07931 Zip Code Map | Maps, Demographics and Population for Far Hills, NJ

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07931 is a 5-digit zip code located in Far Hills, New Jersey. Far Hills is the primary city for 07931 and is located in Somerset. In the most recent US census the population of 07931 was 3422.

There are a total of 1,312 housing units in 07931, New Jersey. A total of 11.43% (150) are currently vacant.

Heading	Statistic
Timezone	GMT-5
City Name	Far Hills
Housing Units	1,312
Median Home Value	$986,000
Universities	0
Law Enforcement	1 Locations
Hospitals	0

Heading	Statistic
Current Population	3,422*
Avg Income	$155,703
Occupied Houses	1,237
Vacant Houses	150
* Population taken from the last census in 2020.

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County Map Showing 07931, New Jersey

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Population Figures for 07931

Total Population by Age

07931 has a total population of 3,422. In the bar chart and table below, this population is split into 18 different age range segments.

Most inhabitants of 07931 are in the 60 to 64 years age bracket. As of the last census, there are 355 people in this segment.

The 80 to 84 years segment is the smallest age range in 07931. There are just 13 people in this category.

Age Range	Population
Under 5	98
5 to 9	207
10 to 14	185
15 to 19	272
20 to 24	192
25 to 29	171
30 to 34	76
35 to 39	242
40 to 44	196

Age Range	Population
45 to 49	200
50 to 54	239
55 to 59	225
60 to 64	355
65 to 69	299
70 to 74	270
75 to 79	71
80 to 84	13
Over 85	88

Race and Gender Population of 07931

Women make up the highest portion of people in 07931. There are 1,652 men and 1,747 women in this 5-digit zip code.

There are no people who identify as: American Indian, Native Hawaiian in this 07931 zip code.

Most people in this zip code are White, with a total of 3,144 people in this category.

The chart and table below shows the population of people and which race they belong to in 07931

Gender	Population
Male	1,652
Female	1,747

Race	Population
White	3,144
Black	35
Asian	119
Some other race	42

Real Estate Figures

Median Rent	Median House Value	Median Rooms in House	Most Common Heating Type
$61	$986,000	8.5 rooms	Utility gas

Housing Types in 07931 Zip Code

Below are two charts showing the amount of occupied vs vacant homes and the amount of renter vs owner occupied houses in the 07931 zip code.

The 07931 zip code area has a homeowner vacancy rate of 12.19% and a rental vacancy rate of 49.02%. This means there are a total of 150 vacant housing units throughout the zip code area. Conversely there are 1,237 housing units that are currently occupied.

Occupied Units	Vacant Units	Owner Vacancy Rate	Rental Vacancy Rate
1,237	150	12.19%	49.02%

Owner-Occupied	Renter-Occupied
1,081	156

Property Value in 07931

Most homes in 07931 are valued Median, with 986,000 houses in this category.

There are just 10 houses valued at Median. As you can see in the chart and table below, this is the smallest segment in this zip code.

The affordability ratio for the 07931 zip code in New Jersey is 3. This is calculated by dividing the median housing value by the median income and is used to show how affordable a zip code is.

An affordability ratio of 3 is generally considered Low (Affordable).

House Value	Units
Less than $50,000	1,060
$50,000 to $99,999	80
$100,000 to $149,999	2,070
$150,000 to $199,999	2,040
$200,000 to $299,999	10

House Value	Units
$300,000 to $499,999	9,090
$500,000 to $999,999	307,040
$1,000,000 or more	503,020
Median House Value	$986,000

Heating Types for Homes in 07931

There are 6 different heating types used by people in the 07931 zip code area. As you can see from the table and chart below; Utility gas, Bottled, tank, or LP gas, Electricity, Fuel oil, kerosene, etc., Wood, No fuel used are the most commonly used heating types in this area.

Utility gas is most commonly used to heat homes in 07931. As you can see below, there are 712 houses that use this method.

Heating Type	Units
Utility gas	712
Bottled, tank, or LP gas	100
Electricity	67
Fuel oil, kerosene, etc.	340
Coal or coke	0

Heating Type	Units
Wood	7
Solar energy	0
Other fuel	0
No fuel used	11

Household Income Generated 12-months of 2022

The chart and tables below show the household income segments for households in the 07931. 5.9 of households are on the low end, earning less than $10,000 in 2022.

On the other end, 40.4 of households earned more than $200,000 in the same year. You will also see that the mean income of this zip code is around $324,203.

Most households in 07931 earn in the $200,000 or more range. 40% of households are in this segment.

Income Range	Percent
Less than $10,000	5.9
$10,000 to $14,999	0
$15,000 to $24,999	2.4
$25,000 to $34,999	3.4
$35,000 to $49,999	4.8
$50,000 to $74,999	3.3

Income Range	Percent
$75,000 to $99,999	14.9
$100,000 to $149,999	12
$150,000 to $199,999	12.9
$200,000 or more	40.4
Mean income	$324,203

Bedrooms, Rooms and Units in Structures in 07931

Below are three pie charts and tables showing the amount of bedrooms, total rooms and structures in houses for this zip code.

Most houses in 07931 have 5 or more bedrooms, with a total of 16 houses.

In regards to rooms in general, people in this zip code have an average of 8.5 rooms in their house. Most houses actually have 9 rooms or more in their house. 689 homes fit into this category.

689 homes in 07931 are in the 1-unit, detached category, which is the most common in terms of structures for this area.

The largest homes tracked, which are 20 units or more, make up 10 of the houses in this zip code. On the other end, 1,351 houses make up the smallest homes, which are 1 unit, mobile homes or boats.

Bedrooms	Units
No bedroom	16
1 bedroom	16
2 bedrooms	16
3 bedrooms	16
4 bedrooms	16
5 or more bedrooms	16

Rooms	Units
1 room	0
2 rooms	8
3 rooms	13
4 rooms	11
5 rooms	99
6 rooms	305
7 rooms	142
8 rooms	120
9 rooms or more	689
Median rooms	8.5

Units in Structure	Units
1-unit, detached	1195
1-unit, attached	141
2 units	141
3 or 4 units	8
5 to 9 units	17
10 to 19 units	1
20 or more units	10
Mobile home	9
Boat, RV, van, etc.	6

Healthcare and Hospitals

Hospitals Database

There are currently no hospital and healthcare locations in the zip code of 07931.

Universities

Universities Database