07981 ZIP Code – Whippany, New Jersey

ZIP code 07981 is a mid-sized ZIP code located in Whippany, New Jersey, within Morris County with a population of approximately 8,938 residents. At $144,573, the median household income here runs above the New Jersey average and well above the U.S. average. At $604,900, median home values run well above the national average, with 87.4% owner-occupied housing (increasing). . Median rent is $2,620, which is well above the U.S. average. Housing consists of 84% single-family (increasing), 13% apartments (increasing).

The unemployment rate is 4.2%, below the national average. About 3.6% of residents live below the poverty line, well below the national rate. An estimated 55.0% of adults hold a bachelor's degree or higher, well above the national average. The median age is 49.4, near the national median. Neighboring ZIP codes include 07927, 07054, 07936.

ZIP Code 07981 Data

Population 8,938
Median Household Income $144,573
Median Home Value $604,900
Median Rent $2,620
Median Age 49.4
Unemployment Rate 4.2%
Poverty Rate 3.6%
Bachelor's Degree or Higher 55.0%
County Morris County
State New Jersey

ZIP 07981 vs. New Jersey vs. U.S.

MetricZIP 07981NJ Avg.U.S. Avg.
Population8,93815k10k
Median Household Income$144k$113k$73k
Median Home Value$604k$459k$258k
Median Rent$2,620$1,724$1,088
Median Age49.443.143.2
Unemployment Rate4.2%5.8%5.0%
Poverty Rate3.6%8.1%13.3%
Bachelor's Degree or Higher55.0%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
07927 CEDAR KNOLLS 4,181 $138,304
07054 PARSIPPANY 30,392 $105,434
07936 EAST HANOVER 11,102 $143,365
07961 CONVENT STATION 343 Not provided
07932 FLORHAM PARK 10,941 $140,602