ZIP 07016 vs ZIP 07023
A side-by-side comparison of ZIP Code 07016 and ZIP Code 07023: population, income, housing, and more.
ZIP 07016 and ZIP 07023 are ZIP Code areas in New Jersey. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 07016 has the higher population (23,841 vs 7,714 in ZIP 07023). ZIP 07023 has the higher median household income ($176,667 vs $148,629 in ZIP 07016). ZIP 07016 has the higher median home value ($635,800 vs $610,600 in ZIP 07023).
Population, income & housing
| ZIP 07016 | ZIP 07023 | |
|---|---|---|
| Population | 23,841 | 7,714 |
| Median age | 42.9 yrs | 42.4 yrs |
| Median household income | $148,629 | $176,667 |
| Median home value | $635,800 | $610,600 |
| Median gross rent | $2,116 | $2,368 |
| Housing units | 9,619 | 2,783 |
| Homeownership rate | 78.4% | 86.5% |
| Bachelor's degree or higher | 64.8% | 71.2% |
| Unemployment rate | 3.4% | 2.8% |
Trends (ACS 5-year, 2019–2023)
| ZIP 07016 | ZIP 07023 | |
|---|---|---|
| Population | 24,014 → 23,841 (-0.7%) | 7,660 → 7,714 (+0.7%) |
| Median household income | $129,781 → $148,629 (+14.5%) | $147,905 → $176,667 (+19.4%) |
| Median home value | $486,600 → $635,800 (+30.7%) | $467,800 → $610,600 (+30.5%) |
| Median gross rent | $1,705 → $2,116 (+24.1%) | $2,710 → $2,368 (-12.6%) |
ZIP 07016
24,01423,841
$129,781$148,629
$486,600$635,800
$1,705$2,116
ZIP 07023
7,6607,714
$147,905$176,667
$467,800$610,600
$2,710$2,368
Age & race/ethnicity
Age distribution (share)
| ZIP 07016 | ZIP 07023 | |
|---|---|---|
| Under 5 | 6.0% | 4.6% |
| 5 to 17 | 16.5% | 19.1% |
| 18 to 24 | 6.2% | 7.0% |
| 25 to 34 | 10.3% | 8.2% |
| 35 to 44 | 13.5% | 14.7% |
| 45 to 54 | 14.8% | 11.2% |
| 55 to 64 | 13.0% | 18.6% |
| 65 to 74 | 9.3% | 9.0% |
| 75 and over | 10.4% | 7.6% |
Race & ethnicity (share)
| ZIP 07016 | ZIP 07023 | |
|---|---|---|
| White (non-Hispanic) | 84.6% | 69.8% |
| Black or African American | 2.1% | 3.7% |
| American Indian & Alaska Native | 0.0% | 0.0% |
| Asian | 3.0% | 8.3% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.5% | 0.5% |
| Two or more races | 2.3% | 6.4% |
| Hispanic or Latino | 7.4% | 11.4% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 07016 | ZIP 07023 | |
|---|---|---|
| No high school diploma | 2.8% | 2.5% |
| High school graduate | 17.7% | 11.7% |
| Some college or associate's | 14.7% | 14.6% |
| Bachelor's degree | 37.7% | 44.5% |
| Graduate or professional degree | 27.1% | 26.7% |
Commute to work
How workers get to work (share)
| ZIP 07016 | ZIP 07023 | |
|---|---|---|
| Drove alone | 58.5% | 58.5% |
| Carpooled | 3.8% | 3.8% |
| Public transit | 12.4% | 11.7% |
| Walked | 1.4% | 0.6% |
| Bicycle | 0.1% | 0.0% |
| Worked from home | 22.7% | 24.7% |
| Other means | 1.0% | 0.8% |
Housing
Units in structure (share)
| ZIP 07016 | ZIP 07023 | |
|---|---|---|
| 1-unit, detached | 72.4% | 84.8% |
| 1-unit, attached | 2.8% | 4.5% |
| 2 to 4 units | 10.1% | 3.4% |
| 5 to 19 units | 3.6% | 1.1% |
| 20 or more units | 11.0% | 5.5% |
| Mobile home & other | 0.0% | 0.8% |
Poverty & households
| ZIP 07016 | ZIP 07023 | |
|---|---|---|
| Poverty rate | 2.7% | 1.4% |
| Average household size | 2.50 | 2.76 |
| Mean commute (minutes) | 35 | 43 |
| Median year structure built | 1951 | 1954 |