Wharton New Jersey Real Estate
Wharton, New Jersey, is located in Morris County, 10 miles W of Parsippany, New Jersey and 34 miles W of New York, New York. Wharton has a population of 6,298.
Wharton Homes
Wharton properties pool is 2,328 residential properties including Wharton new homes. Median age of real estate in Wharton is 1956. Average Household size is 3.28 people. 2% are one bedroom homes, 27% are 2 bedroom homes, 39% are 3 bedroom homes, 25% are 4 bedroom homes, and 8% are 5+ bedroom homes.
Wharton Mortgage Statistics
Wharton mortgages vs. USA median statistics
| Homes |
Wharton |
USA |
| Homes With No Mortgage |
27% |
30% |
| Homes With Mortgage |
73% |
70% |
| First Mortgage Only |
51% |
54% |
| First & Second Mortgage or HELOC |
22% |
16% |
Wharton Area Real Estate Tax
Wharton Real estate Tax: Median Real Estate Taxes (2000) were $3,670 comparing to 1999 Median Family income $ 64,957. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Wharton School District: Children make up 26% of Wharton population. Wharton has 1,638 under 18 years old residents, or 0.54 kids per one worker, or 0.7 kids per one household.
Wharton Real Estate & Wharton Homeownership
There are 605.28 or 26% one person households, 628.56 or 27% two person households, and 419.04 or 18% three person households in Wharton, New Jersey. Median residents age is 35.7, Senior citizens (65+) make up 711 or 11.3%% of Wharton population.
There are 3,053 workers (over 16 years of age) in Wharton. Of these, 94.43% drive to work. Approximately 3.01% of workers in Wharton take public transportation. An estimated 0.95% walk to work.
Median Wharton homeowner's housing expences are 21.4%
Crime in Wharton (2003), crimes per 10,000 residents per year
| Type of Crime |
Wharton |
USA, 2003 |
| Violent Crimes |
12.7 |
47.5 |
| Robberies |
1.59 |
14.2 |
| Aggravated Assaults |
11.11 |
29.5 |
| Property Crimes |
179.42 |
358.8 |
| Burglaries |
38.11 |
74.0 |
| Larceny-Thefts |
141.31 |
241.5 |
| Motor Vehicle Thefts |
NaN |
43.3 |
Invest in Wharton Properties
When making a decision about buying real estate in Wharton New Jersey area, you should consider following statistical data:
| Category |
Wharton |
USA |
| Near Medium City |
Parsippany, New Jersey |
- |
| Near Large City |
New York, New York |
- |
| Wharton Zip Codes |
07885 |
- |
| Wharton Area Codes |
973 |
- |
| White population |
82.09% |
75.1% |
| African-American population |
4.4% |
12.3% |
| Asian |
3.14% |
3.6% |
| American Indian & Alaskan |
0.44% |
0.9% |
| Hispanic (of any race) |
23.21% |
12.5% |
| Median Family Income (1999) |
$ 64,957% |
$42,000 |
| Population Below Poverty Level |
8.21% |
12.4% |
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