07094 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 07094 is White. The majority race/ethnicity attending public schools in 07094 is Hispanic. The current unemployment level in 07094 is 4.7%.
| Population | 21,470 |
| Population Growth Rate | 0.00% |
| Population Density | 3,285 People per Square Mile |
| Total Households | 6,214 |
| Percentage High Income Households | 11.8% |
| Median Household Income (2021) | $125,246 |
| Average Adjusted Gross Income (2021) | $391,620 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicty | White - 46.88% |
| Public School Majority Race/Ethnicty | Hispanic - 35.91% |
07094 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 10,683 | 46.88% |
| Black | 984 | 4.32% |
| Hispanic | 3,907 | 17.14% |
| Asian | 7,162 | 31.43% |
| Native American | 52 | 0.23% |
| Hawaiian/Pac. Islander | 0 | 0% |
07094 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 1,020 | 30.76% |
| Black | 179 | 5.4% |
| Hispanic | 1,216 | 36.67% |
| Asian | 891 | 26.87% |
| Native American | 1 | 0.03% |
| Hawaiian/Pac. Islander | 9 | 0.27% |
07094 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 421 | 3.81% |
| Bachelor Degree | 3,002 | 27.16% |
| High School Diploma | 2,936 | 26.56% |
| No High School Diploma | 365 | 3.3% |
| GED or Alternate | 251 | 2.27% |
| 1 or More Years of College | 1,082 | 9.79% |
| Associates Degree | 968 | 8.76% |
| Masters Degree | 1,595 | 14.43% |
| Professional Degree | 291 | 2.63% |
| Doctorate Degree | 142 | 1.28% |