07024 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 07024 is White. The majority race/ethnicity attending public schools in 07024 is Asian. The current unemployment level in 07024 is 4.7%.
| Population | 39,781 |
| Population Growth Rate | 7.08% |
| Population Density | 13,711 People per Square Mile |
| Total Households | 16,548 |
| Percentage High Income Households | 9.5% |
| Median Household Income (2021) | $92,456 |
| Average Adjusted Gross Income (2021) | $525,920 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicty | White - 45.12% |
| Public School Majority Race/Ethnicty | Asian - 46.42% |
07024 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 18,758 | 45.09% |
| Black | 933 | 2.24% |
| Hispanic | 5,324 | 12.8% |
| Asian | 16,412 | 39.45% |
| Native American | 150 | 0.36% |
| Hawaiian/Pac. Islander | 21 | 0.05% |
07024 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,105 | 27.65% |
| Black | 178 | 4.45% |
| Hispanic | 806 | 20.17% |
| Asian | 1,893 | 47.37% |
| Native American | 4 | 0.1% |
| Hawaiian/Pac. Islander | 10 | 0.25% |
07024 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 951 | 3.67% |
| Bachelor Degree | 9,217 | 35.54% |
| High School Diploma | 5,318 | 20.5% |
| No High School Diploma | 342 | 1.32% |
| GED or Alternate | 190 | 0.73% |
| 1 or More Years of College | 2,873 | 11.08% |
| Associates Degree | 1,339 | 5.16% |
| Masters Degree | 4,013 | 15.47% |
| Professional Degree | 1,134 | 4.37% |
| Doctorate Degree | 560 | 2.16% |