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07974 Map

07974 Income Statistics

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Comparison to Surrounding Areas

07974 Median Household Income

The median household income ($170,386) for 07974 is less than the median household income for 07928 ($223,547), 07922 ($195,162), and Berkeley Heights township ($196,389). But it's more than 07901 ($170,275), Union County ($95,000), and New Providence borough ($167,188).

07974$170,386
New Providence borough$167,188
Berkeley Heights township$196,389
Union County$95,000

07974 Average Household Income

The average household income ($225,330) for 07974 is less than the average household income for 07928 ($318,123), 07901 ($284,609), 07922 ($254,302), and Berkeley Heights township ($254,820). But it's more than Union County ($139,183) and New Providence borough ($221,308).

07974$225,330
New Providence borough$221,308
Berkeley Heights township$254,820
Union County$139,183

07974 Per-Capita Income

The per-capita income for 07974 is $81,872. The per capita income ($81,872) for 07974 is less than the per capita income for 07928 ($110,232), 07901 ($103,877), 07922 ($89,492), New Providence borough ($83,403), and Berkeley Heights township ($89,178). But it's more than Union County ($49,666).

07974$81,872
New Providence borough$83,403
Berkeley Heights township$89,178
Union County$49,666

07974 High Income Households

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

0797441.4%
New Providence borough39.3%
Berkeley Heights township49.5%
Union County19.5%

07974 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07974$-1$202,028$225,855$115,536
New Providence borough$-1$158,821$228,643$112,591
Berkeley Heights township$-1$250,001$214,417$127,511
Union County$51,940$94,745$115,645$67,813

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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 07974 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+
07974+/-$15,733+/-$20,567+/-$8,141+/-5.0%+/-$-1+/-$33,197+/-$25,575+/-$23,417
New Providence borough+/-$12,360+/-$19,376+/-$7,852+/-4.6%+/-$-1+/-$43,391+/-$22,569+/-$36,097
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