07088 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 07088 is African American. The current unemployment level in 07088 is 4.1%.
| Population | 3,056 |
| Population Growth Rate | -11.59% |
| Population Density | 9,123 People per Square Mile |
| Total Households | 1,265 |
| Percentage High Income Households | 0.6% |
| Median Household Income (2021) | $76,875 |
| Average Adjusted Gross Income (2021) | $350,830 |
| Current Unemployment Rate (November 2024) | 4.1% |
| Majority Race/Ethnicty | African American - 71.26% |
07088 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 264 | 9.23% |
| Black | 2,038 | 71.26% |
| Hispanic | 492 | 17.2% |
| Asian | 55 | 1.92% |
| Native American | 11 | 0.38% |
| Hawaiian/Pac. Islander | 0 | 0% |
07088 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 94 | 4.39% |
| Bachelor Degree | 326 | 15.23% |
| High School Diploma | 867 | 40.5% |
| No High School Diploma | 80 | 3.74% |
| GED or Alternate | 93 | 4.34% |
| 1 or More Years of College | 448 | 20.92% |
| Associates Degree | 146 | 6.82% |
| Masters Degree | 79 | 3.69% |
| Professional Degree | 8 | 0.37% |
| Doctorate Degree | 0 | 0% |