CENSUS TRACT
Census Tract 462.02
New Jersey · Morris County · 3,734 residents · 7.545 sq mi
Notable rankings
#37highest broadband in NJ#930 US100.0%#148highest rent burden in NJ73.2%#201lowest low density in NJ494.90/sq mi#247highest household income in NJ$177,222TRACT SHAPE · Morris County, NJ
The short version
Census Tract 462.02 is significantly wealthier than the US average, with a median household income of $177,222. Population has held roughly steady since 2020. 62% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $606,600. Poverty is rare here, at 3.5% of residents. Households here earn about 29% more than the Morris County median.
At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 42.8
US median: 38.9
More educated
62% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
3,734
+2%since 2020
from 3,665 in 2020
2020 – 2024
Population density
495 / sq mi
+2%since 2020
from 486 / sq mi in 2020
US average: 281
Median age
42.8
−5%since 2020
from 45.0 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$177,222
−7%inflation adjusted, since 2020
from $156,475 in 2020
US average: $82,259
2020 – 2024
Per capita income
$64,540
−1%since 2020
from $65,117 in 2020
US average: $44,673
Households earning $100K+
82.9%
−1.6 ptssince 2020
from 84.4% in 2020
US average: 53.3%
Poverty rate
3.5%
+0.5 ptssince 2020
from 3.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.356
−6%since 2020
from 0.378 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade11.3%
Wholesale trade10.9%
Other services10.4%
Information10.1%
Public administration8.2%
Finance & insurance4%
Transportation & warehousing2.7%
Education & health services2.4%
Professional, scientific, technical1.6%
Arts, entertainment, food0.7%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$606,600
+9%inflation adjusted, since 2020
from $460,300 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,640
US average: $1,442
Owner-occupied
95.5%
−3.0 ptssince 2020
from 98.5% in 2020
4.5% rent
Vacancy rate
2.3%
−2.7 ptssince 2020
from 5.0% in 2020
US average: 10.0%
Owner cost-burdened
20.7%
+5.3 ptssince 2020
from 15.3% in 2020
US average: 22.9%
Renter cost-burdened
73.2%
−26.8 ptssince 2020
from 100.0% in 2020
US average: 47.4%
Afford Score
3.4
+16%since 2020
from 2.9 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 462.02 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic85.5%(3,132)
Black0%(0)
Hispanic / Latino6.1%(225)
Asian6.3%(230)
Other2.1%(78)
Diversity Score32.7%(1,198)
2024
White, non-Hispanic81.8%(3,053)
Black0%(0)
Hispanic / Latino11.3%(422)
Asian2.9%(108)
Other4%(151)
Diversity Score39.5%(1,476)
Diversity Score
40
+21%since 2020
from 33 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
62.4%
−4.9 ptssince 2020
from 67.3% in 2020
US average: 35.6%
High school or higher
98.6%
−0.7 ptssince 2020
from 99.4% in 2020
US average: 89.6%
Graduate degree
23.4%
−3.6 ptssince 2020
from 27.0% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
34.7 min
−21%since 2020
from 43.9 min in 2020
US average: 26.5
Drive alone to work
67.2%
−12.7 ptssince 2020
from 79.8% in 2020
US average: 68.9%
Carpooled to work
7.1%
+4.6 ptssince 2020
from 2.5% in 2020
US average: 8.5%
Public transit
0.0%
−2.0 ptssince 2020
from 2.0% in 2020
US average: 3.2%
Worked from home
24.1%
+8.8 ptssince 2020
from 15.3% in 2020
US average: 15.0%
Walked to work
1.1%
+1.1 ptssince 2020
from 0.0% 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
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
3.3%
+0.6 ptssince 2020
from 2.7% in 2020
US average: 5.2%
Labor force participation
72.4%
+3.3 ptssince 2020
from 69.1% in 2020
US average: 63.5%
Self-employed
10.5%
−5.8 ptssince 2020
from 16.3% in 2020
US average: 13.1%
Management & professional
55.7%
−7.9 ptssince 2020
from 63.6% in 2020
US average: 42.5%
Section 08
People & community
Male
47.2%
−1.2 ptssince 2020
from 48.4% in 2020
Female
52.8%
+1.2 ptssince 2020
from 51.6% in 2020
Foreign born
5.0%
Unchangedsince 2020
from 5.1% in 2020
US average: 14.1%
Veterans
2.5%
−0.9 ptssince 2020
from 3.4% in 2020
US average: 6.2%
With a disability
5.4%
+1.0 ptssince 2020
from 4.4% in 2020
US average: 13.3%
Uninsured
1.7%
+0.3 ptssince 2020
from 1.4% in 2020
US average: 8.4%
Broadband at home
100.0%
+2.7 ptssince 2020
from 97.3% in 2020
US average: 91.0%
English only at home
93.0%
+2.9 ptssince 2020
from 90.1% in 2020
US average: 77.7%
Spanish at home
1.8%
−3.3 ptssince 2020
from 5.1% in 2020
US average: 13.6%
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Compare Census Tract 462.02 to nearby tracts
CENSUS TRACT 462.02 VS
Census Tract 462.01
Income$147,253−17%
Home value$548,800−10%
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CENSUS TRACT 462.02 VS
Census Tract 461.04
Income$127,847−28%
Home value$512,600−15%
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CENSUS TRACT 462.02 VS
Census Tract 462.98
Income$168,375−5%
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CENSUS TRACT 462.02 VS
Census Tract 462.97
Income$183,594+4%
Home value$648,500+7%
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Frequently asked
How many people live in this census tract?
this census tract has about 3,734 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 $177,222 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 $606,600, and the typical rent is about $1,640 a month.
How educated are people in this census tract?
About 62.4% 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 3.5% of people in this census tract live below the federal poverty line.
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Containing area
Morris CountyOther census tracts in Morris County
Census Tract 465Census Tract 408.03Census Tract 434.01Census Tract 451Census Tract 402Census Tract 448Census Tract 417.01Census Tract 401.02Census Tract 443Census Tract 415Census Tract 426.02Census Tract 462.01Census Tract 408.05Census Tract 461.10Census Tract 440Census Tract 458.04DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024