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Short Hills, NJ Profile: Facts & Data

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Short Hills, New Jersey - Basic Facts

The Short Hills Census Designated Place had a population of 13,658 as of July 1, 2020.

The primary coordinate point for Short Hills is located at latitude 40.7479 and longitude -74.3254 in Essex County. The formal boundaries for the Short Hills Census Designated Place encompass a land area of 5.25 sq. miles and a water area of 0.01 sq. miles. Essex County is in the Eastern time zone (GMT -5). The elevation is 269 feet.

The Short Hills Census Designated Place (GNIS ID: 2584025) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Short Hills Census Designated Place is located within Township of Millburn, a minor civil division (MCD) of Essex County.


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Short Hills, NJ Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 13,658 (100%)
Population in Households 13,656 (100.0%)
Population in Families 12,949 (94.8%)
Population in Group Quarters1 2 ( 0.0%)
Population Density 2,601
Diversity Index2 44
 
 

INCOME

Median Household Income $200,001
Average Household Income $341,303
% of Income for Mortgage4 30%
Per Capita Income $106,291
Wealth Index5 507
 

HOUSING

Total HU (Housing Units) 4,412 (100%)
Owner Occupied HU 3,850 (87.3%)
Renter Occupied HU 393 ( 8.9%)
Vacant Housing Units 170 ( 3.9%)
Median Home Value $1,418,887
Average Home Value $1,487,610
Housing Affordability Index3 82
 

HOUSEHOLDS

Total Households 4,242
Average Household Size 3.22
Family Households 3,749
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.28% 1.05%
Households 0.12% 0.98%
Families 0.09% 1.0%
Median Household Income   0.0%
Per Capita Income   0.87%
Owner Occupied HU   0.18%

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Short Hills, NJ - Peer Comparisons by Rank and Percentile

The table below compares Short Hills to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2020 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 # 90 84th
Population Density # 264 52nd
Median Household Income # 8 99th
Housing Affordability Index # 81 15th
Per Capita Income # 3 100th
Diversity Index # 266 51st

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

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