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The total population of Far Hills is estimated to be 1,047 with 505 males (48.23%) and 542 females (51.77%). There are 37 more females than males in Far Hills.
The median household income in Far Hills was $139,843 in 2021, which marked an a decrease of 915(0.65%) from $140,758 in 2020. This income is 187.44% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Far Hills sees its highest median household income among householders in the age group of 45 to 64 years old, at $150,483. Overall, the median household income for the borough of Far Hills stands at $139,843.
In Far Hills, the median income for all workers aged 15 years and older, regardless of work hours, was $86,718 for males and $25,972 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $90,129 for males and $69,809 for females.
In Far Hills, population is primarily represented by White households, reporting a median income of $147,274.
In 2022, the population of Far Hills was 915, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Far Hills's population was 915, a decline of 0.54% compared to a population of 920 in 2020.
The median age in Far Hills, NJ is 50.5, as per 2021 ACS 5-Year Estimates. Of the total population, 9.49% were under the age of 15, 17.18% aged 15 to 29, 48.35% aged 30 to 64, 23.78% aged 65 to 84, and 1.20% were 85 years of age and older.
Racial distribution of Far Hills population: 87.51% are White, 0.70% are Black or African American, 1.40% are Asian, 5.39% are some other race and 5% are multiracial.