Lower Berkshire Valley

Population: 532
Median household income: $99,957
Median home value: $392,000

Lower Berkshire Valley is a community in Morris County, New Jersey, home to 532 residents. The median household income of $99,957 is below the Morris County median ($134,929).

From 2020 to 2023, Lower Berkshire Valley's population grew 4.1% from 511 to 532, while its median home value rose 7.4% from $365,000 to $392,000.

6.4% of residents live below the poverty line. Households average 2.60 people.

Demographics

ACS 2019–2023

Population: 532
Median age: 52.8 yrs
Median household income: $99,957
Median home value: $392,000
Median gross rent: —
Housing units: 238
Homeownership rate: 91.2%
Bachelor's degree or higher: 45.6%
Unemployment rate: 5.7%

Trends

ACS 5-year · 2019–2023

Population

511532

Median household income

$100,625$99,957

Median home value

$365,000$392,000

Year	Population	Median household income	Median home value
2020	511	$100,625	$365,000
2021	564	$121,136	$365,900
2022	471	$131,154	$384,700
2023	532	$99,957	$392,000

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.9%

5 to 175.6%

18 to 2410.9%

25 to 3411.5%

35 to 444.3%

45 to 5424.8%

55 to 6422.4%

65 to 7410.2%

75 and over6.4%

	Count	Share
Under 5	21	3.9%
5 to 17	30	5.6%
18 to 24	58	10.9%
25 to 34	61	11.5%
35 to 44	23	4.3%
45 to 54	132	24.8%
55 to 64	119	22.4%
65 to 74	54	10.2%
75 and over	34	6.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	354	66.5%
Black or African American	60	11.3%
American Indian & Alaska Native	0	0.0%
Asian	20	3.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	66	12.4%
Hispanic or Latino (any race)	32	6.0%

Educational attainment (age 25+)

No high school diploma1.9%

High school graduate23.6%

Some college or associate's28.8%

Bachelor's degree40.9%

Graduate or professional degree4.7%

	Count	Share
No high school diploma	8	1.9%
High school graduate	100	23.6%
Some college or associate's	122	28.8%
Bachelor's degree	173	40.9%
Graduate or professional degree	20	4.7%

Commute to work

Mean travel time to work: 55 min

Drove alone69.2%

Carpooled14.7%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home16.1%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	202	69.2%
Carpooled	43	14.7%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	47	16.1%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	78	31.8%
15 to 29 min	21	8.6%
30 to 44 min	40	16.3%
45 to 59 min	11	4.5%
60+ min	95	38.8%

Households

Average household size: 2.60
Poverty rate: 6.4% (34 of 532)

	Count	Share
Family households	169	82.4%
Nonfamily households	36	17.6%

Housing

Median year structure built: 1964

Occupancy

	Count	Share
Occupied	205	86.1%
Vacant	33	13.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	187	91.2%
Renter-occupied	18	8.8%

1-unit, detached97.5%

1-unit, attached2.5%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	232	97.5%
1-unit, attached	6	2.5%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3441700
Type (LSAD): 57
Land area: 1.01 sq mi
Water area: 0.02 sq mi
Center point: 40.9122, -74.6140