These Are The 10 Richest Cities In New Jersey

Short Hills, Heathcote, Fair Haven: These cities aren’t just some of the best places to live in New Jersey. They are also home to some of the richest people in the Garden State.

Short Hills in particular houses the richest residents in the state thanks, in part, to a median household income of $235,216 and a ridiculously low poverty rate of 2.0%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in New Jersey share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

After analyzing Census data from the 2010-2014 American Community Survey for the 256 places in New Jersey with more than 5,000 people, we were left with this set of the ten richest places in the Garden State:

1. Short Hills
2. Heathcote
3. Fair Haven
4. Chatham
5. North Caldwell
6. Robertsville
7. Englewood Cliffs
8. Woodcliff Lake
9. Dayton
10. River Edge

For more on how we calculated the top ten, read on or skip to the end for the full list. Oh, and the poorest place in New Jersey? That would be Salem.

How We Determined The Richest Places In New Jersey

The first thing that comes to most people’s minds when they think about determining the richest places is simply how much people earn. After all, rich people have really high salaries.

However, we don’t think that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the 2010-2014 American Community Survey:

• Poverty Level
• Median Household Income
• Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 256 places with more than 5,000 people in New Jersey, we ranked each place from 1 to 256 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Short Hills, crowned the “Richest Place In New Jersey”.

You can learn more about the top ten below or skip to the end to see the rankings for all 256 places.

1. Short Hills

Population: 12,729
Median Income: 23521600.0%
Poverty Level: 2.0%
Unemployment Rate: 3.6%

2. Heathcote

Population: 5,668
Median Income: 11991100.0%
Poverty Level: 2.0%
Unemployment Rate: 1.4%

3. Fair Haven

Population: 6,093
Median Income: 14000000.0%
Poverty Level: 0.3%
Unemployment Rate: 6.0%

4. Chatham

Population: 9,000
Median Income: 14417900.0%
Poverty Level: 2.5%
Unemployment Rate: 4.0%

5. North Caldwell

Population: 6,407
Median Income: 19453600.0%
Poverty Level: 2.8%
Unemployment Rate: 5.0%

6. Robertsville

Population: 11,055
Median Income: 12340500.0%
Poverty Level: 0.5%
Unemployment Rate: 5.8%

7. Englewood Cliffs

Population: 5,346
Median Income: 13878000.0%
Poverty Level: 2.0%
Unemployment Rate: 5.5%

8. Woodcliff Lake

Population: 5,785
Median Income: 13772400.0%
Poverty Level: 1.6%
Unemployment Rate: 5.8%

9. Dayton

Population: 7,690
Median Income: 11179200.0%
Poverty Level: 1.2%
Unemployment Rate: 5.3%

10. River Edge

Population: 11,483
Median Income: 10425000.0%
Poverty Level: 1.0%
Unemployment Rate: 4.5%

There You Have It – The Richest Places In New Jersey

Like we said earlier, when we set out to identify the richest places in New Jersey, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in New Jersey. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in NJ, according to data:

Poorest: Salem
2nd Poorest: Camden
3rd Poorest: Atlantic City
For more New Jersey reading , check out:

• 15 Restaurants In New Jersey That Will Blow The Taste Buds Out Of Your Mouth
• 43 New Jersey Facts They Never Taught You In High School
• These Are The 10 Best Places To Live In New Jersey

Detailed List Of Richest Places In New Jersey

89

City	Rank	Population	Median Income	Poverty Level	Unemployment Rate
Short Hills	1	12,729	$235,216	2.0%	3.6%
Heathcote	2	5,668	$119,911	2.0%	1.4%
Fair Haven	3	6,093	$140,000	0.3%	6.0%
Chatham	4	9,000	$144,179	2.5%	4.0%
North Caldwell	5	6,407	$194,536	2.8%	5.0%
Robertsville	6	11,055	$123,405	0.5%	5.8%
Englewood Cliffs	7	5,346	$138,780	2.0%	5.5%
Woodcliff Lake	8	5,785	$137,724	1.6%	5.8%
Dayton	9	7,690	$111,792	1.2%	5.3%
River Edge	10	11,483	$104,250	1.0%	4.5%
Springdale	11	14,402	$116,523	1.6%	5.4%
Hamilton Square	12	12,870	$109,090	1.3%	5.3%
Lincroft	13	6,436	$131,618	2.7%	5.3%
Ramsey	14	14,650	$122,165	2.3%	5.4%
Upper Saddle River	15	8,304	$188,750	1.3%	6.9%
Succasunna	16	9,047	$119,828	2.1%	6.0%
Greentree	17	11,529	$108,146	2.4%	5.0%
Glen Ridge	18	7,606	$169,006	4.0%	5.3%
White Meadow Lake	19	8,734	$119,329	1.3%	6.4%
Glen Rock	20	11,784	$154,615	2.3%	6.7%
Franklin Lakes	21	10,726	$153,657	2.7%	6.5%
Rumson	22	7,045	$151,667	4.2%	5.3%
Upper Montclair	23	11,637	$167,806	4.4%	5.2%
Mendham	24	5,008	$129,919	2.2%	6.6%
Oradell	25	8,080	$144,222	0.9%	7.4%
Martinsville	26	11,914	$136,959	2.9%	6.3%
Lake Mohawk	27	9,568	$118,964	2.9%	5.8%
Little Silver	28	5,920	$136,344	5.1%	3.3%
Watchung	29	5,855	$104,821	3.4%	2.0%
Haddonfield	30	11,521	$125,000	4.3%	5.4%
Westfield	31	30,647	$138,165	2.1%	7.2%
Roseland	32	5,835	$108,421	2.5%	6.0%
Cresskill	33	8,669	$100,342	3.1%	5.1%
Oakland	34	12,914	$117,596	3.3%	6.2%
Yorketown	35	6,598	$115,572	2.6%	6.5%
Bernardsville	36	7,766	$103,903	3.5%	5.0%
Ridgewood	37	25,270	$141,315	4.7%	6.2%
Morganville	38	5,052	$119,215	0.8%	7.7%
Norwood	39	5,769	$97,962	2.7%	5.8%
New Providence	40	12,314	$139,071	5.6%	5.5%
Bradley Gardens	41	13,902	$114,729	3.4%	6.5%
Ringwood	42	12,320	$106,880	2.4%	6.8%
Metuchen	43	13,707	$109,351	3.5%	6.2%
Fanwood	44	7,475	$123,003	0.8%	8.2%
Dumont	45	17,706	$91,811	2.3%	6.4%
Paramus	46	26,612	$96,454	2.6%	6.4%
Florham Park	47	11,820	$105,368	4.2%	5.7%
West Freehold	48	13,922	$104,841	3.1%	6.6%
Summit	49	21,826	$121,509	5.2%	6.2%
Ramtown	50	5,886	$113,208	2.1%	7.7%
Tenafly	51	14,672	$140,923	4.7%	6.9%
Brookdale	52	9,706	$104,107	5.5%	5.1%
Midland Park	53	7,229	$85,966	4.6%	2.8%
Mountainside	54	6,765	$146,389	3.9%	7.6%
Green Knoll	55	5,954	$113,304	1.7%	8.7%
Kendall Park	56	10,331	$111,123	3.4%	7.3%
Ramblewood	57	5,999	$92,237	2.0%	7.6%
Manasquan	58	5,841	$91,389	5.7%	4.6%
Linwood	59	7,071	$88,542	2.3%	7.3%
Strathmore	60	6,975	$112,974	2.9%	7.8%
Rockaway	61	6,480	$74,080	2.4%	6.2%
Yardville	62	6,825	$85,769	2.9%	6.8%
Somerset	63	24,375	$95,667	3.5%	6.8%
