Population 18,154 · Census ACS 2020–24
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Population and households in ZIP 07940
Household size in ZIP 07940
| Period | ZIP 07940 | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.55 | 2.79 | 2.77 | 2.68 |
| 2010–14 | 2.63 | 2.85 | 2.82 | 2.73 |
| 2015–19 | 2.73 | 2.82 | 2.78 | 2.71 |
| 2020–24 | 2.64 | 2.79 | 2.76 | 2.65 |
| Change | +0.09 | −0.00 | −0.01 | −0.03 |
Households in ZIP 07940 average 2.64 people, about the same as the country as a whole (2.65). The typical household here is smaller than in the New York area overall, where it has 2.79 people. Since 2006–10, household size has climbed from 2.55, even as the national average fell.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 07940
| Period | ZIP 07940 | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 36.5 | 38.0 | 39.1 | 37.7 |
| 2010–14 | 37.8 | 38.7 | 40.0 | 38.6 |
| 2015–19 | 38.8 | 39.8 | 41.0 | 39.6 |
| 2020–24 | 37.5 | 40.4 | 40.9 | 40.1 |
| Change | +1.0 | +2.4 | +1.8 | +2.3 |
The median resident of ZIP 07940 is 37.5 years old, a few years younger than the national median of 40.1. The median age has climbed from 36.5 in 2006–10, in line with the national trend. The youngest areas are in the west, the oldest in the south.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 07940
| Period | ZIP 07940 | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.2% | 13.1% | 11.6% | 12.3% |
| 2010–14 | 7.6% | 12.8% | 11.8% | 12.3% |
| 2015–19 | 7.7% | 11.4% | 10.8% | 11.6% |
| 2020–24 | 5.2% | 11.6% | 11.3% | 11.6% |
| Change | −2.1 pts | −1.5 pts | −0.4 pts | −0.6 pts |
Single parents head only 5.2% of households in ZIP 07940, well below the national share of 11.6%. The single-parent share is down 2.1 points from 2006–10, a much bigger shift than nationally. ZIP 07940 has a lower share of single-parent households than at least four in five New Jersey ZIP codes.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 07940
Renters in ZIP 07940
| Period | ZIP 07940 | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 32.1% | 47.1% | 33.1% | 33.3% |
| 2010–14 | 30.7% | 48.7% | 35.0% | 35.6% |
| 2015–19 | 33.1% | 48.8% | 36.1% | 36.0% |
| 2020–24 | 36.2% | 48.6% | 36.2% | 34.8% |
| Change | +4.1 pts | +1.5 pts | +3.1 pts | +1.5 pts |
More than a third of households in ZIP 07940 rent their homes (36.2%), close to the national share of 34.8%. Renters make up a smaller share here than in the New York area as a whole (48.6%). Among owners, 34.4% have paid off their mortgages, below the national share of 39.8%. Since 2006–10, the renter share has risen 4.1 points, mirroring the country.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 07940
| Period | ZIP 07940 | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.1% | 9.1% | 9.1% | 11.4% |
| 2010–14 | 7.0% | 9.0% | 9.3% | 11.4% |
| 2015–19 | 5.3% | 9.1% | 9.3% | 11.1% |
| 2020–24 | 4.9% | 7.9% | 6.6% | 9.6% |
| Change | −2.2 pts | −1.2 pts | −2.5 pts | −1.8 pts |
Only 4.9% of homes in ZIP 07940 are vacant, far below the national rate of 9.6%, which usually means strong demand for housing. Since 2006–10, vacancy has fallen 2.2 points, in line with the national trend.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 07940
| Period | ZIP 07940 | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 1957 | 1957 | 1965 | 1974 |
| 2010–14 | 1957 | 1958 | 1966 | 1975 |
| 2015–19 | 1956 | 1959 | 1967 | 1977 |
| 2020–24 | 1968 | 1962 | 1969 | 1980 |
| Change | +12 | +5 | +5 | +6 |
ZIP 07940 is a place of older homes: half were built before 1968, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. Still, homes here are newer than in the New York area as a whole, where the median home dates to 1962. Newer construction is concentrated in the northwest, while the east has the oldest housing.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 07940
| Period | ZIP 07940 | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,458 | $1,268 | $1,246 | $965 |
