07506 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 07506 is White. The majority race/ethnicity attending public schools in 07506 is White. The current unemployment level in 07506 is 4.7%.
| Population | 19,456 |
| Population Growth Rate | 2.32% |
| Population Density | 5,742 People per Square Mile |
| Total Households | 6,928 |
| Percentage High Income Households | 9.9% |
| Median Household Income (2021) | $107,416 |
| Average Adjusted Gross Income (2021) | $356,220 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicity | White - 69.38% |
| Public School Majority Race/Ethnicity | White - 51.62% |
07506 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 14,956 | 69.38% |
| Black | 1,173 | 5.44% |
| Hispanic | 5,257 | 24.39% |
| Asian | 170 | 0.79% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
07506 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 1,018 | 52.37% |
| Black | 73 | 3.76% |
| Hispanic | 819 | 42.13% |
| Asian | 33 | 1.7% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 1 | 0.05% |
07506 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 788 | 6.5% |
| Bachelor Degree | 2,994 | 24.69% |
| High School Diploma | 3,621 | 29.86% |
| No High School Diploma | 218 | 1.8% |
| GED or Alternate | 307 | 2.53% |
| 1 or More Years of College | 1,843 | 15.2% |
| Associates Degree | 989 | 8.16% |
| Masters Degree | 1,050 | 8.66% |
| Professional Degree | 276 | 2.28% |
| Doctorate Degree | 41 | 0.34% |
