07062 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 07062 is African American. The majority race/ethnicity attending public schools in 07062 is Hispanic. The current unemployment level in 07062 is 4.7%.
| Population | 14,253 |
| Population Growth Rate | 12.23% |
| Population Density | 7,568 People per Square Mile |
| Total Households | 4,454 |
| Percentage High Income Households | 2.8% |
| Median Household Income (2021) | $83,640 |
| Average Adjusted Gross Income (2021) | $313,420 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicty | African American - 47.52% |
| Public School Majority Race/Ethnicty | Hispanic - 73.00% |
07062 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,981 | 19.69% |
| Black | 7,193 | 47.52% |
| Hispanic | 4,877 | 32.22% |
| Asian | 48 | 0.32% |
| Native American | 38 | 0.25% |
| Hawaiian/Pac. Islander | 0 | 0% |
07062 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 22 | 0.64% |
| Black | 871 | 25.17% |
| Hispanic | 2,541 | 73.42% |
| Asian | 14 | 0.4% |
| Native American | 4 | 0.12% |
| Hawaiian/Pac. Islander | 9 | 0.26% |
07062 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 389 | 5.04% |
| Bachelor Degree | 1,527 | 19.77% |
| High School Diploma | 2,605 | 33.73% |
| No High School Diploma | 236 | 3.06% |
| GED or Alternate | 347 | 4.49% |
| 1 or More Years of College | 1,283 | 16.61% |
| Associates Degree | 581 | 7.52% |
| Masters Degree | 633 | 8.2% |
| Professional Degree | 84 | 1.09% |
| Doctorate Degree | 39 | 0.5% |