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07044 Income Statistics

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Comparison to Surrounding Areas

07044 Median Household Income

The median household income ($153,236) for 07044 is less than the median household income for 07021 ($247,000). But it's more than 07006 ($144,142), 07052 ($127,931), 07009 ($152,813), 07042 ($130,329), and Essex County ($73,785). And it's the same as Verona township ($153,236).

07044$153,236
Verona township$153,236
Essex County$73,785

07044 Average Household Income

The average household income ($193,183) for 07044 is less than the average household income for 07006 ($200,184), 07021 ($343,062), and 07042 ($197,309). But it's more than 07052 ($163,034), 07009 ($170,807), and Essex County ($122,134). And it's the same as Verona township ($193,183).

07044$193,183
Verona township$193,183
Essex County$122,134

07044 Per-Capita Income

The per-capita income for 07044 is $80,102. The per capita income ($80,102) for 07044 is less than the per capita income for 07021 ($113,678) and 07042 ($81,771). But it's more than 07006 ($76,101), 07052 ($60,079), 07009 ($62,963), and Essex County ($45,946). And it's the same as Verona township ($80,102).

07044$80,102
Verona township$80,102
Essex County$45,946

07044 High Income Households

35.6% of households make over $200,000 a year. The percent high income households (35.6%) for 07044 is more than 07052 (27.3%), 07021 (63.5%), 07042 (34.3%), 07006 (33.5%), 07009 (33.2%), Essex County (16.2%), and Verona township (35.6%).

0704435.6%
Verona township35.6%
Essex County16.2%

07044 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07044$-1$175,774$199,050$69,167
Verona township$-1$175,774$199,050$69,167
Essex County$38,469$74,043$88,945$56,992

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About the Data

Sources & Margins of Error

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 07044 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
under 25 25 to 44 45 to 64 65+
07044+/-$8,680+/-$21,577+/-$7,175+/-4.8%+/-$-1+/-$33,981+/-$35,479+/-$18,933
Verona township+/-$8,680+/-$21,577+/-$7,175+/-4.8%+/-$-1+/-$33,981+/-$35,479+/-$18,933
Essex County+/-$1,477+/-$2,020+/-$713+/-0.5%+/-$7,443+/-$2,592+/-$2,900+/-$3,206