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Latest available · Census ACS 5-Year (2024)

What Is the Median Home Value in Morris County, New Jersey?

$582,500/home 4.6%vs 2023 ($557,000)

County · Census ACS 5-Year estimates

The median home value in Morris County, New Jersey is $582,500 (±$5,640), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,904/month, and the median household income is $137,326/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Median Home Value in Morris County, New Jersey and Neighbouring Counties

Hunterdon: $517,200Warren: $346,500Somerset: $552,100Essex: $524,100Sussex: $369,400Union: $529,200Morris County: $582,500Passaic: $459,500$517,200$346,500$552,100$524,100$369,400$529,200$582,500$459,500

Housing Metrics for Morris County, New Jersey

MetricValue
Median Home Value$582,500
Median Gross Rent$1,904
Median Household Income$137,326
Total Housing Units193,245
Renter-Occupied Units49,683
Renter-Occupied Share26%

How does Morris County, New Jersey compare?

Median home value ranked against all counties in New Jersey.

Higher home value than 91% of counties in New Jersey · 3rd of 21

Cheapest: Camden County($287,100)
Priciest: Bergen County($623,000)
#CountyValue
1Bergen County$623,000
2Monmouth County$606,100
3Morris County(you are here)$582,500
… 15 more …
19Camden County$287,100
20Salem County$239,500
21Cumberland County$221,400

Frequently asked questions

What is the median home value in Morris County, New Jersey?

The median home value in Morris County, New Jersey is $582,500, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent in Morris County, New Jersey?

The median gross rent in Morris County, New Jersey is $1,904/month, based on Census ACS 5-Year estimates (2024).

What is the median household income in Morris County, New Jersey?

The median household income in Morris County, New Jersey is $137,326/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $582,500 has a margin of error of ±$5,640. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.