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ZIP 07047 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle ClassLarge CommunityLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in undefined, NJ (07047)
Median Income
$75,505
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+3,939
Wealth inflow
Population
61,202
Unemployment
5.7%
2.0pp above US avg
IRS migration statistics show a net inflow of about 3,939 for ZIP 07047 (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 07047 (2020–Present)
Since 2020, population grew 0.0%, median income fell 3.8% (inflation-adjusted), home values increased 5.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $75,505 |
| Unemployment | 5.7% |
| Establishments | 1,234 |
| Employees | 15,597 |