New Jersey has some of the richest counties in the United States. These counties include Morris, Hunterdon, and Somerset. They have high average incomes and offer a luxurious lifestyle. Here is a list of the ten wealthiest counties in New Jersey and what makes each area special. We will discuss famous residents, average home values, and other factors like cost of living, job market, and things to do.
Richest Counties in New Jersey
Morris County
Morris County is the richest county in New Jersey. The average household income is $131,800 and the average home value is $639,700. Morris is famous for its wealthy neighborhoods, top-notch schools, and beautiful rural areas. Chatham is a remarkable city with a long history, featuring streets lined with trees and high-end shopping options. New York City offers many job opportunities and a wide variety of dining and cultural options.
Hunterdon County
Hunterdon County is the second richest county in New Jersey, with a median household income of $133,500 and an average home value of $579,100. It is only slightly behind the first spot on our list. The job market is doing well, and many people who live here travel to work in either New York City or Philadelphia, which are close by. Hunterdon County has a low crime rate and great schools. If you’re looking for a peaceful and prosperous lifestyle, this place has charming villages, rolling farmlands, and a lively equestrian culture, making it an ideal choice.
Somerset County
Somerset County in New Jersey is considered the third wealthiest county in the state. The median household income in the county is $131,700, and the average home value is $614,500. The location is in the central part of the state and is approximately 45 minutes away from both New York City and Philadelphia. Somerset is famous for its wealthy neighborhoods, top-notch schools, beautiful parks, golf courses, and country clubs. It provides a sophisticated yet family-friendly atmosphere. Its strong job market and excellent healthcare facilities make it even more appealing. Bernardsville is known for its large, impressive homes and prestigious atmosphere. It is also the hometown of Meryl Streep, one of the greatest actresses of all time.
Also Read: Understanding the Cost of Living in California in 2024
Bergen County
Bergen County is the fourth richest county in the state, with a median household income of $114,300 and an average home value of $690,200. Bergen County is a great place to live if you want the convenience of being close to Manhattan but also enjoy the peacefulness of the suburbs. It is located right across the Hudson River from Manhattan. The borough of Alpine is known for being very exclusive, with beautiful and luxurious homes. Bergen County has a wide range of things to do and places to visit. You can go shopping at fancy malls or enjoy the beautiful parks.
Sussex County
Sussex County is ranked number five on our list. It is famous for its outdoor activities, such as lakes, parks, and hiking trails. You can visit Kittatinny Mountain State Park, High Point State Park, and Mountain Creek Resort. The typical home in Sussex County is worth $408,500, and the typical household earns $113,600 per year. The low crime rate and beautiful scenery make it attractive to families looking for a wealthy but peaceful way of life.
Union County
Union County in New Jersey is the sixth-richest county in the state. It has a median household income of $95,000 and an average home value of $539,851. The area has a wide range of job opportunities and is conveniently located near New York City. The city offers a variety of cultural events, parks, and recreational facilities to suit different interests. Judy Blume, a beloved author of children’s books, grew up in this area. Some of the richest cities are Westfield, Summit, Scotch Plains, Fanwood, and New Providence. In Union County, you can visit attractions like Warinanco Park, Kean University, and the Union County Performing Arts Center.
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