07079 Income Statistics

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07079 Compared to Surrounding Areas

Median Household Income

The median household income ($158,333) for 07079 is less than the median household income for South Orange Village township ($160,366). But it's more than 07018 ($53,926), 07040 ($156,477), 07050 ($48,504), 07052 ($118,326), 07106 ($43,288), and Essex County ($67,826).

07079$158,333
South Orange Village township$160,366
Essex County$67,826

Average Household Income

The average household income ($223,739) for 07079 is less than the average household income for South Orange Village township ($225,936). But it's more than 07018 ($68,209), 07040 ($205,365), 07050 ($64,690), 07052 ($152,409), 07106 ($63,263), and Essex County ($112,403).

07079$223,739
South Orange Village township$225,936
Essex County$112,403

Per-Capita Income

The per-capita income for 07079 is $68,916. The per capita income ($68,916) for 07079 is less than the per capita income for South Orange Village township ($70,073). But it's more than 07018 ($27,683), 07040 ($68,571), 07050 ($25,567), 07052 ($55,406), 07106 ($25,054), and Essex County ($42,028).

07079$68,916
South Orange Village township$70,073
Essex County$42,028

High Income Households

37.5% of households make over $200,000 a year. The percent high income households (37.5%) for 07079 is less than the percent high income households for 07040 (40.3%) and South Orange Village township (38.0%). But it's more than 07018 (4.1%), 07050 (3.6%), 07052 (25.9%), 07106 (3.3%), and Essex County (14.6%).

0707937.5%
South Orange Village township38.0%
Essex County14.6%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07079$-1$188,281$178,882$107,768
South Orange Village township$-1$189,438$183,618$108,929
Essex County$36,140$66,610$81,450$53,596

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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 2021 5-year estimates. These values are in 2021 inflation-adjusted dollars and were downloaded on 8 Dec 2022.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2021 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+
07079+/-$8,811+/-$16,458+/-$4,957+/-3.9%+/-$-1+/-$20,432+/-$24,892+/-$32,879
South Orange Village township+/-$10,056+/-$16,522+/-$5,060+/-4.0%+/-$-1+/-$21,849+/-$26,066+/-$32,124
Essex County+/-$1,553+/-$1,679+/-$580+/-0.4%+/-$2,415+/-$2,783+/-$2,902+/-$2,931