07481 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 07481, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

07481 is a zip code in Bergen County, New Jersey, which covers Franklin Lakes, Waldwick, and Wyckoff, with a total population of 16,746 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 07481 zip code. The most basic data is the total population, which is the total number of people living in 07481.

The estimated population of people living in 07481 is 16,746, with a median age of 46.7.

We can look back at data from previous years to see how the population in the 07481 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
16,746
 -1.26% -2.81%
2020
16,959
 -0.34% -
2019
17,017
 -0.18% -
2018
17,047
 -1.07% -
2017
17,231
 - -

Population of 07481 by Race and Ethnicity

How much has the race and ethnicity of the population in the 07481 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
87.7%
89.5%
 -2.01%
Black/African American
1%
0.6%
 +66.67%
Native
0.1%
0%
 0.00%
Hispanic
5.4%
3.4%
 +58.82%
Asian
5.2%
5.2%
 0.00%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
0.8%
1.3%
 -38.46%
Other
0%
0%
 0.00%

This data can be very important for anybody studying the 07481 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 07481 by Age and Gender

We can also monitor the change of the age and gender in the 07481 zip code to track track trends in the population over time.

We can see how the population in 07481 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 46.7 +0.21% 44.3 -0.23% 48.3 +0.42%
2020 46.6 +2.87% 44.4 0% 48.1 +3.89%
2019 45.3 +1.34% 44.4 0% 46.3 +2.89%
2018 44.7 +0.45% 44.4 0% 45 +0.67%
2017 44.5 - 44.4 - 44.7 -

The median age of the 07481 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 07481 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 1,126 -3.37% 1,036 -8.48% 1,088 948
10 to 19 1,217 -1.54% 1,478 -24.25% 1,194 1,143
20 to 29 646 +12.14% 738 -47.27% 705 444
30 to 39 625 -2.69% 789 +1.26% 607 797
40 to 49 940 +11.19% 1,307 -8.37% 1,042 1,193
50 to 59 1,473 -16.33% 1,484 -1.67% 1,244 1,456
60 to 69 1,100 +10.75% 1,007 +33.15% 1,214 1,380
70+ 984 +6.82% 1,281 -2.23% 1,052 1,239

Median Household Income

The latest median household income for the 07481 zip code is $167,368.00.

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 07481.

  • Under 25
    $0.00
  • 25 to 44
    $250,001.00
  • 45 to 64
    $173,488.00
  • 65 and over
    $121,474.00

Average Household Income

Whenever we ask what is the average household income in the 07481 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 07481, 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 07481 is currently $234,436.00.

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.

43.36% of households in 07481 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 07481 against other zip codes.

  • Less than $24,999
    4.44%
  • $25,000 to $49,999
    7.31%
  • $50,000 to $74,999
    7.53%
  • $75,000 to $99,999
    5.22%
  • $100,000 to $149,999
    15.97%
  • $150,000 to $199,999
    16.18%
  • $200,000 or more
    43.36%

Per Capita Income

The per capita income in 07481 is $82,422.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 07481 by the total population of 07481.

This is different from the average or mean income because it includes and accounts for all people living in the 07481 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 07481 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
    24.86%
  • Bachelor's degree
    50.81%
  • Some college or associate's degree
    4.32%
  • High school diploma or equivalent
    19.38%
  • Less than high school diploma
    0.63%

Employment

Employment rates are all based around the total population in 07481 that are over the age of 16.

Currently, the total population of the 07481 zip over the age of 16 is 13,051.

Of those people, a total of 62.10% 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 07481 is 59.20%.

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 07481 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 678 24.20% 7.30%
20 to 24 years 675 76.10% 7.00%
25 to 29 years 474 81.40% 4.70%
30 to 34 years 539 84.80% 3.10%
35 to 44 years 2,030 83.90% 1.30%
45 to 54 years 2,175 79.90% 8.60%
55 to 59 years 1,595 74.90% 1.20%
60 to 64 years 1,441 66.30% 8.10%
65 to 74 years 1,992 41.10% 3.50%
75 years and over 1,452 11.80% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 07481. 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 11,730 62.90% 5.00%
Black or African American 160 0.60% 0.00%
American Indian and Alaska Native 0 0.00% 0.00%
Asian 633 63.20% 1.50%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 64 45.30% 0.00%
Two or more races 464 62.70% 0.00%
Hispanic or Latino 722 66.20% 0.00%
Not Hispanic or Latino 11,450 62.60% 5.10%

Occupations

In this section we can look at the most common occupations for people living in the 07481 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 07481 is 7,729, with median earnings of $83,221.00.

Women in 07481 are earning approximately 44.80% of the men's earnings.

