Zip code 07931: Far Hills, New Jersey
Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.
About 07931
07931 is a small-town zip code in Far Hills, New Jersey (Somerset County), covering 22 sq mi of land. About 2,985 people live here, or 136 per square mile. The median resident is 47.7 years old, compared with 38.9 nationally.
The median household earns $201,078 a year, about 2.5× the national median of $80,734. 4.1% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $1,165,700, or 5.8 years of median household income (U.S.: 4.1 years), which makes homes relatively expensive for local earners. 83% of occupied homes are lived in by their owners, and renters pay a median of $3,500+ a month.
70% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 36.8 minutes each way, and 28% of workers work from home. The most common jobs among working residents are in management; business and finance; and sales. 22% of them are self-employed (U.S.: 10%).
How 07931 compares
- Median household income$201,07899thStrengthU.S. $80,734 · NJ $103,55651st of 566 in NJ
- Per capita income$132,46499thStrengthU.S. $44,673 · NJ $54,25310th of 579 in NJ
- Median gross rent$3,500+99thU.S. $1,413 · NJ $1,72011th of 517 in NJ
- 98thU.S. 10% · NJ 8.9%19th of 578 in NJ
- 98thWeaknessU.S. 0.483 · NJ 0.4789th of 574 in NJ
- Median home value$1,165,70097thU.S. $332,700 · NJ $454,40015th of 563 in NJ
- Median earnings per worker$94,67197thStrengthU.S. $49,666 · NJ $60,47476th of 575 in NJ
- 95thStrengthU.S. 35.7% · NJ 43.6%80th of 580 in NJ
- Average commute36.8 min94thWeaknessU.S. 26.4 min · NJ 30.5 min65th of 563 in NJ
- 93rdU.S. 17.2% · NJ 17.2%66th of 580 in NJ
- Median age47.792ndU.S. 38.9 · NJ 40.1105th of 579 in NJ
- Work from home28.2%92ndU.S. 15.1% · NJ 16.8%65th of 577 in NJ
- Homeownership rate82.9%85thStrengthU.S. 65.2% · NJ 63.8%212th of 576 in NJ
- Housing vacancy12.4%80thU.S. 10.1% · NJ 7.5%59th of 576 in NJ
- 74thU.S. 5.2% · NJ 6.3%191st of 578 in NJ
- 64thU.S. 14.1% · NJ 23.9%281st of 580 in NJ
- 60thU.S. 51.1% · NJ 51.6%252nd of 553 in NJ
- Broadband access93.2%59thU.S. 91% · NJ 92.8%363rd of 576 in NJ
- Tech workers3.3%58thU.S. 3.8% · NJ 4.8%317th of 578 in NJ
- Uninsured rate7.4%55thU.S. 8.4% · NJ 7.5%126th of 579 in NJ
- Residents under 1820.4%35thU.S. 22% · NJ 21.8%305th of 580 in NJ
- Veterans3.5%20thU.S. 6.2% · NJ 3.7%319th of 580 in NJ
- Population density136/sq mi16thU.S. 95/sq mi · NJ 1,270/sq mi549th of 580 in NJ
- Diversity index22.815thU.S. 61.4 · NJ 66.4514th of 580 in NJ
- Poverty rate4.1%7thStrengthU.S. 12.5% · NJ 9.7%395th of 579 in NJ
- Population2,9855thU.S. 334,922,499 · NJ 9,343,809487th of 580 in NJ
- 3rdU.S. 9.7% · NJ 9.2%529th of 578 in NJ
- 3rdU.S. 14.5% · NJ 14.3%553rd of 578 in NJ
| Measure | 07931 | Somerset | NJ | U.S. | National percentile | Rank in NJ |
|---|---|---|---|---|---|---|
| Median household incomeStrength | $201,078 | $140,374 | $103,556 | $80,734 | 51st of 566 | |
| Per capita incomeStrength | $132,464 | $72,193 | $54,253 | $44,673 | 10th of 579 | |
| Median gross rent | $3,500+ | $2,033 | $1,720 | $1,413 | 11th of 517 | |
| Self-employed workers | 21.8% | 8.7% | 8.9% | 10% | 19th of 578 | |
| Income inequality (Gini)Weakness | 0.557 | 0.460 | 0.478 | 0.483 | 9th of 574 | |
| Median home value | $1,165,700 | $552,100 | $454,400 | $332,700 | 15th of 563 | |
| Median earnings per workerStrength | $94,671 | $73,820 | $60,474 | $49,666 | 76th of 575 | |
| Bachelor's degree or higherStrength | 69.7% | 57.8% | 43.6% | 35.7% | 80th of 580 | |
| Average commuteWeakness | 36.8 min | 31.4 min | 30.5 min | 26.4 min | 65th of 563 | |
| Residents 65 and older | 26% | 17% | 17.2% | 17.2% | 66th of 580 | |
| Median age | 47.7 | 41.8 | 40.1 | 38.9 | 105th of 579 | |
| Work from home | 28.2% | 22.7% | 16.8% | 15.1% | 65th of 577 | |
| Homeownership rateStrength | 82.9% | 74.3% | 63.8% | 65.2% | 212th of 576 | |
| Housing vacancy | 12.4% | 2.1% | 7.5% | 10.1% | 59th of 576 | |
| Unemployment rate | 6.5% | 4.7% | 6.3% | 5.2% | 191st of 578 | |
| Foreign-born residents | 14.6% | 27.9% | 23.9% | 14.1% | 281st of 580 | |
| Rent-burdened renters | 53.2% | 49% | 51.6% | 51.1% | 252nd of 553 | |
| Broadband access | 93.2% | 95.8% | 92.8% | 91% | 363rd of 576 | |
| Tech workers | 3.3% | 7.8% | 4.8% | 3.8% | 317th of 578 | |
| Uninsured rate | 7.4% | 5.4% | 7.5% | 8.4% | 126th of 579 | |
| Residents under 18 | 20.4% | 21.2% | 21.8% | 22% | 305th of 580 | |
| Veterans | 3.5% | 3.2% | 3.7% | 6.2% | 319th of 580 | |
| Population density | 136/sq mi | 1,159/sq mi | 1,270/sq mi | 95/sq mi | 549th of 580 | |
| Diversity index | 22.8 | 67.8 | 66.4 | 61.4 | 514th of 580 | |
| Poverty rateStrength | 4.1% | 5.4% | 9.7% | 12.5% | 395th of 579 | |
| Population | 2,985 | 349,846 | 9,343,809 | 334,922,499 | 487th of 580 | |
| Healthcare workers | 4.7% | 8.8% | 9.2% | 9.7% | 529th of 578 | |
| Government workers | 6.8% | 11.9% | 14.3% | 14.5% | 553rd of 578 |
The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.
