07041 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 07041 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateNew Jersey
CityMillburn
Time ZoneAmerica/New_York
Geo Location40.72308, -74.30068
Population7352
Size3.443 square miles
Median Family Income$250,000+.00
Median Home Value$846000.00

Population & Demographics

The following information lists the population statistics and breakdown for the 07041 zip code. The total population is 7352, of which, 3593 are male and 3759 are female. With a total area of 3.443 square miles, the population density is 1966.4 people per square mile. The median age of the population is 40.9 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
20116871
20127090
20137199
20147463
20157328
20167445
20177283
20187075
20196770
20206862
20217352

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 4335.9%
Age 5-96749.2%
Age 10-146188.4%
Age 15-194966.7%
Age 20-241492
Age 25-293034.1%
Age 30-342964%
Age 35-396088.3%
Age 40-44700 9.5%
Age 45-495427.4%
Age 50-544686.4%
Age 55-594446%
Age 60-644496.1%
Age 65-695437.4%
Age 70-742363.2%
Age 75-791872.5%
Age 80-84851.2%
Age 85 and over1211.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 40 %
  • Speaks Spanish: 7.8 %
  • Speaks Other Indo-European Language: 15.7 %
  • Speaks Pacific Island Languages: 15.7 %
  • Speak Other Languages: 0.9 %
Marital Status: 
  • Currently Married: 64.5 %
  • Divorced: 5.5 %
  • Separated (not divorced): 2.4 %
  • Never Married: 22.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 07041 zip code is $250,000+. This is 153.55% greater than the national average. This income places 3.7% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $31278. 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 $10,000.0022
$10,000.00 – $14,999.0029
$15,000.00 – $24,999.0026
$25,000.00 – $34,999.0068
$35,000.00 – $49,999.0062
$50,000.00 – $74,999.00106
$75,000.00 – $99,999.00173
$100,000.00 – $149,999.00148
$150,000.00 – $199,999,00200
$200,000.00 +1181

YearMedian Family Income ($ USD)
2011133393
2012136117
2013137768
2014134375
2015140231
2016140400
2017147109
2018164345
2019196667
2020218893
2021250,000+

Income Source# of Households
Wage or Salary2186
Self Employment316
Social Security810
Dividends, Interest, or Rental1203
Retirement569
Other223

Total Insured & Uninsured Individuals: 
  • Families Insure: 7050
  • Families Uninsured: 302
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 569
  • No retirement income: 2099

Education

In the 07041 zip code, 95.9% of individuals over 25 years old have a high school degree or higher, and 79.9% have a bachelors degree or higher. Additionally, 15.8% of individuals 3 years and older are in private school, and 84.2% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 07041 zip, there are an estimated 3837 people in the labor force, of which, 3674 are employed, and 163 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 42.8 minutes. Of the total people that work, 818 worked from home and 3656 commuted. The average number of hours worked is 41.3. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts2635
Services302
Sales and Office452
Construction and Maintenance:40
Transportation and Material Moving245





Housing

The median home value for the 07041 zip code is 846000. There is an estimated  2668 number of occupied housing units, the median gross rent in is $1801 per month, and the average monthly housing costs are estimated to be $2251. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00012
$50,000 – $99,0006
$100,000 – $149,99931
$150,000 – $199,9990
$200,000 – $299,99940
$300,000 – $499,99987
$500,000 – $999,9991188
$1,000,000+498

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201927
2000 – 20096
1980 – 199994
1960 – 1979251
1940 – 1959926
1939 or earlier1364

The median number of rooms in all housing units is 6.8 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5000
$500 – $9990
$1,000 – $1,499176
$1,500 – $1,999377
$2,000 – $2,499156
$2,499 – $2,99911
$3,000 + 86

Monthly Housing Costs ($)Number of Households
Less than 30010
300-49910
500-79929
800-99924
1000-1499394
1500-1999644
2000-2499444
2500-2999130
3000+983

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%626
20%-24.9%161
25%-29.9%116
30%-34.9%52
35+%166



# of VehiclesHouseholds
None80
11054
21311
3+223
Home Heating Characteristics: 
  • Utility Gas: 82.8 %
  • Bottle Tank or LP Gas: 2.5 %
  • Electricity: 8.4 %
  • Oil or Kerosene etc: 6.4 %
  • Coal or Coke: 0 %
  • All Other: 0 %

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