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ZIP Code 07405

ZIP / ZCTA

Population: 17,859

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 — 07405

What is the median household income in 07405?
The median household income in 07405 is $127,500 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in 07405?
The poverty rate in 07405 is 2.7% (U.S. Census Bureau ACS 2023).
What is the median home value in 07405?
$552,500 (U.S. Census Bureau ACS 2023).
What is the average rent in 07405?
The median gross rent in 07405 is $1,526 per month (U.S. Census Bureau ACS 2023).
What percentage of 07405 residents have a college degree?
56.9% of adults in 07405 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
17,859
Median Income
$127,500
Median Home Value
$552,500
Poverty Rate
2.7%
Unemployment (ACS 2023)
7.0%
Median Age
41.0 yrs
Since 2019 Median Income: +$10,616 (+9.1%) Home Value: +$101,100 (+22.4%) Poverty Rate: +0.4 pp (+17.4%) Bachelor's+: +3.9 pp (+7.4%) Unemployment: +2.0 pp (+40%)

Demographics

Total Population 17,859
Median Age 41.0
Female 48.6%
Race & Ethnicity
Hispanic or Latino 14.3% White (non-Hisp.) 77.2% Black 1.0% Asian 5.7% Two or More 7.4% Other 5.0%
Asian Subgroups (% of total pop.)
Indian
2.6%
Chinese
1.0%
Filipino
1.0%
Korean
0.2%
Vietnamese
0.1%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
2.6%
Puerto Rican
2.4%
Cuban
2.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $127,500 ±$17,200
Per Capita Income $179,600
Median Family Income $159,375
Poverty Rate 2.7%
Child Poverty Rate 6.2%
Working-Age Poverty Rate
SNAP Recipients 4.0%
Social Security Income
Retirement Income 23.9%
Household Income Distribution
< $10k
2.8%
$10–15k
2.2%
$15–25k
1.5%
$25–35k
3.4%
$35–50k
4.8%
$50–75k
10.8%
$75–100k
9.3%
$100–150k
22.3%
$150–200k
14.0%
$200k+
29.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 6,990
Owner-Occupied 79.8%
Renter-Occupied 20.2%
Vacancy Rate 2.7%
Median Home Value $552,500
Median Gross Rent $1,526
Owner Cost Burden (30%+) 18.9%
Renter Cost Burden (30%+) 36.8%
Home Value Distribution
< $50k
0.6%
$50–100k
0.4%
$100–200k
0.5%
$200–300k
8.4%
$300–500k
32.6%
$500k–$1M
48.7%
$1M+
8.6%
Gross Rent Distribution
< $500
13.2%
$500–1k
3.5%
$1–1.5k
31.6%
$1.5–2k
33.3%
$2–2.5k
9.2%
$2.5–3.5k
4.4%
$3.5k+
4.9%
Vehicle Availability
No vehicle
4.2%
1 vehicle
25.7%
2 vehicles
43.4%
3+
26.7%
Housing Type
Single-fam. det.
74.9%
Single-fam. att.
4.4%
2–4 units
5.2%
5–19 units
1.7%
20+ units
5.5%
Housing Age
Pre-1940
13.1%
1940–1969
6.2%
1970–1999
12.7%
2000–2009
11.5%
2010+
1.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 96.4%
Bachelor's or Higher 56.9%
Graduate Degree 16.9%
Some College / Associate 13.4%
Less Than High School 1.5%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 70.4%
Unemployment Rate 7.0%
Work from Home 18.1%
Self-Employed 5.0%
Government Workers 11.5%
Private For-Profit 83.5%
Industry
Edu/Health
22.9%
Prof. Services
15.3%
Retail
12.2%
Finance
9.3%
Manufacturing
9.2%
Construction
5.9%
Wholesale
5.5%
Arts/Entmt.
5.1%
Transportation
5.0%
Public Admin
3.5%
Information
2.5%
Agriculture
0.3%
Occupation
Management
50.3%
Sales
25.0%
Food Prep
11.3%
Production
7.5%
Construction
5.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 35.3 min
Drove Alone 70.4%
Carpool 5.7%
Public Transit 5.3%
Work from Home 18.1%
Walked 0.2%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 6,800
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 57.8%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 24.2%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
4.9%
5–9
4.4%
10–14
6.2%
15–19
6.9%
20–24
7.0%
25–34
10.1%
35–44
14.7%
45–54
14.4%
55–64
7.1%
65–74
8.8%
75–84
10.1%
85+
4.5%
Under 18: 19.5% Working age (18–64): 80.5% 65 and over: 15.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 14.3%
Naturalized Citizen 67.8%
Speaks English Less Than Very Well 6.1%
Foreign-Born Origin
Latin America
37.5%
Asia
32.7%
Europe
29.6%

Veterans & Disability

Veteran 3.1%
With a Disability 9.3%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 96.6%
Uninsured 3.4%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 93.8%
Has a Computer 96.5%
Same House 1 Year Ago 95.0%
Moved from Abroad 0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023