07005 ZIP Code – Boonton, New Jersey
07005 is a ZIP code serving Boonton, New Jersey in Morris County with a population of approximately 15,106 residents. Residents earn a median household income of $120,783, which is near the New Jersey average and well above the national figure. Median home values of $552,300 are well above the national average, with 74.8% owner-occupied housing (increasing). , and the median rent of $1,699 is well above the national average. Housing consists of 76% single-family (decreasing), 6% apartments (decreasing), 18% duplex/multi-family.
The unemployment rate is 5.0%, near the national average. The poverty rate of 5.2% is well below the U.S. average. 55.6% of adults hold a bachelor's degree or higher, well above the U.S. average. At 42.0, the median age is near the national figure. ZIP codes in the surrounding area include 07046, 07045, 07082.
ZIP Code 07005 Data
See more demographics for:
ZIP 07005 vs. New Jersey vs. U.S.
| Metric | ZIP 07005 | NJ Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 15k | 15k | 10k |
| Median Household Income | $120k | $113k | $73k |
| Median Home Value | $552k | $459k | $258k |
| Median Rent | $1,699 | $1,724 | $1,088 |
| Median Age | 42.0 | 43.1 | 43.2 |
| Unemployment Rate | 5.0% | 5.8% | 5.0% |
| Poverty Rate | 5.2% | 8.1% | 13.3% |
| Bachelor's Degree or Higher | 55.6% | 44.1% | 26.9% |
Demographics Charts
Race & Ethnicity
Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 07046 – Mountain Lakes
- 07045 – Montville
- 07082 – Towaco
- 07034 – Lake Hiawatha
- 07866 – Rockaway
- 07405 – Butler
- 07842 – Hibernia
- 07834 – Denville
- 07878 – Mount Tabor
- 07054 – Parsippany
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 07046 | MOUNTAIN LAKES | 4,499 | $250,000+ |
| 07045 | MONTVILLE | 10,240 | $163,047 |
| 07082 | TOWACO | 5,612 | $153,977 |
| 07034 | LAKE HIAWATHA | 10,064 | $95,673 |
| 07866 | ROCKAWAY | 22,383 | $123,710 |