07440 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 07440, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

07440 is a zip code in Morris County, New Jersey, which covers Pequannock, with a total population of 4,793 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 07440 zip code. The most basic data is the total population, which is the total number of people living in 07440.

The estimated population of people living in 07440 is 4,793, with a median age of 37.5.

We can look back at data from previous years to see how the population in the 07440 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
4,793
+5.11%
+12.25%
2020
4,560
+2.04%
-
2019
4,469
+7.2%
-
2018
4,169
 -2.37% -
2017
4,270
 - -

Population of 07440 by Race and Ethnicity

How much has the race and ethnicity of the population in the 07440 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
79.3%
86.2%
 -8.00%
Black/African American
0%
0.5%
 -100.00%
Native
0.6%
0%
 0.00%
Hispanic
13.2%
8%
 +65.00%
Asian
3%
1.5%
 +100.00%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
3.9%
3.5%
 +11.43%
Other
0%
0.3%
 -100.00%

This data can be very important for anybody studying the 07440 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 07440 by Age and Gender

We can also monitor the change of the age and gender in the 07440 zip code to track track trends in the population over time.

We can see how the population in 07440 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 37.5 -1.32% 31.6 -4.24% 40.1 -4.52%
2020 38 -7.09% 33 +4.76% 42 -8.1%
2019 40.9 -5.32% 31.5 -24.1% 45.7 +1.11%
2018 43.2 -0.23% 41.5 +0.24% 45.2 0%
2017 43.3 - 41.4 - 45.2 -

The median age of the 07440 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 07440 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 232 +88.07% 151 -2.72% 476 138
10 to 19 285 +24.07% 321 +12.6% 352 344
20 to 29 303 +5.08% 210 +73.02% 313 374
30 to 39 243 13.73% 124 +132.02% 242 335
40 to 49 322 -50.4% 442 -56.42% 175 229
50 to 59 269 +58.44% 360 -0.25% 460 348
60 to 69 241 -54.85% 195 +34.08% 128 242
70+ 258 +3.97% 314 +26.45% 259 378

Median Household Income

The latest median household income for the 07440 zip code is $155,497.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 07440.

  • Under 25
    $0.00
  • 25 to 44
    $147,115.00
  • 45 to 64
    $186,000.00
  • 65 and over
    $68,188.00

Average Household Income

Whenever we ask what is the average household income in the 07440 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 07440, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 07440 is currently $158,765.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

30.70% of households in 07440 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 07440 against other zip codes.

  • Less than $24,999
    9.08%
  • $25,000 to $49,999
    8.10%
  • $50,000 to $74,999
    3.00%
  • $75,000 to $99,999
    12.15%
  • $100,000 to $149,999
    14.63%
  • $150,000 to $199,999
    22.34%
  • $200,000 or more
    30.70%

Per Capita Income

The per capita income in 07440 is $52,033.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 07440 by the total population of 07440.

This is different from the average or mean income because it includes and accounts for all people living in the 07440 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 07440 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    16.88%
  • Bachelor's degree
    41.36%
  • Some college or associate's degree
    10.28%
  • High school diploma or equivalent
    31.09%
  • Less than high school diploma
    0.39%

Employment

Employment rates are all based around the total population in 07440 that are over the age of 16.

Currently, the total population of the 07440 zip over the age of 16 is 3,734.

Of those people, a total of 72.40% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 07440 is 71.30%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 07440 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 251 38.60% 41.20%
20 to 24 years 247 87.00% 0.00%
25 to 29 years 440 95.70% 0.00%
30 to 34 years 256 77.30% 0.00%
35 to 44 years 522 87.00% 0.00%
45 to 54 years 514 95.10% 0.00%
55 to 59 years 497 88.50% 0.00%
60 to 64 years 182 85.20% 0.00%
65 to 74 years 412 47.30% 0.00%
75 years and over 413 9.70% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 07440. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 3,372 71.90% 1.70%
Black or African American 0 0.00% 0.00%
American Indian and Alaska Native 28 100.00% 0.00%
Asian 146 43.80% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 0 0.00% 0.00%
Two or more races 188 100.00% 0.00%
Hispanic or Latino 292 88.00% 0.00%
Not Hispanic or Latino 3,163 71.10% 1.80%

Occupations

In this section we can look at the most common occupations for people living in the 07440 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 07440 is 2,664, with median earnings of $69,298.00.

Women in 07440 are earning approximately 61.30% of the men's earnings.

