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ZIP Code 07423

ZIP / ZCTA

Population: 4,230

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 — 07423

What is the median household income in 07423?
The median household income in 07423 is $250,001 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in 07423?
The poverty rate in 07423 is 0.0% (U.S. Census Bureau ACS 2023).
What is the median home value in 07423?
$1,032,800 (U.S. Census Bureau ACS 2023).
What is the average rent in 07423?
The median gross rent in 07423 is $2,375 per month (U.S. Census Bureau ACS 2023).
What percentage of 07423 residents have a college degree?
81.0% of adults in 07423 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
4,230
Median Income
$250,001
Median Home Value
$1,032,800
Poverty Rate
0.0%
Unemployment (ACS 2023)
1.9%
Median Age
42.0 yrs
Since 2019 Median Income: +$33,126 (+15.3%) Home Value: +$276,000 (+36.5%) Bachelor's+: -3.0 pp (-3.6%) Unemployment: -2.0 pp (-51.3%)

Demographics

Total Population 4,230
Median Age 42.0
Female 50.8%
Race & Ethnicity
Hispanic or Latino 9.1% White (non-Hisp.) 70.3% Black 1.1% Asian 14.1% Two or More 9.7% Other 2.5%
Asian Subgroups (% of total pop.)
Indian
10.9%
Chinese
2.3%
Filipino
0.6%
Japanese
0.3%
Hispanic Subgroups (% of total pop.)
Cuban
3.9%
Puerto Rican
2.2%

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

Income & Poverty

Median Household Income $250,001
Per Capita Income $375,395
Median Family Income $250,001
Poverty Rate 0.0%
Child Poverty Rate 0.0%
Working-Age Poverty Rate
SNAP Recipients 0.0%
Social Security Income
Retirement Income 27.5%
Household Income Distribution
$15–25k
0.7%
$25–35k
1.3%
$35–50k
2.2%
$50–75k
2.5%
$75–100k
6.7%
$100–150k
10.9%
$150–200k
14.0%
$200k+
61.6%

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

Housing

Total Housing Units 1,532
Owner-Occupied 91.0%
Renter-Occupied 9.0%
Vacancy Rate 7.0%
Median Home Value $1,032,800
Median Gross Rent $2,375
Owner Cost Burden (30%+) 30.3%
Renter Cost Burden (30%+) 22.8%
Home Value Distribution
$100–200k
2.8%
$200–300k
0.8%
$300–500k
1.9%
$500k–$1M
42.3%
$1M+
52.2%
Gross Rent Distribution
$500–1k
12.7%
$1.5–2k
27.8%
$2–2.5k
12.7%
$2.5–3.5k
15.2%
$3.5k+
31.6%
Vehicle Availability
No vehicle
0.6%
1 vehicle
18.2%
2 vehicles
52.2%
3+
29.0%
Housing Type
Single-fam. det.
88.8%
Single-fam. att.
4.8%
2–4 units
5.2%
20+ units
0.7%
Housing Age
Pre-1940
21.0%
1940–1969
15.3%
1970–1999
13.6%
2000–2009
3.1%
2010+
4.6%

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

Education

High School or Higher 97.6%
Bachelor's or Higher 81.0%
Graduate Degree 43.5%
Some College / Associate 8.0%
Less Than High School 0.0%
Enrolled in School

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

Employment

Labor Force Participation 69.8%
Unemployment Rate 1.9%
Work from Home 29.4%
Self-Employed 2.8%
Government Workers 13.3%
Private For-Profit 83.9%
Industry
Edu/Health
26.2%
Finance
18.7%
Prof. Services
18.1%
Retail
8.3%
Wholesale
6.6%
Manufacturing
5.4%
Public Admin
4.6%
Transportation
2.9%
Information
2.8%
Arts/Entmt.
2.5%
Construction
1.8%
Occupation
Management
73.0%
Sales
19.5%
Food Prep
4.7%
Construction
1.7%
Production
1.1%

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

Commute

Median Travel Time 36.2 min
Drove Alone 49.2%
Carpool 4.1%
Public Transit 12.9%
Work from Home 29.4%
Walked 2.2%
Bicycle

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

Households & Families

Total Households 1,425
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 74.3%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 38.6%
Multigenerational

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

Age Distribution

Under 5
4.9%
5–9
8.4%
10–14
8.6%
15–19
7.8%
20–24
8.0%
25–34
4.6%
35–44
12.1%
45–54
14.1%
55–64
8.6%
65–74
8.9%
75–84
7.1%
85+
5.5%
Under 18: 27.5% Working age (18–64): 72.5% 65 and over: 14.2%

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

Social Characteristics

Immigration

Foreign Born 15.1%
Naturalized Citizen 71.3%
Speaks English Less Than Very Well 0.6%
Foreign-Born Origin
Asia
58.1%
Europe
18.1%
Latin America
13.4%
Africa
6.1%

Veterans & Disability

Veteran 1.8%
With a Disability 4.8%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 100.0%
Uninsured 0.0%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 98.4%
Has a Computer 98.4%
Same House 1 Year Ago 91.0%
Moved from Abroad 1.0%

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