Census ACS · ZIP Code Tabulation Area

07054 Income Statistics for 2026

Morris County, New Jersey

Median household income

$104,214

Median household income ($104,214) is lower than Morris County County ($146,308).

07054$104,214
Morris County County$146,308
07976$247,697
07970$250,001
07046$250,001
07945$250,001
07928$220,982

Average household income

$140,505

Average household income ($140,505) is lower than Morris County County ($188,665).

07054$140,505
Morris County County$188,665
07976$475,050
07970$395,776
07046$368,558
07945$321,621
07928$316,204

Per-capita income

$59,281

Per-capita income ($59,281) is lower than Morris County County ($70,913).

07054$59,281
Morris County County$70,913
07976$184,535
07970$107,221
07046$116,093
07945$117,181
07928$108,065

Households earning $100k+

52.9%

Households earning $100k+ (52.9%) is lower than Morris County County (65.0%).

0705452.9%
Morris County County65.0%
0797661.6%
07970100.0%
0704690.6%
0794581.3%
0792877.1%

All demographics

Population
29,480
Households
12,252
Median age
41.8 yrs
Median household income
$104,214
Mean household income
$140,505
Per capita income
$59,281
Median home value
$587,000
Median gross rent
$1,731
Owner-occupied housing
49.7%
Bachelor's degree or higher
61.4%
In labor force
69.3%
Poverty rate
6.4%
Households earning $100k+
52.9%
Population under 5
4.7%
Population age 18–34
21.7%
Population age 25–44
30.0%
Population age 45–64
26.2%
Population age 65+
19.7%
Hispanic or Latino
8.9%
Black (non-Hispanic)
3.9%
Asian (non-Hispanic)
43.3%
Unemployment rate
6.1%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/new-jersey/07054

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 07054 income statistics ($104,214 median)

ZIP Code Tabulation Area 07054 in New Jersey is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 07054 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 29,480 people live in this ZCTA. Median household income here ($104,214) is lower than Morris County County ($146,308). Operators sizing a local market often pair median income with mean income ($140,505) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·New Jersey·ZIP codes in Morris County