07724 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 07724 is White. The majority race/ethnicity attending public schools in 07724 is White. The current unemployment level in 07724 is 4.7%.
| Population | 23,739 |
| Population Growth Rate | 9.82% |
| Population Density | 1,747 People per Square Mile |
| Total Households | 8,891 |
| Percentage High Income Households | 8.8% |
| Median Household Income (2021) | $90,827 |
| Average Adjusted Gross Income (2021) | $477,920 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicty | White - 73.03% |
| Public School Majority Race/Ethnicty | White - 52.81% |
07724 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 17,122 | 73.03% |
| Black | 2,251 | 9.6% |
| Hispanic | 2,647 | 11.29% |
| Asian | 1,380 | 5.89% |
| Native American | 46 | 0.2% |
| Hawaiian/Pac. Islander | 0 | 0% |
07724 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 1,702 | 55.4% |
| Black | 427 | 13.9% |
| Hispanic | 666 | 21.68% |
| Asian | 273 | 8.89% |
| Native American | 2 | 0.07% |
| Hawaiian/Pac. Islander | 2 | 0.07% |
07724 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 1,203 | 8.18% |
| Bachelor Degree | 3,946 | 26.84% |
| High School Diploma | 3,526 | 23.98% |
| No High School Diploma | 209 | 1.42% |
| GED or Alternate | 170 | 1.16% |
| 1 or More Years of College | 2,012 | 13.69% |
| Associates Degree | 1,140 | 7.75% |
| Masters Degree | 1,957 | 13.31% |
| Professional Degree | 297 | 2.02% |
| Doctorate Degree | 242 | 1.65% |