ZIP Code 07005
ZIP / ZCTAPopulation: 15,240
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 — 07005
- What is the median household income in 07005?
- The median household income in 07005 is $126,411 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 07005?
- The poverty rate in 07005 is 2.8% (U.S. Census Bureau ACS 2023).
- What is the median home value in 07005?
- $565,900 (U.S. Census Bureau ACS 2023).
- What is the average rent in 07005?
- The median gross rent in 07005 is $1,779 per month (U.S. Census Bureau ACS 2023).
- What percentage of 07005 residents have a college degree?
- 55.6% of adults in 07005 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
15,240
Median Income
$126,411
Median Home Value
$565,900
Poverty Rate
2.8%
Unemployment (ACS 2023)
5.0%
Median Age
42.0 yrs
Since 2019
Median Income:
+$14,465 (+12.9%)
Home Value:
+$99,200 (+21.3%)
Poverty Rate:
+0.9 pp (+47.4%)
Bachelor's+:
+2.9 pp (+5.5%)
Unemployment:
-0.1 pp (-2%)
Demographics
Total Population
15,240
Median Age
42.0
Female
48.1%
Race & Ethnicity
Hispanic or Latino 12.0%
White (non-Hisp.) 72.9%
Black 4.2%
Asian 7.5%
Two or More 10.2%
Other 1.7%
Asian Subgroups (% of total pop.)
Indian
2.9%
Chinese
1.5%
Filipino
0.6%
Korean
0.4%
Japanese
0.3%
Hispanic Subgroups (% of total pop.)
Puerto Rican
5.2%
Mexican
0.7%
Cuban
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$126,411
±$8,407
Per Capita Income
$172,489
Median Family Income
$165,603
Poverty Rate
2.8%
Child Poverty Rate
5.1%
Working-Age Poverty Rate
—
SNAP Recipients
4.2%
Social Security Income
—
Retirement Income
24.2%
Household Income Distribution
< $10k
5.5%
$10–15k
0.5%
$15–25k
3.2%
$25–35k
5.0%
$35–50k
5.6%
$50–75k
8.5%
$75–100k
10.4%
$100–150k
18.8%
$150–200k
14.0%
$200k+
28.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
6,115
Owner-Occupied
70.9%
Renter-Occupied
29.1%
Vacancy Rate
6.1%
Median Home Value
$565,900
Median Gross Rent
$1,779
Owner Cost Burden (30%+)
23.7%
Renter Cost Burden (30%+)
39.9%
Home Value Distribution
< $50k
0.2%
$50–100k
0.5%
$100–200k
0.6%
$200–300k
2.5%
$300–500k
35.7%
$500k–$1M
52.7%
$1M+
7.5%
Gross Rent Distribution
< $500
3.0%
$500–1k
5.8%
$1–1.5k
19.6%
$1.5–2k
38.7%
$2–2.5k
17.1%
$2.5–3.5k
12.3%
$3.5k+
3.4%
Vehicle Availability
No vehicle
5.5%
1 vehicle
27.1%
2 vehicles
39.3%
3+
28.1%
Housing Type
Single-fam. det.
68.7%
Single-fam. att.
9.2%
2–4 units
10.4%
5–19 units
2.4%
20+ units
3.4%
Housing Age
Pre-1940
26.2%
1940–1969
6.4%
1970–1999
9.7%
2000–2009
2.9%
2010+
2.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
95.8%
Bachelor's or Higher
55.6%
Graduate Degree
22.6%
Some College / Associate
14.4%
Less Than High School
1.5%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
68.8%
Unemployment Rate
5.0%
Work from Home
19.0%
Self-Employed
4.6%
Government Workers
15.4%
Private For-Profit
80.0%
Industry
Edu/Health
24.6%
Prof. Services
15.5%
Manufacturing
12.8%
Finance
11.9%
Retail
8.8%
Arts/Entmt.
7.8%
Construction
5.9%
Transportation
4.0%
Wholesale
2.6%
Public Admin
1.8%
Information
1.3%
Agriculture
0.1%
Occupation
Management
52.3%
Sales
25.8%
Food Prep
9.9%
Production
7.2%
Construction
4.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
26.1 min
Drove Alone
72.8%
Carpool
4.5%
Public Transit
1.7%
Work from Home
19.0%
Walked
0.9%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
5,745
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
60.8%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
27.3%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.1%
5–9
7.1%
10–14
5.2%
15–19
6.7%
20–24
6.4%
25–34
10.0%
35–44
14.0%
45–54
12.7%
55–64
6.8%
65–74
7.8%
75–84
12.2%
85+
4.5%
Under 18: 22.1%
Working age (18–64): 77.9%
65 and over: 18.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
13.7%
Naturalized Citizen
71.4%
Speaks English Less Than Very Well
5.3%
Foreign-Born Origin
Asia
39.0%
Latin America
29.2%
Europe
27.9%
Africa
3.3%
Veterans & Disability
Veteran
2.8%
With a Disability
8.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.1%
Uninsured
4.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
92.5%
Has a Computer
94.2%
Same House 1 Year Ago
91.1%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023