ZIP 07863

What ZIP 07863 actually tells you, and what it doesn't

The 07863 ZIP Code Tabulation Area has a population of 3,582 and a median household income of $87,841. Against the other tabulation areas in this dataset, it places as follows.

The median home is priced at about 3.0 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.

Median rent works out to about 18% of median household income, above the midpoint for reporting areas though still short of the 30% cost-burden line. Note that this compares two medians, not the same households: renters here typically earn less than the ZCTA-wide median, so their real share is higher.

At a median age of 50.3, 07863 falls in the oldest quarter of reporting areas. Retirement destinations and long-settled rural areas cluster here, and in both the labour-force measures below cover a smaller share of residents than they would in a younger area.

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