Described by "The New York Times" in 1973 as "one of the most restrictive and elegant of New Jersey's residential suburban areas" and in 1998 as an "affluent Morris County township", the community has been one of the state's highest-income municipalities. Harding Township had a per capita income of $109,472 and was ranked first in New Jersey based on data from the 2006-2010 American Community Survey from the United States Census Bureau, more than triple the statewide average of $34,858. Based on data from the ACS for 2014–2018, Harding Township ranked sixth in the state with a median household income of $183,587 and had almost half of households earning more than $200 thousand annually.