07040 Map

07040 Income Statistics

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07040 Compared to Surrounding Areas

Median Household Income

The median household income ($165,681) for 07040 is more than Essex County ($73,785). And it's the same as Maplewood township ($165,681).

07040$165,681
Maplewood township$165,681
Essex County$73,785

Average Household Income

The average household income ($221,030) for 07040 is more than Essex County ($122,134). And it's the same as Maplewood township ($221,030).

07040$221,030
Maplewood township$221,030
Essex County$122,134

Per-Capita Income

The per-capita income for 07040 is $74,936. The per capita income ($74,936) for 07040 is more than Essex County ($45,946). And it's the same as Maplewood township ($74,936).

07040$74,936
Maplewood township$74,936
Essex County$45,946

High Income Households

43.3% of households make over $200,000 a year. The percent high income households (43.3%) for 07040 is more than Essex County (16.2%) and Maplewood township (43.3%).

0704043.3%
Maplewood township43.3%
Essex County16.2%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07040$-1$214,698$183,044$105,000
Maplewood township$-1$214,698$183,044$105,000
Essex County$38,469$74,043$88,945$56,992

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
07040+/-$16,555+/-$15,340+/-$5,858+/-3.8%+/-$-1+/-$20,127+/-$30,283+/-$13,452
Maplewood township+/-$16,555+/-$15,340+/-$5,858+/-3.8%+/-$-1+/-$20,127+/-$30,283+/-$13,452
Essex County+/-$1,477+/-$2,020+/-$713+/-0.5%+/-$7,443+/-$2,592+/-$2,900+/-$3,206