Wharton is a borough located in Morris County, New Jersey. Wharton has a 2026 population of 7,540. Wharton is currently growing at a rate of 0.64% annually and its population has increased by 3.99% since the most recent census, which recorded a population of 7,251 in 2020.
The median household income in Wharton is $85,767 with a poverty rate of 15.26%. The median age in Wharton is 46.3 years: 46.8 years for males, and 40 years for females. For every 100 females there are 91.4 males.
Data after 2023 is projected based on recent change
Overall: 46.3 years
Female: 40 years
Male: 46.8 years
There are 6,275 adults, (1,465 of whom are seniors) in Wharton.
Female: 3,823 (52.2%)
Male: 3,495 (47.8%)
The racial composition of Wharton includes 48.54% White, 17.45% other race, and smaller percentages for Black or African American, Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 3,552 | 48.54% |
| Two or more races | 2,393 | 32.7% |
| Other race | 1,277 | 17.45% |
| Black or African American | 53 | 0.72% |
| Asian | 43 | 0.59% |
Wharton 's average per capita income is $51,875. Household income levels show a median of $85,767. The poverty rate stands at 15.26%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $86,250 | - |
| Households | $85,767 | $100,279 |
| Families | $81,815 | $107,810 |
| Non Families | $76,580 | $77,480 |
Average Income
Median Household Income
Poverty Rate