Below you will find a comprehensive overview of the statistics and characteristics of the 07023 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 07023 zip code. The total population is 7727, of which, 3543 are male and 4184 are female. With a total area of 3.47 square miles, the population density is 2207.7 people per square mile. The median age of the population is 42.5 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
7264
2012
7313
2013
7390
2014
7475
2015
7479
2016
7530
2017
7648
2018
7602
2019
7660
2020
7686
2021
7727
Age Bracket
Number of People
Percentage of Population
Under 5 years oldÂ
344
4.5%
Age 5-9
586
7.6%
Age 10-14
566
7.3%
Age 15-19
476
6.2%
Age 20-24
341
4.4
Age 25-29
370
4.8%
Age 30-34
370
4.8%
Age 35-39
437
5.7%
Age 40-44
647Â
8.4%
Age 45-49
606
7.8%
Age 50-54
476
6.2%
Age 55-59
1013
13.1%
Age 60-64
361
4.7%
Age 65-69
416
5.4%
Age 70-74
255
3.3%
Age 75-79
125
1.6%
Age 80-84
127
1.6%
Age 85 and over
211
2.7%
Languages Spoken (of those 5 years of age and older) :
Speaks Language other than English: 11.1 %
Speaks Spanish: 4 %
Speaks Other Indo-European Language: 5.4 %
Speaks Pacific Island Languages: 1.7 %
Speak Other Languages: 0 %
Marital Status:Â
Currently Married: 68.3 %
Divorced: 7.5 %
Separated (not divorced): 0.6 %
Never Married: 20.4 %
Income & Economic Characteristics
The median inflation-adjusted family income in the 07023 zip code is $194674. This is 170.23% greater than the national average. This income places 2% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $33413. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.
Annual Income Bracket ($)
Number of Families in Bracket
Less than $10,000.00
17
$10,000.00 – $14,999.00
0
$15,000.00 – $24,999.00
9
$25,000.00 – $34,999.00
39
$35,000.00 – $49,999.00
52
$50,000.00 – $74,999.00
95
$75,000.00 – $99,999.00
259
$100,000.00 – $149,999.00
338
$150,000.00 – $199,999,00
343
$200,000.00 +
1114
Year
Median Family Income ($ USD)
2011
133636
2012
134091
2013
138458
2014
128830
2015
127390
2016
144559
2017
155880
2018
156736
2019
163571
2020
193092
2021
194674
Income Source
# of Households
Wage or Salary
2179
Self Employment
252
Social Security
696
Dividends, Interest, or Rental
754
Retirement
463
Other
271
Total Insured & Uninsured Individuals:Â
Families Insure: 7411
Families Uninsured: 219
Total Individuals with and w/o retirement income:Â
Yes retirement income: 463
No retirement income: 2207
Education
In the 07023 zip code, 97.7% of individuals over 25 years old have a high school degree or higher, and 70.4% have a bachelors degree or higher. Additionally, 9.2% of individuals 3 years and older are in private school, and 90.8% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.
Occupation and Work Characteristics
In the 07023 zip, there are an estimated 4420 people in the labor force, of which, 4196 are employed, and 224 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 44.7 minutes. Of the total people that work, 917 worked from home and 4169 commuted. The average number of hours worked is 41.7. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.
Occupation
# of Individual
Management, Business, Science, and Arts
2859
Services
323
Sales and Office
797
Construction and Maintenance:
109
Transportation and Material Moving
108
Housing
The median home value for the 07023 zip code is 498400. There is an estimated 2670 number of occupied housing units, the median gross rent in is $1869 per month, and the average monthly housing costs are estimated to be $2962. 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
0
$50,000 – $99,000
0
$100,000 – $149,999
0
$150,000 – $199,999
0
$200,000 – $299,999
85
$300,000 – $499,999
1123
$500,000 – $999,999
1127
$1,000,000+
55
Home Year Built
Number of Homes
2020 or Later
0
2010 – 2019
133
2000 – 2009
150
1980 – 1999
126
1960 – 1979
369
1940 – 1959
1194
1939 or earlier
698
The median number of rooms in all housing units is 7.6 rooms.
