07977 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 07977, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

07977 is a zip code in Somerset County, New Jersey, which covers Peapack and Gladstone, with a total population of 885 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 07977 zip code. The most basic data is the total population, which is the total number of people living in 07977.

The estimated population of people living in 07977 is 885, with a median age of 22.8.

We can look back at data from previous years to see how the population in the 07977 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
885
+75.94%
+56.08%
2020
503
 -31.19% -
2019
731
+15.3%
-
2018
634
+11.82%
-
2017
567
 - -

Population of 07977 by Race and Ethnicity

How much has the race and ethnicity of the population in the 07977 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
57.7%
60.7%
 -4.94%
Black/African American
13.1%
7.2%
 +81.94%
Native
0%
0%
 0.00%
Hispanic
20.6%
29.6%
 -30.41%
Asian
3.3%
2.5%
 +32.00%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
5.3%
0%
 0.00%
Other
0%
0%
 0.00%

This data can be very important for anybody studying the 07977 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 07977 by Age and Gender

We can also monitor the change of the age and gender in the 07977 zip code to track track trends in the population over time.

We can see how the population in 07977 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 22.8 -47.34% 24.5 -28.99% 21.8 -53.62%
2020 43.3 +17.66% 34.5 +25% 47 +7.31%
2019 36.8 +1.1% 27.6 -23.55% 43.8 +14.06%
2018 36.4 -15.94% 36.1 -2.17% 38.4 -11.93%
2017 43.3 - 36.9 - 43.6 -

The median age of the 07977 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 07977 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 24 21
10 to 19 73 +172.25% 94 +279.18% 157 192
20 to 29 17 +183.37% 20 +215% 61 53
30 to 39 21 -75.69% 4 +500.87% 7 15
40 to 49 30 +56.87% 83 7.48% 49 77
50 to 59 52 +36.62% 51 +24.08% 57 53
60 to 69 5 +577.62% 31 +124.81% 35 43
70+ 21 30.37% 25 -5.7% 20 21

Median Household Income

The latest median household income for the 07977 zip code is $0.00.

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.

The median household income for 07977 is not available and shows as $0. This is because there is no data from the latest ACS survey, and it can happen when the population is too small or the area too rural to get a representative sample.

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 07977.

The median income by age is not available for 07977.

Average Household Income

Whenever we ask what is the average household income in the 07977 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 07977, 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 07977 is currently $236,848.00.

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.

43.40% of households in 07977 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 07977 against other zip codes.

  • Less than $24,999
    0.00%
  • $25,000 to $49,999
    25.00%
  • $50,000 to $74,999
    2.36%
  • $75,000 to $99,999
    9.43%
  • $100,000 to $149,999
    17.45%
  • $150,000 to $199,999
    2.36%
  • $200,000 or more
    43.40%

Per Capita Income

The per capita income in 07977 is $57,960.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 07977 by the total population of 07977.

This is different from the average or mean income because it includes and accounts for all people living in the 07977 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 07977 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
    15.73%
  • Bachelor's degree
    44.51%
  • Some college or associate's degree
    0.00%
  • High school diploma or equivalent
    39.76%
  • Less than high school diploma
    0.00%

Employment

Employment rates are all based around the total population in 07977 that are over the age of 16.

Currently, the total population of the 07977 zip over the age of 16 is 678.

Of those people, a total of 50.60% 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 07977 is 49.70%.

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 07977 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 187 0.00% 0.00%
20 to 24 years 77 29.90% 0.00%
25 to 29 years 37 27.00% 0.00%
30 to 34 years 0 0.00% 0.00%
35 to 44 years 64 89.10% 0.00%
45 to 54 years 113 92.90% 0.00%
55 to 59 years 81 100.00% 7.40%
60 to 64 years 43 72.10% 0.00%
65 to 74 years 35 77.10% 0.00%
75 years and over 41 22.00% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 07977. 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 592 56.30% 1.80%
Black or African American 53 0.00% 0.00%
American Indian and Alaska Native 0 0.00% 0.00%
Asian 9 0.00% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 0 0.00% 0.00%
Two or more races 24 41.70% 0.00%
Hispanic or Latino 150 69.30% 0.00%
Not Hispanic or Latino 442 51.80% 2.60%

Occupations

In this section we can look at the most common occupations for people living in the 07977 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 07977 is 337, with median earnings of $52,450.00.

Women in 07977 are earning approximately 48.30% of the men's earnings.

