07034 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 07034 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateNew Jersey
CityLake Hiawatha
Time ZoneAmerica/New_York
Geo Location40.87968, -74.37989
Population9987
Size3.294 square miles
Median Family Income$109638.00
Median Home Value$341500.00

Population & Demographics

The following information lists the population statistics and breakdown for the 07034 zip code. The total population is 9987, of which, 4851 are male and 5136 are female. With a total area of 3.294 square miles, the population density is 2775.7 people per square mile. The median age of the population is 39.1 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.

YearPopulation
20119963
20129773
20139763
20149648
20159745
20169631
20179308
20188964
20199143
20209134
20219987

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 5345.3%
Age 5-95675.7%
Age 10-144164.2%
Age 15-196886.9%
Age 20-243903.9
Age 25-296346.3%
Age 30-348288.3%
Age 35-39103510.4%
Age 40-44574 5.7%
Age 45-494074.1%
Age 50-548118.1%
Age 55-596716.7%
Age 60-647557.6%
Age 65-694674.7%
Age 70-742052.1%
Age 75-796856.9%
Age 80-841561.6%
Age 85 and over1641.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 42.8 %
  • Speaks Spanish: 5.8 %
  • Speaks Other Indo-European Language: 18.1 %
  • Speaks Pacific Island Languages: 18.9 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 50.8 %
  • Divorced: 12.6 %
  • Separated (not divorced): 0.6 %
  • Never Married: 29 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 07034 zip code is $109638. This is 26.99% 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 $28768. 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 $10,000.0042
$10,000.00 – $14,999.000
$15,000.00 – $24,999.0025
$25,000.00 – $34,999.000
$35,000.00 – $49,999.00158
$50,000.00 – $74,999.00247
$75,000.00 – $99,999.00582
$100,000.00 – $149,999.00720
$150,000.00 – $199,999,00418
$200,000.00 +363

YearMedian Family Income ($ USD)
201190895
201290583
201393591
201497532
201597435
2016100208
2017100433
2018105707
2019108202
202097078
2021109638

Income Source# of Households
Wage or Salary3261
Self Employment293
Social Security1299
Dividends, Interest, or Rental864
Retirement888
Other307

Total Insured & Uninsured Individuals: 
  • Families Insure: 9502
  • Families Uninsured: 485
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 888
  • No retirement income: 3176

Education

In the 07034 zip code, 92.6% of individuals over 25 years old have a high school degree or higher, and 54% have a bachelors degree or higher. Additionally, 9.5% of individuals 3 years and older are in private school, and 90.5% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 07034 zip, there are an estimated 5768 people in the labor force, of which, 5463 are employed, and 305 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 24.7 minutes. Of the total people that work, 339 worked from home and 5258 commuted. The average number of hours worked is 37.8. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts2892
Services817
Sales and Office1265
Construction and Maintenance:132
Transportation and Material Moving357





Housing

The median home value for the 07034 zip code is 341500. There is an estimated  4064 number of occupied housing units, the median gross rent in is $1339 per month, and the average monthly housing costs are estimated to be $1405. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00010
$50,000 – $99,0000
$100,000 – $149,999146
$150,000 – $199,99994
$200,000 – $299,999649
$300,000 – $499,9991213
$500,000 – $999,999284
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later7
2010 – 20192
2000 – 200985
1980 – 1999657
1960 – 19791650
1940 – 19591276
1939 or earlier387

The median number of rooms in all housing units is 4.7 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5000
$500 – $99914
$1,000 – $1,4991336
$1,500 – $1,999251
$2,000 – $2,49910
$2,499 – $2,99957
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 30015
300-4990
500-799285
800-999246
1000-14991937
1500-1999514
2000-2499280
2500-2999397
3000+390

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%547
20%-24.9%311
25%-29.9%162
30%-34.9%122
35+%361



# of VehiclesHouseholds
None150
11950
21127
3+837
Home Heating Characteristics: 
  • Utility Gas: 60.2 %
  • Bottle Tank or LP Gas: 4.2 %
  • Electricity: 13.9 %
  • Oil or Kerosene etc: 19.6 %
  • Coal or Coke: 0 %
  • All Other: 1.8 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.