ZCTA5 07840

ZIP 07840

ZIP Code Tabulation Area. Census demographic and economic indicators for 07840, drawn from the American Community Survey 5-year estimates.

33K
Population
$104,664
Median income
$353,500
Median home

What ZIP 07840 actually tells you, and what it doesn't

The 07840 ZIP Code Tabulation Area has a population of 32,952 and a median household income of $104,664. Against the other tabulation areas in this dataset, it places as follows.

The median home is priced at about 3.4 times median household income, above the midpoint for reporting areas. A gap of this size usually means demand is being set by buyers whose income is not counted in this ZCTA -- commuters, second-home buyers, or investors.

At the median, rent consumes roughly 16% of a median household's income -- below the midpoint for reporting areas, and well under the 30% line commonly used to define a cost burden.

The median age of 42.6 sits above the midpoint of reporting areas, the pattern of a settled population where more residents are past child-rearing than entering it.

ZCTAs approximate USPS ZIP codes rather than matching them, and these are 5-year ACS estimates, so they trail current conditions.

Population
32,952
Median Income
$104,664
Home Value
$353,500
Median Rent
$1,417

Demographics & Economics

Demographic and economic indicators for ZIP code 07840
Indicator Value Source
Population 32,952 ACS 2022
Median Household Income $104,664 ACS 2022
Median Home Value $353,500 ACS 2022
Median Rent $1,417/mo ACS 2022
Median Age 42.6 ACS 2022
Poverty Rate 5.2% ACS 2022
Unemployment Rate 6.9% ACS 2022
Bachelor's Degree+ 48.2% ACS 2022

Nearby ZIP Codes 8

Data Sources

Data from the Census Bureau American Community Survey (2022 5-year estimates) by ZIP Code Tabulation Area (ZCTA). Geographic boundaries from the U.S. Census Bureau TIGER/Line shapefiles.