Living in East Hanover, New Jersey
Cost of living, income, home prices, rent and demographics of East Hanover · Census data 2020–2024
East Hanover has 11,152 residents with a median age of 45.2. The median household income is $149,583 (44% higher than the New Jersey median), the median home value is $702,800, the median rent is $2,711/month.
East Hanover at a glance
- Population
- 11,152
- Median age
- 45.2State: 40.1
- Median household income
- $149,583State: $103,556
- Median home value
- $702,800State: $454,400
- Median rent
- $2,711/moState: $1,720
- Homeowners
- 92.2%
- Bachelor's degree or higher
- 58.6%
- Average commute
- 25 min
Is East Hanover a good place to live?
Pros: Median household income 44% higher than the New Jersey median; an average commute of 25 minutes; unemployment of 4.1%; a poverty rate of 2.3%.
Cons: Home values 55% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in East Hanover
Housing is the biggest part of the cost of living. In East Hanover the median home value is $702,800, 111% higher than the U.S. median. Renters pay a median of $2,711 per month, which is 19.2% of household income. Homeowners with a mortgage pay $3,377 a month in housing costs.
East Hanover median household income
The median household income in East Hanover is $149,583 and the income per person is $72,871. 2.3% of residents live below the poverty line (New Jersey: 9.7%).
Housing in East Hanover: homes for sale and rent
- Housing units
- 4,037
- Owner-occupied
- 92.2%
- Renter-occupied
- 7.8%
- Vacant
- 2%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.82
East Hanover demographics
- Population
- 11,152
- Median age
- 45.2
- Under 18
- 18.1%
- 65 and older
- 24.3%
- Households
- 3,955
- Foreign-born
- 16.1%
- Veterans
- 3.5%Adults 18+
Hispanic or Latino can be of any race. Population history of East Hanover ›
Education in East Hanover
58.6% of adults 25 and older in East Hanover have a bachelor's degree or higher (New Jersey: 43.6%), and 27.4% have a graduate or professional degree.
Jobs and commute in East Hanover
- Unemployment rate
- 4.1%State: 6.3%
- Average commute
- 25 minState: 31 min
- Work from home
- 18.9%
- Drive alone
- 76%
- Public transit
- 2%
- Walk to work
- 0%
- Homes with broadband
- 93.1%
East Hanover vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| East Hanover | 11,152 | $149,583 | $702,800 | $2,711 |
| Roseland | 6,268 | $164,458 | $665,700 | $3,297 |
| Livingston | 31,488 | $229,806 | $821,100 | $2,949 |
| Whippany | 8,970 | $151,420 | $615,400 | $2,556 |
| Troy Hills | 5,179 | $183,707 | $650,500 | $3,108 |
| Florham Park | 13,564 | $158,696 | $791,400 | $3,109 |
| Hanover | 14,769 | $156,956 | $629,600 | $2,813 |
| Pine Brook | 5,961 | $126,488 | $767,200 | $2,366 |
| West Caldwell | 10,995 | $158,467 | $659,100 | $1,877 |
More for people moving to East Hanover
East Hanover ZIP code ›Weather and climate ›Living in East Hanover: FAQ
What is the median household income in East Hanover, NJ?
The median household income in East Hanover is $149,583, 44% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in East Hanover?
The median home value in East Hanover is $702,800, compared with $454,400 in New Jersey.
How much is rent in East Hanover?
The median gross rent in East Hanover is $2,711 per month, about 19.2% of household income.
Is East Hanover, NJ a good place to live?
Pluses: median household income 44% higher than the New Jersey median; an average commute of 25 minutes; unemployment of 4.1%; a poverty rate of 2.3%. Minuses: home values 55% higher than the state median.
What is the median age in East Hanover?
The median age in East Hanover is 45.2 years (New Jersey: 40.1).
How long is the commute in East Hanover?
The average commute to work in East Hanover is 25 minutes; 18.9% of workers work from home.
What is the unemployment rate in East Hanover?
The unemployment rate in East Hanover is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is East Hanover?
58.6% of adults in East Hanover have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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