Population Earnings
Total 337 $52,450.00
Male 151 $64,097.00
Female 186 $30,938.00

Occupations by Category

In the table below, we can break down the population and earnings for 07977 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 49 $250,001.00
Business and Financial 18 $174,000.00
Computer and Mathematical 17 $148,125.00
Architecture and Engineering 17 $0.00
Life, Physical, and Social Science 0 $0.00
Community and Social Service 0 $0.00
Legal 22 $0.00
Educational and Library 0 $0.00
Arts, Design, Entertainment, Sports, and Media 18 $0.00
Healthcare Practitioners 7 $0.00
Healthcare Support 15 $0.00
Firefighters and Protective Service 0 $0.00
Law Enforcement 0 $0.00
Food Preparation and Serving 4 $0.00
Building and Grounds Cleaning 20 $0.00
Personal Care and Service 8 $0.00
Sales 54 $107,262.00
Office and Administrative Support 60 $2,499.00
Farming, Fishing, and Forestry 0 $0.00
Construction and Extraction 5 $0.00
Installation, Maintenance, and Repair 5 $0.00
Production 0 $0.00
Transportation and Material Moving 18 $0.00

Occupations by Gender

Now we can also look at the occupations by category for 07977 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 07977.

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 29 $0.00 20 $0.00
Business and Financial 13 $0.00 5 $0.00
Computer and Mathematical 15 $106,875.00 2 $0.00
Architecture and Engineering 17 $0.00 0 $0.00
Life, Physical, and Social Science 0 $0.00 0 $0.00
Community and Social Service 0 $0.00 0 $0.00
Legal 0 $0.00 22 $0.00
Educational and Library 0 $0.00 0 $0.00
Arts, Design, Entertainment, Sports, and Media 0 $0.00 18 $0.00
Healthcare Practitioners 0 $0.00 7 $0.00
Healthcare Support 0 $0.00 15 $0.00
Firefighters and Protective Service 0 $0.00 0 $0.00
Law Enforcement 0 $0.00 0 $0.00
Food Preparation and Serving 4 $0.00 0 $0.00
Building and Grounds Cleaning 20 $0.00 0 $0.00
Personal Care and Service 0 $0.00 8 $0.00
Sales 25 $0.00 29 $118,188.00
Office and Administrative Support 0 $0.00 60 $2,499.00
Farming, Fishing, and Forestry 0 $0.00 0 $0.00
Construction and Extraction 5 $0.00 0 $0.00
Installation, Maintenance, and Repair 5 $0.00 0 $0.00
Production 0 $0.00 0 $0.00
Transportation and Material Moving 18 $0.00 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 212 households in 07977, with an average household size of 2.56 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 199 families living in the 07977 zip code with an average family size of 2.66 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 07977:

Married Male Female Nonfamily
Total Households 134 10 55 13
Average Household Size 3.02 2.4 1.84 0
Total Families 134 10 55 0
Average Household Size 3.02 2.4 1.84 0

Poverty

Of the 199 families living in 07977, 0.00% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 07977:

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 212 housing units in 07977.

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

Total Percentage
Occupied 212 100.00%
Vacant 0 0.00%

42.45% of the total 212 housing units in 07977 are rental units. This is approximately 90 properties.

For owner-occupied housing units, a total of 108 are occupied by the owner - or 50.94% of the total.

Rental Rates

The median rent for a property in 07977 is $1,808.00.

In the chart below, we can look at the number of rental properties in 07977 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
    14
  • Less than $500
    0
  • $500 to $999
    0
  • $1,000 to $1,499
    8
  • $1,500 to $1,999
    60
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    22
  • $3,000 or more
    0

Property Value

The median value of a property in 07977 is $659,100.00.

Just like with rental rates, we can look at the number of properties in 07977 that fall into a particular value range.

  • Less than $50,000
    20
  • $50,000 to $99,999
    0
  • $100,000 to $149,999
    0
  • $150,000 to $199,999
    0
  • $200,000 to $299,999
    0
  • $300,000 to $499,999
    27
  • $500,000 to $999,999
    28
  • $1,000,000 or more
    33

Property Age

We can also look at the age of properties in 07977. The chart below shows the number of properties in 07977 that fall into a particular age range.

  • 1939 or earlier
    94
  • 1940 to 1949
    0
  • 1950 to 1959
    7
  • 1960 to 1969
    0
  • 1970 to 1979
    20
  • 1980 to 1989
    22
  • 1990 to 1999
    64
  • 2000 to 2009
    5
  • 2010 to 2013
    0
  • 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 07977 that have a particular number of vehicles available.

  • No vehicles available
    0
  • 1 vehicle available
    9
  • 2 vehicles available
    113
  • 3 or more vehicles available
    90

Commuting to Work

In this section, we can also look at how people in 07977 get to work. The chart below shows the number of people in 07977 that commute to work in a particular way.

17.5 minutes is the average travel time to work for people in 07977.

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
    40
  • 5 to 9 minutes
    55
  • 10 to 14 minutes
    65
  • 15 to 19 minutes
    41
  • 20 to 24 minutes
    14
  • 25 to 29 minutes
    0
  • 30 to 34 minutes
    34
  • 35 to 39 minutes
    9
  • 40 to 44 minutes
    27
  • 45 to 59 minutes
    24
  • 60 to 89 minutes
    0
  • 90 or more minutes
    0

Summary

We've covered a LOT of demographic and population data for 07977 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 07977

If you want to see how the population and demographics of 07977 compare to other zip codes in New Jersey, check out the list of all New Jersey zip codes below: