ZIP Code 06840
ZIP / ZCTAPopulation: 20,704
ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — 06840
- What is the median household income in 06840?
- The median household income in 06840 is $250,001 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 06840?
- The poverty rate in 06840 is 2.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in 06840?
- $1,534,100 (U.S. Census Bureau ACS 2023).
- What is the average rent in 06840?
- The median gross rent in 06840 is $3,501 per month (U.S. Census Bureau ACS 2023).
- What percentage of 06840 residents have a college degree?
- 82.8% of adults in 06840 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
20,704
Median Income
$250,001
Median Home Value
$1,534,100
Poverty Rate
2.3%
Unemployment (ACS 2023)
4.8%
Median Age
42.0 yrs
Since 2019
Median Income:
+$59,774 (+31.4%)
Home Value:
+$178,300 (+13.2%)
Poverty Rate:
+0.2 pp (+9.5%)
Bachelor's+:
+3.3 pp (+4.2%)
Unemployment:
-0.2 pp (-4%)
Demographics
Total Population
20,704
Median Age
42.0
Female
52.7%
Race & Ethnicity
Hispanic or Latino 4.7%
White (non-Hisp.) 83.0%
Black 1.7%
Asian 5.9%
Two or More 6.6%
Other 1.4%
Asian Subgroups (% of total pop.)
Indian
2.7%
Chinese
2.2%
Korean
0.6%
Filipino
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
1.5%
Cuban
0.4%
Puerto Rican
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$250,001
Per Capita Income
$407,146
Median Family Income
$250,001
Poverty Rate
2.3%
Child Poverty Rate
2.1%
Working-Age Poverty Rate
—
SNAP Recipients
2.8%
Social Security Income
—
Retirement Income
22.2%
Household Income Distribution
< $10k
1.5%
$10–15k
0.9%
$15–25k
1.0%
$25–35k
2.1%
$35–50k
3.7%
$50–75k
6.3%
$75–100k
4.7%
$100–150k
11.3%
$150–200k
9.4%
$200k+
59.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
7,668
Owner-Occupied
83.6%
Renter-Occupied
16.4%
Vacancy Rate
8.4%
Median Home Value
$1,534,100
Median Gross Rent
$3,501
Owner Cost Burden (30%+)
24.1%
Renter Cost Burden (30%+)
35.0%
Home Value Distribution
< $50k
0.9%
$100–200k
0.2%
$200–300k
1.3%
$300–500k
3.8%
$500k–$1M
18.4%
$1M+
74.5%
Gross Rent Distribution
< $500
1.8%
$500–1k
1.5%
$1–1.5k
10.9%
$1.5–2k
2.5%
$2–2.5k
0.9%
$2.5–3.5k
10.4%
$3.5k+
72.0%
Vehicle Availability
No vehicle
3.9%
1 vehicle
21.4%
2 vehicles
48.5%
3+
26.2%
Housing Type
Single-fam. det.
72.9%
Single-fam. att.
10.3%
2–4 units
4.7%
5–19 units
2.3%
20+ units
3.5%
Housing Age
Pre-1940
18.7%
1940–1969
4.5%
1970–1999
11.1%
2000–2009
11.4%
2010+
6.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
98.4%
Bachelor's or Higher
82.8%
Graduate Degree
39.1%
Some College / Associate
6.7%
Less Than High School
0.7%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
59.8%
Unemployment Rate
4.8%
Work from Home
31.1%
Self-Employed
7.0%
Government Workers
5.1%
Private For-Profit
87.9%
Industry
Finance
30.9%
Prof. Services
23.9%
Edu/Health
14.1%
Retail
7.9%
Manufacturing
5.8%
Arts/Entmt.
4.2%
Construction
2.7%
Information
2.5%
Wholesale
2.3%
Transportation
1.4%
Public Admin
1.3%
Occupation
Management
68.0%
Sales
21.6%
Food Prep
7.2%
Production
2.1%
Construction
1.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
39.9 min
Drove Alone
46.3%
Carpool
2.7%
Public Transit
15.7%
Work from Home
31.1%
Walked
3.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
7,021
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
71.4%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
38.2%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.5%
5–9
8.0%
10–14
8.7%
15–19
9.0%
20–24
4.4%
25–34
5.5%
35–44
12.2%
45–54
14.4%
55–64
9.0%
65–74
7.2%
75–84
7.7%
85+
5.3%
Under 18: 27.5%
Working age (18–64): 72.5%
65 and over: 16.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
14.2%
Naturalized Citizen
61.3%
Speaks English Less Than Very Well
2.6%
Foreign-Born Origin
Asia
38.4%
Europe
35.6%
Latin America
14.5%
Africa
5.9%
Veterans & Disability
Veteran
4.4%
With a Disability
7.1%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.7%
Uninsured
1.3%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
97.8%
Has a Computer
98.4%
Same House 1 Year Ago
88.4%
Moved from Abroad
2.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023