07034 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 07034 is White. The majority race/ethnicity attending public schools in 07034 is Asian. The current unemployment level in 07034 is 4.7%.
| Population | 10,064 |
| Population Growth Rate | 7.29% |
| Population Density | 8,727 People per Square Mile |
| Total Households | 3,538 |
| Percentage High Income Households | 6.4% |
| Median Household Income (2021) | $85,757 |
| Average Adjusted Gross Income (2021) | $296,400 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicty | White - 52.53% |
| Public School Majority Race/Ethnicty | Asian - 59.21% |
07034 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 5,292 | 52.53% |
| Black | 449 | 4.46% |
| Hispanic | 852 | 8.46% |
| Asian | 3,445 | 34.19% |
| Native American | 37 | 0.37% |
| Hawaiian/Pac. Islander | 0 | 0% |
07034 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 174 | 22.17% |
| Black | 9 | 1.15% |
| Hispanic | 122 | 15.54% |
| Asian | 479 | 61.02% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 1 | 0.13% |
07034 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 257 | 3.81% |
| Bachelor Degree | 1,547 | 22.93% |
| High School Diploma | 2,307 | 34.19% |
| No High School Diploma | 177 | 2.62% |
| GED or Alternate | 112 | 1.66% |
| 1 or More Years of College | 906 | 13.43% |
| Associates Degree | 517 | 7.66% |
| Masters Degree | 717 | 10.63% |
| Professional Degree | 117 | 1.73% |
| Doctorate Degree | 91 | 1.35% |