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The total population of Florham Park is estimated to be 12,790 with 6,269 males (49.01%) and 6,521 females (50.99%). There are 252 more females than males in Florham Park.
The median household income in Florham Park was $144,862 in 2021, which marked an an increase of 7,525(5.48%) from $137,337 in 2020. This income is 194.17% 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, Florham Park sees its highest median household income among householders in the age group of 45 to 64 years old, at $189,859. Overall, the median household income for the borough of Florham Park stands at $144,862.
In Florham Park, the median income for all workers aged 15 years and older, regardless of work hours, was $71,225 for males and $37,014 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $124,735 for males and $88,724 for females.
In Florham Park, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Asian households have the highest median household income at $170,514, while Black or African American households represent the opposite end with the lowest median household income of $50,528.
In 2022, the population of Florham Park was 13,325, a 2.54% increase year-by-year from 2021. Previously, in 2021, Florham Park's population was 12,995, an increase of 3.06% compared to a population of 12,609 in 2020.
The median age in Florham Park, NJ is 40.6, as per 2021 ACS 5-Year Estimates. Of the total population, 13.38% were under the age of 15, 28.75% aged 15 to 29, 38.99% aged 30 to 64, 14.80% aged 65 to 84, and 4.09% were 85 years of age and older.
Racial distribution of Florham Park population: 77.71% are White, 5.51% are Black or African American, 0.24% are American Indian and Alaska Native, 11.68% are Asian, 1.36% are some other race and 3.50% are multiracial.