| 2010–14 | $1,505 | $1,377 | $1,324 | $1,040 |
| 2015–19 | $1,919 | $1,645 | $1,522 | $1,213 |
| 2020–24 | $2,291 | $2,060 | $1,896 | $1,571 |
| Change | +$832 | +$792 | +$651 | +$606 |
The median renter in ZIP 07940 pays $2,291 a month for rent and utilities, well above the national median of $1,571. Rent has climbed $832 a month since 2006–10, up 57%, a slower climb than the nation's. The typical renter here spends 30.8% of household income on rent, just over the 30% mark often used to define affordable rent. Renters on a budget will find the lowest rents in the northwest; the highest are in the southwest.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 07940
Bachelor's degrees in ZIP 07940
| Period | ZIP 07940 | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 60.1% | 35.0% | 34.7% | 28.4% |
| 2010–14 | 66.1% | 36.7% | 36.4% | 29.6% |
| 2015–19 | 67.8% | 39.9% | 39.6% | 32.1% |
| 2020–24 | 74.1% | 43.6% | 43.4% | 35.6% |
| Change | +14.0 pts | +8.6 pts | +8.6 pts | +7.2 pts |
ZIP 07940 is highly educated: about three-quarters of adults 25 and older (74.1%) hold at least a bachelor's degree, far above the national share of 35.6%. Since 2006–10, the share with a degree has risen 14.0 points, in line with the national trend. Only 29 of the 425 New Jersey ZIP codes with 5,000+ people have a higher share of college graduates.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 07940
| Period | ZIP 07940 | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 93.3% | 83.7% | 87.0% | 84.9% |
| 2010–14 | 95.1% | 84.6% | 88.1% | 86.1% |
| 2015–19 | 95.7% | 86.2% | 89.5% | 87.7% |
| 2020–24 | 97.4% | 86.9% | 90.2% | 89.3% |
| Change | +4.2 pts | +3.3 pts | +3.2 pts | +4.3 pts |
Finishing high school is nearly universal in ZIP 07940: 97.4% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has risen 4.2 points since 2006–10, as it has nationally. ZIP 07940 has a higher share of high school graduates than the great majority of New Jersey ZIP codes.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 07940
| Period | ZIP 07940 | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.9% | 7.9% | 7.9% | 8.1% |
| 2010–14 | 7.0% | 9.5% | 9.8% | 9.4% |
| 2015–19 | 3.9% | 5.7% | 5.6% | 5.6% |
| 2020–24 | 5.9% | 6.9% | 6.4% | 5.4% |
| Change | +1.1 pts | −0.9 pts | −1.5 pts | −2.7 pts |
At 5.9%, unemployment in ZIP 07940 is close to the national rate of 5.4%. The rate is lower than in the New York area overall (6.9%). Since 2006–10, unemployment has edged up 1.1 points, even as the national rate fell.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 07940 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 07940 | 2.64 | 37.5 | 5.2% | 36.2% | 4.9% | 1968 | $2,291 | 74.1% | 97.4% | 5.9% |
| ZIP 07932 | 2.70 | 42.1 | 3.6% | 28.9% | 8.0% | 1983 | $2,937 | 69.6% | 98.8% | 5.1% |
| ZIP 07935 | 2.70 | 46.9 | 4.0% | 28.9% | 2.0% | 1968 | $2,652 | 74.6% | 96.8% | 4.1% |
| ZIP 07928 | 3.10 | 39.6 | 4.9% | 15.6% | 3.8% | 1961 | $2,609 | 83.0% | 99.1% | 5.8% |
| ZIP 07976 | 2.81 | 53.5 | 1.3% | 9.8% | 3.2% | 1962 | $1,435 | 74.2% | 95.1% | 4.3% |
| ZIP 07901 | 2.77 | 43.4 | 6.8% | 31.5% | 5.2% | 1951 | $2,450 | 73.9% | 95.5% | 5.5% |
| ZIP 07981 | 2.50 | 50.5 | 5.1% | 13.4% | 1.4% | 1975 | $2,635 | 57.6% | 97.2% | 3.4% |
| ZIP 07960 | 2.53 | 41.2 | 9.2% | 37.0% | 4.1% | 1972 | $2,544 | 65.5% | 93.7% | 4.5% |
| ZIP 07974 | 2.55 | 46.0 | 5.2% | 22.1% | 6.9% | 1971 | $1,960 | 71.0% | 96.3% | 3.9% |
| ZIP 07927 | 2.62 | 45.1 | 3.6% | 39.4% | 2.9% | 1979 | $2,792 | 53.3% | 91.2% | 1.8% |
| ZIP 07936 | 2.89 | 45.5 | 2.4% | 9.4% | 2.8% | 1974 | $2,689 | 59.2% | 96.4% | 4.2% |
All figures 2020–24.
Zip codes with similar populations: 95519, CA · 95366, CA · 37090, TN · 07746, NJ · 63034, MO · 34446, FL · 44647, OH · 44830, OH · 45895, OH · 46013, IN
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 07940. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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