07403 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 07403 is White. The majority race/ethnicity attending public schools in 07403 is White. The current unemployment level in 07403 is 4.2%.
| Population | 7,726 |
| Population Growth Rate | -3.65% |
| Population Density | 883 People per Square Mile |
| Total Households | 2,830 |
| Percentage High Income Households | 3.0% |
| Median Household Income (2021) | $116,305 |
| Average Adjusted Gross Income (2020) | $85,310 |
| Current Unemployment Rate (April 2024) | 4.2% |
| Majority Race/Ethnicty | White - 74.74% |
| Public School Majority Race/Ethnicty | White - 64.78% |
07403 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 6,292 | 74.74% |
| Black | 379 | 4.5% |
| Hispanic | 1,355 | 16.09% |
| Asian | 369 | 4.38% |
| Native American | 24 | 0.29% |
| Hawaiian/Pac. Islander | 0 | 0% |
07403 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 355 | 66.48% |
| Black | 14 | 2.62% |
| Hispanic | 147 | 27.53% |
| Asian | 8 | 1.5% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 10 | 1.87% |
07403 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 345 | 7.1% |
| Bachelor Degree | 848 | 17.44% |
| High School Diploma | 1,832 | 37.69% |
| No High School Diploma | 96 | 1.97% |
| GED or Alternate | 180 | 3.7% |
| 1 or More Years of College | 649 | 13.35% |
| Associates Degree | 442 | 9.09% |
| Masters Degree | 377 | 7.76% |
| Professional Degree | 56 | 1.15% |
| Doctorate Degree | 36 | 0.74% |