Below you will find a comprehensive overview of the statistics and characteristics of the 07940 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 07940 zip code. The total population is 18054, of which, 8855 are male and 9199 are female. With a total area of 12.043 square miles, the population density is 1455 people per square mile. The median age of the population is 36.1 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.
Year
Population
2011
16577
2012
16779
2013
16915
2014
16888
2015
17302
2016
17311
2017
17242
2018
17156
2019
17523
2020
17794
2021
18054
Age Bracket
Number of People
Percentage of Population
Under 5 years oldÂ
924
5.1%
Age 5-9
1108
6.1%
Age 10-14
1119
6.2%
Age 15-19
1737
9.6%
Age 20-24
2247
12.4
Age 25-29
714
4%
Age 30-34
975
5.4%
Age 35-39
856
4.7%
Age 40-44
1149Â
6.4%
Age 45-49
903
5%
Age 50-54
1533
8.5%
Age 55-59
1486
8.2%
Age 60-64
1040
5.8%
Age 65-69
698
3.9%
Age 70-74
523
2.9%
Age 75-79
475
2.6%
Age 80-84
241
1.3%
Age 85 and over
326
1.8%
Languages Spoken (of those 5 years of age and older) :
Speaks Language other than English: 20 %
Speaks Spanish: 10 %
Speaks Other Indo-European Language: 6.1 %
Speaks Pacific Island Languages: 3.3 %
Speak Other Languages: 0.6 %
Marital Status:Â
Currently Married: 46.9 %
Divorced: 7.6 %
Separated (not divorced): 1 %
Never Married: 39.8 %
Income & Economic Characteristics
The median inflation-adjusted family income in the 07940 zip code is $193125. This is 148.98% greater than the national average. This income places 3.3% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $60719. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.
Annual Income Bracket ($)
Number of Families in Bracket
Less than $10,000.00
27
$10,000.00 – $14,999.00
4
$15,000.00 – $24,999.00
41
$25,000.00 – $34,999.00
31
$35,000.00 – $49,999.00
180
$50,000.00 – $74,999.00
264
$75,000.00 – $99,999.00
224
$100,000.00 – $149,999.00
584
$150,000.00 – $199,999,00
634
$200,000.00 +
1903
Year
Median Family Income ($ USD)
2011
143050
2012
141222
2013
150114
2014
143162
2015
141010
2016
151848
2017
157361
2018
158670
2019
185313
2020
190273
2021
193125
Income Source
# of Households
Wage or Salary
4585
Self Employment
840
Social Security
1446
Dividends, Interest, or Rental
2257
Retirement
1226
Other
608
Total Insured & Uninsured Individuals:Â
Families Insure: 17422
Families Uninsured: 472
Total Individuals with and w/o retirement income:Â
Yes retirement income: 1226
No retirement income: 4484
Education
In the 07940 zip code, 97.2% of individuals over 25 years old have a high school degree or higher, and 69.8% have a bachelors degree or higher. Additionally, 54% of individuals 3 years and older are in private school, and 46% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.
Occupation and Work Characteristics
In the 07940 zip, there are an estimated 9874 people in the labor force, of which, 9136 are employed, and 738 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 26.9 minutes. Of the total people that work, 1637 worked from home and 9015 commuted. The average number of hours worked is 37.5. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.
Occupation
# of Individual
Management, Business, Science, and Arts
5232
Services
930
Sales and Office
2095
Construction and Maintenance:
227
Transportation and Material Moving
652
Housing
The median home value for the 07940 zip code is 748000. There is an estimated 5710 number of occupied housing units, the median gross rent in is $2003 per month, and the average monthly housing costs are estimated to be $2438. 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
16
$50,000 – $99,000
62
$100,000 – $149,999
0
$150,000 – $199,999
0
$200,000 – $299,999
34
$300,000 – $499,999
403
$500,000 – $999,999
2177
$1,000,000+
971
Home Year Built
Number of Homes
2020 or Later
0
2010 – 2019
261
2000 – 2009
193
1980 – 1999
854
1960 – 1979
1190
1940 – 1959
1723
1939 or earlier
1489
The median number of rooms in all housing units is 6.9 rooms.
