Far Hills, NJ Profile: Facts, Map & Data

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Far Hills, New Jersey - Basic Facts

The Borough of Far Hills had a population of 995 as of July 1, 2017. Far Hills ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Far Hills is located at latitude 40.6909 and longitude -74.6216 in Somerset County. The formal boundaries for the Borough of Far Hills (see map below) encompass a land area of 4.8 sq. miles and a water area of 0.08 sq. miles. Somerset County is in the Eastern time zone (GMT -5). The elevation is 151 feet.

The Borough of Far Hills (GNIS ID: 885217) 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.

Beneath the boundary map are tables with Far Hills population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.


Neighborhood Data

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Borough of Far Hills, NJ Boundary Map



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Far Hills, NJ Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 995
Daytime Population: Workers 826
Daytime Population: Residents 490
Total Daytime Population (TDP) 1,316
Ratio TDP/Total Population1 1.32
Population in Households 995
Population in Familes 846
Population in Group Qrtrs 0
Population Density2 207
Diversity Index3 32
 

INCOME

Median Household Income $136,448
Average Household Income $220,715
Per Capita Income $89,395

HOUSING

Total Housing Units 449 (100%)
Owner Occupied HU 293 (65.3%)
Renter Occupied HU 110 (24.5%)
Vacant Housing Units 46 (10.2%)
Median Home Value $907,738
Average Home Value $875,427
 

HOUSEHOLDS

Total Households 403
Average Household Size 2.47
Family Households 277
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 1.1% 0.99%
Households 0.96% 0.88%
Families 0.93% 0.85%
Median Household Income   1.44%
Per Capita Income   1.64%

Far Hills, NJ - Peer Comparisons by Rank and Percentile

The table below compares Far Hills to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2017 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 # 463 15th
Population Density # 531 3rd
Diversity Index # 353 35th
Median Household Income # 43 92nd
Per Capita Income # 3 100th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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