ZIP Code 07416
ZIP / ZCTAPopulation: 5,746
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 — 07416
- What is the median household income in 07416?
- The median household income in 07416 is $90,869 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 07416?
- The poverty rate in 07416 is 4.4% (U.S. Census Bureau ACS 2023).
- What is the median home value in 07416?
- $263,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in 07416?
- The median gross rent in 07416 is $1,346 per month (U.S. Census Bureau ACS 2023).
- What percentage of 07416 residents have a college degree?
- 21.8% of adults in 07416 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
5,746
Median Income
$90,869
Median Home Value
$263,600
Poverty Rate
4.4%
Unemployment (ACS 2023)
6.8%
Median Age
50.0 yrs
Since 2019
Median Income:
+$22,627 (+33.2%)
Home Value:
+$69,200 (+35.6%)
Poverty Rate:
-0.2 pp (-4.3%)
Bachelor's+:
+1.6 pp (+7.9%)
Unemployment:
+0.1 pp (+1.5%)
Demographics
Total Population
5,746
Median Age
50.0
Female
46.8%
Race & Ethnicity
Hispanic or Latino 16.5%
White (non-Hisp.) 77.8%
Black 1.3%
Asian 0.2%
Two or More 10.3%
Other 7.2%
Hispanic Subgroups (% of total pop.)
Puerto Rican
5.8%
Mexican
0.2%
Cuban
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$90,869
±$3,993
Per Capita Income
$107,680
Median Family Income
$103,929
Poverty Rate
4.4%
Child Poverty Rate
5.8%
Working-Age Poverty Rate
—
SNAP Recipients
4.9%
Social Security Income
—
Retirement Income
33.4%
Household Income Distribution
< $10k
3.8%
$10–15k
2.1%
$15–25k
7.9%
$25–35k
5.9%
$35–50k
10.3%
$50–75k
9.7%
$75–100k
21.0%
$100–150k
19.2%
$150–200k
12.9%
$200k+
7.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,837
Owner-Occupied
62.3%
Renter-Occupied
37.7%
Vacancy Rate
7.8%
Median Home Value
$263,600
Median Gross Rent
$1,346
Owner Cost Burden (30%+)
28.2%
Renter Cost Burden (30%+)
29.3%
Home Value Distribution
< $50k
5.5%
$50–100k
3.6%
$100–200k
4.2%
$200–300k
40.8%
$300–500k
27.4%
$500k–$1M
10.4%
$1M+
0.4%
Gross Rent Distribution
< $500
1.3%
$500–1k
26.4%
$1–1.5k
46.2%
$1.5–2k
18.5%
$2–2.5k
5.7%
$3.5k+
1.9%
Vehicle Availability
No vehicle
8.9%
1 vehicle
37.9%
2 vehicles
28.6%
3+
24.5%
Housing Type
Single-fam. det.
56.4%
Single-fam. att.
6.7%
2–4 units
5.6%
5–19 units
4.7%
20+ units
4.7%
Mobile home
4.1%
Housing Age
Pre-1940
33.1%
1940–1969
5.0%
1970–1999
13.4%
2000–2009
5.3%
2010+
1.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
92.6%
Bachelor's or Higher
21.8%
Graduate Degree
6.8%
Some College / Associate
22.6%
Less Than High School
1.7%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
63.6%
Unemployment Rate
6.8%
Work from Home
7.3%
Self-Employed
1.4%
Government Workers
13.5%
Private For-Profit
85.1%
Industry
Edu/Health
19.7%
Retail
14.1%
Construction
13.3%
Prof. Services
11.4%
Transportation
6.8%
Arts/Entmt.
6.7%
Manufacturing
6.5%
Public Admin
4.6%
Finance
4.3%
Wholesale
3.4%
Agriculture
2.0%
Information
1.6%
Occupation
Management
30.0%
Food Prep
21.1%
Construction
19.5%
Sales
16.5%
Production
12.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
37.4 min
Drove Alone
79.3%
Carpool
10.8%
Public Transit
0.8%
Work from Home
7.3%
Walked
1.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,615
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
42.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
14.4%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.4%
5–9
5.2%
10–14
4.5%
15–19
4.1%
20–24
5.3%
25–34
13.0%
35–44
5.4%
45–54
13.0%
55–64
9.4%
65–74
10.2%
75–84
16.2%
85+
6.0%
Under 18: 16.5%
Working age (18–64): 83.5%
65 and over: 25.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
8.7%
Naturalized Citizen
62.7%
Speaks English Less Than Very Well
5.0%
Foreign-Born Origin
Latin America
72.7%
Europe
21.0%
Asia
5.0%
Veterans & Disability
Veteran
6.7%
With a Disability
13.9%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
94.1%
Uninsured
5.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
89.1%
Has a Computer
93.8%
Same House 1 Year Ago
89.3%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023