07016 Zip Code

April 26, 2024

Zip Code:	07016
City/Town:	Cranford
State:	New Jersey

Population:	22,625
Per Capita Income:	$40,179
Mean Household Income:	$108,278

Total Housing Units:	8,583
Median Home Value:	$233,600
Median Year Homes Built:	1949

Land Area:	4.8 sq miles 12.5 sq kilometers
Water Area:	0.0 sq miles 0.1 sq kilometers

Population Information (07016 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

22,625

Male:

10,825

47.8%

49.2%

Female:

11,800

52.2%

50.8%

Median Age:

42.8 yrs

37.2 yrs

Under 5 years:

1,285

5.7%

6.5%

5 to 9 years:

1,646

6.0%

6.6%

10 to 19 years:

2,925

12.9%

13.8%

20 to 29 years:

1,863

8.2%

13.8%

30 to 39 years:

2,580

11.4%

13.0%

40 to 49 years:

3,729

16.5%

14.2%

50 to 59 years:

3,474

15.4%

13.6%

60 to 69 years:

2,194

9.7%

9.4%

70 to 79 years:

1,451

6.4%

5.4%

80 years and over:

1,478

6.5%

3.7%

Housing Information (07016 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$233,600

$119,600

Median year homes build:

1949

1971

Median real estate taxes:

$5,037 / yr.

$1,334 / yr.

Median rent:

$792 / mo.

$519 / mo.

Total households:

8,583

Family households:

6,151

71.7%

66.4%

Nonfamily households:

2,432

28.3%

33.6%

Households with individuals under 18 years:

2,968

34.6%

33.4%

Households with individuals 65 years and over:

2,712

31.6%

24.9%

Average household size:

2.6

Average family size:

3.2

Total housing units:

8,816

Occupied housing units:

8,583

97.4%

88.6%

Vacant housing units:

233

2.6%

11.4%

For rent:

0.8%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

0.4%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.2%

3.5%

All other vacants:

0.8%

2.8%

Homeowner vacancy rate:

0.5%

2.4%

Rental vacancy rate:

4.3%

9.2%

Owner-occupied housing units:

6,994

Population in owner-occupied housing units:

19,450

Average household size of owner-occupied units:

2.8

2.65

Renter-occupied housing units:

1,589

Population in renter-occupied housing units:

2,917

Average household size of renter-occupied units:

1.8

2.44

Educational Attainment (07016 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

16,204

Less than 9th grade:

462

2.9%

6.2%

9th to 12th grade, no diploma:

914

5.6%

8.7%

High school graduate (includes equivalency):

4,355

26.9%

29.0%

Some college, no degree:

2,571

15.9%

20.6%

Associate degree:

939

5.8%

7.5%

Bachelor's degree:

4,368

27.0%

17.6%

Graduate or professional degree:

2,595

16.0%

10.3%

Percent high school graduate or higher:

91.5%

85.0%

Percent bachelor's degree or higher:

43.0%

27.9%

Income Information (07016 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

7,973

35.2%

50.4%

Median income:

$50,168 / yr.

$27,932 / yr.

Full-time, year-round workers:

4,894

21.6%

59.7%

Median income:

$61,930 / yr.

$38,349 / yr.

Females 15 years and over with income:

8,414

37.2%

49.6%

Median income:

$25,269 / yr.

$16,327 / yr.

Full-time, year-round workers:

3,153

13.9%

40.3%

Median income:

$42,467 / yr.

$28,135 / yr.

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