Florham Park vs Newark
| Florham Park | Newark | |
|---|---|---|
| Population | 12,790 | 307,355 |
| Median Household Income | $158,696 | $52,060 |
| Median Home Value | $791,400 | $373,700 |
| Median Gross Rent | $3,109/mo | $1,392/mo |
| Homeownership Rate | 69.8% | 24.4% |
| Unemployment Rate | 5.4% | 11.6% |
| Bachelor's Degree or Higher | 69.9% | 19.7% |
| Median Age | 40.9 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.