07005 Compared to Surrounding Areas
Median Household Income
The median household income ($104,531) for 07005 is less than the median household income for 07866 ($115,263), 07045 ($155,565), 07405 ($117,077), 07834 ($143,481), 07046 ($225,069), Morris County ($117,298), Montville ($142,587), Boonton ($145,050), and Rockaway ($123,230). But it's more than 07054 ($98,178), 07082 ($91,063), 07034 ($80,370), Parsippany-Troy Hills ($99,367), and Boonton ($85,211).
| 07005 | $104,531 |
| Boonton | $145,050 |
| Montville | $142,587 |
| Parsippany-Troy Hills | $99,367 |
| Rockaway | $123,230 |
| Boonton | $85,211 |
| Morris County | $117,298 |
Average Household Income
The average household income ($138,199) for 07005 is less than the average household income for 07046 ($300,627), 07045 ($201,678), 07082 ($147,269), 07405 ($151,725), 07834 ($164,831), Morris County ($156,161), Montville ($177,573), Boonton ($199,006), and Rockaway ($143,886). But it's more than 07054 ($123,532), 07034 ($99,062), 07866 ($137,400), Parsippany-Troy Hills ($124,214), and Boonton ($108,643).
| 07005 | $138,199 |
| Boonton | $199,006 |
| Montville | $177,573 |
| Parsippany-Troy Hills | $124,214 |
| Rockaway | $143,886 |
| Boonton | $108,643 |
| Morris County | $156,161 |
Per-Capita Income
The per-capita income for 07005 is $52,693. The per capita income ($52,693) for 07005 is less than the per capita income for 07046 ($96,304), 07082 ($57,554), 07405 ($58,266), 07834 ($63,910), 07045 ($73,864), Morris County ($58,981), Boonton ($66,633), and Montville ($66,585). But it's more than 07054 ($48,445), 07034 ($40,809), 07866 ($51,138), Rockaway ($52,623), Parsippany-Troy Hills ($48,896), and Boonton ($43,216).
| 07005 | $52,693 |
| Boonton | $66,633 |
| Montville | $66,585 |
| Parsippany-Troy Hills | $48,896 |
| Rockaway | $52,623 |
| Boonton | $43,216 |
| Morris County | $58,981 |
High Income Households
% of households make over $200,000 a year. The percent high income households (21.8%) for 07005 is less than the percent high income households for 07045 (37.6%), 07405 (23.1%), 07834 (25.8%), 07046 (55.0%), Morris County (24.2%), Boonton (38.9%), and Montville (29.8%). But it's more than 07054 (17.2%), 07034 (7.8%), 07866 (19.7%), Rockaway (21.3%), Parsippany-Troy Hills (16.5%), and Boonton (13.2%).And it's the same as 07082 (21.8%).
| 07005 | 21.8% |
| Boonton | 38.9% |
| Montville | 29.8% |
| Parsippany-Troy Hills | 16.5% |
| Rockaway | 21.3% |
| Boonton | 13.2% |
| Morris County | 24.2% |
Median Household Income by Age of Householder
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 07005 | $85,357 | $113,456 | $135,806 | $61,889 |
| Boonton | $-1 | $250,001 | $167,813 | $105,250 |
| Montville | $-1 | $151,271 | $178,247 | $64,681 |
| Parsippany-Troy Hills | $76,233 | $101,395 | $123,082 | $65,867 |
| Rockaway | $-1 | $135,901 | $139,643 | $72,019 |
| Boonton | $85,357 | $95,473 | $115,057 | $45,179 |
| Morris County | $66,485 | $125,612 | $143,962 | $75,529 |
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