ZIP Code 07640
ZIP / ZCTAPopulation: 4,883
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 — 07640
- What is the median household income in 07640?
- The median household income in 07640 is $180,515 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 07640?
- The poverty rate in 07640 is 4.4% (U.S. Census Bureau ACS 2023).
- What is the median home value in 07640?
- $709,200 (U.S. Census Bureau ACS 2023).
- What percentage of 07640 residents have a college degree?
- 68.7% of adults in 07640 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
4,883
Median Income
$180,515
Median Home Value
$709,200
Poverty Rate
4.4%
Unemployment (ACS 2023)
4.1%
Median Age
46.0 yrs
Since 2019
Median Income:
+$45,827 (+34%)
Home Value:
+$108,000 (+18%)
Poverty Rate:
-2.5 pp (-36.2%)
Bachelor's+:
+5.4 pp (+8.5%)
Unemployment:
-0.7 pp (-14.6%)
Demographics
Total Population
4,883
Median Age
46.0
Female
52.2%
Race & Ethnicity
Hispanic or Latino 7.2%
White (non-Hisp.) 69.8%
Asian 19.4%
Two or More 6.9%
Other 1.7%
Asian Subgroups (% of total pop.)
Korean
12.3%
Chinese
2.5%
Indian
1.7%
Filipino
0.2%
Hispanic Subgroups (% of total pop.)
Puerto Rican
1.6%
Cuban
1.0%
Mexican
0.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$180,515
±$32,711
Per Capita Income
$248,078
Median Family Income
$196,313
Poverty Rate
4.4%
Child Poverty Rate
9.8%
Working-Age Poverty Rate
—
SNAP Recipients
0.0%
Social Security Income
—
Retirement Income
27.1%
Household Income Distribution
$10–15k
0.6%
$15–25k
10.3%
$25–35k
4.9%
$35–50k
2.4%
$50–75k
5.8%
$75–100k
7.5%
$100–150k
9.0%
$150–200k
18.8%
$200k+
40.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
1,858
Owner-Occupied
96.1%
Renter-Occupied
3.9%
Vacancy Rate
4.4%
Median Home Value
$709,200
Median Gross Rent
—
Owner Cost Burden (30%+)
25.7%
Renter Cost Burden (30%+)
47.1%
Home Value Distribution
< $50k
0.6%
$100–200k
6.6%
$200–300k
1.3%
$300–500k
9.0%
$500k–$1M
72.5%
$1M+
10.0%
Gross Rent Distribution
$1–1.5k
35.7%
$1.5–2k
31.4%
$3.5k+
32.9%
Vehicle Availability
No vehicle
1.2%
1 vehicle
25.2%
2 vehicles
43.3%
3+
30.3%
Housing Type
Single-fam. det.
91.9%
Single-fam. att.
1.1%
2–4 units
1.3%
20+ units
4.0%
Housing Age
Pre-1940
22.7%
1940–1969
2.6%
1970–1999
18.4%
2000–2009
4.8%
2010+
3.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.8%
Bachelor's or Higher
68.7%
Graduate Degree
23.7%
Some College / Associate
11.2%
Less Than High School
0.7%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
62.5%
Unemployment Rate
4.1%
Work from Home
20.5%
Self-Employed
3.1%
Government Workers
14.6%
Private For-Profit
82.3%
Industry
Edu/Health
26.3%
Prof. Services
17.0%
Finance
16.6%
Retail
9.5%
Manufacturing
7.1%
Arts/Entmt.
5.3%
Wholesale
3.6%
Public Admin
3.5%
Construction
2.6%
Information
2.4%
Transportation
1.4%
Occupation
Management
67.7%
Sales
22.5%
Food Prep
6.1%
Construction
2.6%
Production
1.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
32.3 min
Drove Alone
67.5%
Carpool
4.5%
Public Transit
5.1%
Work from Home
20.5%
Walked
2.1%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,776
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
77.0%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
29.4%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
7.4%
5–9
6.6%
10–14
6.8%
15–19
4.6%
20–24
4.7%
25–34
5.3%
35–44
12.1%
45–54
14.5%
55–64
10.7%
65–74
6.7%
75–84
7.2%
85+
6.3%
Under 18: 23.8%
Working age (18–64): 76.2%
65 and over: 20.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
16.4%
Naturalized Citizen
87.3%
Speaks English Less Than Very Well
6.3%
Foreign-Born Origin
Asia
63.3%
Europe
21.9%
Latin America
13.3%
Veterans & Disability
Veteran
6.3%
With a Disability
8.6%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.3%
Uninsured
1.7%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
98.1%
Has a Computer
98.8%
Same House 1 Year Ago
91.1%
Moved from Abroad
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023