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New Vernon, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, New Vernon, New Jersey had a total population of 743, the 577th largest community in New Jersey. The poverty rate is 11.7%.

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

Key Takeaways

New Vernon Quick Facts

Population 743
Median Household Income N/A
Median Home Value $1,566,200
Poverty Rate 11.7%
Unemployment Rate 0.0%
Median Age 50.2 years
Homeownership Rate 67.9%
Affordability Ratio N/A
Bachelor's Degree or Higher 82.4%
High School Graduation Rate 100.0%
Diversity Index 20/100
Population 743 577th of 700
Median Income N/A
Poverty Rate 11.7% 6% lower than national
Median Home Value $1,566,200 top 10%

How New Vernon 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
Population791743-6.1%
Median home value$1,606,500$1,566,200-2.5%

How New Vernon Compares

Economy & Housing

Household Income Distribution

Under $25K 18.5%
$25K-$50K 0.0%
$50K-$100K 28.3%
$100K+ 53.2%
Detailed income brackets
Under $10K
10.6%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
7.9%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
0.0%
$60K-$75K
28.3%
$75K-$100K
0.0%
$100K-$125K
2.3%
$125K-$150K
0.0%
$150K-$200K
4.2%
$200K+
46.8%

Employment

0.0% Unemployment Rate State: 6.3%|National: 5.2%
50.7% Labor Force Participation

Housing Overview

Owner 67.9%
Renter 32.1%
Median gross rent $3,207/mo

People & Demographics

Diversity Index

20out of 100
Very Low Diversity

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

State average: 66 | National average: 61

Education

New Vernon Rankings in New Jersey

#577 Population of 700
N/A Median Income of 662
#19 Education of 699
#13 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 New Vernon

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Milmay748$61,250$295,60029.3%7.5%
Dennisville736$96,148$358,70036.0%11.4%
Elwood733$85,954$208,90016.5%10.3%
Allenwood757$224,704$758,00060.8%4.4%
Andover728$92,750$400,00042.9%4.5%

A note before these figures: with a population of 743, New Vernon'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

New Vernon is a small community located in New Jersey, within Morris County. The total population is 743. It ranks as the 577th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in New Vernon is 50.2 years. This is 25% higher than the state median of 40.1 years.

Economy, Income & Housing

The poverty rate stands at 11.7%. This is 20% higher than the state poverty rate of 9.7%. The survey records no unemployed residents in New Vernon, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $1,566,200. Housing costs are 245% higher than the state median of $454,400. 67.9% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 63.8%.

Race & Ethnicity

New Vernon has a predominantly White (non-Hispanic) population, comprising 88.4% of all residents. Hispanic or Latino residents account for 11.6%. The White (non-Hispanic) population is significantly higher than the state average (88.4% vs 50.9%).

Education

82.4% of residents aged 25 and older hold a bachelor's degree or higher. This places New Vernon in the top 10% of all cities in the state for educational attainment. This is 89% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample. Notably, 39.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for New Vernon, 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 New Vernon, New Jersey?

New Vernon, New Jersey has a population of 743 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Vernon, NJ?

The Census Bureau does not publish a reliable median household income estimate for New Vernon — the community is too small for the ACS sample. The national median is $80,734.

What is the poverty rate in New Vernon, NJ?

The poverty rate in New Vernon is 11.7%. This means approximately 87 residents live below the federal poverty line.

What is the racial makeup of New Vernon, New Jersey?

New Vernon's population is 88.4% White, 0.0% Black, 11.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in New Vernon, NJ?

The median home value in New Vernon is $1,566,200.

How educated is New Vernon, New Jersey?

82.4% of adults (25+) in New Vernon hold a bachelor's degree or higher, and 39.3% hold a graduate or professional degree.