ZIP 07931 vs ZIP 07940
A side-by-side comparison of ZIP Code 07931 and ZIP Code 07940: population, income, housing, and more.
ZIP 07931 and ZIP 07940 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 07940 has the higher population (17,675 vs 3,271 in ZIP 07931). ZIP 07940 has the higher median household income ($168,520 vs $159,013 in ZIP 07931). ZIP 07931 has the higher median home value ($1,084,200 vs $883,200 in ZIP 07940).
Population, income & housing
| ZIP 07931 | ZIP 07940 | |
|---|---|---|
| Population | 3,271 | 17,675 |
| Median age | 47.0 yrs | 35.2 yrs |
| Median household income | $159,013 | $168,520 |
| Median home value | $1,084,200 | $883,200 |
| Median gross rent | $3,469 | $2,248 |
| Housing units | 1,405 | 5,733 |
| Homeownership rate | 84.2% | 64.2% |
| Bachelor's degree or higher | 68.7% | 70.7% |
| Unemployment rate | 7.0% | 6.8% |
Trends (ACS 5-year, 2019–2023)
| ZIP 07931 | ZIP 07940 | |
|---|---|---|
| Population | 3,203 → 3,271 (+2.1%) | 17,523 → 17,675 (+0.9%) |
| Median household income | $182,642 → $159,013 (-12.9%) | $146,620 → $168,520 (+14.9%) |
| Median home value | $922,600 → $1,084,200 (+17.5%) | $724,000 → $883,200 (+22.0%) |
| Median gross rent | $2,417 → $3,469 (+43.5%) | $1,807 → $2,248 (+24.4%) |
ZIP 07931
3,2033,271
$182,642$159,013
$922,600$1,084,200
$2,417$3,469
ZIP 07940
17,52317,675
$146,620$168,520
$724,000$883,200
$1,807$2,248
Age & race/ethnicity
Age distribution (share)
| ZIP 07931 | ZIP 07940 | |
|---|---|---|
| Under 5 | 3.3% | 5.0% |
| 5 to 17 | 16.9% | 16.4% |
| 18 to 24 | 7.7% | 19.4% |
| 25 to 34 | 5.9% | 9.0% |
| 35 to 44 | 14.9% | 11.3% |
| 45 to 54 | 13.7% | 13.2% |
| 55 to 64 | 14.9% | 13.2% |
| 65 to 74 | 17.3% | 6.5% |
| 75 and over | 5.3% | 6.0% |
Race & ethnicity (share)
| ZIP 07931 | ZIP 07940 | |
|---|---|---|
| White (non-Hispanic) | 78.1% | 72.9% |
| Black or African American | 1.0% | 2.2% |
| American Indian & Alaska Native | 0.0% | 0.1% |
| Asian | 4.5% | 5.7% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.0% | 0.3% |
| Two or more races | 0.9% | 4.4% |
| Hispanic or Latino | 15.5% | 14.4% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 07931 | ZIP 07940 | |
|---|---|---|
| No high school diploma | 1.6% | 3.3% |
| High school graduate | 14.5% | 14.6% |
| Some college or associate's | 15.1% | 11.4% |
| Bachelor's degree | 33.4% | 39.9% |
| Graduate or professional degree | 35.3% | 30.8% |
Commute to work
How workers get to work (share)
| ZIP 07931 | ZIP 07940 | |
|---|---|---|
| Drove alone | 51.8% | 52.2% |
| Carpooled | 5.4% | 3.8% |
| Public transit | 2.8% | 7.7% |
| Walked | 10.0% | 9.5% |
| Bicycle | 0.0% | 0.6% |
| Worked from home | 30.0% | 24.7% |
| Other means | 0.0% | 1.5% |
Housing
Units in structure (share)
| ZIP 07931 | ZIP 07940 | |
|---|---|---|
| 1-unit, detached | 86.6% | 62.8% |
| 1-unit, attached | 8.8% | 6.9% |
| 2 to 4 units | 2.8% | 15.3% |
| 5 to 19 units | 1.0% | 7.8% |
| 20 or more units | 0.7% | 7.2% |
| Mobile home & other | 0.0% | 0.0% |
Poverty & households
| ZIP 07931 | ZIP 07940 | |
|---|---|---|
| Poverty rate | 4.8% | 2.8% |
| Average household size | 2.61 | 2.68 |
| Mean commute (minutes) | 32 | 26 |
| Median year structure built | 1984 | 1959 |