PlainZIP

Far Hills, NJ · standard

ZIP Code 07931

Somerset County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

3,296
61/sq mi
$201,078
Median income
$1,165,700
Median home value
69.7%
Bachelor's or higher

The verdict

Far Hills pairs a top-decile household income with top-decile home values, in a rural, homeowner-dominated area.

Top 1%
household income, US ZIPs
Top 2%
home value, US ZIPs
61
people per sq mi
83%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07931 against every reporting US ZIP.

ZIP code 07931 covers 53.7 square miles in Far Hills, Somerset County, New Jersey (a standard USPS delivery area), with a modest 3,296 residents on file, a density of 61 people per square mile, in the New York time zone.

ZIP 07931 skews affluent, with a median household income of $201,078 (65% above the New Jersey average), while per-capita income is $132,464. Poverty here runs at 4.1%, with unemployment measured at 6.5%. Housing costs here run $1,165,700 for a typical home value (126% above the state average), with rent averaging $3,501 a month; 82.9% of homes are owner-occupied.

This is a highly-educated ZIP: 69.7% of adults hold a bachelor's degree or higher, the median age is 47.7, and the average commute is 37 minutes. To put 07931 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Somerset County, for a geography-aware comparison.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 07931

Top 5 sectors by establishment count in Far Hills, NJ

Which industries have the most business establishments in ZIP 07931.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 07931, Far Hills, NJ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

3,296

Population

53.7

Area (sq mi)

61

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 07931?

47.7

Median Age

47.5%

Male

52.5%

Female

14.6%

Foreign-Born

White 88.9%
African American 1.4%
Asian 4.9%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 2.4%
Hispanic or Latino 5.1%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$201,078

Median Household Income

+65% vs state

$132,464

Per Capita Income

4.1%

Poverty Rate

6.5%

Unemployment Rate

36.8 min

Mean Commute Time

How ZIP 07931 ranks nationally

Far Hills, NJ household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$201,078 Top 1% higher than 99% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). Below this entry. $160,000–$180,000: 364 US ZIPs (1%). Below this entry. $180,000–$200,000: 186 US ZIPs (1%). Below this entry. $200,000–$220,000: 324 US ZIPs (1%). This entry sits in this band. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 81.2%
Bachelor's Degree or Higher 69.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

1,360

Total Housing Units

1,191

Occupied Units

169

Vacant Units

2.48

Avg Household Size

Occupancy Type

Owner 82.9%
Renter 17.1%

$1,165,700

Median Home Value

+126% vs state

$3,501

Median Rent

1984

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What businesses operate in this ZIP?

Census Bureau data shows 95 business establishments in ZIP 07931, employing approximately 668 people with a combined annual payroll of $46,235,000.

95

Businesses

668

Employees

$46.2M

Annual Payroll

12

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 22 23.2%
Administrative and support and waste management and remediation services 12 12.6%
Retail trade 9 9.5%
Real estate and rental and leasing 9 9.5%
Construction 8 8.4%
Other services (except public administration) 7 7.4%
Agriculture, forestry, fishing and hunting 5 5.3%
Health care and social assistance 5 5.3%
Accommodation and food services 5 5.3%
Wholesale trade 4 4.2%
Finance and insurance 4 4.2%
Educational services 3 3.2%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 07931 vs 07977 →

ZIP 07931 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 07931 ranks #6 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 07931 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 07931 ranks #5 of 8 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
07977 Peapack, NJ 669 0.6 mi
07934 Gladstone, NJ 1,501 1.5 mi
07921 Bedminster, NJ 7,621 3.9 mi
07924 Bernardsville, NJ 7,534 3.5 mi
07979 Pottersville, NJ 589 4.0 mi
07930 Chester, NJ 8,559 5.2 mi
08858 Oldwick, NJ 144 4.9 mi
07920 Basking Ridge, NJ 26,747 5.2 mi
07945 Mendham, NJ 9,539 5.7 mi
07939 Lyons, NJ 228 5.9 mi

More ZIP Codes in Somerset County

08873 standard
Somerset, NJ
Pop: 49,921
08844 standard
Hillsborough, NJ
Pop: 38,367
08807 standard
Bridgewater, NJ
Pop: 37,972
07920 standard
Basking Ridge, NJ
Pop: 26,747
08876 standard
Somerville, NJ
Pop: 22,179
07059 standard
Warren, NJ
Pop: 15,311

Related Areas

Somerset County Far Hills, NJ New Jersey

Frequently Asked Questions

What county is ZIP code 07931 in? ▼
ZIP code 07931 (Far Hills) is located in Somerset County, New Jersey. Somerset County contains multiple ZIP codes, see the full list at /counties/somerset-nj.
What is the population of ZIP code 07931? ▼
ZIP code 07931 in Far Hills, NJ has a population of 3,296 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07931? ▼
The median household income in ZIP 07931 is $201,078, which is 164% above the national average of $76,288.
What is the average home value in ZIP 07931? ▼
The median home value in ZIP 07931 is $1,165,700, which is 319% above the national average of $278,155.
What is the demographic makeup of ZIP 07931? ▼
The largest racial group in ZIP 07931 is White at 88.9%. Hispanic or Latino residents make up 5.1% of the population.
How many businesses are in ZIP code 07931? ▼
ZIP code 07931 has 95 business establishments employing approximately 668 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07931? ▼
The top industries by establishment count in ZIP 07931 are: Professional, scientific, and technical services (22), Administrative and support and waste management and remediation services (12), Retail trade (9). There are 12 industry sectors represented in total.
What is the education level in ZIP code 07931? ▼
In ZIP code 07931, 81.2% of residents aged 25+ have a high school diploma or higher, and 69.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 07931? ▼
The mean commute time for workers in ZIP code 07931 is 36.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 07931? ▼
In ZIP code 07931, approximately 82.9% of occupied housing units are owner-occupied and 17.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07931? ▼
The poverty rate in ZIP code 07931 is 4.1% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.