07042 Zip Code

April 20, 2024

Zip Code:	07042
City/Town:	Montclair
State:	New Jersey

Population:	25,599
Per Capita Income:	$46,095
Mean Household Income:	$114,790

Total Housing Units:	10,696
Median Home Value:	$271,600
Median Year Homes Built:	1940

Land Area:	3.8 sq miles 9.8 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (07042 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

25,599

Male:

11,858

46.3%

49.2%

Female:

13,741

53.7%

50.8%

Median Age:

38.8 yrs

37.2 yrs

Under 5 years:

1,386

5.4%

6.5%

5 to 9 years:

1,722

6.3%

6.6%

10 to 19 years:

3,446

13.5%

13.8%

20 to 29 years:

2,972

11.6%

13.8%

30 to 39 years:

3,720

14.5%

13.0%

40 to 49 years:

4,295

16.8%

14.2%

50 to 59 years:

3,846

15.0%

13.6%

60 to 69 years:

2,172

8.5%

9.4%

70 to 79 years:

1,120

4.4%

5.4%

80 years and over:

920

3.6%

3.7%

Housing Information (07042 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$271,600

$119,600

Median year homes build:

1940

1971

Median real estate taxes:

$8,354 / yr.

$1,334 / yr.

Median rent:

$794 / mo.

$519 / mo.

Total households:

10,696

Family households:

6,201

58.0%

66.4%

Nonfamily households:

4,495

42.0%

33.6%

Households with individuals under 18 years:

3,500

32.7%

33.4%

Households with individuals 65 years and over:

2,179

20.4%

24.9%

Average household size:

2.4

Average family size:

3.1

Total housing units:

11,372

Occupied housing units:

10,696

94.1%

88.6%

Vacant housing units:

676

5.9%

11.4%

For rent:

375

3.3%

3.1%

Rented, not occupied:

0.2%

For sale only:

0.7%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.3%

3.5%

All other vacants:

140

1.2%

2.8%

Homeowner vacancy rate:

1.5%

2.4%

Rental vacancy rate:

6.1%

9.2%

Owner-occupied housing units:

4,943

Population in owner-occupied housing units:

13,995

Average household size of owner-occupied units:

2.8

2.65

Renter-occupied housing units:

5,753

Population in renter-occupied housing units:

11,315

Average household size of renter-occupied units:

2.0

2.44

Educational Attainment (07042 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

18,558

Less than 9th grade:

702

3.8%

6.2%

9th to 12th grade, no diploma:

1,227

6.6%

8.7%

High school graduate (includes equivalency):

3,561

19.2%

29.0%

Some college, no degree:

2,902

15.6%

20.6%

Associate degree:

889

4.8%

7.5%

Bachelor's degree:

5,071

27.3%

17.6%

Graduate or professional degree:

4,206

22.7%

10.3%

Percent high school graduate or higher:

89.6%

85.0%

Percent bachelor's degree or higher:

50.0%

27.9%

Income Information (07042 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:

8,761

34.2%

50.4%

Median income:

$40,123 / yr.

$27,932 / yr.

Full-time, year-round workers:

5,078

19.8%

59.7%

Median income:

$53,083 / yr.

$38,349 / yr.

Females 15 years and over with income:

10,233

40.0%

49.6%

Median income:

$29,237 / yr.

$16,327 / yr.

Full-time, year-round workers:

4,476

17.5%

40.3%

Median income:

$41,281 / yr.

$28,135 / yr.

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