
1.6%
1970–1999
2.1%
2000–2009
10.8%
2010+
1.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
98.8%
Bachelor's or Higher
59.2%
+16.3 pp vs. state
Graduate Degree
31.3%
Some College / Associate
11.3%
Less Than High School
0.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
67.9%
Unemployment Rate
4.7%
-1.5 pp vs. state
Work from Home
20.8%
Self-Employed
14.5%
Government Workers
5.8%
Private For-Profit
79.7%
Industry
Prof. Services
18.0%
Edu/Health
17.3%
Finance
14.5%
Arts/Entmt.
12.1%
Retail
11.9%
Information
7.0%
Manufacturing
6.0%
Construction
2.8%
Wholesale
2.5%
Transportation
1.4%
Public Admin
0.5%
Agriculture
0.5%
Occupation
Management
57.8%
Food Prep
18.4%
Sales
13.7%
Production
7.0%
Construction
3.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
32.7 min
Drove Alone
68.0%
Carpool
6.5%
Public Transit
2.6%
Work from Home
20.8%
Walked
2.1%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
417
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
57.8%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
17.3%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
1.5%
5–9
3.0%
10–14
5.6%
15–19
10.2%
20–24
3.3%
25–34
4.3%
35–44
12.2%
45–54
18.5%
55–64
8.4%
65–74
8.3%
75–84
16.5%
85+
6.3%
Under 18: 16.4%
Working age (18–64): 83.6%
65 and over: 24.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
16.6%
Naturalized Citizen
75.4%
Speaks English Less Than Very Well
10.0%
Foreign-Born Origin
Latin America
37.7%
Asia
31.1%
Europe
28.1%
Africa
1.8%
Veterans & Disability
Veteran
1.7%
With a Disability
9.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
94.6%
Uninsured
5.4%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
92.8%
Has a Computer
97.4%
Same House 1 Year Ago
86.3%
Moved from Abroad
1.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023