07420 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 07420 is White. The majority race/ethnicity attending public schools in 07420 is White. The current unemployment level in 07420 is 4.7%.
| Population | 5,185 |
| Population Growth Rate | 2.80% |
| Population Density | 1,717 People per Square Mile |
| Total Households | 1,423 |
| Percentage High Income Households | 6.7% |
| Median Household Income (2021) | $100,130 |
| Average Adjusted Gross Income (2021) | $294,470 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicty | White - 72.66% |
| Public School Majority Race/Ethnicty | White - 59.45% |
07420 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 4,125 | 72.66% |
| Black | 118 | 2.08% |
| Hispanic | 1,118 | 19.69% |
| Asian | 289 | 5.09% |
| Native American | 27 | 0.48% |
| Hawaiian/Pac. Islander | 0 | 0% |
07420 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 236 | 60.2% |
| Black | 21 | 5.36% |
| Hispanic | 115 | 29.34% |
| Asian | 18 | 4.59% |
| Native American | 1 | 0.26% |
| Hawaiian/Pac. Islander | 1 | 0.26% |
07420 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 142 | 5.15% |
| Bachelor Degree | 462 | 16.76% |
| High School Diploma | 1,266 | 45.92% |
| No High School Diploma | 22 | 0.8% |
| GED or Alternate | 97 | 3.52% |
| 1 or More Years of College | 406 | 14.73% |
| Associates Degree | 161 | 5.84% |
| Masters Degree | 143 | 5.19% |
| Professional Degree | 20 | 0.73% |
| Doctorate Degree | 38 | 1.38% |