07901 Income Statistics

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Comparison to Surrounding Areas

07901 Median Household Income

The median household income ($177,986) for 07901 is less than the median household income for 07092 ($210,100), 07078 ($250,001), 07922 ($179,006), 07928 ($236,000), Berkeley Heights township ($198,750), and Summit city ($199,107). But it's more than 07974 ($168,860), 07081 ($146,059), Union County ($100,117), and New Providence borough ($162,877).

07901	$177,986
Berkeley Heights township	$198,750
New Providence borough	$162,877
Summit city	$199,107
Union County	$100,117

07901 Average Household Income

The average household income ($295,449) for 07901 is less than the average household income for 07078 ($518,249), 07928 ($318,724), and Summit city ($304,408). But it's more than 07092 ($235,424), 07922 ($250,832), 07974 ($225,674), 07081 ($168,081), Union County ($145,621), New Providence borough ($220,669), and Berkeley Heights township ($251,882).

07901	$295,449
Berkeley Heights township	$251,882
New Providence borough	$220,669
Summit city	$304,408
Union County	$145,621

07901 Per-Capita Income

The per-capita income for 07901 is $108,961. The per capita income ($108,961) for 07901 is less than the per capita income for 07078 ($161,476), 07928 ($109,301), and Summit city ($110,417). But it's more than 07092 ($86,949), 07922 ($91,278), 07974 ($84,988), 07081 ($65,501), Union County ($51,850), New Providence borough ($86,023), and Berkeley Heights township ($90,794).

07901	$108,961
Berkeley Heights township	$90,794
New Providence borough	$86,023
Summit city	$110,417
Union County	$51,850

07901 High Income Households

48.4% of households make over $200,000 a year. The percent high income households (48.4%) for 07901 is less than the percent high income households for 07092 (53.3%), 07078 (77.3%), 07922 (48.7%), 07928 (56.3%), Berkeley Heights township (49.5%), and Summit city (49.9%). But it's more than 07974 (41.0%), 07081 (32.8%), Union County (21.4%), and New Providence borough (38.5%).

07901	48.4%
Berkeley Heights township	49.5%
New Providence borough	38.5%
Summit city	49.9%
Union County	21.4%

07901 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
07901	$-1	$171,548	$250,001	$98,393
Berkeley Heights township	$-1	$247,500	$224,009	$126,765
New Providence borough	$-1	$147,763	$238,340	$108,317
Summit city	$-1	$203,750	$250,001	$113,533
Union County	$63,091	$100,899	$120,995	$71,174

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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 07901 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+
07901	+/-$37,760	+/-$21,155	+/-$7,515	+/-4.0%	+/-$-1	+/-$40,882	+/-$-1	+/-$42,095
Berkeley Heights township	+/-$40,209	+/-$24,461	+/-$8,585	+/-5.5%	+/-$-1	+/-$37,831	+/-$38,122	+/-$15,703
New Providence borough	+/-$8,540	+/-$18,457	+/-$7,384	+/-4.5%	+/-$-1	+/-$45,303	+/-$26,979	+/-$25,585
Summit city	+/-$44,091	+/-$22,776	+/-$7,910	+/-4.2%	+/-$-1	+/-$89,395	+/-$-1	+/-$44,126
Union County	+/-$2,051	+/-$2,236	+/-$787	+/-0.6%	+/-$8,604	+/-$4,003	+/-$2,278	+/-$3,135