Florham Park vs Madison

A side-by-side comparison of Florham Park and Madison: population, income, housing, and more.

Florham Park and Madison are places in New Jersey. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Madison has the higher population (16,464 vs 13,134 in Florham Park). Madison has the higher median household income ($168,469 vs $147,714 in Florham Park). Madison has the higher median home value ($882,900 vs $722,700 in Florham Park).

Population, income & housing

	Florham Park	Madison
Population	13,134	16,464
Median age	39.9 yrs	39.0 yrs
Median household income	$147,714	$168,469
Median home value	$722,700	$882,900
Median gross rent	$3,009	$2,248
Housing units	4,914	5,721
Homeownership rate	69.6%	64.2%
Bachelor's degree or higher	66.3%	70.7%
Unemployment rate	4.6%	6.8%

Trends (ACS 5-year, 2019–2023)

	Florham Park	Madison
Population	11,623 → 13,134 (+13.0%)	16,377 → 16,464 (+0.5%)
Median household income	$128,071 → $147,714 (+15.3%)	$146,157 → $168,469 (+15.3%)
Median home value	$645,800 → $722,700 (+11.9%)	$724,700 → $882,900 (+21.8%)
Median gross rent	$2,441 → $3,009 (+23.3%)	$1,807 → $2,248 (+24.4%)

Florham Park

Population

11,62313,134

Median household income

$128,071$147,714

Median home value

$645,800$722,700

Median gross rent

$2,441$3,009

Madison

Population

16,37716,464

Median household income

$146,157$168,469

Median home value

$724,700$882,900

Median gross rent

$1,807$2,248

Age & race/ethnicity

Age distribution (share)

	Florham Park	Madison
Under 5	3.3%	5.3%
5 to 17	14.3%	17.6%
18 to 24	18.0%	13.6%
25 to 34	9.0%	9.6%
35 to 44	11.4%	12.1%
45 to 54	10.5%	14.2%
55 to 64	12.6%	14.2%
65 to 74	10.6%	6.9%
75 and over	10.4%	6.5%

Race & ethnicity (share)

	Florham Park	Madison
White (non-Hispanic)	66.8%	73.8%
Black or African American	9.0%	1.1%
American Indian & Alaska Native	0.1%	0.0%
Asian	10.5%	5.8%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.7%	0.4%
Two or more races	2.7%	4.6%
Hispanic or Latino	10.2%	14.2%

Educational attainment (age 25+)

Share of adults 25+

	Florham Park	Madison
No high school diploma	1.9%	3.3%
High school graduate	13.3%	14.6%
Some college or associate's	18.5%	11.4%
Bachelor's degree	34.8%	39.9%
Graduate or professional degree	31.5%	30.8%

Commute to work

How workers get to work (share)

	Florham Park	Madison
Drove alone	57.5%	52.9%
Carpooled	5.1%	3.4%
Public transit	5.3%	8.1%
Walked	4.5%	8.2%
Bicycle	0.0%	0.6%
Worked from home	26.4%	25.2%
Other means	1.2%	1.6%

Housing

Units in structure (share)

	Florham Park	Madison
1-unit, detached	49.7%	62.8%
1-unit, attached	13.3%	6.8%
2 to 4 units	4.5%	15.3%
5 to 19 units	16.3%	7.8%
20 or more units	16.2%	7.2%
Mobile home & other	0.0%	0.0%

Poverty & households

	Florham Park	Madison
Poverty rate	7.8%	2.8%
Average household size	2.50	2.68
Mean commute (minutes)	26	27
Median year structure built	1984	1959