Moving to New Vernon
Morris County loses about 1.7 residents per 1,000 a year to moves between counties.
Where people come from and where they go, top counties
Within New Jersey, other states or abroad
Income per tax return
People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Morris County; flows under 20 returns are not published.
- Who moves here
- 5.3% of residents arrived from another county in the past year, 1.4% from another state. County figure.
- Who arrives and who leaves
- Households moving into Morris County report $134,700 a year in income on average; those leaving, $132,400.
- Income you would need
- $128,300 a year to rent the median home at the 30% line. From your city
- Rent or buy
- Median rent is $3,207 a month; owners with a mortgage pay $4,001 a month including taxes and insurance, on a median home of $1,566,200.
- Getting to work
- 30 minutes each way on average; 21.8% work from home; 3.3% take transit.
- If it is close but not quite
- Beverly Hills, CA matches it on character. Compare the two
All 5 moving measures
| Measure | New Vernon | Among 6,645 places | Vs median |
|---|---|---|---|
| Moved here in the past year1County figure | 5.3% | 8% below | |
| Moved from another state1County figure | 1.4% | 30% below | |
| Net movers per 1,000 people7County figure | -1.7 | 183% below | |
| Income of households moving in7County figure | $134,692 | 91% above | |
| Income of households moving out7County figure | $132,441 | 88% above |
What it costs to live here
Vacant homes is 0.0%, below the median place (median 7.1%).
Could you afford it?
Uses the median rent in New Vernon, $3,207 a month, and local prices for everything else (105.2 against a US average of 100). It runs in your browser and stores nothing.
Moving from somewhere else? Work out the salary you would need in New Vernon.
All 15 cost and housing measures
| Measure | New Vernon | Among 6,645 places | Vs median |
|---|---|---|---|
| Median gross rent1 | $3,207 | 135% above | |
| Rent to income1 | 38.2% | 87% above | |
| Home price to income1 | 15.5x | 309% above | |
| Prices vs US average2Metro figure | 112.6 | 12% above | |
| Fair market rent, 2 bedrooms3County figure | $2,233 | 38% above | |
| HUD area median income4County figure | $138,400 | 29% above | |
| Property tax paid (median)1 | $10,001 | 206% above | |
| Median home value1 | $1,566,200 | 390% above | |
| Home prices, 1-year change5County figure | 5.9% | 84% above | |
| Home prices, 5-year change5County figure | 52.9% | 3% above | |
| Homeownership1 | 67.9% | 2% above | |
| Renters paying 30%+1 | 85.9% | 70% above | |
| Owner costs with a mortgage1 | $4,001 | 114% above | |
| Vacant homes1 | 0.0% | below (median 7.1%) | |
| Median year built1 | 1946 | 2% below |
Work and pay
Unemployment is 0.0%, below the median place (median 4.9%).
All 10 work and pay measures
| Measure | New Vernon | Among 6,645 places | Vs median |
|---|---|---|---|
| Median household income1 | $100,844 | 26% above | |
| Income per person1 | $133,193 | 232% above | |
| Unemployment1 | 0.0% | below (median 4.9%) | |
| Average annual pay6County figure | $104,045 | 58% above | |
| Pay growth, 1 year6County figure | 2.8% | 24% below | |
| Jobs6County figure | 301,376 | 100% above | |
| Poverty rate1County figure | 4.9% | 54% below | |
| Mean commute1County figure | 30 min | 20% above | |
| Works from home1County figure | 21.8% | 75% above | |
| Commutes by transit1County figure | 3.3% | 285% above |
Who lives here
High school or higher is 100.0%, 8% above the median place.
All 8 people measures
| Measure | New Vernon | Among 6,645 places | Vs median |
|---|---|---|---|
| Population1 | 743 | 6646th largest | |
| Median age1 | 50.2 | 29% above | |
| Bachelor's or higher1 | 82.4% | 157% above | |
| High school or higher1 | 100.0% | 8% above | |
| Household size1 | 2.8 | 12% above | |
| Born abroad1County figure | 19.8% | 124% above | |
| No health insurance1County figure | 4.7% | 27% below | |
| Homes with broadband1 | 92.1% | 0% below |
Life in New Vernon
161 sites are on the National Register of Historic Places, 3 of them National Historic Landmarks.
Businesses per 10,000 residents (county figures)
Counts businesses with paid staff, so small owner-run shops are not included.
