ZIP Code 07043 — Upper Montclair CDP, NJ Demographics & Data

ZIP code 07043 covers Upper Montclair, NJ in Essex County with a population of about 13,502.

At a glance, the area shows median age of 40.8 versus a U.S. median of about 38.9.

It sits in telephone area codes 862, 973; U.S. House district NJ-11; the NEW YORK media market.

Upper Montclair, NJ sits in a university / college context (near universal technical institute-bloomfield (1.1 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 07043 is about $250,001 — about 233% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 1.7%; unemployment rate near 6.1%; 84.5% of adults with a bachelor’s degree or higher (about 50.8 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Professional services, Education, and Healthcare; about 38.6% of workers reporting work-from-home (about 23.4 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $948,300 — about 172% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $2,076 (about 79% above the U.S. median rent ($1,163)), and owner-occupancy near 86.2% (about 20.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 07043 in Upper Montclair, NJ, a household would need roughly $261,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $6,092. That is roughly in line with the local median household income ($250,001). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Upper Montclair CDP, NJ as Relatively High (composite score 97.7), which is among the highest nationally. The strongest component scores on US5 are flood (98.8) and hurricane (91.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Upper Montclair CDP, NJ show little to no average snow.

IRS migration statistics show a net inflow of about 869 for ZIP 07043 (Upper Montclair 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.