07020 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 07020 is Asian. The majority race/ethnicity attending public schools in 07020 is Asian. The current unemployment level in 07020 is 4.2%.
| Population | 14,394 |
| Population Growth Rate | 17.01% |
| Population Density | 5,940 People per Square Mile |
| Total Households | 5,770 |
| Percentage High Income Households | 12.4% |
| Median Household Income (2021) | $126,483 |
| Average Adjusted Gross Income (2021) | $515,940 |
| Current Unemployment Rate (December 2024) | 4.2% |
| Majority Race/Ethnicty | Asian - 42.14% |
| Public School Majority Race/Ethnicty | Asian - 42.71% |
07020 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 5,823 | 39.86% |
| Black | 718 | 4.92% |
| Hispanic | 1,911 | 13.08% |
| Asian | 6,155 | 42.14% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
07020 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 181 | 28.33% |
| Black | 37 | 5.79% |
| Hispanic | 130 | 20.34% |
| Asian | 290 | 45.38% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 1 | 0.16% |
07020 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 166 | 1.89% |
| Bachelor Degree | 3,814 | 43.53% |
| High School Diploma | 804 | 9.18% |
| No High School Diploma | 138 | 1.57% |
| GED or Alternate | 98 | 1.12% |
| 1 or More Years of College | 674 | 7.69% |
| Associates Degree | 358 | 4.09% |
| Masters Degree | 1,552 | 17.71% |
| Professional Degree | 747 | 8.53% |
| Doctorate Degree | 411 | 4.69% |