Below you will find a comprehensive overview of the statistics and characteristics of the 07016 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.
The following information lists the population statistics and breakdown for the 07016 zip code. The total population is 23823, of which, 11867 are male and 11956 are female. With a total area of 12.492 square miles, the population density is 1922.3 people per square mile. The median age of the population is 42.7 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.
Year
Population
2011
22499
2012
22659
2013
22846
2014
23150
2015
23328
2016
23531
2017
23972
2018
23882
2019
24014
2020
24036
2021
23823
Age Bracket
Number of People
Percentage of Population
Under 5 years oldÂ
1305
5.5%
Age 5-9
1748
7.3%
Age 10-14
1312
5.5%
Age 15-19
1739
7.3%
Age 20-24
908
3.8
Age 25-29
1114
4.7%
Age 30-34
1344
5.6%
Age 35-39
1664
7%
Age 40-44
1552Â
6.5%
Age 45-49
1488
6.2%
Age 50-54
2148
9%
Age 55-59
1575
6.6%
Age 60-64
1432
6%
Age 65-69
1049
4.4%
Age 70-74
986
4.1%
Age 75-79
981
4.1%
Age 80-84
395
1.7%
Age 85 and over
1083
4.5%
Languages Spoken (of those 5 years of age and older) :
Speaks Language other than English: 13 %
Speaks Spanish: 4.7 %
Speaks Other Indo-European Language: 5.5 %
Speaks Pacific Island Languages: 1.6 %
Speak Other Languages: 1.3 %
Marital Status:Â
Currently Married: 56.1 %
Divorced: 6.7 %
Separated (not divorced): 0.6 %
Never Married: 27.1 %
Income & Economic Characteristics
The median inflation-adjusted family income in the 07016 zip code is $175337. This is 109.42% greater than the national average. This income places 2.8% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $31882. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.
Annual Income Bracket ($)
Number of Families in Bracket
Less than $10,000.00
23
$10,000.00 – $14,999.00
29
$15,000.00 – $24,999.00
111
$25,000.00 – $34,999.00
79
$35,000.00 – $49,999.00
280
$50,000.00 – $74,999.00
469
$75,000.00 – $99,999.00
542
$100,000.00 – $149,999.00
1016
$150,000.00 – $199,999,00
1400
$200,000.00 +
2433
Year
Median Family Income ($ USD)
2011
132358
2012
136738
2013
136324
2014
138377
2015
135500
2016
137620
2017
139989
2018
148345
2019
158457
2020
170705
2021
175337
Income Source
# of Households
Wage or Salary
6964
Self Employment
872
Social Security
3159
Dividends, Interest, or Rental
3871
Retirement
2426
Other
771
Total Insured & Uninsured Individuals:Â
Families Insure: 23196
Families Uninsured: 384
Total Individuals with and w/o retirement income:Â
Yes retirement income: 2426
No retirement income: 6603
Education
In the 07016 zip code, 97% of individuals over 25 years old have a high school degree or higher, and 60.9% have a bachelors degree or higher. Additionally, 14.8% of individuals 3 years and older are in private school, and 85.2% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.
Occupation and Work Characteristics
In the 07016 zip, there are an estimated 13097 people in the labor force, of which, 12493 are employed, and 583 are unemployed. There are a total of 21 people in the armed forces. The average commute time for this zip code is 35.2 minutes. Of the total people that work, 1859 worked from home and 12361 commuted. The average number of hours worked is 40. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.
Occupation
# of Individual
Management, Business, Science, and Arts
7834
Services
1089
Sales and Office
2325
Construction and Maintenance:
718
Transportation and Material Moving
527
Housing
The median home value for the 07016 zip code is 538900. There is an estimated 9029 number of occupied housing units, the median gross rent in is $1796 per month, and the average monthly housing costs are estimated to be $2344. Below you’ll find additional breakdowns of home values, rents, home build years, and more.
Home Value (USD)
Number of Homes
Less than $50,000
48
$50,000 – $99,000
33
$100,000 – $149,999
8
$150,000 – $199,999
61
$200,000 – $299,999
287
$300,000 – $499,999
2626
$500,000 – $999,999
3974
$1,000,000+
123
Home Year Built
Number of Homes
2020 or Later
11
2010 – 2019
277
2000 – 2009
162
1980 – 1999
509
1960 – 1979
1476
1940 – 1959
3755
1939 or earlier
2839
The median number of rooms in all housing units is 7 rooms.