Population Earnings
Total 7,729 $83,221.00
Male 4,146 $121,047.00
Female 3,583 $54,207.00

Occupations by Category

In the table below, we can break down the population and earnings for 07481 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 1,738 $208,393.00
Business and Financial 552 $113,295.00
Computer and Mathematical 117 $103,906.00
Architecture and Engineering 115 $83,375.00
Life, Physical, and Social Science 53 $182,656.00
Community and Social Service 144 $52,424.00
Legal 314 $250,001.00
Educational and Library 794 $57,857.00
Arts, Design, Entertainment, Sports, and Media 186 $70,938.00
Healthcare Practitioners 674 $106,181.00
Healthcare Support 91 $15,592.00
Firefighters and Protective Service 58 $16,750.00
Law Enforcement 91 $151,806.00
Food Preparation and Serving 36 $12,292.00
Building and Grounds Cleaning 78 $18,902.00
Personal Care and Service 244 $21,375.00
Sales 971 $75,679.00
Office and Administrative Support 767 $48,750.00
Farming, Fishing, and Forestry 0 $0.00
Construction and Extraction 125 $53,750.00
Installation, Maintenance, and Repair 194 $78,022.00
Production 101 $55,030.00
Transportation and Material Moving 72 $61,667.00

Occupations by Gender

Now we can also look at the occupations by category for 07481 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 07481.

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 1,234 $249,286.00 504 $109,405.00
Business and Financial 304 $166,667.00 248 $55,870.00
Computer and Mathematical 91 $102,969.00 26 $153,438.00
Architecture and Engineering 75 $99,792.00 40 $0.00
Life, Physical, and Social Science 46 $183,750.00 7 $0.00
Community and Social Service 56 $51,894.00 88 $74,250.00
Legal 267 $250,001.00 47 $37,171.00
Educational and Library 180 $85,227.00 614 $37,500.00
Arts, Design, Entertainment, Sports, and Media 113 $84,875.00 73 $51,875.00
Healthcare Practitioners 246 $183,750.00 428 $78,977.00
Healthcare Support 7 $0.00 84 $15,208.00
Firefighters and Protective Service 41 $79,464.00 17 $0.00
Law Enforcement 86 $152,500.00 5 $0.00
Food Preparation and Serving 26 $11,250.00 10 $0.00
Building and Grounds Cleaning 29 $0.00 49 $0.00
Personal Care and Service 43 $2,499.00 201 $23,920.00
Sales 552 $102,500.00 419 $41,375.00
Office and Administrative Support 126 $44,107.00 641 $49,016.00
Farming, Fishing, and Forestry 0 $0.00 0 $0.00
Construction and Extraction 125 $53,750.00 0 $0.00
Installation, Maintenance, and Repair 186 $78,172.00 8 $0.00
Production 92 $51,250.00 9 $0.00
Transportation and Material Moving 72 $61,667.00 0 $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 5,749 households in 07481, with an average household size of 2.82 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 4,608 families living in the 07481 zip code with an average family size of 3.24 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 07481:

Married Male Female Nonfamily
Total Households 4,027 162 419 1,141
Average Household Size 3.28 2.36 3.4 1.08
Total Families 4,027 162 419 0
Average Household Size 3.27 2.32 3.33 0

Poverty

Of the 4,608 families living in 07481, 0.90% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 07481:

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 6,039 housing units in 07481.

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

Total Percentage
Occupied 5,749 95.20%
Vacant 290 4.80%

8.91% of the total 6,039 housing units in 07481 are rental units. This is approximately 538 properties.

For owner-occupied housing units, a total of 5,173 are occupied by the owner - or 85.66% of the total.

Rental Rates

The median rent for a property in 07481 is $2,127.00.

In the chart below, we can look at the number of rental properties in 07481 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
    38
  • Less than $500
    0
  • $500 to $999
    40
  • $1,000 to $1,499
    121
  • $1,500 to $1,999
    69
  • $2,000 to $2,499
    154
  • $2,500 to $2,999
    13
  • $3,000 or more
    141

Property Value

The median value of a property in 07481 is $803,500.00.

Just like with rental rates, we can look at the number of properties in 07481 that fall into a particular value range.

  • Less than $50,000
    17
  • $50,000 to $99,999
    16
  • $100,000 to $149,999
    26
  • $150,000 to $199,999
    9
  • $200,000 to $299,999
    86
  • $300,000 to $499,999
    520
  • $500,000 to $999,999
    3,200
  • $1,000,000 or more
    1,299

Property Age

We can also look at the age of properties in 07481. The chart below shows the number of properties in 07481 that fall into a particular age range.

  • 1939 or earlier
    900
  • 1940 to 1949
    316
  • 1950 to 1959
    1,419
  • 1960 to 1969
    1,278
  • 1970 to 1979
    350
  • 1980 to 1989
    615
  • 1990 to 1999
    444
  • 2000 to 2009
    407
  • 2010 to 2013
    310
  • 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 07481 that have a particular number of vehicles available.

  • No vehicles available
    168
  • 1 vehicle available
    1,150
  • 2 vehicles available
    3,015
  • 3 or more vehicles available
    1,416

Commuting to Work

In this section, we can also look at how people in 07481 get to work. The chart below shows the number of people in 07481 that commute to work in a particular way.

30.6 minutes is the average travel time to work for people in 07481.

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
    238
  • 5 to 9 minutes
    414
  • 10 to 14 minutes
    659
  • 15 to 19 minutes
    960
  • 20 to 24 minutes
    868
  • 25 to 29 minutes
    219
  • 30 to 34 minutes
    555
  • 35 to 39 minutes
    243
  • 40 to 44 minutes
    190
  • 45 to 59 minutes
    694
  • 60 to 89 minutes
    744
  • 90 or more minutes
    218

Summary

We've covered a LOT of demographic and population data for 07481 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 07481

If you want to see how the population and demographics of 07481 compare to other zip codes in New Jersey, check out the list of all New Jersey zip codes below: