07016 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 07016 is White. The majority race/ethnicity attending public schools in 07016 is White. The current unemployment level in 07016 is 4.1%.
| Population | 23,838 |
| Population Growth Rate | -0.62% |
| Population Density | 4,887 People per Square Mile |
| Total Households | 8,350 |
| Percentage High Income Households | 19.1% |
| Median Household Income (2021) | $139,394 |
| Average Adjusted Gross Income (2021) | $430,610 |
| Current Unemployment Rate (November 2024) | 4.1% |
| Majority Race/Ethnicty | White - 88.46% |
| Public School Majority Race/Ethnicty | White - 79.94% |
07016 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 21,678 | 88.46% |
| Black | 379 | 1.55% |
| Hispanic | 1,781 | 7.27% |
| Asian | 669 | 2.73% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
07016 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,969 | 82.36% |
| Black | 108 | 3% |
| Hispanic | 375 | 10.4% |
| Asian | 151 | 4.19% |
| Native American | 1 | 0.03% |
| Hawaiian/Pac. Islander | 1 | 0.03% |
07016 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 583 | 3.81% |
| Bachelor Degree | 4,781 | 31.24% |
| High School Diploma | 3,448 | 22.53% |
| No High School Diploma | 125 | 0.82% |
| GED or Alternate | 162 | 1.06% |
| 1 or More Years of College | 1,736 | 11.34% |
| Associates Degree | 1,068 | 6.98% |
| Masters Degree | 2,491 | 16.27% |
| Professional Degree | 677 | 4.42% |
| Doctorate Degree | 235 | 1.54% |