Closter	64	8,519	$119,725	1.7%	9.7%
Dunellen	65	7,317	$76,214	4.2%	5.1%
Allendale	66	6,666	$124,821	2.5%	9.3%
Madison	67	16,043	$109,737	3.8%	7.4%
Waldwick	68	9,808	$106,750	4.3%	7.0%
Old Tappan	69	5,835	$116,151	3.4%	8.1%
Franklin Park	70	14,815	$89,231	5.7%	5.4%
Hillsdale	71	10,381	$113,077	6.8%	6.0%
Kinnelon	72	10,349	$125,000	2.3%	10.1%
Spotswood	73	8,359	$76,110	2.7%	6.6%
Montvale	74	8,000	$103,361	5.6%	6.5%
Finderne	75	6,205	$84,006	5.6%	5.4%
Westwood	76	11,056	$85,588	5.5%	5.9%
White Horse	77	8,422	$73,337	3.7%	5.9%
Middlesex	78	13,766	$81,424	1.8%	7.8%
Morris Plains	79	5,635	$110,167	4.6%	7.8%
Hoboken	80	51,979	$106,875	9.8%	4.1%
Old Bridge	81	23,572	$100,484	3.1%	8.0%
Princeton	82	28,940	$116,875	6.1%	7.2%
Wood-Ridge	83	8,249	$97,006	5.6%	6.7%
Edgewater	84	11,969	$99,609	6.2%	6.4%
Mercerville	85	13,048	$79,830	1.8%	7.9%
Lincoln Park	86	10,515	$81,661	4.2%	6.8%
Fair Lawn	87	32,962	$100,755	4.1%	8.1%
East Freehold	88	5,429	$128,750	4.1%	10.5%
Colonia	17,530	$87,557	2.4%	9.0%
Park Ridge	90	8,763	$106,327	2.9%	9.9%
Ashland	91	8,260	$85,733	4.8%	7.4%
Raritan	92	7,318	$73,565	5.5%	6.3%
Haddon Heights	93	7,425	$86,409	3.5%	8.5%
Marlton	94	10,397	$70,461	2.9%	7.5%
South Plainfield	95	23,686	$90,880	5.4%	7.8%
Butler	96	7,636	$90,424	6.4%	7.1%
Princeton Meadows	97	13,631	$83,518	6.0%	6.9%
Mount Arlington	98	5,140	$83,549	1.0%	11.0%
Moorestown-Lenola	99	14,436	$100,643	5.7%	8.0%
Cherry Hill Mall	100	13,950	$85,390	5.0%	7.9%
Kenilworth	101	8,045	$100,680	4.4%	9.3%
Laurence Harbor	102	6,845	$74,800	5.3%	7.0%
Iselin	103	18,457	$80,200	5.6%	7.0%
Somerville	104	12,175	$72,527	5.2%	6.9%
Rutherford	105	18,297	$82,385	6.0%	7.3%
North Haledon	106	8,478	$93,641	3.4%	10.6%
Pompton Lakes	107	11,162	$87,284	5.0%	8.8%
Ocean Acres	108	16,187	$79,467	3.0%	9.3%
Budd Lake	109	8,234	$90,660	6.1%	7.9%
West Long Branch	110	8,391	$82,067	6.3%	7.1%
Maywood	111	9,651	$81,500	6.5%	7.1%
Beachwood	112	11,127	$76,279	5.7%	7.2%
Hawthorne	113	18,944	$81,885	4.4%	8.7%
New Milford	114	16,524	$75,071	6.0%	7.1%
Sayreville	115	43,962	$81,136	4.9%	8.5%
Morri	116	18,580	$75,696	10.5%	5.1%
Woodland Park	117	12,129	$79,732	5.0%	8.1%
Woodbridge	118	20,434	$86,506	6.4%	7.8%
Ridgefield Park	119	12,875	$64,741	6.5%	6.1%
Boonton	120	8,424	$88,107	5.1%	9.3%
Matawan	121	8,759	$82,940	6.2%	7.7%
Bergenfield	122	27,157	$80,365	7.3%	7.3%
Avenel	123	17,952	$71,711	8.0%	6.3%
Elmwood Park	124	19,921	$67,500	7.1%	6.6%
Englewood	125	27,435	$73,249	8.6%	6.7%
Kingston Estates	126	6,161	$76,667	3.2%	11.3%
East Rutherford	127	9,298	$70,934	11.3%	5.8%
South Amboy	128	8,749	$73,710	5.3%	8.8%
