The United States Census Bureau provides detailed information on the population of Stanhope City. According to the Bureau, 29% of the people in Stanhope work in the service industry, whereas 43% are in white-collar roles. However, the exact percentage of those who live in poverty in Stanhope City depends on the race and ethnicity of the people living in the city. The population of Stanhope City is based on the most recent available rebased figures, using census block data.
The population of Stanhope City is expected to decrease by 7.4% between 2010 and 2020. It is also declining, with the population dropping -0.37% annually. The city's overall poverty rate is 1.44%, and the median household income is $104,629 per year. Rent costs in Stanhope City are $1,657 a month, while the median home value is $247,400. The median age of residents of Stanhope City is 43.8 years old, with males older than females.
According to the United States Census Bureau, there are 3.35k residents in Stanhope, NJ. There are 257 White (Hispanic) residents, 135, and 135 other races. The median household income in Stanhope is $95,819, which is 11.9% more than the national average. The country's economy is made up of many sectors, including finance, manufacturing, and professional, scientific, and technical services.