07407 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 07407 is White. The majority race/ethnicity attending public schools in 07407 is Hispanic. The current unemployment level in 07407 is 4.2%.
| Population | 21,261 |
| Population Growth Rate | 4.66% |
| Population Density | 7,751 People per Square Mile |
| Total Households | 7,231 |
| Percentage High Income Households | 5.9% |
| Median Household Income (2021) | $75,091 |
| Average Adjusted Gross Income (2021) | $379,460 |
| Current Unemployment Rate (February 2025) | 4.2% |
| Majority Race/Ethnicty | White - 59.90% |
| Public School Majority Race/Ethnicty | Hispanic - 38.96% |
07407 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 14,383 | 59.9% |
| Black | 1,491 | 6.21% |
| Hispanic | 5,701 | 23.74% |
| Asian | 2,380 | 9.91% |
| Native American | 57 | 0.24% |
| Hawaiian/Pac. Islander | 0 | 0% |
07407 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 976 | 38.95% |
| Black | 260 | 10.38% |
| Hispanic | 986 | 39.35% |
| Asian | 276 | 11.01% |
| Native American | 5 | 0.2% |
| Hawaiian/Pac. Islander | 3 | 0.12% |
07407 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 925 | 7.44% |
| Bachelor Degree | 2,350 | 18.91% |
| High School Diploma | 4,648 | 37.4% |
| No High School Diploma | 426 | 3.43% |
| GED or Alternate | 424 | 3.41% |
| 1 or More Years of College | 1,458 | 11.73% |
| Associates Degree | 1,085 | 8.73% |
| Masters Degree | 788 | 6.34% |
| Professional Degree | 224 | 1.8% |
| Doctorate Degree | 99 | 0.8% |
