ZIP 07716 vs ZIP 07723
A side-by-side comparison of ZIP Code 07716 and ZIP Code 07723: population, income, housing, and more.
ZIP 07716 and ZIP 07723 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 07716 has the higher population (8,528 vs 815 in ZIP 07723). ZIP 07716 has the higher median household income ($124,096 vs $86,563 in ZIP 07723). ZIP 07723 has the higher median home value ($1,341,500 vs $621,700 in ZIP 07716).
Population, income & housing
| ZIP 07716 | ZIP 07723 | |
|---|---|---|
| Population | 8,528 | 815 |
| Median age | 50.3 yrs | 54.8 yrs |
| Median household income | $124,096 | $86,563 |
| Median home value | $621,700 | $1,341,500 |
| Median gross rent | $1,863 | $1,422 |
| Housing units | 3,931 | 1,194 |
| Homeownership rate | 69.2% | 66.5% |
| Bachelor's degree or higher | 46.7% | 34.2% |
| Unemployment rate | 4.4% | 3.1% |
Trends (ACS 5-year, 2019–2023)
| ZIP 07716 | ZIP 07723 | |
|---|---|---|
| Population | 8,142 → 8,528 (+4.7%) | 701 → 815 (+16.3%) |
| Median household income | $92,222 → $124,096 (+34.6%) | $65,521 → $86,563 (+32.1%) |
| Median home value | $455,700 → $621,700 (+36.4%) | $1,078,100 → $1,341,500 (+24.4%) |
| Median gross rent | $1,248 → $1,863 (+49.3%) | $1,125 → $1,422 (+26.4%) |
ZIP 07716
8,1428,528
$92,222$124,096
$455,700$621,700
$1,248$1,863
ZIP 07723
701815
$65,521$86,563
$1,078,100$1,341,500
$1,125$1,422
Age & race/ethnicity
Age distribution (share)
| ZIP 07716 | ZIP 07723 | |
|---|---|---|
| Under 5 | 2.5% | 3.2% |
| 5 to 17 | 15.5% | 9.8% |
| 18 to 24 | 5.1% | 16.7% |
| 25 to 34 | 10.2% | 5.6% |
| 35 to 44 | 7.6% | 7.5% |
| 45 to 54 | 18.9% | 8.5% |
| 55 to 64 | 17.3% | 11.4% |
| 65 to 74 | 15.5% | 19.3% |
| 75 and over | 7.4% | 18.0% |
Race & ethnicity (share)
| ZIP 07716 | ZIP 07723 | |
|---|---|---|
| White (non-Hispanic) | 87.1% | 75.1% |
| Black or African American | 3.2% | 1.6% |
| American Indian & Alaska Native | 0.0% | 0.0% |
| Asian | 2.8% | 0.9% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.3% | 0.1% |
| Two or more races | 2.5% | 9.0% |
| Hispanic or Latino | 4.1% | 13.4% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 07716 | ZIP 07723 | |
|---|---|---|
| No high school diploma | 8.2% | 5.8% |
| High school graduate | 23.4% | 33.7% |
| Some college or associate's | 21.7% | 26.4% |
| Bachelor's degree | 32.1% | 20.1% |
| Graduate or professional degree | 14.6% | 14.1% |
Commute to work
How workers get to work (share)
| ZIP 07716 | ZIP 07723 | |
|---|---|---|
| Drove alone | 65.8% | 59.1% |
| Carpooled | 4.5% | 4.6% |
| Public transit | 10.8% | 4.3% |
| Walked | 0.0% | 15.4% |
| Bicycle | 0.2% | 0.0% |
| Worked from home | 16.8% | 16.5% |
| Other means | 1.9% | 0.0% |
Housing
Units in structure (share)
| ZIP 07716 | ZIP 07723 | |
|---|---|---|
| 1-unit, detached | 64.1% | 86.6% |
| 1-unit, attached | 5.0% | 0.0% |
| 2 to 4 units | 5.9% | 1.1% |
| 5 to 19 units | 9.5% | 6.1% |
| 20 or more units | 15.6% | 4.9% |
| Mobile home & other | 0.0% | 1.3% |
Poverty & households
| ZIP 07716 | ZIP 07723 | |
|---|---|---|
| Poverty rate | 3.6% | 15.2% |
| Average household size | 2.25 | 2.38 |
| Mean commute (minutes) | 37 | 33 |
| Median year structure built | 1970 | 1948 |