Also See Florham Park, NJ: ZIP Codes & Maps
The Borough of Florham Park had a population of 13,240 as of July 1, 2023.
The primary coordinate point for Florham Park is located at latitude 40.7879 and longitude -74.3882 in Morris County. The formal boundaries for the Borough of Florham Park encompass a land area of 7.32 sq. miles and a water area of 0.19 sq. miles. Morris County is in the Eastern time zone (GMT -5).
The Borough of Florham Park has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 13,240 (100%) |
Population in Households | 11,725 (88.6%) |
Population in Families | 9,948 (75.1%) |
Population in Group Quarters1 | 1,515 (11.4%) |
Population Density | 1,810 |
Diversity Index2 | 49 |
INCOME | |
Median Household Income | $127,923 |
Average Household Income | $196,356 |
% of Income for Mortgage4 | 34% |
Per Capita Income | $72,274 |
Wealth Index5 | 212 |
Socioeconomic Status Index6 | High (66.4) |
HOUSING | |
---|---|
Total HU (Housing Units) | 5,191 (100%) |
Owner Occupied HU | 3,412 (65.7%) |
Renter Occupied HU | 1,461 (28.1%) |
Vacant Housing Units | 318 ( 6.1%) |
Median Home Value | $720,159 |
Average Home Value | $746,512 |
Housing Affordability Index3 | 67 |
HOUSEHOLDS | |
Total Households | 4,873 |
Average Household Size | 2.41 |
Family Households | 3,287 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 1.57% | 0.16% |
Households | 2.71% | 0.41% |
Families | 0.51% | |
Median Household Income | 2.29% | |
Per Capita Income | 2.57% | |
Owner Occupied HU | 0.57% |
The table below compares Florham Park to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 102 | 86th |
Population Density | # 390 | 44th |
Median Household Income | # 165 | 77th |
Housing Affordability Index | # 175 | 25th |
Per Capita Income | # 143 | 80th |
Diversity Index | # 383 | 45th |
Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.
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