07640 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 07640 is White. The majority race/ethnicity attending public schools in 07640 is White. The current unemployment level in 07640 is 5.4%.
| Population | 4,826 |
| Population Growth Rate | -0.37% |
| Population Density | 2,351 People per Square Mile |
| Total Households | 1,624 |
| Percentage High Income Households | 21.1% |
| Median Household Income (2021) | $140,958 |
| Average Adjusted Gross Income (2021) | $448,010 |
| Current Unemployment Rate (October 2024) | 5.4% |
| Majority Race/Ethnicty | White - 74.04% |
| Public School Majority Race/Ethnicty | White - 56.27% |
07640 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 3,500 | 74.04% |
| Black | 1 | 0.02% |
| Hispanic | 209 | 4.42% |
| Asian | 1,008 | 21.32% |
| Native American | 9 | 0.19% |
| Hawaiian/Pac. Islander | 0 | 0% |
07640 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 314 | 60.5% |
| Black | 5 | 0.96% |
| Hispanic | 32 | 6.17% |
| Asian | 167 | 32.18% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 1 | 0.19% |
07640 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 139 | 4.45% |
| Bachelor Degree | 1,161 | 37.16% |
| High School Diploma | 531 | 17% |
| No High School Diploma | 8 | 0.26% |
| GED or Alternate | 13 | 0.42% |
| 1 or More Years of College | 341 | 10.92% |
| Associates Degree | 152 | 4.87% |
| Masters Degree | 560 | 17.93% |
| Professional Degree | 171 | 5.47% |
| Doctorate Degree | 48 | 1.54% |