People
Age
Race and ethnicity
- White88%
- Black1%
- Hispanic5%
- Asian5%
- Native American0%
- Pacific Islander0%
- Other0.0%
- Multiracial1.0%
Language spoken at home (households)
Households
- Households
- 1,191
- Average household size
- 2.5
- Family households
- 75.5%
- Married couples
- 68.4%
- Living alone
- 19.6%
- Veterans (of adults)
- 3.5%
- Male / female
- 48% / 52%
Income and poverty
Household income distribution
Median household income
Housing
Median home value
Median gross rent
Types of housing
- Housing units
- 1,360
- Owner-occupied
- 82.9%
- Vacant
- 12.4%
- Median year built
- 1984
- Median rooms
- 9 or more
- Renters paying 30%+ of income
- 53.2%
- Renters paying 50%+ of income
- 39.4%
- Home value to income
- 5.8× (U.S. 4.1×)
Work and commute
How people get to work
Commute time (one way)
Jobs and careers
Occupations
Industries
Median earnings by type of work
| Type of work | 07931 | U.S. |
|---|---|---|
| Management, business, science and arts | $120,795 | $74,888 |
| Service | $40,938 | $26,804 |
| Sales and office | $63,250 | $40,476 |
| Construction and maintenance | $90,833 | $49,199 |
| Production and transportation | $14,583 | $39,989 |
Education, internet and health coverage
Highest education (adults 25+)
- High school graduate or higher
- 97.2%
- Bachelor's degree or higher
- 69.7%
- Graduate or professional degree
- 34.4%
- Households with broadband
- 93.2%
- Cable, fiber or DSL
- 87.2%
- No internet access
- 5.9%
- Without health insurance
- 7.4%
- Limited-English households
- 1.2%
Geography
- City (USPS)
- Far Hills
- State
- New Jersey
- County
- Somerset County
- Center point
- 40.6814° N, 74.6165° W
- Land area
- 22 sq mi
- Water area
- 0.1 sq mi
- Time zone
- Eastern Time (UTC-5, UTC-4 in summer)
- Zip type
- Residential delivery area
07931 spans 2 counties
- Somerset County75% of land
- Morris County25% of land
Cities and towns within this zip
- Far Hills22% of zip
- Peapack and Gladstone9% of zip
- Bernardsville4% of zip
- Bedminster (unincorporated)2% of zip
Census places overlapping the zip's area. Mail may use a different city name than the municipality.
Zip codes near 07931
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 07938 | Liberty Corner, NJ · PO box | 2.4 mi | — |
| 07977 | Peapack, NJ | 2.8 mi | $150,875 |
| 07978 | Pluckemin, NJ · PO box | 2.9 mi | — |
| 07920 | Basking Ridge, NJ | 3.3 mi | $192,857 |
| 07924 | Bernardsville, NJ | 3.3 mi | $236,042 |
| 07939 | Lyons, NJ | 3.5 mi | — |
| 07921 | Bedminster, NJ | 3.7 mi | $123,104 |
| 07934 | Gladstone, NJ | 4.2 mi | $245,429 |
| 07946 | Millington, NJ | 5.7 mi | $208,587 |
| 07059 | Warren, NJ | 6 mi | $212,479 |
| 08807 | Bridgewater, NJ | 6.1 mi | $168,696 |
| 07979 | Pottersville, NJ | 6.3 mi | — |
Zip codes like 07931 elsewhere
Questions about 07931
What city is zip code 07931?
07931 is assigned to Far Hills, New Jersey. The city name is the one the Postal Service prefers for mail addressed to this zip code.
What county is 07931 in?
07931 is mostly in Somerset County, but it extends into 1 other county.
What is the population of 07931?
About 2,985 people live in 07931, according to the Census Bureau's American Community Survey.
What time zone is 07931 in?
07931 is in Eastern Time.
What is the median household income in 07931?
The median household income in 07931 is $201,078.
What zip codes are near 07931?
The closest zip codes to 07931 are 07938, 07977, 07978, 07920, 07924.
Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 07931, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.