ZIP Code 07506
ZIP / ZCTAPopulation: 19,472
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 — 07506
- What is the median household income in 07506?
- The median household income in 07506 is $118,093 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 07506?
- The poverty rate in 07506 is 2.5% (U.S. Census Bureau ACS 2023).
- What is the median home value in 07506?
- $499,200 (U.S. Census Bureau ACS 2023).
- What is the average rent in 07506?
- The median gross rent in 07506 is $1,828 per month (U.S. Census Bureau ACS 2023).
- What percentage of 07506 residents have a college degree?
- 45.3% of adults in 07506 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
19,472
Median Income
$118,093
Median Home Value
$499,200
Poverty Rate
2.5%
Unemployment (ACS 2023)
5.0%
Median Age
42.0 yrs
Since 2019
Median Income:
+$20,401 (+20.9%)
Home Value:
+$118,200 (+31%)
Poverty Rate:
-1.4 pp (-35.9%)
Bachelor's+:
+8.0 pp (+21.4%)
Unemployment:
+1.4 pp (+38.9%)
Demographics
Total Population
19,472
Median Age
42.0
Female
49.8%
Race & Ethnicity
Hispanic or Latino 23.9%
White (non-Hisp.) 69.1%
Black 3.4%
Asian 1.3%
Two or More 14.8%
Other 7.1%
Asian Subgroups (% of total pop.)
Chinese
0.6%
Korean
0.4%
Indian
0.1%
Filipino
0.1%
Hispanic Subgroups (% of total pop.)
Puerto Rican
4.0%
Cuban
2.6%
Mexican
2.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$118,093
±$9,963
Per Capita Income
$142,217
Median Family Income
$142,921
Poverty Rate
2.5%
Child Poverty Rate
3.8%
Working-Age Poverty Rate
—
SNAP Recipients
3.8%
Social Security Income
—
Retirement Income
25.7%
Household Income Distribution
< $10k
1.8%
$10–15k
2.0%
$15–25k
2.7%
$25–35k
2.7%
$35–50k
6.4%
$50–75k
13.3%
$75–100k
12.9%
$100–150k
20.4%
$150–200k
14.1%
$200k+
23.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
8,033
Owner-Occupied
68.2%
Renter-Occupied
31.8%
Vacancy Rate
5.2%
Median Home Value
$499,200
Median Gross Rent
$1,828
Owner Cost Burden (30%+)
36.9%
Renter Cost Burden (30%+)
27.7%
Home Value Distribution
< $50k
1.6%
$50–100k
0.2%
$200–300k
4.4%
$300–500k
43.5%
$500k–$1M
49.2%
$1M+
0.5%
Gross Rent Distribution
$500–1k
3.4%
$1–1.5k
19.7%
$1.5–2k
40.9%
$2–2.5k
20.9%
$2.5–3.5k
7.4%
$3.5k+
7.7%
Vehicle Availability
No vehicle
5.3%
1 vehicle
30.1%
2 vehicles
38.9%
3+
25.7%
Housing Type
Single-fam. det.
52.5%
Single-fam. att.
7.9%
2–4 units
26.3%
5–19 units
2.2%
20+ units
5.0%
Mobile home
0.2%
Housing Age
Pre-1940
32.9%
1940–1969
12.0%
1970–1999
9.7%
2000–2009
3.3%
2010+
2.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
95.5%
Bachelor's or Higher
45.3%
Graduate Degree
17.1%
Some College / Associate
16.3%
Less Than High School
1.9%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
73.1%
Unemployment Rate
5.0%
Work from Home
9.4%
Self-Employed
4.6%
Government Workers
18.7%
Private For-Profit
76.5%
Industry
Edu/Health
23.9%
Prof. Services
15.9%
Retail
11.5%
Arts/Entmt.
7.9%
Manufacturing
7.2%
Finance
6.3%
Public Admin
6.3%
Construction
5.8%
Transportation
4.2%
Wholesale
3.3%
Information
3.2%
Agriculture
0.3%
Occupation
Management
48.2%
Sales
24.2%
Food Prep
14.7%
Production
7.1%
Construction
5.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
24.8 min
Drove Alone
81.3%
Carpool
5.0%
Public Transit
2.4%
Work from Home
9.4%
Walked
1.6%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
7,613
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
53.2%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
20.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.0%
5–9
6.5%
10–14
5.9%
15–19
5.5%
20–24
3.5%
25–34
17.6%
35–44
10.7%
45–54
13.3%
55–64
7.2%
65–74
7.6%
75–84
11.8%
85+
4.5%
Under 18: 19.7%
Working age (18–64): 80.3%
65 and over: 19.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
18.6%
Naturalized Citizen
71.9%
Speaks English Less Than Very Well
7.7%
Foreign-Born Origin
Latin America
59.9%
Europe
30.2%
Asia
9.5%
Africa
0.4%
Veterans & Disability
Veteran
3.9%
With a Disability
9.2%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.1%
Uninsured
2.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
90.6%
Has a Computer
92.5%
Same House 1 Year Ago
89.9%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023