07054 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 07054 is White. The majority race/ethnicity attending public schools in 07054 is Asian. The current unemployment level in 07054 is 4.7%.
| Population | 30,392 |
| Population Growth Rate | 2.69% |
| Population Density | 2,066 People per Square Mile |
| Total Households | 11,046 |
| Percentage High Income Households | 10.1% |
| Median Household Income (2021) | $100,778 |
| Average Adjusted Gross Income (2021) | $392,640 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicity | White - 46.63% |
| Public School Majority Race/Ethnicity | Asian - 46.21% |
07054 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 15,010 | 46.63% |
| Black | 1,053 | 3.27% |
| Hispanic | 3,251 | 10.1% |
| Asian | 12,838 | 39.88% |
| Native American | 40 | 0.12% |
| Hawaiian/Pac. Islander | 0 | 0% |
07054 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 1,368 | 33.57% |
| Black | 133 | 3.26% |
| Hispanic | 625 | 15.34% |
| Asian | 1,939 | 47.58% |
| Native American | 2 | 0.05% |
| Hawaiian/Pac. Islander | 8 | 0.2% |
07054 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 777 | 3.9% |
| Bachelor Degree | 6,618 | 33.19% |
| High School Diploma | 4,500 | 22.57% |
| No High School Diploma | 479 | 2.4% |
| GED or Alternate | 497 | 2.49% |
| 1 or More Years of College | 1,839 | 9.22% |
| Associates Degree | 1,053 | 5.28% |
| Masters Degree | 3,433 | 17.22% |
| Professional Degree | 423 | 2.12% |
| Doctorate Degree | 322 | 1.61% |
