07405 can be classified socioeconomically as Middle Class class compared to other ZIP Codes in New Jersey based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 07405 is White. The majority race/ethnicity attending public schools in 07405 is White. The current unemployment level in 07405 is 4.7%.
| Population | 17,993 |
| Population Growth Rate | 1.20% |
| Population Density | 851 People per Square Mile |
| Total Households | 6,443 |
| Percentage High Income Households | 18.2% |
| Median Household Income (2021) | $117,740 |
| Average Adjusted Gross Income (2021) | $509,780 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicty | White - 81.49% |
| Public School Majority Race/Ethnicty | White - 75.11% |
07405 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 15,871 | 81.45% |
| Black | 89 | 0.46% |
| Hispanic | 2,387 | 12.25% |
| Asian | 1,006 | 5.16% |
| Native American | 124 | 0.64% |
| Hawaiian/Pac. Islander | 8 | 0.04% |
07405 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,091 | 76.96% |
| Black | 47 | 1.73% |
| Hispanic | 413 | 15.2% |
| Asian | 150 | 5.52% |
| Native American | 7 | 0.26% |
| Hawaiian/Pac. Islander | 9 | 0.33% |
07405 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 502 | 4.25% |
| Bachelor Degree | 3,870 | 32.8% |
| High School Diploma | 2,491 | 21.11% |
| No High School Diploma | 136 | 1.15% |
| GED or Alternate | 164 | 1.39% |
| 1 or More Years of College | 1,502 | 12.73% |
| Associates Degree | 821 | 6.96% |
| Masters Degree | 1,587 | 13.45% |
| Professional Degree | 456 | 3.86% |
| Doctorate Degree | 271 | 2.3% |