07405 vs 07403: cost of living, income and home prices

ZIP 07405 (New Jersey) has a median household income of $125,896 and a typical home value of $521,900. ZIP 07403 (New Jersey) sits at $125,865 and $364,200.

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

Measure0740507403
Median household income$125,896$125,865
Median home value$521,900$364,200
Median gross rent$1,563$1,795
Median age42.3 yrs44.1 yrs
Homeownership rate80.0%65.6%
Bachelor's degree or higher38.3%23.1%

07405 vs 07403, side by side

Which ZIP wins?

  • Cheaper to buy in: 07403 — typical home value $364,200.
  • Higher household income: 07405$125,896.
  • Renting: 07405 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.