07041 vs 07040: cost of living, income and home prices

ZIP 07041 (New Jersey) has a median household income of $199,602 and a typical home value of $941,800. ZIP 07040 (New Jersey) sits at $165,681 and $638,000.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Measure0704107040
Median household income$199,602$165,681
Median home value$941,800$638,000
Median gross rent$1,933$1,990
Median age39.4 yrs39.1 yrs
Homeownership rate69.0%77.0%
Bachelor's degree or higher35.9%36.1%

07041 vs 07040, side by side

Which ZIP wins?

  • Cheaper to buy in: 07040 — typical home value $638,000.
  • Higher household income: 07041$199,602.
  • Renting: 07041 has the lower median rent.

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Methodology

Both columns use ZIP Code Tabulation Area estimates from the same Census release, so the comparison is like for like.

We only publish comparisons where both areas have at least 5,000 residents, which keeps the margin of error usable.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.