07045 Map

07045 Income Statistics

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Comparison to Surrounding Areas

07045 Median Household Income

The median household income ($179,279) for 07045 is less than the median household income for 07082 ($194,464). But it's more than 07058 ($147,207), 07004 ($113,750), 07005 ($126,411), 07034 ($101,500), Morris County ($134,929), and Montville township ($170,472).

07045$179,279
Montville township$170,472
Morris County$134,929

07045 Average Household Income

The average household income ($221,340) for 07045 is less than the average household income for 07082 ($242,702). But it's more than 07058 ($162,679), 07004 ($151,880), 07005 ($165,659), 07034 ($128,234), Morris County ($181,402), and Montville township ($212,609).

07045$221,340
Montville township$212,609
Morris County$181,402

07045 Per-Capita Income

The per-capita income for 07045 is $79,003. The per capita income ($79,003) for 07045 is less than the per capita income for 07082 ($91,031). But it's more than 07058 ($60,595), 07004 ($58,846), 07005 ($63,569), 07034 ($54,688), Morris County ($69,226), and Montville township ($77,854).

07045$79,003
Montville township$77,854
Morris County$69,226

07045 High Income Households

47.5% of households make over $200,000 a year. The percent high income households (47.5%) for 07045 is more than 07058 (25.7%), 07004 (26.1%), 07005 (28.6%), 07034 (15.6%), Morris County (31.2%), and Montville township (41.9%). And it's the same as 07082 (47.5%).

0704547.5%
Montville township41.9%
Morris County31.2%

07045 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07045$-1$225,650$220,733$86,736
Montville township$-1$180,746$213,750$108,657
Morris County$90,975$148,209$166,659$87,105

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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 2023 5-year estimates. You can find this information and other demographics for 07045 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
07045+/-$31,255+/-$20,642+/-$7,244+/-5.1%+/-$-1+/-$87,207+/-$31,671+/-$40,209
Montville township+/-$16,827+/-$14,880+/-$5,362+/-4.3%+/-$-1+/-$15,381+/-$26,332+/-$26,199
Morris County+/-$2,240+/-$2,814+/-$1,093+/-0.8%+/-$5,495+/-$3,188+/-$4,039+/-$3,790