Far Hills, NJ
Population 1,004 · New Jersey
About Far Hills, NJ
Far Hills is a small community in New Jersey with a population of 1,004 residents. The median household income is $152,188 per year, which is above the national average. The median age in Far Hills is 49.7 years.
Housing in Far Hills has a median home value of $798,900 and median monthly rent of $1,495. Of the 435 total housing units, the majority are owner-occupied, with 345 owner-occupied and 72 renter-occupied units.
The unemployment rate in Far Hills is 4.7% and the poverty rate is 5.3%. 59.2% of residents hold a bachelor's degree or higher. The average commute time is 32.7 minutes.
Cost of Living in Far Hills, NJ
Compared to national averages, Far Hills has a median household income of $152,188 (103% above the national median of $75,149). Home values average $798,900, which is 226% above the national median. Monthly rent at $1,495 is 29% above the US average of $1,163. Within New Jersey, Far Hills's income is 32% above the state average of $115,667, and home values are 70% above the state median of $469,644.
Why Live in Far Hills, NJ?
Far Hills offers a strong local economy with a median household income of $152,188, well above the national average, and a well-educated community where 59.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $798,900. However, Far Hills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Far Hills has a population of 1,004 with a median age of 49.7 years. Compare Far Hills with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Far Hills
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ship Bottom | 1,009 | $111,250 | $910,000 | Compare |
| The Ponds | 995 | $70,825 | $338,800 | Compare |
| Crosswicks | 986 | $156,063 | $608,800 | Compare |
| Cologne | 1,023 | $101,723 | $330,500 | Compare |
| Flagtown | 985 | $220,677 | $650,200 | Compare |
| Hi-Nella | 984 | $75,227 | $235,800 | Compare |
| Vernon Valley | 983 | $123,707 | $321,600 | Compare |
| Audubon Park | 979 | $53,333 | $93,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Far Hills
What is the population of Far Hills, NJ?
The population of Far Hills, NJ is 1,004 according to the latest Census data.
What is the median household income in Far Hills?
The median household income in Far Hills, NJ is $152,188 per year.
What is the median home value in Far Hills?
The median home value in Far Hills, NJ is $798,900.
What is the average rent in Far Hills?
The median monthly rent in Far Hills, NJ is $1,495.
What is the unemployment rate in Far Hills?
The unemployment rate in Far Hills, NJ is 4.7%.