07042 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 07042 is White. The majority race/ethnicity attending public schools in 07042 is White. The current unemployment level in 07042 is 5.4%.
Population | 26,945 |
Population Growth Rate | 6.56% |
Population Density | 7,201 People per Square Mile |
Total Households | 10,097 |
Percentage High Income Households | 13.1% |
Median Household Income (2021) | $128,581 |
Average Adjusted Gross Income (2021) | $750,890 |
Current Unemployment Rate (October 2024) | 5.4% |
Majority Race/Ethnicty | White - 50.82% |
Public School Majority Race/Ethnicty | White - 50.78% |
07042 Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 14,246 | 50.82% |
Black | 8,788 | 31.35% |
Hispanic | 3,342 | 11.92% |
Asian | 1,657 | 5.91% |
Native American | 0 | 0% |
Hawaiian/Pac. Islander | 0 | 0% |
07042 Public School Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 3,230 | 55.53% |
Black | 1,397 | 24.02% |
Hispanic | 847 | 14.56% |
Asian | 332 | 5.71% |
Native American | 6 | 0.1% |
Hawaiian/Pac. Islander | 5 | 0.09% |
07042 Educational Attainment Levels
Highest Education Level Attained | Total | Percentage |
Less Than 1 Year of College | 457 | 2.79% |
Bachelor Degree | 5,273 | 32.23% |
High School Diploma | 2,497 | 15.26% |
No High School Diploma | 291 | 1.78% |
GED or Alternate | 413 | 2.52% |
1 or More Years of College | 1,892 | 11.56% |
Associates Degree | 779 | 4.76% |
Masters Degree | 3,088 | 18.87% |
Professional Degree | 1,142 | 6.98% |
Doctorate Degree | 529 | 3.23% |