07043 Map

07043 Income Statistics

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07043 Compared to Surrounding Areas

Median Household Income

The median household income ($231,214) for 07043 is more than Essex County ($73,785), Passaic County ($84,465), Montclair township ($158,765), and Clifton city ($94,179).

07043$231,214
Montclair township$158,765
Clifton city$94,179
Essex County$73,785
Passaic County$84,465

Average Household Income

The average household income ($304,084) for 07043 is more than Essex County ($122,134), Passaic County ($112,562), Montclair township ($227,380), and Clifton city ($117,119).

07043$304,084
Montclair township$227,380
Clifton city$117,119
Essex County$122,134
Passaic County$112,562

Per-Capita Income

The per-capita income for 07043 is $98,370. The per capita income ($98,370) for 07043 is more than Essex County ($45,946), Passaic County ($38,932), Montclair township ($87,955), and Clifton city ($42,701).

07043$98,370
Montclair township$87,955
Clifton city$42,701
Essex County$45,946
Passaic County$38,932

High Income Households

56.0% of households make over $200,000 a year. The percent high income households (56.0%) for 07043 is more than Essex County (16.2%), Passaic County (14.7%), Montclair township (40.3%), and Clifton city (14.6%).

0704356.0%
Montclair township40.3%
Clifton city14.6%
Essex County16.2%
Passaic County14.7%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07043$-1$250,001$228,563$195,673
Montclair township$-1$132,438$186,737$129,792
Clifton city$-1$103,733$104,624$63,105
Essex County$38,469$74,043$88,945$56,992
Passaic County$44,665$85,773$100,746$62,989

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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+
07043+/-$26,065+/-$20,173+/-$7,224+/-4.3%+/-$-1+/-$-1+/-$33,200+/-$44,457
Montclair township+/-$11,562+/-$11,231+/-$4,421+/-2.7%+/-$-1+/-$19,773+/-$10,838+/-$18,588
Clifton city+/-$3,536+/-$4,532+/-$1,714+/-2.0%+/-$-1+/-$8,188+/-$6,211+/-$4,513
Essex County+/-$1,477+/-$2,020+/-$713+/-0.5%+/-$7,443+/-$2,592+/-$2,900+/-$3,206
Passaic County+/-$1,564+/-$1,953+/-$675+/-0.7%+/-$9,537+/-$3,207+/-$3,217+/-$2,234