07043 ZIP Code – Montclair, New Jersey

ZIP code 07043 is a mid-sized ZIP code located in Montclair, New Jersey, within Essex County with a population of approximately 13,425 residents. The median household income of $231,214 is well above the New Jersey average and well above the national average. The median home value of $883,400 is well above the national average, with 85.3% owner-occupied housing (increasing). . Median rent is $2,294, which is well above the U.S. average. Housing consists of 82% single-family (increasing), 10% apartments (increasing), 8% duplex/multi-family.

At 6.1%, the unemployment rate is above the national figure. About 1.7% of residents live below the poverty line, well below the national rate. 84.5% of adults hold a bachelor's degree or higher, well above the U.S. average. At 40.8, the median age is near the national figure. Nearby ZIP codes include 07009, 07012, 07013.

ZIP Code 07043 Data

Population 13,425
Median Household Income $231,214
Median Home Value $883,400
Median Rent $2,294
Median Age 40.8
Unemployment Rate 6.1%
Poverty Rate 1.7%
Bachelor's Degree or Higher 84.5%
County Essex County
State New Jersey

ZIP 07043 vs. New Jersey vs. U.S.

MetricZIP 07043NJ Avg.U.S. Avg.
Population13k15k10k
Median Household Income$231k$113k$73k
Median Home Value$883k$459k$258k
Median Rent$2,294$1,724$1,088
Median Age40.843.143.2
Unemployment Rate6.1%5.8%5.0%
Poverty Rate1.7%8.1%13.3%
Bachelor's Degree or Higher84.5%44.1%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
07009 CEDAR GROVE 13,225 $152,813
07012 CLIFTON 14,870 $94,615
07013 CLIFTON 29,725 $113,991
07042 MONTCLAIR 26,945 $130,329
07044 VERONA 14,438 $153,236