Far Hills vs Newark
| Far Hills | Newark | |
|---|---|---|
| Population | 1,047 | 307,355 |
| Median Household Income | $143,250 | $52,060 |
| Median Home Value | $792,100 | $373,700 |
| Median Gross Rent | $1,554/mo | $1,392/mo |
| Homeownership Rate | 87.1% | 24.4% |
| Unemployment Rate | 7.2% | 11.6% |
| Bachelor's Degree or Higher | 61.7% | 19.7% |
| Median Age | 50.3 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.