ZIP Code 07716
ZIP / ZCTAPopulation: 8,528
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 — 07716
- What is the median household income in 07716?
- The median household income in 07716 is $124,096 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 07716?
- The poverty rate in 07716 is 3.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in 07716?
- $621,700 (U.S. Census Bureau ACS 2023).
- What is the average rent in 07716?
- The median gross rent in 07716 is $1,863 per month (U.S. Census Bureau ACS 2023).
- What percentage of 07716 residents have a college degree?
- 46.7% of adults in 07716 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
8,528
Median Income
$124,096
Median Home Value
$621,700
Poverty Rate
3.0%
Unemployment (ACS 2023)
4.4%
Median Age
50.0 yrs
Since 2019
Median Income:
+$31,874 (+34.6%)
Home Value:
+$166,000 (+36.4%)
Poverty Rate:
+2.3 pp (+328.6%)
Bachelor's+:
-3.4 pp (-6.8%)
Unemployment:
-0.2 pp (-4.3%)
Demographics
Total Population
8,528
Median Age
50.0
Female
49.2%
Race & Ethnicity
Hispanic or Latino 4.1%
White (non-Hisp.) 87.1%
Black 3.2%
Asian 2.8%
Two or More 4.2%
Other 1.1%
Asian Subgroups (% of total pop.)
Indian
1.6%
Chinese
0.6%
Filipino
0.4%
Hispanic Subgroups (% of total pop.)
Cuban
1.1%
Mexican
0.9%
Puerto Rican
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$124,096
±$10,154
Per Capita Income
$176,510
Median Family Income
$131,412
Poverty Rate
3.0%
Child Poverty Rate
3.0%
Working-Age Poverty Rate
—
SNAP Recipients
1.2%
Social Security Income
—
Retirement Income
34.5%
Household Income Distribution
< $10k
1.0%
$10–15k
0.9%
$15–25k
5.3%
$25–35k
3.1%
$35–50k
5.1%
$50–75k
14.0%
$75–100k
10.7%
$100–150k
24.0%
$150–200k
10.0%
$200k+
25.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
3,931
Owner-Occupied
69.2%
Renter-Occupied
30.8%
Vacancy Rate
4.3%
Median Home Value
$621,700
Median Gross Rent
$1,863
Owner Cost Burden (30%+)
18.3%
Renter Cost Burden (30%+)
34.6%
Home Value Distribution
< $50k
1.2%
$50–100k
1.3%
$200–300k
7.2%
$300–500k
21.8%
$500k–$1M
51.5%
$1M+
16.3%
Gross Rent Distribution
< $500
9.3%
$500–1k
2.5%
$1–1.5k
21.7%
$1.5–2k
22.8%
$2–2.5k
22.4%
$2.5–3.5k
11.3%
$3.5k+
10.0%
Vehicle Availability
No vehicle
2.4%
1 vehicle
36.1%
2 vehicles
41.3%
3+
20.1%
Housing Type
Single-fam. det.
64.1%
Single-fam. att.
5.0%
2–4 units
1.8%
5–19 units
2.8%
20+ units
15.6%
Housing Age
Pre-1940
26.1%
1940–1969
2.8%
1970–1999
7.7%
2000–2009
11.3%
2010+
11.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
91.8%
Bachelor's or Higher
46.7%
Graduate Degree
14.6%
Some College / Associate
16.1%
Less Than High School
3.1%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
65.2%
Unemployment Rate
4.4%
Work from Home
16.8%
Self-Employed
8.4%
Government Workers
8.3%
Private For-Profit
82.7%
Industry
Edu/Health
26.8%
Prof. Services
14.1%
Retail
10.7%
Finance
9.7%
Transportation
9.0%
Construction
8.1%
Arts/Entmt.
7.5%
Manufacturing
4.9%
Information
2.6%
Public Admin
1.8%
Wholesale
1.1%
Agriculture
0.2%
Occupation
Management
50.4%
Sales
20.8%
Food Prep
14.7%
Production
7.5%
Construction
6.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
37.0 min
Drove Alone
65.8%
Carpool
4.5%
Public Transit
10.8%
Work from Home
16.8%
Walked
0.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
3,763
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
48.8%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
17.9%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
2.5%
5–9
3.5%
10–14
7.1%
15–19
6.0%
20–24
4.0%
25–34
10.2%
35–44
7.6%
45–54
18.9%
55–64
7.0%
65–74
10.4%
75–84
15.5%
85+
5.0%
Under 18: 18.0%
Working age (18–64): 82.0%
65 and over: 22.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
7.6%
Naturalized Citizen
66.8%
Speaks English Less Than Very Well
2.9%
Foreign-Born Origin
Europe
49.8%
Asia
27.3%
Latin America
7.2%
Africa
4.1%
Veterans & Disability
Veteran
5.8%
With a Disability
11.7%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.7%
Uninsured
4.3%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
96.3%
Has a Computer
97.2%
Same House 1 Year Ago
89.3%
Moved from Abroad
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023