07045 ZIP Code – Montville, New Jersey

ZIP code 07045 is a mid-sized ZIP code located in Montville, New Jersey, within Morris County with a population of approximately 10,240 residents. Residents earn a median household income of $163,047, which is above the New Jersey average and well above the national figure. Homes in this ZIP code have a median value of $649,900, well above the national average, with 97.7% owner-occupied housing (increasing). , and the median rent of $2,250 is well above the national average. Housing consists of 89% single-family (decreasing), 9% apartments (increasing).

Unemployment stands at 4.2%, which is below the U.S. rate. The poverty rate of 2.9% is well below the U.S. average. An estimated 67.6% of adults hold a bachelor's degree or higher, well above the national average. The population has a median age of 48.6, near the national median. The surrounding area includes ZIP codes 07082, 07034, 07005.

ZIP Code 07045 Data

Population 10,240
Median Household Income $163,047
Median Home Value $649,900
Median Rent $2,250
Median Age 48.6
Unemployment Rate 4.2%
Poverty Rate 2.9%
Bachelor's Degree or Higher 67.6%
County Morris County
State New Jersey

ZIP 07045 vs. New Jersey vs. U.S.

MetricZIP 07045NJ Avg.U.S. Avg.
Population10k15k10k
Median Household Income$163k$113k$73k
Median Home Value$649k$459k$258k
Median Rent$2,250$1,724$1,088
Median Age48.643.143.2
Unemployment Rate4.2%5.8%5.0%
Poverty Rate2.9%8.1%13.3%
Bachelor's Degree or Higher67.6%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
07082 TOWACO 5,612 $153,977
07034 LAKE HIAWATHA 10,064 $95,673
07005 BOONTON 15,106 $120,783
07058 PINE BROOK 6,052 $152,422
07035 LINCOLN PARK 10,922 $112,579