ZIP 07874

What ZIP 07874 actually tells you, and what it doesn't

The 07874 ZIP Code Tabulation Area has a population of 8,534 and a median household income of $125,732. Against the other tabulation areas in this dataset, it places as follows.

A home at the median costs roughly 2.4 years of median household income, a little below the midpoint of the 29,491 tabulation areas reporting both. Buying is within reach of a typical local income here in a way it is not across most of the country.

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.

A median age of 41.4 is on the younger side of the reporting range -- the profile of an area still taking in households at the family-forming stage rather than one that has finished doing so.

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