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ZIP CODE TABULATION AREA

07054

New Jersey · 29,480 residents · 13.831 sq mi
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ZIP 07054 is wealthier than most US places, with a median household income of $104,214. Population has held roughly steady since 2024. 61% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $587,000. Among the 46 ZIP codes in Morris County, 07054 ranks 39th by median household income.

$104,214
US average: $82,259
$587,000
US average: $376,019
61.4%
US average: 35.6%
Age, sex & households
Under 18
17.2%
Age 65+
19.7%
50.4%
49.6%
2.39 people
Race & ethnicity · 2024
2024
White, non-Hispanic40.5%(11,942)
Black3.9%(1,154)
Hispanic / Latino8.9%(2,637)
Asian43.3%(12,779)
Other3.3%(968)
Diversity Score79.7%(23,488)
Housing
Commute & vehicles
Work & employment
People & community
Affordability & inequality
Within Morris County
Income rank vs other ZIPs
LOWEST39TH OF 46HIGHEST
Adjacent ZIPs
07005$132,629
07034$104,663
07035$123,234
07045$185,078
Frequently asked

How many people live in ZIP code 07054?

ZIP code 07054 has about 29,480 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 07054?

The typical household in ZIP code 07054 earns about $104,214 a year. Half of households make more than that, and half make less.

Is ZIP code 07054 expensive?

In ZIP code 07054, the median home is worth about $587,000, and the typical rent is about $1,731 a month.

How educated are people in ZIP code 07054?

About 61.4% of adults age 25 and over in ZIP code 07054 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 07054?

About 6.4% of people in ZIP code 07054 live below the federal poverty line.

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