07950 ZIP Code – Morris Plains, New Jersey
Located in Morris Plains, New Jersey, ZIP code 07950 is a large ZIP code within Morris County with a population of approximately 21,738 residents. At $146,903, the median household income here runs above the New Jersey average and well above the U.S. average. Homes in this ZIP code have a median value of $556,400, well above the national average, with 75.3% owner-occupied housing (decreasing). , with median rent coming in at $2,516 — well above the national figure. Housing consists of 72% single-family (decreasing), 25% apartments (increasing).
The unemployment rate is 5.4%, near the national average. The poverty rate of 2.9% is well below the U.S. average. About 65.2% of residents have completed a four-year degree, well above the national rate. At 45.1, the median age is near the national figure. ZIP codes in the surrounding area include 07878, 07927, 07834.
ZIP Code 07950 Data
See more demographics for:
ZIP 07950 vs. New Jersey vs. U.S.
| Metric | ZIP 07950 | NJ Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 21k | 15k | 10k |
| Median Household Income | $146k | $113k | $73k |
| Median Home Value | $556k | $459k | $258k |
| Median Rent | $2,516 | $1,724 | $1,088 |
| Median Age | 45.1 | 43.1 | 43.2 |
| Unemployment Rate | 5.4% | 5.8% | 5.0% |
| Poverty Rate | 2.9% | 8.1% | 13.3% |
| Bachelor's Degree or Higher | 65.2% | 44.1% | 26.9% |
Demographics Charts
Race & Ethnicity
Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 07878 – Mount Tabor
- 07927 – Cedar Knolls
- 07834 – Denville
- 07981 – Whippany
- 07046 – Mountain Lakes
- 07054 – Parsippany
- 07960 – Morristown
- 07961 – Convent Station
- 07869 – Randolph
- 07970 – Mount Freedom
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 07878 | MOUNT TABOR | 740 | $99,684 |
| 07927 | CEDAR KNOLLS | 4,181 | $138,304 |
| 07834 | DENVILLE | 18,048 | $155,356 |
| 07981 | WHIPPANY | 8,938 | $144,573 |
| 07046 | MOUNTAIN LAKES | 4,499 | $250,000+ |