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Florham Park, NJ Utility & Living Guide

Utilities, housing, taxes, cost of living, and local insights — everything residents and families need.

Last updated: June 25, 2026

Total Utilities$305/mo

1BR Rent$1200/mo

Sales Tax7.5%

COL Index105 (+5% above national average)

Family Score6/10

Median Home$320,000

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🌤️ Live Weather — Florham Park

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⚠️ Natural Hazard History — Florham Park

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💰 Budget Calculator

🔌 Utilities

🏠 Housing

📊 Cost of Living

💰 Taxes

👨‍👩‍👧 Families

🧮 Tools

Monthly Utility Costs

⚡ Electric

$120/mo

Jersey Central Power & Light (JCP&L)

🔥 Gas

$50/mo

PSE&G

💧 Water

$45/mo

Florham Park Water Department

🗑️ Garbage

$25/mo

Florham Park Department of Public Works

📶 Internet

$65/mo

Combined Average Overhead$305/month

Housing Market

Rent & Property
1 Bedroom	$1200/mo
2 Bedrooms	$1600/mo
3 Bedrooms	$2100/mo
Median Home Price	$320,000
Property Tax Rate	1.2%
Avg Childcare/mo	$1000

Florham Park’s housing market is competitive, with steady demand for single-family homes. Prices have risen moderately over the past few years due to its desirable location and school district.

Cost of Living

Overall COL Index

105

US national avg = 100

vs National Avg

+5% above national average

Groceries

102

Transportation

Healthcare

100

Childcare/mo

$1000

Tax Rates

Tax Overview
Total Sales Tax	7.5%
Property Tax Rate	1.2%
<p>State 6.625% + County 0% + City 0.875%</p>

New Jersey has a progressive income tax ranging from 1.4% to 10.75%.

Family & Relocation

Family Vibe Score

6/10

Safety Index

Higher = safer

School Rating

6.5/10

GreatSchools avg

Avg Childcare

$1000/mo

City Pulse

Population Trend

+3% (growing)

Political Climate

Purple

Business Momentum

Moderate with key industries in pharmaceuticals, finance, and technology

Top Local Concerns

Property taxes, traffic congestion, school funding

🚌 Transit for Families

Public transit is limited but accessible, with NJ Transit buses offering some stroller-friendly routes.

🎡 Top Kid Attractions

🎯
Florham Park Roller Rink
🎯
The Raptor Trust
🎯
Loantaka Brook Reservation

Best Neighborhoods for Families

The Brooklake and Briarwood areas are popular for families due to their proximity to schools and parks. The downtown area offers walkability and community events.

Household Budget Calculator

Estimate your real monthly cost of living in Florham Park based on your household profile.

📰 Live Local News

Residents must obtain permits for home renovations and adhere to strict zoning laws.

Financial Tools

Calculators

Income Tax CalculatorEstimate take-home pay by state
Mortgage CalculatorMonthly payment estimator
Affordability CalculatorHow much home can you afford?
Childcare Cost EstimatorCompare daycare costs by city

Planning Tools

Retirement PlannerRetirement readiness check
Car Lease CalculatorMonthly lease payment estimator
Savings CalculatorGrow your emergency fund
City Comparison ToolCompare cities side by side

Find Another City Guide

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📊 Florham Park — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

💰 Median Household Income

$134,018

👤 Median Age

40.6

🏠 Homeownership Rate

70.7%

🔑 Renter Rate

29.3%

📉 Poverty Rate

5.3%

💼 Unemployment Rate

3.2%

📡 Internet Access

95.1%

🎓 College Educated

55.8%

☀️ Seasonal Utility Costs

Electricity costs peak in summer due to air conditioning use, while gas bills rise in winter for heating. Water usage increases slightly in summer for landscaping.