Big Bucks! The Top 3 Richest Towns In New Jersey

New Jersey is definitely one of the richest states in the country. When you look at how much the average household earns, the Garden State is always near the top of the list.

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Families here in the Garden State tend to bring in more money than in most other states, thanks to high-paying industries and the state’s proximity to major job cities like New York and Philadelphia.

Living in New Jersey isn’t cheap; between housing costs and property taxes, even good paychecks can get eaten up fast. But when you look at the numbers, the state still ranks as one of the richest in the country.

What Are The Top 3 Richest Towns In New Jersey?

According to Silive.com, a premier digital news and information site, three towns are the richest in New Jersey:

1. Short Hills - Consistently ranks as the wealthiest town in New Jersey, with a median household income of $250,000 to $405,000.
2. Alpine - Located in Bergen County, Alpine’s median household income is approximately $228,000, with home prices averaging over $4 million.
3. Millburn -  Its median household income is around $250,000, with access to top-rated schools and New York City.

What is the Richest County In New Jersey?

Somerset County is usually considered the wealthiest county in New Jersey because households there earn some of the highest incomes in the state. Hunterdon County often ranks at the top when it comes to what the typical family makes, so both counties are among the richest places to live in the Garden State.