ZIP Code 07042
ZIP / ZCTAPopulation: 27,173
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 — 07042
- What is the median household income in 07042?
- The median household income in 07042 is $127,083 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 07042?
- The poverty rate in 07042 is 5.5% (U.S. Census Bureau ACS 2023).
- What is the median home value in 07042?
- $733,100 (U.S. Census Bureau ACS 2023).
- What is the average rent in 07042?
- The median gross rent in 07042 is $2,017 per month (U.S. Census Bureau ACS 2023).
- What percentage of 07042 residents have a college degree?
- 67.1% of adults in 07042 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
27,173
Median Income
$127,083
Median Home Value
$733,100
Poverty Rate
5.5%
Unemployment (ACS 2023)
3.9%
Median Age
38.0 yrs
Since 2019
Median Income:
+$18,375 (+16.9%)
Home Value:
+$216,600 (+41.9%)
Poverty Rate:
-0.3 pp (-5.2%)
Bachelor's+:
+3.5 pp (+5.5%)
Unemployment:
-0.5 pp (-11.4%)
Demographics
Total Population
27,173
Median Age
38.0
Female
50.4%
Race & Ethnicity
Hispanic or Latino 13.0%
White (non-Hisp.) 48.3%
Black 24.6%
Asian 6.0%
Two or More 14.4%
Other 3.2%
Asian Subgroups (% of total pop.)
Indian
2.5%
Filipino
1.3%
Chinese
0.9%
Korean
0.8%
Japanese
0.3%
Hispanic Subgroups (% of total pop.)
Puerto Rican
3.1%
Mexican
1.3%
Cuban
0.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$127,083
±$10,771
Per Capita Income
$209,399
Median Family Income
$210,301
Poverty Rate
5.5%
Child Poverty Rate
8.2%
Working-Age Poverty Rate
—
SNAP Recipients
5.0%
Social Security Income
—
Retirement Income
19.4%
Household Income Distribution
< $10k
5.0%
$10–15k
1.2%
$15–25k
4.5%
$25–35k
6.8%
$35–50k
5.0%
$50–75k
9.3%
$75–100k
9.7%
$100–150k
13.6%
$150–200k
11.4%
$200k+
33.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
11,682
Owner-Occupied
50.3%
Renter-Occupied
49.7%
Vacancy Rate
5.3%
Median Home Value
$733,100
Median Gross Rent
$2,017
Owner Cost Burden (30%+)
21.3%
Renter Cost Burden (30%+)
42.8%
Home Value Distribution
< $50k
1.7%
$100–200k
0.5%
$200–300k
2.6%
$300–500k
22.5%
$500k–$1M
44.7%
$1M+
27.8%
Gross Rent Distribution
< $500
2.1%
$500–1k
5.6%
$1–1.5k
12.2%
$1.5–2k
29.1%
$2–2.5k
24.4%
$2.5–3.5k
8.2%
$3.5k+
18.2%
Vehicle Availability
No vehicle
9.0%
1 vehicle
50.2%
2 vehicles
32.5%
3+
8.2%
Housing Type
Single-fam. det.
39.2%
Single-fam. att.
4.1%
2–4 units
12.6%
5–19 units
8.9%
20+ units
17.2%
Housing Age
Pre-1940
56.0%
1940–1969
5.8%
1970–1999
6.6%
2000–2009
5.0%
2010+
6.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
96.4%
Bachelor's or Higher
67.1%
Graduate Degree
33.7%
Some College / Associate
11.7%
Less Than High School
0.9%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
73.0%
Unemployment Rate
3.9%
Work from Home
29.3%
Self-Employed
7.3%
Government Workers
14.0%
Private For-Profit
78.2%
Industry
Edu/Health
27.9%
Prof. Services
17.8%
Finance
12.1%
Retail
7.9%
Manufacturing
7.5%
Information
6.0%
Arts/Entmt.
5.4%
Transportation
3.8%
Public Admin
3.4%
Construction
2.7%
Wholesale
0.7%
Agriculture
0.2%
Occupation
Management
65.9%
Sales
16.9%
Food Prep
8.5%
Production
6.1%
Construction
2.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
33.4 min
Drove Alone
48.2%
Carpool
5.4%
Public Transit
13.1%
Work from Home
29.3%
Walked
3.1%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
11,067
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
40.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
23.0%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.3%
5–9
6.1%
10–14
8.6%
15–19
6.9%
20–24
3.8%
25–34
13.4%
35–44
14.8%
45–54
16.3%
55–64
5.2%
65–74
5.8%
75–84
8.4%
85+
3.7%
Under 18: 25.5%
Working age (18–64): 74.5%
65 and over: 14.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
14.7%
Naturalized Citizen
57.7%
Speaks English Less Than Very Well
3.8%
Foreign-Born Origin
Latin America
38.8%
Asia
28.6%
Europe
18.2%
Africa
10.5%
Veterans & Disability
Veteran
2.9%
With a Disability
9.5%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.2%
Uninsured
2.8%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
93.8%
Has a Computer
95.9%
Same House 1 Year Ago
84.3%
Moved from Abroad
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023