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AREA INFORMATION

Far Hills, NJ

Explore the real estate in Far Hills, NJ

Area Highlights

Far Hills, NJ residents have a median age of 51 years old, with employment highest in the computer and administrative support industries.

946 Population

The population has increased by 2.4% since the year 2010.

379 Households

$105,556 /yr
Median Household Income

$2,817,000
Median Home Sale Price

25m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

51 Median Age

Average Household Size

2.5
persons per
household

65.4%

Married Households

Community Population By Education

Bachelors Degree 36%
Graduate Degree 26%
High School Graduate 19%
Some College 13%
Associates Degree 6%
Some High School <1%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 36.07% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
26.9% of households have children

Area Schools

PK-8
1.3 MILES
Far Hills Country School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$105,556 /yr
Median Household Income
$2,817,000
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 26.39% of the households.

Transportation to Work

  • Drive 71%
  • Work from Home 20%
  • Public Transit 5%
  • Walk or Bike 4%

Occupancy by Type

Owned 293 69%
Rented 86 20%
Vacant 44 10%

White vs Blue Collar Jobs







White Collar 86%
Blue Collar 14%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 51 years old. The smallest percentage group is 45-54 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 81%
Hispanic 12%
Other 6%
Asian 5%
Black 1%
Native American <1%
The most prevalent ethnicity is White at 81%, followed by Hispanic at 12%, Other at 6%, and Asian at 5%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

85° July
Hottest Average Month
19° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
19°
38°
Feb
20°
39°
Mar
28°
49°
Apr
37°
61°
May
47°
72°
Jun
56°
80°
Jul
61°
85°
Aug
59°
83°
Sep
52°
76°
Oct
41°
65°
Nov
32°
53°
Dec
23°
41°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$850,000
For sale
4 beds • 2 baths • 1 half baths

3 Stanley Place
Chester Township, NJ 07931

$1,150,000
For sale
3 beds • 2 baths • 1 half baths • 2,717 sqft

22 Saint Johns Drive Plan: Pratt II
Far Hills, NJ 07931

$1,207,244
For sale
3 beds • 2 baths • 1 half baths • 2,717 sqft

24 Hillandale Drive
Far Hills, NJ 07931

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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