07043 Income Statistics

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Comparison to Surrounding Areas

07043 Median Household Income

The median household income ($231,214) for 07043 is less than the median household income for 07028 ($239,192). But it's more than 07042 ($130,329), 07003 ($92,223), 07424 ($106,107), 07009 ($152,813), 07013 ($113,991), Passaic County ($84,465), Essex County ($73,785), Montclair township ($158,765), and Clifton city ($94,179).

07043	$231,214
Montclair township	$158,765
Clifton city	$94,179
Essex County	$73,785
Passaic County	$84,465

07043 Average Household Income

The average household income ($304,084) for 07043 is less than the average household income for 07028 ($313,104). But it's more than 07042 ($197,309), 07003 ($118,876), 07424 ($130,333), 07009 ($170,807), 07013 ($141,133), Passaic County ($112,562), Essex County ($122,134), Montclair township ($227,380), and Clifton city ($117,119).

07043	$304,084
Montclair township	$227,380
Clifton city	$117,119
Essex County	$122,134
Passaic County	$112,562

07043 Per-Capita Income

The per-capita income for 07043 is $98,370. The per capita income ($98,370) for 07043 is less than the per capita income for 07028 ($100,754). But it's more than 07042 ($81,771), 07003 ($47,082), 07424 ($52,186), 07009 ($62,963), 07013 ($53,654), Passaic County ($38,932), Essex County ($45,946), Montclair township ($87,955), and Clifton city ($42,701).

07043	$98,370
Montclair township	$87,955
Clifton city	$42,701
Essex County	$45,946
Passaic County	$38,932

07043 High Income Households

56.0% of households make over $200,000 a year. The percent high income households (56.0%) for 07043 is more than 07042 (34.3%), 07028 (60.0%), 07424 (17.2%), 07009 (33.2%), 07013 (22.3%), 07003 (14.1%), Passaic County (14.7%), Essex County (16.2%), Montclair township (40.3%), and Clifton city (14.6%).

07043	56.0%
Montclair township	40.3%
Clifton city	14.6%
Essex County	16.2%
Passaic County	14.7%

07043 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
07043	$-1	$250,001	$228,563	$195,673
Montclair township	$-1	$132,438	$186,737	$129,792
Clifton city	$-1	$103,733	$104,624	$63,105
Essex County	$38,469	$74,043	$88,945	$56,992
Passaic County	$44,665	$85,773	$100,746	$62,989

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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 07043 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+
07043	+/-$26,065	+/-$20,173	+/-$7,224	+/-4.3%	+/-$-1	+/-$-1	+/-$33,200	+/-$44,457
Montclair township	+/-$11,562	+/-$11,231	+/-$4,421	+/-2.7%	+/-$-1	+/-$19,773	+/-$10,838	+/-$18,588
Clifton city	+/-$3,536	+/-$4,532	+/-$1,714	+/-2.0%	+/-$-1	+/-$8,188	+/-$6,211	+/-$4,513
Essex County	+/-$1,477	+/-$2,020	+/-$713	+/-0.5%	+/-$7,443	+/-$2,592	+/-$2,900	+/-$3,206
Passaic County	+/-$1,564	+/-$1,953	+/-$675	+/-0.7%	+/-$9,537	+/-$3,207	+/-$3,217	+/-$2,234