Wharton

County:: Morris County
County Seat:: No
Area (mi²):: 2.079
State:: New Jersey

Wharton is a borough located in Morris County, New Jersey. Wharton has a 2025 population of 7,411. Wharton is currently growing at a rate of 0.45% annually and its population has increased by 2.25% since the most recent census, which recorded a population of 7,248 in 2020.

The average household income in Wharton is $115,311 with a poverty rate of 18.78%.The median age in Wharton is 39.4 years: 39.6 years for males, and 39.2 years for females.

Demographics

The racial composition of Wharton includes 63.74% White, 13.81% other race, and smaller percentages for Asian, Black or African American and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	4,624	63.74%
Two or more races	1,567	21.6%
Other race	1,002	13.81%
Asian	58	0.8%
Black or African American	3	0.04%

Wharton Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Wharton's average per capita income is $51,313. Household income levels show a median of $92,548. The poverty rate stands at 18.78%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Families	$98,039	$128,720
Households	$92,548	$115,311
Married Families	$91,296	-
Non Families	$73,833	$87,705

$51,313

Average Income

$92,548

Median Household Income

18.78%

Poverty Rate