07005 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 07005 is White. The majority race/ethnicity attending public schools in 07005 is White. The current unemployment level in 07005 is 4.2%.
| Population | 15,106 |
| Population Growth Rate | -2.85% |
| Population Density | 748 People per Square Mile |
| Total Households | 5,557 |
| Percentage High Income Households | 14.3% |
| Median Household Income (2021) | $110,350 |
| Average Adjusted Gross Income (2021) | $509,430 |
| Current Unemployment Rate (December 2024) | 4.2% |
| Majority Race/Ethnicty | White - 75.61% |
| Public School Majority Race/Ethnicty | White - 58.76% |
07005 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 11,649 | 75.61% |
| Black | 792 | 5.14% |
| Hispanic | 1,563 | 10.14% |
| Asian | 1,396 | 9.06% |
| Native American | 7 | 0.05% |
| Hawaiian/Pac. Islander | 0 | 0% |
07005 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,228 | 59.87% |
| Black | 102 | 4.97% |
| Hispanic | 391 | 19.06% |
| Asian | 316 | 15.41% |
| Native American | 6 | 0.29% |
| Hawaiian/Pac. Islander | 8 | 0.39% |
07005 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 440 | 4.32% |
| Bachelor Degree | 3,378 | 33.2% |
| High School Diploma | 2,619 | 25.74% |
| No High School Diploma | 70 | 0.69% |
| GED or Alternate | 150 | 1.47% |
| 1 or More Years of College | 1,255 | 12.34% |
| Associates Degree | 608 | 5.98% |
| Masters Degree | 1,120 | 11.01% |
| Professional Degree | 274 | 2.69% |
| Doctorate Degree | 260 | 2.56% |