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Mendham, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Mendham, New Jersey had a total population of 4,973, the 296th largest borough in New Jersey, with a median household income of $211,944, which is 105% higher than the state average. The poverty rate is 3.5%.

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

Key Takeaways

Mendham Quick Facts

Population 4,973
Median Household Income $211,944
Median Home Value $819,800
Poverty Rate 3.5%
Unemployment Rate 3.4%
Median Age 46.5 years
Homeownership Rate 85.9%
Affordability Ratio 3.9x
Bachelor's Degree or Higher 80.7%
High School Graduation Rate 98.7%
Diversity Index 36/100
Population 4,973 296th of 700
Median Income $211,944 top 10%
Poverty Rate 3.5% 72% lower than national
Median Home Value $819,800 top 20%

How Mendham 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
Population4,9774,973-0.1%
Median household income$223,750$211,944-5.3%
Median home value$764,000$819,800+7.3%

How Mendham Compares

Economy & Housing

Household Income Distribution

Under $25K 2.9%
$25K-$50K 7.6%
$50K-$100K 17.8%
$100K+ 71.6%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
1.5%
$15K-$20K
0.9%
$20K-$25K
0.5%
$25K-$30K
2.4%
$30K-$35K
1.0%
$35K-$40K
1.9%
$40K-$45K
1.4%
$45K-$50K
0.8%
$50K-$60K
2.4%
$60K-$75K
5.3%
$75K-$100K
10.2%
$100K-$125K
4.5%
$125K-$150K
6.6%
$150K-$200K
7.9%
$200K+
52.7%

Employment

3.4% Unemployment Rate State: 6.3%|National: 5.2%
66.6% Labor Force Participation

Housing Overview

Owner 85.9%
Renter 14.1%
Affordability Index Affordable
3.9x home value to income ratio
Median gross rent $3,501/mo 19.8% of median household income annually

People & Demographics

Diversity Index

36out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 66 | National average: 61

Education

Mendham Rankings in New Jersey

#296 Population of 700
#45 Median Income of 662
#28 Education of 699
#76 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
Florham Park 13,564 $158,696 8.7% $791,400
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

Cities Similar to Mendham

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Demarest4,911$208,036$1,114,60075.9%1.1%
East Freehold5,096$189,219$645,90062.5%4.7%
Harrington Park4,954$180,500$776,90073.1%6.8%
Brielle4,956$172,250$849,10066.8%1.3%
Troy Hills5,179$183,707$650,50063.5%6.0%

Population Overview

Mendham is a small community located in New Jersey, within Morris County. The total population is 4,973. It ranks as the 296th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Mendham is 46.5 years. This is 16% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Mendham is $211,944. This is 105% higher than the state median of $103,556. It is also 163% higher than the national median of $80,734. The poverty rate stands at 3.5%. This is 64% lower than the state poverty rate of 9.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.4%. This is 46% lower than the state rate of 6.3%. The median home value is $819,800. Housing costs are 80% higher than the state median of $454,400. The home-value-to-income ratio is 3.9x. 85.9% of occupied housing units are owner-occupied. This homeownership rate is 35% higher than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Mendham is White (non-Hispanic), making up 79.1% of the population. Asian residents account for 6.6%. The White (non-Hispanic) population is significantly higher than the state average (79.1% vs 50.9%). The Black or African American population (0.4%) is well below the state average of 12.2%. The Hispanic or Latino population (6.3%) is well below the state average of 22.5%.

Education

80.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Mendham in the top 10% of all cities in the state for educational attainment. This is 85% 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 98.7%. Notably, 39.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Mendham, 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 Mendham, New Jersey?

Mendham, New Jersey has a population of 4,973 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Mendham, NJ?

The median household income in Mendham is $211,944, which is 163% higher than the national median of $80,734.

What is the poverty rate in Mendham, NJ?

The poverty rate in Mendham is 3.5%. This means approximately 171 residents live below the federal poverty line.

What is the racial makeup of Mendham, New Jersey?

Mendham's population is 79.1% White, 0.4% Black, 6.3% Hispanic/Latino, and 6.6% Asian.

What is the median home value in Mendham, NJ?

The median home value in Mendham is $819,800. The home-value-to-income ratio is 3.9x.

How educated is Mendham, New Jersey?

80.7% of adults (25+) in Mendham hold a bachelor's degree or higher, and 39.9% hold a graduate or professional degree.