07034 ZIP Code – Lake Hiawatha, New Jersey

07034 is a ZIP code serving Lake Hiawatha, New Jersey in Morris County with a population of approximately 10,064 residents. The median household income is $95,673 — below the New Jersey average and above the national average. Median home values of $390,400 are well above the national average, with 58.5% owner-occupied housing (decreasing). . Median rent is $1,402, which is above the U.S. average. Housing consists of 57% single-family (decreasing), 37% apartments (increasing), 6% duplex/multi-family.

The unemployment rate is 2.4%, well below the national average. An estimated 2.7% of the population falls below the poverty line, well below the national figure. About 51.0% of residents have completed a four-year degree, well above the national rate. Residents have a median age of 40.3, near the U.S. median. Neighboring ZIP codes include 07045, 07054, 07058.

ZIP Code 07034 Data

Population 10,064
Median Household Income $95,673
Median Home Value $390,400
Median Rent $1,402
Median Age 40.3
Unemployment Rate 2.4%
Poverty Rate 2.7%
Bachelor's Degree or Higher 51.0%
County Morris County
State New Jersey

ZIP 07034 vs. New Jersey vs. U.S.

MetricZIP 07034NJ Avg.U.S. Avg.
Population10k15k10k
Median Household Income$95k$113k$73k
Median Home Value$390k$459k$258k
Median Rent$1,402$1,724$1,088
Median Age40.343.143.2
Unemployment Rate2.4%5.8%5.0%
Poverty Rate2.7%8.1%13.3%
Bachelor's Degree or Higher51.0%44.1%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
07045 MONTVILLE 10,240 $163,047
07054 PARSIPPANY 30,392 $105,434
07058 PINE BROOK 6,052 $152,422
07046 MOUNTAIN LAKES 4,499 $250,000+
07082 TOWACO 5,612 $153,977