07940 Income Statistics
Comparison to Surrounding Areas
07940 Median Household Income
The median household income ($172,708) for 07940 is less than the median household income for 07928 ($220,982) and Chatham township ($198,913). But it's more than 07932 ($156,458), 07935 ($106,979), 07960 ($160,334), 07961 ($-1), Morris County ($137,326), Florham Park borough ($158,696), and Madison borough ($171,471).
| 07940 | $172,708 |
| Chatham township | $198,913 |
| Florham Park borough | $158,696 |
| Madison borough | $171,471 |
| Morris County | $137,326 |
Get Median Household Income for all Zip Codes in New Jersey.
07940 Average Household Income
The average household income ($263,789) for 07940 is less than the average household income for 07928 ($316,204) and Chatham township ($332,512). But it's more than 07932 ($208,347), 07935 ($157,393), 07960 ($225,910), 07961 ($-1), Morris County ($186,467), Florham Park borough ($219,528), and Madison borough ($255,680).
| 07940 | $263,789 |
| Chatham township | $332,512 |
| Florham Park borough | $219,528 |
| Madison borough | $255,680 |
| Morris County | $186,467 |
Get Average Household Income for all Zip Codes in New Jersey.
07940 Per-Capita Income
The per-capita income for 07940 is $87,285. The per capita income ($87,285) for 07940 is less than the per capita income for 07928 ($108,065), 07960 ($90,631), Chatham township ($120,510), and Madison borough ($89,692). But it's more than 07932 ($82,177), 07935 ($65,569), 07961 ($7,982), Morris County ($71,044), and Florham Park borough ($78,037).
| 07940 | $87,285 |
| Chatham township | $120,510 |
| Florham Park borough | $78,037 |
| Madison borough | $89,692 |
| Morris County | $71,044 |
Get Per-Capita Income for all Zip Codes in New Jersey.
07940 High Income Households
42.7% of households make over $200,000 a year. The percent high income households (42.7%) for 07940 is less than the percent high income households for 07928 (53.7%) and Chatham township (49.7%). But it's more than 07932 (37.3%), 07935 (31.5%), 07960 (39.7%), 07961 (-1.0%), Morris County (32.3%), Florham Park borough (38.0%), and Madison borough (42.5%).
| 07940 | 42.7% |
| Chatham township | 49.7% |
| Florham Park borough | 38.0% |
| Madison borough | 42.5% |
| Morris County | 32.3% |
Get High Income Households for all Zip Codes in New Jersey.
07940 Median Household Income by Age of Householder
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 07940 | $2,499 | $205,270 | $203,689 | $95,556 |
| Chatham township | $-1 | $203,828 | $250,001 | $112,930 |
| Florham Park borough | $-1 | $144,906 | $205,050 | $115,950 |
| Madison borough | $2,499 | $205,368 | $203,415 | $93,854 |
| Morris County | $92,869 | $154,035 | $168,915 | $88,443 |
Get Median Household Income by Age of Householder for all Zip Codes in New Jersey.
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