ZIP Code 07005
ZIP Code Tabulation Area in Morris County, New Jersey.
- Population
- 15,240
- Median household income
- $126,411
- Median home value
- $565,900
+2.0%’19–’23
+12.9%’19–’23
+21.3%’19–’23
Covering part of Morris County, New Jersey, ZIP Code 07005 has about 15,240 residents. The median household income of $126,411 is below the Morris County median ($134,929).
Between 2019 and 2023, ZIP Code 07005's population grew 2.0% from 14,939 to 15,240, while its median gross rent rose 26.3% from $1,409 to $1,779.
Households average 2.61 people. The median gross rent is $1,779.
Demographics
ACS 2019–2023- Population
- 15,240
- Median age
- 42.0 yrs
- Median household income
- $126,411
- Median home value
- $565,900
- Median gross rent
- $1,779
- Housing units
- 6,115
- Homeownership rate
- 70.9%
- Bachelor's degree or higher
- 55.6%
- Unemployment rate
- 5.0%
Trends
ACS 5-year · 2019–202314,93915,240
$111,946$126,411
$466,700$565,900
$1,409$1,779
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 14,939 | $111,946 | $466,700 | $1,409 |
| 2020 | 14,644 | $104,531 | $476,900 | $1,406 |
| 2021 | 14,912 | $110,350 | $481,300 | $1,503 |
| 2022 | 15,106 | $120,783 | $552,300 | $1,699 |
| 2023 | 15,240 | $126,411 | $565,900 | $1,779 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 55.1%
5 to 1717.0%
18 to 248.4%
25 to 3410.0%
35 to 4414.0%
45 to 5412.7%
55 to 6414.7%
65 to 7412.2%
75 and over5.9%
| Count | Share | |
|---|---|---|
| Under 5 | 782 | 5.1% |
| 5 to 17 | 2,593 | 17.0% |
| 18 to 24 | 1,276 | 8.4% |
| 25 to 34 | 1,524 | 10.0% |
| 35 to 44 | 2,134 | 14.0% |
| 45 to 54 | 1,938 | 12.7% |
| 55 to 64 | 2,233 | 14.7% |
| 65 to 74 | 1,855 | 12.2% |
| 75 and over | 905 | 5.9% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 11,112 | 72.9% |
| Black or African American | 594 | 3.9% |
| American Indian & Alaska Native | 25 | 0.2% |
| Asian | 1,113 | 7.3% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 52 | 0.3% |
| Two or more races | 510 | 3.3% |
| Hispanic or Latino (any race) | 1,834 | 12.0% |
Educational attainment (age 25+)
No high school diploma4.2%
High school graduate20.5%
Some college or associate's19.7%
Bachelor's degree33.0%
Graduate or professional degree22.6%
| Count | Share | |
|---|---|---|
| No high school diploma | 440 | 4.2% |
| High school graduate | 2,176 | 20.5% |
| Some college or associate's | 2,087 | 19.7% |
| Bachelor's degree | 3,494 | 33.0% |
| Graduate or professional degree | 2,392 | 22.6% |
Commute to work
- Mean travel time to work
- 26 min
Drove alone72.8%
Carpooled4.5%
Public transit1.7%
Walked0.9%
Bicycle0.0%
Worked from home19.0%
Other means1.2%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 5,779 | 72.8% |
| Carpooled | 355 | 4.5% |
| Public transit | 132 | 1.7% |
| Walked | 70 | 0.9% |
| Bicycle | 0 | 0.0% |
| Worked from home | 1,507 | 19.0% |
| Other means | 99 | 1.2% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 1,550 | 24.1% |
| 15 to 29 min | 2,662 | 41.4% |
| 30 to 44 min | 1,224 | 19.0% |
| 45 to 59 min | 495 | 7.7% |
| 60+ min | 504 | 7.8% |
Households
- Average household size
- 2.61
- Poverty rate
- 5.2% (780 of 15,050)
| Count | Share | |
|---|---|---|
| Family households | 4,043 | 70.4% |
| Nonfamily households | 1,702 | 29.6% |
Housing
- Median year structure built
- 1960
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 5,745 | 93.9% |
| Vacant | 370 | 6.1% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 4,076 | 70.9% |
| Renter-occupied | 1,669 | 29.1% |
1-unit, detached68.7%
1-unit, attached9.2%
2 to 4 units15.7%
5 to 19 units3.0%
20 or more units3.4%
Mobile home & other0.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 4,200 | 68.7% |
| 1-unit, attached | 565 | 9.2% |
| 2 to 4 units | 960 | 15.7% |
| 5 to 19 units | 184 | 3.0% |
| 20 or more units | 206 | 3.4% |
| Mobile home & other | 0 | 0.0% |
Geography
- ZCTA
- 07005
- Land area
- 18 sq mi
- Water area
- 1.82 sq mi
- Center point
- 40.9303, -74.4111
Counties this ZIP covers
1Compare with nearby ZIP codes
6National ZIP rankings
21- Largest by population
- Most densely populated
- Highest median household income
- Highest median home value
- Most affordable home values
- Highest median gross rent
- Cheapest median gross rent
- Oldest by median age
- Youngest by median age
- Most college-educated
- Highest poverty rate
- Lowest poverty rate
- Highest homeownership rate
- Lowest homeownership rate
- Longest commutes
- Shortest commutes
- Largest households
- Newest housing
- Oldest housing
- Fastest-growing (2019–2023)
- Fastest-shrinking (2019–2023)