07045 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 07045 is White. The majority race/ethnicity attending public schools in 07045 is White. The current unemployment level in 07045 is 4.7%.
| Population | 10,240 |
| Population Growth Rate | -5.58% |
| Population Density | 1,274 People per Square Mile |
| Total Households | 3,626 |
| Percentage High Income Households | 26.8% |
| Median Household Income (2021) | $149,659 |
| Average Adjusted Gross Income (2021) | $531,030 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicity | White - 68.19% |
| Public School Majority Race/Ethnicity | White - 65.14% |
07045 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 6,819 | 68.19% |
| Black | 99 | 0.99% |
| Hispanic | 369 | 3.69% |
| Asian | 2,704 | 27.04% |
| Native American | 9 | 0.09% |
| Hawaiian/Pac. Islander | 0 | 0% |
07045 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 1,626 | 66.48% |
| Black | 34 | 1.39% |
| Hispanic | 201 | 8.22% |
| Asian | 562 | 22.98% |
| Native American | 5 | 0.2% |
| Hawaiian/Pac. Islander | 18 | 0.74% |
07045 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 428 | 6.35% |
| Bachelor Degree | 2,215 | 32.87% |
| High School Diploma | 1,184 | 17.57% |
| No High School Diploma | 78 | 1.16% |
| GED or Alternate | 116 | 1.72% |
| 1 or More Years of College | 541 | 8.03% |
| Associates Degree | 369 | 5.48% |
| Masters Degree | 1,267 | 18.8% |
| Professional Degree | 352 | 5.22% |
| Doctorate Degree | 189 | 2.8% |
