As of the 2000 United States Census, Ho-Ho-Kus was the 15th-wealthiest community in New Jersey with a per capita money income of $63,594 as of 1999, an increase of 36.9% from the $46,451 recorded in 1989. The borough's median household income was $165,827 in 2013. In 2011, "New Jersey Monthly" magazine named Ho-Ho-Kus the best place to live in the state of New Jersey, citing its affluence, low crime rate and the quality of its school system, as well as its proximity to New York City and other major commercial destinations.