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Short Hills CDP, NJ
ZIP 07041 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
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Income, employment, industries, and economic trends
Income & Economy in Short Hills CDP, NJ (07041)
Median Income
$220,923
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+490
Wealth inflow
Population
7,610
Unemployment
6.3%
2.6pp above US avg
IRS migration statistics show a net inflow of about 490 for ZIP 07041 (Short Hills CDP, NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 07041 (2020–Present)
Since 2020, population grew 10.9%, median income rose 16.9% (inflation-adjusted), home values decreased 4.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $220,923 |
| Unemployment | 6.3% |
| Establishments | 419 |
| Employees | 4,166 |