Zip Code 07418 - Population, Income & Demographics

The median income of households in 07418 was $200,296. An estimated 0% of households had income below $10,000 a year and 51.8% had income of $200,000 or more.

An estimated 84.9% of households received earnings. An estimated 27.9% of households received Social Security and an estimated 27.2 % of households received retirement income other than Social Security. The average income from Social Security was $29,402. These income sources are not mutually exclusive; that is, some households received income from more than one source.

In 2019-2023, 1 % of people were in poverty. An estimated 0% of children under 18 were below the poverty level, compared with 4.8% of people 65 years old and over. An estimated 0.6% of people 18 to 64 years were below the poverty level.

In 2019-2023, 1.2 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 100% of households that received SNAP had children under 18, and 0% of households that received SNAP had one or more people 60 years and over. An estimated 0% of all households receiving SNAP were families with a female householder and no spouse present.

Among the civilian noninstitutionalized population in 07418 in 2019-2023, 98.2% had health insurance coverage and 1.8% did not have health insurance coverage. Private coverage was 84% and public coverage was 20.7%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 0%.

In 2019-2023, 07418 had a total population of 2,523 - 1,271 (50.4%) females and 1,252 (49.6%) males. The median age was 38 years. An estimated 25.1% of the population was under 18 years, 26.9% was 19 to 44 years, 29.8% was 45 to 64 years, and 13.3 % was 65 years and older.

In 2019-2023, there were 881 households in 07418. The average household size was 2.86 people.

Married-couple households made up 66.4% of the households in 07418 while cohabiting couple households made up 18.7% of households. Female householders with no spouse or partner present were 10.2% of all households, while 4.7% of households had male householders with no spouse or partner present. Some households had one person, as 0% of households were male householders living alone, and 5.8% were female householders living alone, for a total of 5.8% of all households.

In 07418, 42% of all households had one or more people under the age of 18; 27.8% of all households had one or more people 65 years and over.

In 2019-2023, an estimated 93.5% of the people living in 07418 were U.S. natives. 60.7% of the 07418 population were living in the state where they were born.

Approximately 6.5% of 07418 residents in 2019-2023 were foreign-born. 45.1% of foreign-born were naturalized U.S. citizens and an estimated 65.2 % entered the country before the year 2010.

Foreign-born residents of 07418 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2019-2023 for 07418.

Among people at least five years old living in 07418 in 2019-2023, 9.3 % spoke a language other than English at home. Spanish was spoken by 5.6% of people at least five years old; 2.3% reported that they did not speak English "very well."

In 2019-2023, 91.3 % of the people at least one year old living in 07418 were living in the same house one year earlier.

In 2019-2023, 97.1 % of people 25 years and over had at least graduated from high school and 49% had a bachelor's degree or higher. An estimated 3% did not complete high school.

The total school enrollment in 07418 was 705 in 2019-2023. Nursery school enrollment was 19 and kindergarten through 12th grade enrollment was 513. College or graduate school enrollment was 173.

In 07418, among the civilian noninstitutionalized population in 2019-2023, 3.5 % reported a disability. The likelihood of having a disability varied by age - from 0% of people under 18 years old, to 5.1% of people 18 to 64 years old, and to 2.7% of those 65 and over.

In 07418, 64.9 % of the population 16 and over were employed; 32.5% were not currently in the labor force.

An estimated 57.6% of the people employed were private wage and salary workers; 31.2% were federal, state, or local government workers; and 11.2 % were self-employed in their own (not incorporated) business.

In 2019-2023, the civilian employed population 16 years and older in 07418 worked in the following industries:

An estimated 72.7% of 07418 workers drove to work alone in 2019-2023, and 3.2% carpooled. Among those who commuted to work, it took them on average 38.3 minutes to get to work.

In 2019-2023, 07418 had a total of 881 housing units. Of these housing units, 100% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 0% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 0% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

0% of the housing inventory was comprised of houses built since 2010, while 1.6% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 07418 was 7.6 rooms, and of these housing units 97.1% had three or more bedrooms.

In 2019-2023, 07418 had 881 housing units that were occupied or had people living in them, while the remaining 0 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 99.3% while renters occupied 0.7%. The average household size of owner-occupied houses was 2.85 and in renter-occupied houses it was 5.

8.9% of householders of these occupied houses had moved into their house since 2021, while 19.6% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 3.3% and another 41.7% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 07418:

In 2019-2023, the median property value for owner-occupied houses in 07418 was $347,800.

Of the owner-occupied households, 74.6 % had a mortgage. 25.4% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $2,463 and for owners without a mortgage it was $1,067.

For renter-occupied houses, the median gross rent for 07418 was $NaN. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.