Far Hills

Population: 1,004
Median household income: $152,188
Median home value: $798,900

Far Hills, a community in Somerset County, New Jersey, has 1,004 residents. At $152,188, its median household income sits above Somerset County's $135,960.

Between 2019 and 2023, Far Hills's population grew 16.7% from 860 to 1,004, while its median home value rose 1.2% from $789,100 to $798,900.

60.7% of homes are single-family detached houses. The typical home was built around 1989.

Demographics

ACS 2019–2023

Population: 1,004
Median age: 49.7 yrs
Median household income: $152,188
Median home value: $798,900
Median gross rent: $1,495
Housing units: 435
Homeownership rate: 82.7%
Bachelor's degree or higher: 59.2%
Unemployment rate: 4.7%

Trends

ACS 5-year · 2019–2023

Population

8601,004

Median household income

$127,639$152,188

Median home value

$789,100$798,900

Median gross rent

$2,167$1,495

Year	Population	Median household income	Median home value	Median gross rent
2019	860	$127,639	$789,100	$2,167
2020	915	$124,219	$687,500	$2,031
2021	1,001	$129,375	$691,100	$1,900
2022	1,047	$145,139	$753,700	$2,111
2023	1,004	$152,188	$798,900	$1,495

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

Age distribution

Under 51.5%

5 to 1714.9%

18 to 247.1%

25 to 344.3%

35 to 4412.2%

45 to 5418.5%

55 to 6416.6%

65 to 7416.5%

75 and over8.4%

	Count	Share
Under 5	15	1.5%
5 to 17	150	14.9%
18 to 24	71	7.1%
25 to 34	43	4.3%
35 to 44	122	12.2%
45 to 54	186	18.5%
55 to 64	167	16.6%
65 to 74	166	16.5%
75 and over	84	8.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	778	77.5%
Black or African American	15	1.5%
American Indian & Alaska Native	0	0.0%
Asian	49	4.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	29	2.9%
Hispanic or Latino (any race)	133	13.2%

Educational attainment (age 25+)

No high school diploma1.2%

High school graduate21.6%

Some college or associate's18.0%

Bachelor's degree28.0%

Graduate or professional degree31.3%

	Count	Share
No high school diploma	9	1.2%
High school graduate	166	21.6%
Some college or associate's	138	18.0%
Bachelor's degree	215	28.0%
Graduate or professional degree	240	31.3%

Commute to work

Mean travel time to work: 33 min

Drove alone68.0%

Carpooled6.5%

Public transit2.6%

Walked2.1%

Bicycle0.0%

Worked from home20.8%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	386	68.0%
Carpooled	37	6.5%
Public transit	15	2.6%
Walked	12	2.1%
Bicycle	0	0.0%
Worked from home	118	20.8%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	93	20.7%
15 to 29 min	175	38.9%
30 to 44 min	76	16.9%
45 to 59 min	29	6.4%
60+ min	77	17.1%

Households

Average household size: 2.41
Poverty rate: 5.3% (53 of 998)

	Count	Share
Family households	286	68.6%
Nonfamily households	131	31.4%

Housing

Median year structure built: 1989

Occupancy

	Count	Share
Occupied	417	95.9%
Vacant	18	4.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	345	82.7%
Renter-occupied	72	17.3%

1-unit, detached60.7%

1-unit, attached24.6%

2 to 4 units9.2%

5 to 19 units3.2%

20 or more units2.3%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	264	60.7%
1-unit, attached	107	24.6%
2 to 4 units	40	9.2%
5 to 19 units	14	3.2%
20 or more units	10	2.3%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3422890
Type (LSAD): 21
Land area: 4.85 sq mi
Water area: 0.05 sq mi
Center point: 40.6909, -74.6215