Stanhope, NJ Profile: Facts & Data

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Stanhope, New Jersey - Basic Facts

The Borough of Stanhope had a population of 3,444 as of July 1, 2019.

The primary coordinate point for Stanhope is located at latitude 40.9029 and longitude -74.7091 in Sussex County. The formal boundaries for the Borough of Stanhope encompass a land area of 1.84 sq. miles and a water area of 0.35 sq. miles. Sussex County is in the Eastern time zone (GMT -5). The elevation is 837 feet.

The Borough of Stanhope (GNIS ID: 885408) 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.


Jump to... (On This Page!)
  1. Stanhope 2019 Demographic Data
  2. Growth Rates for Stanhope (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Stanhope, NJ Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Stanhope, NJ Housing Affordability Index is 132
State of New Jersey Housing Affordability Index is 91
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.

WEALTH INDEX

Stanhope, NJ Wealth Index is 103
State of New Jersey Wealth Index is 148
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the New Jersey COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 3,444
Population in Households 3,434
Population in Families 2,835
Population in Group Qrtrs 10
Population Density 1,874
Diversity Index1 37
 

INCOME

Median Household Income $81,046
Average Household Income $95,437
Per Capita Income $36,822
Wealth Index3 103

HOUSING

Total Housing Units 1,413 (100%)
Owner Occupied HU 1,086 (76.9%)
Renter Occupied HU 240 (17.0%)
Vacant Housing Units 87 ( 6.2%)
Median Home Value $232,960
Housing Affordability Index2 132
 

HOUSEHOLDS

Total Households 1,326
Average Household Size 2.59
Family Households 909
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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

2010-2019 2019-2024
Population -0.48% -0.71%
Households -0.52% -0.7%
Families -0.54% -0.71%
Median Household Income   2.77%
Per Capita Income   2.48%

Stanhope, NJ - Peer Comparisons by Rank and Percentile

The table below compares Stanhope to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2019 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 # 327 40th
Population Density # 341 38th
Diversity Index # 324 40th
Median Household Income # 306 44th
Per Capita Income # 350 36th

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

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