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Population in zip code 07940 is 16,779 residents | Male to Female ratio is 1:1.11 | Zip Code 07940 land area is 4.6522 sq. miles | Population density is 3,606.68 residents per square mile

Median Age in Zip Code 07940

  Median Age
Zip Code Median Age 36
Median Age - Male 36.1
Median Age - Female 35.9

Median age of zip code 07940 is 14.9% lower compared to nearby zip codes and 3.2% lower compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 07940 is 12.6% lower compared to nearby zip codes and 0.8% higher compared to the United States male median age. Female zip code 07940 median age is 18.2% lower in comparison to nearby zip codes and 6.8% lower compared to female national median age average.

Population Breakdown By Age

Racial makeup of Zip Code 07940

White population 14706
African American population 839
Asian population 961
American Indian and Alaska Native population 37
Native Hawaiian and other Pacific Islander population 0
Other population 21

Region of Birth

Zip Code 07940 Ancestry Distribution

Arab 0.4% Czech 0.8%
Danish 0.4% Dutch 2%
English 11% French No Basque 2.6%
French Canadian 0.5% German 12.9%
Greek 0.7% Hungarian 1.3%
Irish 19.7% Italian 23.6%
Lithuanian 0.5% Norwegian 1.4%
Polish 5.6% Portuguese 0.6%
Russian 2.3% Scotch-Irish 2.3%
Scottish 3% Slovak 0.1%
Subsaharan African 0.1% Swedish 1.6%
Swiss 0.7% Ukrainian 0.7%
USA 2.8% Welsh 1.6%
West Indian No Hispanic Groups 0.6% Other Ancestries 19.5%

Family type by presence of children under 18 by age in zip code 07940

Family Type Distribution
Total families 3728
Married couples 82.78%
Other couples 17.22%

Family and Household Income Distribution in Zip Code 07940

  Family income (%) Household income (%)
$30,000 or less 5.82% 14.08%
$30,000 and $50,000 6.89% 8.18%
$50,000 and $100,000 21.81% 25.27%
$100,000 and $200,000 34.58% 29.15%
$200,000 or more 30.9% 23.32%

Household language in zip code 07940

English language 80.08%
Spanish language 5.19%
Other European language 9.39%
Asian language 3.91%
Other language 1.43%

Population by housing unit in zip code 07940

Total Occupied housing units 5584
Detached housing units 63.75%
Attached housing units 7.23%
2 units 10.46%
3 - 4 units 3.6%
5 - 9 units 5.44%
10 - 19 units 3.37%
20 - 49 units 2.2%
50 or more units 3.33%
Mobile homes 0.61%
Boats, RVs, Vans 0%

Means of transportation to work in zip code 07940

Use car, track or Van 70.07%
Use public transportation 12.81%
Use Motorcycle 0.11%
Use bicycle 0.15%
Walk to work 9.32%
Work at home 7.53%

School attendance in zip code 07940

Attent Preschool programs 4.2%
Attend Public School 15.82%
Attend college undergraduate program 16.34%
Attent graduate studies 1.88%
Not enrolled in school 61.76%

Highest school attainment in zip code 07940

Less then 9th grade 5.33%
Grade 9 to 12, no diploma 5.4%
High school diploma 18.07%
Some college, no degree 12.93%
Associate degree 5.83%
Bachelor's degree 44.23%
Graduate or professional degree 8.23%

Real Estate in zip code 07940

Housing occupied 95.06%
Housing vacant 4.94%
Housing occupied by owner 68.39%
Housing occupied by tenant 31.61%
Total Rented Units 1765
Median Contract Gross Rent $1,402
Median Gross Rent $1,544
Median Home Value $628,500

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 07940 median gross rent is 10.13% larger then the median contract rent.

Average estimated apartment rent in zip code 07940

Studio $1,400
1 Bedroom $1,530
2 Bedrooms $1,750
3 Bedrooms $2,210
4 Bedrooms $2,670
AVERAGE RENT $1,912

Average rent in zip code 07940 ($1,912.00) is 3.5% higher compared to nearby zip codes and 104.4% higher compared to the average rent in the US. The following illustrates how zip code 07940 rent compares to the nearby zip code rents by unit type: studio apartment rent is 3.4% higher, one bedroom apartment rent is 3.3% higher, two bedroom rent is 3.4% higher, three bedroom rent is 3.8% higher, four bedroom rent is 3.3% higher.

Housing units in zip code 07940

Total housing units 5874
Detached housing units 61.9%
Attached housing units 6.88%
2 units 10.86%
3 - 4 units 3.83%
5 - 9 units 6.01%
10 - 19 units 3.69%
20 - 49 units 2.64%
50 or more units 3.17%
Mobile homes 1.02%
Boats, RVs, Vans 0%

Real Estate taxes paid in zip code 07940

Total Real Estate Taxes $39,303,300
Real estate taxes paid for units with a mortgage $26,959,500
Real estate taxes paid for units with no mortgage $12,343,700

Compare Zip Codes

or compare zip code 07940 to other nearby zip codes.

Nearby Zip Code Income Per Capita Comparison

Zip Codes Near 07940

Zip Code City County Distance
07932 Florham Park Morris 1.67 ml
07935 Green Village Morris 1.84 ml
07976 New Vernon Morris 3.39 ml
07928 Chatham Morris 3.84 ml
07974 New Providence Union 4.24 ml
07980 Stirling Morris 4.34 ml
07960 Morristown Morris 4.42 ml
07901 Summit Union 4.47 ml
07981 Whippany Morris 4.52 ml
07927 Cedar Knolls Morris 4.63 ml