Living in Short Hills, New Jersey

Cost of living, income, home prices, rent and demographics of Short Hills · Census data 2020–2024

Short Hills has 14,923 residents with a median age of 41.5. The median household income is $250,001 (141% higher than the New Jersey median), the median home value is $1,674,100, the median rent is $3,126/month.

Short Hills at a glance

Population
14,923
Median age
41.5State: 40.1
Median household income
$250,001State: $103,556
Median home value
$1,674,100State: $454,400
Median rent
$3,126/moState: $1,720
Homeowners
86.5%
Bachelor's degree or higher
92.6%
Average commute
43 min

Is Short Hills a good place to live?

Pros: Median household income 141% higher than the New Jersey median; unemployment of 3.4%; a poverty rate of 2.3%.

Cons: Home values 268% higher than the state median; an average commute of 43 minutes.

The weather is best in May–June and August–September.

Cost of living in Short Hills

Housing is the biggest part of the cost of living. In Short Hills the median home value is $1,674,100, 403% higher than the U.S. median. Renters pay a median of $3,126 per month, which is 23% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Short Hills$1,674,100
New Jersey$454,400
United States$332,700

Median monthly rent

Short Hills$3,126
New Jersey$1,720
United States$1,413

Short Hills median household income

The median household income in Short Hills is $250,001 and the income per person is $164,794. 2.3% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Short Hills$250,001
New Jersey$103,556
United States$80,734

Housing in Short Hills: homes for sale and rent

Housing units
4,718
Owner-occupied
86.5%
Renter-occupied
13.5%
Vacant
1.1%Includes seasonal homes
Median year built
1958
Average household size
3.20

Short Hills demographics

Population
14,923
Median age
41.5
Under 18
31.9%
65 and older
11.7%
Households
4,665
Foreign-born
31.5%
Veterans
1%Adults 18+

Race and ethnicity

White52%
Hispanic or Latino4.3%
Black1.4%
Asian40.4%

Hispanic or Latino can be of any race. Population history of Short Hills ›

Education in Short Hills

92.6% of adults 25 and older in Short Hills have a bachelor's degree or higher (New Jersey: 43.6%), and 61.9% have a graduate or professional degree.

Bachelor's degree or higher

Short Hills92.6%
New Jersey43.6%
United States35.7%

Jobs and commute in Short Hills

Unemployment rate
3.4%State: 6.3%
Average commute
43 minState: 31 min
Work from home
40.4%
Drive alone
33.8%
Public transit
21%
Walk to work
1.7%
Homes with broadband
100%

Short Hills vs nearby towns

TownPopulationMedian incomeHome valueRent
Short Hills14,923$250,001$1,674,100$3,126
Millburn22,145$250,001$1,371,500$2,262
Summit22,705$190,304$994,500$2,430
Vauxhall6,157$111,421$360,000$1,830
Springfield17,171$155,906$636,600$2,188
Maplewood25,613$173,500$720,700$2,269
Chatham9,407$241,500$984,900$2,250
Livingston31,488$229,806$821,100$2,949
Union61,071$119,464$451,300$2,064

More for people moving to Short Hills

Short Hills ZIP code ›Weather and climate ›

Living in Short Hills: FAQ

What is the median household income in Short Hills, NJ?

The median household income in Short Hills is $250,001, 141% 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 Short Hills?

The median home value in Short Hills is $1,674,100, compared with $454,400 in New Jersey.

How much is rent in Short Hills?

The median gross rent in Short Hills is $3,126 per month, about 23% of household income.

Is Short Hills, NJ a good place to live?

Pluses: median household income 141% higher than the New Jersey median; unemployment of 3.4%; a poverty rate of 2.3%. Minuses: home values 268% higher than the state median; an average commute of 43 minutes.

What is the median age in Short Hills?

The median age in Short Hills is 41.5 years (New Jersey: 40.1).

How long is the commute in Short Hills?

The average commute to work in Short Hills is 43 minutes; 40.4% of workers work from home.

What is the unemployment rate in Short Hills?

The unemployment rate in Short Hills is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Short Hills?

92.6% of adults in Short Hills 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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