Stanhope borough, New Jersey Demographics & Population 2026
As of 2026, Stanhope borough, New Jersey has a total population of 3,551, the 359th largest city in New Jersey, with a median household income of $134,583, which is 33% higher than the state average. The poverty rate is 2.5%.
Key Takeaways
- Household income is 33% above the state average — one of the wealthiest communities in New Jersey.
- An exceptionally low poverty rate of 2.5% — among the lowest in New Jersey.
- Housing is very affordable with a home-value-to-income ratio of just 2.4x.
Stanhope borough Quick Facts
How Stanhope borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
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: 65 | National average: 60
Education
Educational Attainment (Adults 25+)
Stanhope borough Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Sussex County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hopatcong borough | 14,470 | $114,057 | 4.2% | $318,600 |
| Newton town | 8,336 | $73,679 | 15.0% | $282,300 |
| Franklin borough | 4,938 | $90,152 | 8.0% | $253,100 |
| Hamburg borough | 3,293 | $90,655 | 7.6% | $258,200 |
| Ogdensburg borough | 2,231 | $104,946 | 7.0% | $311,900 |
| Sussex borough | 2,004 | $72,601 | 10.6% | $258,400 |
| Branchville borough | 724 | $124,167 | 4.8% | $299,600 |
| Andover borough | 716 | $78,750 | 4.9% | $355,400 |
Cities Similar to Stanhope borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Upper Greenwood Lake CDP | 3,621 | $124,297 | $331,400 | 38.8% | 3.2% |
| High Bridge borough | 3,584 | $116,424 | $298,600 | 48.8% | 3.8% |
| Robbinsville Center CDP | 3,808 | $131,202 | $515,400 | 68.3% | 8.8% |
| Port Reading CDP | 3,775 | $142,986 | $414,900 | 31.0% | 1.8% |
| Oakhurst CDP | 3,811 | $142,727 | $644,400 | 49.0% | 1.1% |
Population Overview
Stanhope borough is a small community located in New Jersey, within Sussex County. The total population is 3,551. It ranks as the 359th most populous out of 700 cities and towns in New Jersey.
Age Demographics
The median age in Stanhope borough is 40.6 years. This is 1% higher than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Stanhope borough is $134,583. This is 33% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 71% higher. The poverty rate stands at 2.5%. This is 74% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.1%. This is 33% lower than the state rate of 6.2%. The median home value is $326,000. Housing costs are 24% lower than the state median of $427,600. With a home-value-to-income ratio of just 2.4x, Stanhope borough is one of the most affordable housing markets in the area. 84.7% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 63.7%.
Race & Ethnicity
The largest racial or ethnic group in Stanhope borough is White (non-Hispanic), making up 79.9% of the population. Hispanic or Latino residents account for 11.8%. The White (non-Hispanic) population is significantly higher than the state average (79.9% vs 51.9%). The Black or African American population (3.1%) is well below the state average of 12.3%. The Asian population (0.4%) is well below the state average of 9.8%.
Education
39.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% lower than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.4%.
Data Sources & Methodology
All demographic data for Stanhope borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Stanhope borough, New Jersey?
Stanhope borough, New Jersey has a population of 3,551 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Stanhope borough, NJ?
The median household income in Stanhope borough is $134,583, which is 71% higher the national median of $78,538.
What is the poverty rate in Stanhope borough, NJ?
The poverty rate in Stanhope borough is 2.5%. This means approximately 90 residents live below the federal poverty line.
What is the racial makeup of Stanhope borough, New Jersey?
Stanhope borough's population is 79.9% White, 3.1% Black, 11.8% Hispanic/Latino, and 0.4% Asian.
What is the median home value in Stanhope borough, NJ?
The median home value in Stanhope borough is $326,000. The home-value-to-income ratio is 2.4x.
How educated is Stanhope borough, New Jersey?
39.1% of adults (25+) in Stanhope borough hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.