Collingswood	129	13,929	$59,705	6.6%	6.6%
Caldwell	130	7,864	$73,299	3.4%	10.9%
Hasbrouck Heights	131	11,989	$87,705	7.6%	8.8%
Leonia	132	9,051	$78,882	10.3%	6.9%
Fort Dix	133	7,948	$6 1,489	4.0%	8.6%
Pitman	134	8,959	$70,058	5.2%	8.8%
Fords	135	15,028	$79,754	5.5%	9.7%
Point Pleasant	136	18,481	$84,163	6.8%	8.8%
Toms River	137	89,459	$73,321	6.0%	8.6%
Little Ferry	138	10,773	$63,810	7.7%	6.7%
Audubon	139	8,763	$77,825	6.2%	8.8%
Twin Rivers	140	7,402	$87,929	12.1%	7.6%
North Arlington	141	15,587	$71,750	8.9%	7.2%
Oceanport	142	5,834	$92,413	5.6%	12.4%
Secaucus	143	17,614	$84,626	9.3%	8.1%
Madison Park	144	6,616	$65,417	6.5%	7.7%
Emerson	145	7,538	$108,295	9.9%	9.9%
Tinton Falls	146	17,933	$73,278	5.6%	9.5%
Wanaque	147	11,243	$85,373	4.6%	14.5%
Clifton	148	85,138	$68,096	7.9%	7.6%
Ocean City	149	11,520	$59,522	8.6%	6.6%
Keyport	150	7,213	$54,853	7.6%	6.7%
Bloomingdale	151	7,808	$73,060	3.7%	12.2%
Hight	152	5,557	$72,432	7.2%	8.4%
Pine Lake Park	153	9,295	$74,543	6.3%	9.7%
Bound Brook	154	10,607	$63,017	6.9%	7.9%
Mil	155	6,974	$99,265	7.8%	12.4%
Cape May Court House	156	5,664	$58,854	6.1%	8.5%
Ridgefield	157	11,191	$69,466	6.3%	9.7%
North Plainfield	158	22,056	$69,363	11.0%	7.5%
Clayton	159	8,225	$64,183	8.4%	8.0%
Bogota	160	8,277	$75,957	8.9%	9.3%
Hopatcong	161	14,921	$85,357	6.1%	14.5%
Northfield	162	8,616	$67,528	8.4%	8.8%
Fort Lee	163	36,048	$67,119	9.2%	8.5%
Wallington	164	11,487	$53,502	10.2%	6.7%
Carlstadt	165	6,189	$71,847	7.7%	9.7%
Hackett	166	9,633	$69,009	8.8%	8.9%
Eato	167	12,323	$64,378	7.5%	9.2%
Barrington	168	6,904	$62,283	5.3%	11.0%
Margate City	169	6,343	$65,568	9.3%	8.7%
Dover	170	18,298	$60,878	9.0%	8.1%
Totowa	171	10,872	$85,014	9.5%	11.9%
Union Beach	172	6,040	$74,081	6.1%	14.3%
Hammonton	173	14,796	$61,235	7.9%	9.3%
Palisades Park	174	20,066	$59,429	12.8%	7.4%
Absecon	175	8,400	$61,199	6.5%	10.5%
Jamesburg	176	5,963	$66,806	9.4%	9.7%
Wharton	177	6,586	$67,205	8.2%	11.1%
Perth Amboy	178	51,727	$45,276	20.0%	6.2%
Highland Park	179	14,224	$66,414	13.6%	8.6%
Hackensack	180	43,903	$53,338	14.6%	7.1%
Bayonne	181	64,763	$55,224	13.2%	7.5%
Berlin	182	7,587	$76,346	10.5%	11.4%
Palmyra	183	7,372	$63,598	6.6%	11.9%
Stratford	184	6,997	$66,325	8.1%	11.6%
Williamstown	185	15,425	$63,281	7.4%	11.6%
East Franklin	186	7,647	$62,745	9.3%	10.4%
Manville	187	10,426	$62,787	7.8%	11.8%
Pennsville	188	11,864	$57,966	10.0%	9.3%
Freehold	189	12,018	$53,375	12.9%	8.0%
Haledon	190	8,397	$59,819	10.0%	10.4%
Cliffside Park	191	24,532	$56,171	12.0%	9.0%
Red Bank	192	12,250	$62,440	11.2%	10.4%
Roselle Park	193	13,465	$61,122	6.8%	14.8%
