07006 Income Statistics

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Comparison to Surrounding Areas

07006 Median Household Income

The median household income ($144,142) for 07006 is less than the median household income for 07021 ($247,000), 07009 ($152,813), 07044 ($153,236), 07470 ($147,740), West Caldwell township ($148,402), and North Caldwell borough ($215,000). But it's more than 07068 ($135,451), 07936 ($143,365), 07424 ($106,107), 07004 ($110,703), Essex County ($73,785), and Caldwell borough ($117,879).

07006	$144,142
West Caldwell township	$148,402
Caldwell borough	$117,879
North Caldwell borough	$215,000
Essex County	$73,785

07006 Average Household Income

The average household income ($200,184) for 07006 is less than the average household income for 07021 ($343,062) and North Caldwell borough ($304,168). But it's more than 07004 ($149,011), 07936 ($179,641), 07424 ($130,333), 07470 ($179,098), 07009 ($170,807), 07044 ($193,183), 07068 ($176,266), Essex County ($122,134), West Caldwell township ($189,973), and Caldwell borough ($148,610).

07006	$200,184
West Caldwell township	$189,973
Caldwell borough	$148,610
North Caldwell borough	$304,168
Essex County	$122,134

07006 Per-Capita Income

The per-capita income for 07006 is $76,101. The per capita income ($76,101) for 07006 is less than the per capita income for 07021 ($113,678), 07044 ($80,102), and North Caldwell borough ($101,872). But it's more than 07004 ($57,256), 07936 ($64,500), 07424 ($52,186), 07470 ($63,140), 07009 ($62,963), 07068 ($68,547), Essex County ($45,946), West Caldwell township ($73,372), and Caldwell borough ($60,262).

07006	$76,101
West Caldwell township	$73,372
Caldwell borough	$60,262
North Caldwell borough	$101,872
Essex County	$45,946

07006 High Income Households

33.5% of households make over $200,000 a year. The percent high income households (33.5%) for 07006 is more than 07004 (28.0%), 07068 (34.0%), 07936 (33.3%), 07424 (17.2%), 07470 (33.0%), 07021 (63.5%), 07009 (33.2%), 07044 (35.6%), Essex County (16.2%), West Caldwell township (31.5%), Caldwell borough (25.3%), and North Caldwell borough (50.7%).

07006	33.5%
West Caldwell township	31.5%
Caldwell borough	25.3%
North Caldwell borough	50.7%
Essex County	16.2%

07006 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
07006	$-1	$192,846	$170,909	$89,792
West Caldwell township	$-1	$169,167	$168,828	$84,896
Caldwell borough	$-1	$143,854	$136,306	$65,954
North Caldwell borough	$-1	$250,001	$250,001	$134,583
Essex County	$38,469	$74,043	$88,945	$56,992

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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 07006 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

	Median Household Income	Average Household Income	Per Capita Income	High Income Households	Median Household Income by Age of Householder
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
07006	+/-$6,408	+/-$12,654	+/-$4,976	+/-3.5%	+/-$-1	+/-$34,669	+/-$22,418	+/-$23,143
West Caldwell township	+/-$6,043	+/-$21,652	+/-$8,268	+/-4.7%	+/-$-1	+/-$48,401	+/-$32,198	+/-$25,002
Caldwell borough	+/-$20,454	+/-$12,977	+/-$5,296	+/-5.5%	+/-$-1	+/-$52,041	+/-$7,227	+/-$12,682
North Caldwell borough	+/-$82,743	+/-$43,902	+/-$14,283	+/-9.6%	+/-$-1	+/-$-1	+/-$-1	+/-$28,941
Essex County	+/-$1,477	+/-$2,020	+/-$713	+/-0.5%	+/-$7,443	+/-$2,592	+/-$2,900	+/-$3,206