All 9 schools and local life measures
| Measure | New Vernon | Among 6,645 places | Vs median |
|---|---|---|---|
| Public schools10 | 1 | 89% below | |
| Public school students10 | 291 | 94% below | |
| Students per teacher10 | 6.8 | 56% below | |
| Restaurants and bars per 10k8County figure | 26.2 | 26% above | |
| Shops per 10k8County figure | 31.7 | 5% above | |
| Arts, recreation and fitness per 10k8County figure | 6.0 | 46% above | |
| Doctors' offices and clinics per 10k8County figure | 26.7 | 32% above | |
| Child care centers per 10k8County figure | 3.0 | 30% above | |
| National Register listings9County figure | 161 | above (median 13) |
Safety, weather and risk
Good air days is 84.4%, 23% above the median place.
No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached New Vernon. Larger places are fetched first.
All 11 weather and risk measures
| Measure | New Vernon | Among 6,645 places | Vs median |
|---|---|---|---|
| July average high11County figure | 84°F | 3% below | |
| January average low11County figure | 20°F | 22% below | |
| Average temperature11County figure | 51°F | 7% below | |
| Annual precipitation11County figure | 50.0 in | 14% above | |
| Natural hazard risk12County figure | 92.9 | 0% above | |
| Hurricane risk12County figure | 85.2 | 21% above | |
| Tornado risk12County figure | 79.9 | 2% below | |
| Wildfire risk12County figure | 30.0 | 51% below | |
| Heat wave risk12County figure | 89.2 | 1% below | |
| Median air quality index13County figure | 39 | 9% below | |
| Good air days13County figure | 84.4% | 23% above |
How it is changing
Five-year survey estimates, one point per release.
Median gross rent
Median household income
Median home value
Citytistics measures
Measures only Citytistics publishes, built from the figures on this page. Scores of 100 beat every place we track. Formulas
New Vernon in 2030: where the trends point
If recent trends hold, the median rent will take about 33% of the median income in 2030, down from 38% now.
Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.
| Measure | Latest | 2030 projection | Likely range | Avg. per year |
|---|---|---|---|---|
| Median rent | $3,207/mo (2024) | $4,160/mo | $3,410 to $5,070/mo | +4.4% |
| Median household income | $100,844 (2022) | $149,500 | $123,000 to $181,500 | +5.1% |
| Median home value | $1,566,200 (2024) | $1,926,000 | $1,398,000 to $2,654,000 | +3.5% |
The median home would be worth 12.9 years of the median income in 2030, against 15.5 now.
A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.
Places like New Vernon
The closest matches on income, rent, home value, education and age, and the places nearby.
| Place | Rent | Income | |
|---|---|---|---|
| Beverly Hills, CA | $2,830 | $132,977 | Compare |
| Rio del Mar, CA | $3,407 | $159,929 | Compare |
| Larkspur, CA | $3,001 | $140,417 | Compare |
| Santa Monica, CA | $2,402 | $114,885 | Compare |
Nearby
- Madison, NJ4 mi
- Morristown, NJ4 mi
- Basking Ridge, NJ5 mi
- New Providence, NJ5 mi
- Chatham, NJ5 mi
- Florham Park, NJ5 mi
Compare New Vernon with
Common questions
Is New Vernon a good place to live?
It depends on what you need, so here is what the numbers say. Between the 2020 and 2024 surveys, household income rose 24.6% a year while rent rose 7.3%, so pay gained on rent more than in 99% of the 2,476 places under 10,000 people we track. It is the 2nd-lowest of 287 New Jersey places. The median home is worth 15.5 years of the median household's income, more than in 99% of places its size. It is the highest of 287 New Jersey places. On cost, space and class size it scores 42 out of 100 for families. See how it ranks with your own weights.
Is New Vernon expensive to live in?
The median rent takes 38.2% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $1,566,200.
What salary do you need to live in New Vernon?
To rent the median home without spending more than 30% of income on rent, a household needs about $128,280 a year. Work it out from your current city.
What places are similar to New Vernon?
On income, rent, home value, education and age, the closest matches are Beverly Hills, CA, Rio del Mar, CA, Larkspur, CA and Santa Monica, CA.
Sources and methods
The small numbers beside each measure point here. Every dataset is public; links go to the publisher.
- American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
- Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
- Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
- Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
- House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
- Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
- SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
- County Business Patterns · US Census Bureau · 2023 data
- National Register of Historic Places · National Park Service · Listings through 2026-05-22
- Common Core of Data · National Center for Education Statistics · 2024 release
- 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
- National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
- Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files
Derived by Citytistics from the tables above: rent to income (B25064, B19013); home price to income (B25077, B19013).
What stands out compares New Vernon with places of a similar size, using only figures measured for New Vernon itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/new-vernon-new-jersey
Citytistics. “New Vernon, New Jersey.” Data as of 2026-11-14. https://www.citytistics.com/city/new-vernon-new-jersey/
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.