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ZIP Code 07416, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 07416.

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Community Insights

High Incomes
$96k/year
top 21% nationally
Leading Industries
Transportation · Manufacturing · Information & Media
4% transportation
Home Value Growth⬆⬆⬆
+34.5% over 2 years
Retirees
23% of residents
slightly above average
Homeowners
60% of occupied units

People & Demographics

Total Population6,055
Households
Under 18
17.0%
Age 18–34
22.0%
Age 35–64
37.0%
Age 65+
23.0%
Veterans
7.0%
Active Duty
0.0%

Housing & Living

Median Home Value$279,944
Median Gross Rent$1,553/mo
Owner Occupied
59.5%
Renter Occupied
40.5%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$96,224
Poverty Rate

Key Industries

Healthcare9.0%
Professional Services2.0%
Manufacturing2.0%
Retail8.0%
Education1.0%

Amenities & Transit

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

Education

High School Grad
Bachelor's Degree
15.0%
Master's or Higher
6.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 07416?

The total population of ZIP code 07416 is approximately 6,055. 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 07416?

The housing market in ZIP code 07416 is predominantly driven by homeowners, with 60% of housing units being owner-occupied and 40% being renter-occupied.

What is the education level of residents in ZIP code 07416?

In ZIP code 07416, approximately 15% of adult residents hold a bachelor's degree or higher. Additionally, 6% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.