07901 Income Statistics

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Comparison to Surrounding Areas

07901 Median Household Income

The median household income ($170,275) for 07901 is less than the median household income for 07974 ($170,386), 07922 ($195,162), 07928 ($223,547), 07078 ($250,001), Summit city ($176,702), and Berkeley Heights township ($196,389). But it's more than 07081 ($141,759), 07092 ($162,531), Union County ($95,000), and New Providence borough ($167,188).

07901	$170,275
New Providence borough	$167,188
Summit city	$176,702
Berkeley Heights township	$196,389
Union County	$95,000

07901 Average Household Income

The average household income ($284,609) for 07901 is less than the average household income for 07928 ($318,123), 07078 ($486,153), and Summit city ($291,509). But it's more than 07974 ($225,330), 07922 ($254,302), 07081 ($159,671), 07092 ($214,930), Union County ($139,183), New Providence borough ($221,308), and Berkeley Heights township ($254,820).

07901	$284,609
New Providence borough	$221,308
Summit city	$291,509
Berkeley Heights township	$254,820
Union County	$139,183

07901 Per-Capita Income

The per-capita income for 07901 is $103,877. The per capita income ($103,877) for 07901 is less than the per capita income for 07928 ($110,232), 07078 ($154,251), and Summit city ($104,469). But it's more than 07974 ($81,872), 07922 ($89,492), 07081 ($63,061), 07092 ($79,245), Union County ($49,666), New Providence borough ($83,403), and Berkeley Heights township ($89,178).

07901	$103,877
New Providence borough	$83,403
Summit city	$104,469
Berkeley Heights township	$89,178
Union County	$49,666

07901 High Income Households

46.1% of households make over $200,000 a year. The percent high income households (46.1%) for 07901 is more than 07092 (46.0%), 07922 (48.8%), 07928 (54.8%), 07078 (73.5%), 07081 (28.9%), 07974 (41.4%), Union County (19.5%), New Providence borough (39.3%), Summit city (47.2%), and Berkeley Heights township (49.5%).

07901	46.1%
New Providence borough	39.3%
Summit city	47.2%
Berkeley Heights township	49.5%
Union County	19.5%

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	$175,353	$225,894	$115,032
New Providence borough	$-1	$158,821	$228,643	$112,591
Summit city	$-1	$220,833	$225,401	$116,538
Berkeley Heights township	$-1	$250,001	$214,417	$127,511
Union County	$51,940	$94,745	$115,645	$67,813

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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 07901 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+
07901	+/-$20,023	+/-$20,656	+/-$7,012	+/-4.2%	+/-$-1	+/-$59,062	+/-$36,876	+/-$25,670
New Providence borough	+/-$12,360	+/-$19,376	+/-$7,852	+/-4.6%	+/-$-1	+/-$43,391	+/-$22,569	+/-$36,097
Summit city	+/-$30,723	+/-$22,112	+/-$7,359	+/-4.6%	+/-$-1	+/-$70,468	+/-$41,625	+/-$22,892
Berkeley Heights township	+/-$27,009	+/-$27,952	+/-$10,527	+/-6.4%	+/-$-1	+/-$-1	+/-$56,615	+/-$16,641
Union County	+/-$2,210	+/-$2,402	+/-$854	+/-0.6%	+/-$9,216	+/-$4,007	+/-$2,295	+/-$2,628