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Florham Park, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Florham Park, New Jersey had a total population of 13,564, the 98th largest borough in New Jersey, with a median household income of $158,696, which is 53% higher than the state average. The poverty rate is 8.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Florham Park Quick Facts

Population 13,564
Median Household Income $158,696
Median Home Value $791,400
Poverty Rate 8.7%
Unemployment Rate 5.4%
Median Age 40.9 years
Homeownership Rate 69.8%
Affordability Ratio 5.0x
Bachelor's Degree or Higher 69.9%
High School Graduation Rate 98.9%
Diversity Index 53/100
Population 13,564 98th of 700
Median Income $158,696 top 20%
Poverty Rate 8.7% 30% lower than national
Median Home Value $791,400 top 20%

How Florham Park Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population13,13413,564+3.3%
Median household income$147,714$158,696+7.4%
Median home value$722,700$791,400+9.5%

How Florham Park Compares

Economy & Housing

Household Income Distribution

Under $25K 8.0%
$25K-$50K 6.2%
$50K-$100K 16.1%
$100K+ 69.8%
Detailed income brackets
Under $10K
5.9%
$10K-$15K
0.8%
$15K-$20K
0.7%
$20K-$25K
0.7%
$25K-$30K
1.6%
$30K-$35K
1.4%
$35K-$40K
1.4%
$40K-$45K
0.7%
$45K-$50K
1.2%
$50K-$60K
5.4%
$60K-$75K
4.4%
$75K-$100K
6.3%
$100K-$125K
8.1%
$125K-$150K
9.0%
$150K-$200K
14.6%
$200K+
38.0%

Employment

5.4% Unemployment Rate State: 6.3%|National: 5.2%
62.1% Labor Force Participation

Housing Overview

Owner 69.8%
Renter 30.2%
Affordability Index Expensive
5.0x home value to income ratio
Median gross rent $3,109/mo 23.5% of median household income annually

People & Demographics

Diversity Index

53out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 66 | National average: 61

Education

Florham Park Rankings in New Jersey

#98 Population of 700
#124 Median Income of 662
#95 Education of 699
#88 Home Value of 678

Other Cities in Morris County

CityPopulationMedian IncomePovertyHome Value
Parsippany 21,345 $99,405 6.7% $555,400
Morristown 20,453 $121,340 7.8% $567,600
Dover 18,563 $73,737 14.2% $366,700
Madison 16,447 $171,471 3.2% $943,200
Lake Hiawatha 11,018 $104,663 3.4% $428,600
Pompton Plains 10,971 $117,959 5.6% $539,000
Lincoln Park 10,957 $123,397 2.9% $443,300
Budd Lake 10,650 $114,154 4.6% $456,100
Lake Hopatcong 10,259 $117,625 4.0% $424,200
Kinnelon 10,013 $187,438 2.0% $706,400

Cities Similar to Florham Park

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
New Providence13,727$161,599$769,90067.6%2.1%
Oakland12,768$162,019$591,30056.8%3.1%
Ramsey14,805$160,996$697,30067.0%4.3%
Bradley Gardens14,165$177,849$546,30065.3%4.2%
Mercerville13,535$128,277$358,60043.7%3.2%

Population Overview

Florham Park is a small city located in New Jersey, within Morris County. The total population is 13,564. It ranks as the 98th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Florham Park is 40.9 years. This is 2% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Florham Park is $158,696. This is 53% higher than the state median of $103,556. It is also 97% higher than the national median of $80,734. The poverty rate stands at 8.7%. This is 11% lower than the state poverty rate of 9.7%. The unemployment rate is 5.4%. This is 15% lower than the state rate of 6.3%. The median home value is $791,400. Housing costs are 74% higher than the state median of $454,400. The home-value-to-income ratio is 5.0x. 69.8% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Florham Park is White (non-Hispanic), making up 66.4% of the population. Asian residents account for 11.0%. The Hispanic or Latino population (7.8%) is well below the state average of 22.5%.

Education

69.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 60% 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 98.9%. Notably, 33.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Florham Park, 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 Florham Park, New Jersey?

Florham Park, New Jersey has a population of 13,564 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Florham Park, NJ?

The median household income in Florham Park is $158,696, which is 97% higher than the national median of $80,734.

What is the poverty rate in Florham Park, NJ?

The poverty rate in Florham Park is 8.7%. This means approximately 1,048 residents live below the federal poverty line.

What is the racial makeup of Florham Park, New Jersey?

Florham Park's population is 66.4% White, 9.4% Black, 7.8% Hispanic/Latino, and 11.0% Asian.

What is the median home value in Florham Park, NJ?

The median home value in Florham Park is $791,400. The home-value-to-income ratio is 5.0x.

How educated is Florham Park, New Jersey?

69.9% of adults (25+) in Florham Park hold a bachelor's degree or higher, and 33.6% hold a graduate or professional degree.