07042 ZIP Code – Montclair, New Jersey

ZIP code 07042 is a large ZIP code located in Montclair, New Jersey, within Essex County with a population of approximately 26,945 residents. Residents earn a median household income of $130,329, which is near the New Jersey average and well above the national figure. The median home value of $673,900 is well above the national average, with 46.7% owner-occupied housing (decreasing). , and the median rent of $1,956 is well above the national average. Housing consists of 42% single-family (increasing), 34% apartments (increasing), 23% duplex/multi-family.

At 3.9%, the unemployment rate is below the national figure. The poverty rate of 8.5% is below the U.S. average. Bachelor's degree attainment is 67.1%, well above the national average. At 38.8, the median age is near the national figure. Neighboring ZIP codes include 07028, 07003, 07044.

ZIP Code 07042 Data

Population 26,945
Median Household Income $130,329
Median Home Value $673,900
Median Rent $1,956
Median Age 38.8
Unemployment Rate 3.9%
Poverty Rate 8.5%
Bachelor's Degree or Higher 67.1%
County Essex County
State New Jersey

ZIP 07042 vs. New Jersey vs. U.S.

MetricZIP 07042NJ Avg.U.S. Avg.
Population26k15k10k
Median Household Income$130k$113k$73k
Median Home Value$673k$459k$258k
Median Rent$1,956$1,724$1,088
Median Age38.843.143.2
Unemployment Rate3.9%5.8%5.0%
Poverty Rate8.5%8.1%13.3%
Bachelor's Degree or Higher67.1%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
07028 GLEN RIDGE 7,970 $239,192
07003 BLOOMFIELD 52,594 $92,223
07044 VERONA 14,438 $153,236
07043 MONTCLAIR 13,425 $231,214
07052 WEST ORANGE 48,399 $127,931