CensusEasy
ZIP CODE TABULATION AREA

07040

New Jersey · 25,613 residents · 3.874 sq mi
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ZIP 07040 is significantly wealthier than the US average, with a median household income of $173,500. Population has held roughly steady since 2024. 73% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $720,700. Poverty is rare here, at 3.3% of residents. Households here earn about 115% more than the Essex County median. Among the 31 ZIP codes in Essex County, 07040 ranks 8th by median household income.

$173,500
US average: $82,259
$720,700
US average: $376,019
72.7%
US average: 35.6%
Age, sex & households
Under 18
28.4%
Age 65+
11.8%
49.1%
50.9%
2.95 people
Race & ethnicity · 2024
2024
White, non-Hispanic51.2%(13,104)
Black27.6%(7,081)
Hispanic / Latino11.2%(2,872)
Asian3.8%(979)
Other6.2%(1,577)
Diversity Score80.5%(20,618)
Housing
Commute & vehicles
Work & employment
People & community
Affordability & inequality
Within Essex County
Income rank vs other ZIPs
LOWEST8TH OF 31HIGHEST
Adjacent ZIPs
07003$103,663
07004$115,980
07006$149,102
07009$151,625
Frequently asked

How many people live in ZIP code 07040?

ZIP code 07040 has about 25,613 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 07040?

The typical household in ZIP code 07040 earns about $173,500 a year. Half of households make more than that, and half make less.

Is ZIP code 07040 expensive?

In ZIP code 07040, the median home is worth about $720,700, and the typical rent is about $2,269 a month.

How educated are people in ZIP code 07040?

About 72.7% of adults age 25 and over in ZIP code 07040 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 07040?

About 3.3% of people in ZIP code 07040 live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR · ZCTA · UPDATED 2024