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Population in zip code 07040 is 23,897 residents | Male to Female ratio is 1:1.06 | Zip Code 07040 land area is 3.4847 sq. miles | Population density is 6,857.69 residents per square mile

Median Age in Zip Code 07040

  Median Age
Zip Code Median Age 37.6
Median Age - Male 36.1
Median Age - Female 38.9

Median age of zip code 07040 is 1.3% higher compared to nearby zip codes and 1.1% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 07040 is 3.1% higher compared to nearby zip codes and 0.8% higher compared to the United States male median age. Female zip code 07040 median age is 1% higher in comparison to nearby zip codes and 1% higher compared to female national median age average.

Population Breakdown By Age

Racial makeup of Zip Code 07040

White population 14044
African American population 7874
Asian population 623
American Indian and Alaska Native population 13
Native Hawaiian and other Pacific Islander population 0
Other population 708

Region of Birth

Zip Code 07040 Ancestry Distribution

Arab 0% Czech 0.5%
Danish 0.2% Dutch 0.9%
English 6% French No Basque 1.1%
French Canadian 0.4% German 9.5%
Greek 0.6% Hungarian 1%
Irish 11.9% Italian 10%
Lithuanian 0.6% Norwegian 0.9%
Polish 5.9% Portuguese 0.2%
Russian 5% Scotch-Irish 1%
Scottish 1.3% Slovak 0.4%
Subsaharan African 2.6% Swedish 0.4%
Swiss 0.2% Ukrainian 1.2%
USA 3% Welsh 0.5%
West Indian No Hispanic Groups 10.2% Other Ancestries 35.8%

Family type by presence of children under 18 by age in zip code 07040

Family Type Distribution
Total families 6113
Married couples 72.24%
Other couples 27.76%

Family and Household Income Distribution in Zip Code 07040

  Family income (%) Household income (%)
$30,000 or less 7.92% 11.16%
$30,000 and $50,000 8.6% 10.33%
$50,000 and $100,000 20.6% 22.7%
$100,000 and $200,000 38.33% 33.79%
$200,000 or more 24.55% 22.02%

Household language in zip code 07040

English language 77.87%
Spanish language 8.97%
Other European language 8.78%
Asian language 1.11%
Other language 3.28%

Population by housing unit in zip code 07040

Total Occupied housing units 7869
Detached housing units 70.83%
Attached housing units 4.99%
2 units 11.08%
3 - 4 units 3.94%
5 - 9 units 0.69%
10 - 19 units 2.13%
20 - 49 units 1.47%
50 or more units 4.85%
Mobile homes 0%
Boats, RVs, Vans 0%

Means of transportation to work in zip code 07040

Use car, track or Van 60.71%
Use public transportation 30.07%
Use Motorcycle 0.04%
Use bicycle 0.19%
Walk to work 2.65%
Work at home 6.33%

School attendance in zip code 07040

Attent Preschool programs 3.62%
Attend Public School 22.42%
Attend college undergraduate program 4.69%
Attent graduate studies 1.68%
Not enrolled in school 67.59%

Highest school attainment in zip code 07040

Less then 9th grade 4.21%
Grade 9 to 12, no diploma 4.19%
High school diploma 16.78%
Some college, no degree 17.58%
Associate degree 5.16%
Bachelor's degree 43.85%
Graduate or professional degree 8.23%

Real Estate in zip code 07040

Housing occupied 95.72%
Housing vacant 4.28%
Housing occupied by owner 78.55%
Housing occupied by tenant 21.45%
Total Rented Units 1688
Median Contract Gross Rent $1,314
Median Gross Rent $1,434
Median Home Value $467,600

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 07040 median gross rent is 9.13% larger then the median contract rent.

Average estimated apartment rent in zip code 07040

Studio $1,370
1 Bedroom $1,500
2 Bedrooms $1,710
3 Bedrooms $2,160
4 Bedrooms $2,610
AVERAGE RENT $1,870

Average rent in zip code 07040 ($1,870.00) is 18.9% higher compared to nearby zip codes and 99.9% higher compared to the average rent in the US. The following illustrates how zip code 07040 rent compares to the nearby zip code rents by unit type: studio apartment rent is 18.9% higher, one bedroom apartment rent is 19% higher, two bedroom rent is 18.9% higher, three bedroom rent is 19.1% higher, four bedroom rent is 18.8% higher.

Housing units in zip code 07040

Total housing units 8221
Detached housing units 68.79%
Attached housing units 4.78%
2 units 12.19%
3 - 4 units 3.99%
5 - 9 units 1.01%
10 - 19 units 2.04%
20 - 49 units 1.41%
50 or more units 5.79%
Mobile homes 0%
Boats, RVs, Vans 0%

Real Estate taxes paid in zip code 07040

Total Real Estate Taxes $75,459,100
Real estate taxes paid for units with a mortgage $59,867,300
Real estate taxes paid for units with no mortgage $15,591,700

Compare Zip Codes

or compare zip code 07040 to other nearby zip codes.

Nearby Zip Code Income Per Capita Comparison

Zip Codes Near 07040

Zip Code City County Distance
07079 South Orange Essex 1.14 ml
07088 Vauxhall Union 1.21 ml
07111 Irvington Essex 1.76 ml
07041 Millburn Essex 1.86 ml
07106 Newark Essex 2.06 ml
07083 Union Union 2.51 ml
07205 Hillside Union 3.08 ml
07112 Newark Essex 3.13 ml
07018 East Orange Essex 3.2 ml
07081 Springfield Union 3.22 ml