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CENSUS TRACT

Census Tract 431

New Jersey · Morris County · 3,921 residents · 1.159 sq mi
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425426.01427428429430432433.02439440431
TRACT SHAPE · Morris County, NJ
The short version

Census Tract 431 is significantly wealthier than the US average, with a median household income of $230,795. Population has held roughly steady since 2020. 89% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $1,286,900. Poverty is rare here, at 1.4% of residents. Households here earn about 68% more than the Morris County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 42.3
US median: 38.9
More educated
89% hold a bachelor's degree
US average: 36%
More affordable
home values down 9%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,921
+9%since 2020
from 3,592 in 2020
2020 – 2024
Population density
3,383 / sq mi
+9%since 2020
from 3,099 / sq mi in 2020
US average: 281
Median age
42.3
Unchangedsince 2020
from 42.2 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 431
20244K
20202024
Section 02

Income & economy

Median household income
$230,795
−11%inflation adjusted, since 2020
from $214,559 in 2020
US average: $82,259
2020 – 2024
Per capita income
$141,982
+21%since 2020
from $117,536 in 2020
US average: $44,673
Households earning $100K+
89.5%
+6.4 ptssince 2020
from 83.1% in 2020
US average: 53.3%
Poverty rate
1.4%
−2.4 ptssince 2020
from 3.8% in 2020
US average: 12.5%
Income inequality (Gini)
0.485
+1%since 2020
from 0.480 in 2020
US average: 0.476
Workforce by industry, 2024
Other services32.1%
US avg: 6.7%
Public administration30.8%
US avg: 4.8%
Retail trade7.4%
US avg: 9.9%
Information5.6%
US avg: 10.8%
Arts, entertainment, food2.9%
US avg: 1.9%
Finance & insurance2.8%
US avg: 5.9%
Professional, scientific, technical2.8%
US avg: 5.1%
Wholesale trade1.4%
US avg: 6.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$1,286,900
−9%inflation adjusted, since 2020
from $1,165,100 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,464
+4%inflation adjusted, since 2020
from $1,950 in 2020
US average: $1,442
Owner-occupied
90.2%
+2.7 ptssince 2020
from 87.5% in 2020
9.8% rent
Vacancy rate
0.0%
−2.9 ptssince 2020
from 2.9% in 2020
US average: 10.0%
Owner cost-burdened
29.1%
+2.5 ptssince 2020
from 26.6% in 2020
US average: 22.9%
Renter cost-burdened
23.1%
−21.5 ptssince 2020
from 44.6% in 2020
US average: 47.4%
Afford Score
5.6
+3%since 2020
from 5.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 431 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic85.9%(3,086)
Black1.1%(38)
Hispanic / Latino4.4%(157)
Asian2.4%(87)
Other6.2%(224)
Diversity Score31.9%(1,147)
2024
White, non-Hispanic75.3%(2,951)
Black0%(0)
Hispanic / Latino11.6%(453)
Asian7.8%(307)
Other5.4%(210)
Diversity Score51.4%(2,016)
Diversity Score
51
+61%since 2020
from 32 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
88.6%
+0.8 ptssince 2020
from 87.8% in 2020
US average: 35.6%
High school or higher
99.2%
−0.3 ptssince 2020
from 99.5% in 2020
US average: 89.6%
Graduate degree
42.6%
−0.8 ptssince 2020
from 43.3% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
37.5 min
−1%since 2020
from 38.0 min in 2020
US average: 26.5
Drive alone to work
38.5%
−22.7 ptssince 2020
from 61.2% in 2020
US average: 68.9%
Carpooled to work
0.7%
−1.4 ptssince 2020
from 2.2% in 2020
US average: 8.5%
Public transit
15.9%
+0.3 ptssince 2020
from 15.6% in 2020
US average: 3.2%
Worked from home
43.8%
+25.0 ptssince 2020
from 18.7% in 2020
US average: 15.0%
Walked to work
1.1%
+0.6 ptssince 2020
from 0.6% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
1.7%
−1.2 ptssince 2020
from 2.9% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.8%
−1.3 ptssince 2020
from 9.1% in 2020
US average: 5.2%
Labor force participation
62.9%
−0.4 ptssince 2020
from 63.3% in 2020
US average: 63.5%
Self-employed
4.1%
−4.9 ptssince 2020
from 9.0% in 2020
US average: 13.1%
Management & professional
82.2%
+13.4 ptssince 2020
from 68.8% in 2020
US average: 42.5%
Section 08

People & community

Male
52.8%
+2.6 ptssince 2020
from 50.2% in 2020
Female
47.2%
−2.6 ptssince 2020
from 49.8% in 2020
Foreign born
18.0%
+7.2 ptssince 2020
from 10.8% in 2020
US average: 14.1%
Veterans
3.7%
+1.3 ptssince 2020
from 2.4% in 2020
US average: 6.2%
With a disability
5.2%
−1.2 ptssince 2020
from 6.4% in 2020
US average: 13.3%
Uninsured
2.0%
+0.2 ptssince 2020
from 1.8% in 2020
US average: 8.4%
Broadband at home
99.2%
+2.7 ptssince 2020
from 96.5% in 2020
US average: 91.0%
English only at home
82.4%
−5.1 ptssince 2020
from 87.5% in 2020
US average: 77.7%
Spanish at home
7.4%
+3.3 ptssince 2020
from 4.1% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 3,921 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $230,795 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $1,286,900, and the typical rent is about $2,464 a month.

How educated are people in this census tract?

About 88.6% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 1.4% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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