Far Hills, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Far Hills, New Jersey had a total population of 948, the 557th largest borough in New Jersey, with a median household income of $143,250, which is 38% higher than the state average. The poverty rate is 5.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 38% above the state average — one of the wealthiest communities in New Jersey.
Far Hills Quick Facts
How Far Hills Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,004 | 948 | -5.6% |
| Median household income | $152,188 | $143,250 | -5.9% |
| Median home value | $798,900 | $792,100 | -0.9% |
How Far Hills Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Far Hills Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Somerset County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| North Plainfield | 22,809 | $87,349 | 13.2% | $374,700 |
| Somerset | 22,720 | $121,028 | 4.5% | $438,800 |
| Hillsborough | 22,585 | $144,112 | 2.7% | $435,700 |
| Bradley Gardens | 14,165 | $177,849 | 4.2% | $546,300 |
| Somerville | 13,410 | $103,760 | 5.9% | $435,700 |
| Franklin Park | 13,211 | $114,946 | 11.0% | $336,600 |
| Bound Brook | 12,219 | $90,571 | 11.1% | $397,100 |
| Martinsville | 11,559 | $205,000 | 1.4% | $720,400 |
| East Franklin | 11,070 | $115,458 | 5.9% | $385,900 |
| Manville | 10,921 | $93,333 | 11.7% | $354,300 |
Cities Similar to Far Hills
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Layton | 967 | $130,313 | $376,300 | 35.0% | 0.0% |
| Califon | 930 | $128,194 | $431,600 | 57.8% | 7.5% |
| Beach Haven | 1,055 | $144,167 | $1,472,200 | 65.0% | 3.7% |
| Crosswicks | 900 | $161,012 | $688,000 | 52.8% | 8.8% |
| Germania | 890 | $127,869 | $351,900 | 5.5% | 3.3% |
A note before these figures: with a population of 948, Far Hills's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Far Hills is a small community located in New Jersey, within Somerset County. The total population is 948. It ranks as the 557th most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Far Hills is 50.3 years. This is 25% higher than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Far Hills is $143,250. This is 38% higher than the state median of $103,556. It is also 77% higher than the national median of $80,734. The poverty rate stands at 5.4%. This is 45% lower than the state poverty rate of 9.7%. The unemployment rate is 7.2%. This is 14% higher than the state rate of 6.3%. The median home value is $792,100. Housing costs are 74% higher than the state median of $454,400. The home-value-to-income ratio is 5.5x. 87.1% of occupied housing units are owner-occupied. This homeownership rate is 36% higher than the state average of 63.8%.
Race & Ethnicity
The largest racial or ethnic group in Far Hills is White (non-Hispanic), making up 79.8% of the population. Hispanic or Latino residents account for 10.4%. The White (non-Hispanic) population is significantly higher than the state average (79.8% vs 50.9%). The Black or African American population (2.3%) is well below the state average of 12.2%. The Hispanic or Latino population (10.4%) is well below the state average of 22.5%. The Asian population (4.3%) is well below the state average of 10.1%.
Education
61.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 42% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.8%. Notably, 34.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Far Hills, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Far Hills, New Jersey?
Far Hills, New Jersey has a population of 948 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Far Hills, NJ?
The median household income in Far Hills is $143,250, which is 77% higher than the national median of $80,734.
What is the poverty rate in Far Hills, NJ?
The poverty rate in Far Hills is 5.4%. This means approximately 51 residents live below the federal poverty line.
What is the racial makeup of Far Hills, New Jersey?
Far Hills's population is 79.8% White, 2.3% Black, 10.4% Hispanic/Latino, and 4.3% Asian.
What is the median home value in Far Hills, NJ?
The median home value in Far Hills is $792,100. The home-value-to-income ratio is 5.5x.
How educated is Far Hills, New Jersey?
61.7% of adults (25+) in Far Hills hold a bachelor's degree or higher, and 34.5% hold a graduate or professional degree.