Linden	194	41,054	$62,778	9.3%	11.9%
Brigantine	195	9,420	$56,310	13.3%	8.9%
Belmar	196	5,760	$59,557	9.7%	11.2%
Pomona	197	7,164	$67,063	12.8%	11.4%
Forked River	198	5,199	$69,583	10.1%	14.3%
Rahway	199	27,994	$59,076	8.2%	12.7%
Somers Point	200	10,783	$47,945	13.5%	8.4%
Smithville	201	6,950	$56,753	7.1%	14.2%
Carteret	202	23,770	$64,294	9.4%	13.8%
Pine Hill	203	10,383	$50,876	10.4%	9.4%
Burlington	204	9,865	$53,941	8.6%	11.8%
Washington	205	6,439	$55,547	15.5%	9.0%
Mystic Island	206	7,792	$59,591	9.2%	12.9%
Kearny	207	41,538	$63,093	9.8%	13.1%
Lodi	208	24,428	$48,914	11.0%	9.7%
Gloucester City	209	11,392	$51,153	10.2%	10.6%
Lakewood	210	51,944	$38,025	34.0%	7.4%
South River	211	16,177	$65,509	10.2%	15.2%
Garfield	212	30,996	$46,499	11.5%	9.4%
Echelon	213	10,831	$51,488	11.0%	10.9%
Jersey City	214	255,861	$58,907	16.3%	10.4%
Prospect Park	215	5,915	$54,241	9.8%	13.0%
Fairview	216	14,126	$51,990	14.0%	10.2%
Somerdale	217	5,246	$51,007	11.8%	10.9%
Runnemede	218	8,435	$58,006	10.3%	13.1%
Guttenberg	219	11,397	$52,466	14.9%	10.6%
Glassboro	220	18,798	$64,136	21.2%	11.8%
Harrison	221	14,436	$53,772	14.1%	11.2%
Browns Mills	222	10,973	$56,438	13.6%	11.9%
Newton	223	7,999	$49,223	15.2%	10.7%
Bellmawr	224	11,538	$50,450	11.4%	12.3%
Long Branch	225	30,590	$48,736	15.2%	10.9%
Woodbury	226	10,098	$53,359	17.3%	11.3%
Vineland	227	60,985	$50,690	15.8%	11.7%
Carneys Point	228	7,268	$52,837	10.5%	19.3%
Elizabeth	229	126,964	$43,966	16.3%	12.2%
Holiday City-Berkeley	230	12,013	$31,044	9.6%	16.9%
Villas	231	9,199	$48,443	12.6%	15.7%
Plainfield	232	50,423	$53,099	20.3%	13.2%
Phillipsburg	233	14,717	$44,214	15.3%	13.1%
Passaic	234	70,651	$33,081	26.4%	10.6%
New Brunswick	235	55,804	$38,399	33.9%	10.9%
Millville	236	28,603	$50,787	15.0%	15.5%
Ventnor City	237	10,632	$50,129	17.8%	13.2%
Roselle	238	21,348	$43,122	13.0%	15.4%
Lindenwold	239	17,512	$40,578	17.1%	12.7%
Keansburg	240	10,011	$43,696	16.2%	13.8%
Paterson	241	146,341	$33,964	24.2%	11.5%
West New York	242	51,511	$45,412	18.1%	13.3%
Union City	243	68,001	$40,939	20.6%	12.5%
Crestwood Village	244	7,703	$28,644	16.5%	14.0%
Pleasantville	245	20,436	$40,521	18.0%	16.2%
East Orange	246	64,538	$36,978	19.1%	20.1%
Paulsboro	247	6,041	$41,061	21.8%	20.5%
Trenton	248	84,459	$35,647	24.1%	18.5%
Asbury Park	249	15,933	$32,459	27.4%	15.2%
Bridgeton	250	25,252	$35,352	28.2%	16.6%
Newark	251	278,750	$34,012	25.5%	19.1%
Penns Grove	252	5,082	$32,214	25.8%	19.6%
Wildwood	253	5,255	$26,742	32.0%	16.9%
Atlantic City	254	39,521	$26,936	33.5%	17.4%
Camden	255	77,294	$26,201	33.5%	22.0%
Salem	256	5,045	$27,047	38.8%	29.4%