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ZIP Code 07005, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 07005.

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Community Insights

Highly Educated
35% bachelor's · 15% graduate
top 5% nationally
High Incomes
$133k/year
top 6% nationally
Leading Industries
Education · Arts, Food & Hospitality · Healthcare
3% education
Home Value Growth⬆⬆
+19.4% over 2 years
Family-Friendly
23% of residents
near the national average
Homeowners
68% of occupied units

People & Demographics

Total Population14,768
Households
Under 18
23.0%
Age 18–34
25.0%
Age 35–64
34.0%
Age 65+
18.0%
Veterans
3.0%
Active Duty
0.0%

Housing & Living

Median Home Value$577,944
Median Gross Rent$1,832/mo
Owner Occupied
68.2%
Renter Occupied
31.8%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$133,102
Poverty Rate

Key Industries

Healthcare14.0%
Professional Services2.0%
Manufacturing0.0%
Retail12.0%
Education3.0%

Amenities & Transit

Transit Score
Walkability / Amenities
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
35.0%
Master's or Higher
15.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 07005?

The total population of ZIP code 07005 is approximately 14,768. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in ZIP code 07005?

The housing market in ZIP code 07005 is predominantly driven by homeowners, with 68% of housing units being owner-occupied and 32% being renter-occupied.

What is the education level of residents in ZIP code 07005?

In ZIP code 07005, approximately 35% of adult residents hold a bachelor's degree or higher. Additionally, 15% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.