07438 Income Statistics

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Comparison to Surrounding Areas

07438 Median Household Income

The median household income ($119,594) for 07438 is less than the median household income for 07871 ($167,443), 07435 ($143,191), Morris County ($134,929), and West Milford township ($123,930). But it's more than 07480 ($114,056), 07849 ($111,081), 07885 ($100,903), 07460 ($118,229), 07801 ($78,053), Passaic County ($87,137), and Jefferson township ($115,094).

07438	$119,594
Jefferson township	$115,094
West Milford township	$123,930
Passaic County	$87,137
Morris County	$134,929

07438 Average Household Income

The average household income ($138,232) for 07438 is less than the average household income for 07849 ($142,950), 07871 ($204,029), 07435 ($167,193), Morris County ($181,402), and West Milford township ($151,584). But it's more than 07460 ($130,484), 07480 ($137,407), 07801 ($101,016), 07885 ($123,059), Passaic County ($116,257), and Jefferson township ($137,985).

07438	$138,232
Jefferson township	$137,985
West Milford township	$151,584
Passaic County	$116,257
Morris County	$181,402

07438 Per-Capita Income

The per-capita income for 07438 is $53,898. The per capita income ($53,898) for 07438 is less than the per capita income for 07480 ($55,562), 07849 ($56,279), 07871 ($75,916), 07435 ($71,509), Morris County ($69,226), West Milford township ($60,258), and Jefferson township ($54,652). But it's more than 07460 ($51,837), 07801 ($35,912), 07885 ($50,663), and Passaic County ($40,241).

07438	$53,898
Jefferson township	$54,652
West Milford township	$60,258
Passaic County	$40,241
Morris County	$69,226

07438 High Income Households

22.7% of households make over $200,000 a year. The percent high income households (22.7%) for 07438 is less than the percent high income households for 07480 (22.8%), 07849 (22.8%), 07871 (39.9%), Morris County (31.2%), and West Milford township (26.6%). But it's more than 07460 (18.5%), 07801 (11.2%), 07885 (12.3%), 07435 (22.5%), Passaic County (15.8%), and Jefferson township (21.1%).

07438	22.7%
Jefferson township	21.1%
West Milford township	26.6%
Passaic County	15.8%
Morris County	31.2%

07438 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
07438	$-1	$145,942	$137,153	$47,500
Jefferson township	$-1	$145,425	$136,959	$58,588
West Milford township	$-1	$150,964	$144,820	$83,986
Passaic County	$47,500	$88,807	$103,408	$65,736
Morris County	$90,975	$148,209	$166,659	$87,105

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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 2023 5-year estimates. You can find this information and other demographics for 07438 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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
07438	+/-$13,246	+/-$17,527	+/-$4,341	+/-6.4%	+/-$-1	+/-$10,662	+/-$35,098	+/-$17,921
Jefferson township	+/-$12,264	+/-$11,827	+/-$3,268	+/-4.3%	+/-$-1	+/-$22,788	+/-$24,061	+/-$17,354
West Milford township	+/-$8,078	+/-$9,982	+/-$3,608	+/-4.0%	+/-$-1	+/-$21,956	+/-$19,225	+/-$7,371
Passaic County	+/-$1,969	+/-$2,178	+/-$737	+/-0.8%	+/-$14,657	+/-$2,852	+/-$3,231	+/-$2,019
Morris County	+/-$2,240	+/-$2,814	+/-$1,093	+/-0.8%	+/-$5,495	+/-$3,188	+/-$4,039	+/-$3,790