Population Earnings
Total 2,664 $69,298.00
Male 1,363 $76,685.00
Female 1,301 $47,009.00

Occupations by Category

In the table below, we can break down the population and earnings for 07440 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 390 $143,966.00
Business and Financial 178 $79,655.00
Computer and Mathematical 92 $67,386.00
Architecture and Engineering 19 $0.00
Life, Physical, and Social Science 47 $108,580.00
Community and Social Service 12 $26,250.00
Legal 25 $0.00
Educational and Library 199 $37,132.00
Arts, Design, Entertainment, Sports, and Media 18 $0.00
Healthcare Practitioners 285 $88,039.00
Healthcare Support 58 $0.00
Firefighters and Protective Service 38 $0.00
Law Enforcement 17 $0.00
Food Preparation and Serving 121 $19,181.00
Building and Grounds Cleaning 47 $44,917.00
Personal Care and Service 79 $27,806.00
Sales 179 $76,103.00
Office and Administrative Support 382 $48,750.00
Farming, Fishing, and Forestry 0 $0.00
Construction and Extraction 184 $67,308.00
Installation, Maintenance, and Repair 11 $0.00
Production 92 $34,706.00
Transportation and Material Moving 108 $26,146.00

Occupations by Gender

Now we can also look at the occupations by category for 07440 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 07440.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 253 $98,491.00 137 $193,137.00
Business and Financial 135 $79,526.00 43 $107,750.00
Computer and Mathematical 65 $65,852.00 27 $0.00
Architecture and Engineering 19 $0.00 0 $0.00
Life, Physical, and Social Science 22 $0.00 25 $0.00
Community and Social Service 12 $26,250.00 0 $0.00
Legal 0 $0.00 25 $0.00
Educational and Library 39 $0.00 160 $19,265.00
Arts, Design, Entertainment, Sports, and Media 15 $0.00 3 $0.00
Healthcare Practitioners 38 $0.00 247 $88,066.00
Healthcare Support 0 $0.00 58 $0.00
Firefighters and Protective Service 38 $0.00 0 $0.00
Law Enforcement 7 $0.00 10 $0.00
Food Preparation and Serving 71 $19,440.00 50 $0.00
Building and Grounds Cleaning 47 $44,917.00 0 $0.00
Personal Care and Service 19 $0.00 60 $0.00
Sales 127 $79,671.00 52 $71,000.00
Office and Administrative Support 135 $123,523.00 247 $37,604.00
Farming, Fishing, and Forestry 0 $0.00 0 $0.00
Construction and Extraction 184 $67,308.00 0 $0.00
Installation, Maintenance, and Repair 11 $0.00 0 $0.00
Production 42 $0.00 50 $0.00
Transportation and Material Moving 84 $26,771.00 24 $0.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 1,531 households in 07440, with an average household size of 3.12 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 1,166 families living in the 07440 zip code with an average family size of 3.7 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 07440:

Married Male Female Nonfamily
Total Households 988 51 127 365
Average Household Size 3.81 3.12 3.52 1.11
Total Families 988 51 127 0
Average Household Size 3.8 3.12 3.19 0

Poverty

Of the 1,166 families living in 07440, 0.00% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 07440:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 1,608 housing units in 07440.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 1,531 95.21%
Vacant 77 4.79%

11.44% of the total 1,608 housing units in 07440 are rental units. This is approximately 184 properties.

For owner-occupied housing units, a total of 1,347 are occupied by the owner - or 83.77% of the total.

Rental Rates

The median rent for a property in 07440 is $0.00.

In the chart below, we can look at the number of rental properties in 07440 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    0
  • Less than $500
    88
  • $500 to $999
    21
  • $1,000 to $1,499
    14
  • $1,500 to $1,999
    29
  • $2,000 to $2,499
    12
  • $2,500 to $2,999
    20
  • $3,000 or more
    0

Property Value

The median value of a property in 07440 is $450,600.00.

Just like with rental rates, we can look at the number of properties in 07440 that fall into a particular value range.

  • Less than $50,000
    36
  • $50,000 to $99,999
    0
  • $100,000 to $149,999
    0
  • $150,000 to $199,999
    20
  • $200,000 to $299,999
    245
  • $300,000 to $499,999
    547
  • $500,000 to $999,999
    480
  • $1,000,000 or more
    19

Property Age

We can also look at the age of properties in 07440. The chart below shows the number of properties in 07440 that fall into a particular age range.

  • 1939 or earlier
    166
  • 1940 to 1949
    64
  • 1950 to 1959
    412
  • 1960 to 1969
    594
  • 1970 to 1979
    178
  • 1980 to 1989
    89
  • 1990 to 1999
    28
  • 2000 to 2009
    48
  • 2010 to 2013
    29
  • 2014 or later
    0

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 07440 that have a particular number of vehicles available.

  • No vehicles available
    48
  • 1 vehicle available
    269
  • 2 vehicles available
    639
  • 3 or more vehicles available
    575

Commuting to Work

In this section, we can also look at how people in 07440 get to work. The chart below shows the number of people in 07440 that commute to work in a particular way.

27.9 minutes is the average travel time to work for people in 07440.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    45
  • 5 to 9 minutes
    209
  • 10 to 14 minutes
    192
  • 15 to 19 minutes
    487
  • 20 to 24 minutes
    195
  • 25 to 29 minutes
    109
  • 30 to 34 minutes
    385
  • 35 to 39 minutes
    96
  • 40 to 44 minutes
    187
  • 45 to 59 minutes
    284
  • 60 to 89 minutes
    167
  • 90 or more minutes
    28

Summary

We've covered a LOT of demographic and population data for 07440 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 07440

If you want to see how the population and demographics of 07440 compare to other zip codes in New Jersey, check out the list of all New Jersey zip codes below: