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ZIP 07111 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLarge CommunityLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in undefined, NJ (07111)
Median Income
$59,232
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+3,884
Wealth inflow
Population
60,334
Unemployment
8.6%
4.9pp above US avg
IRS migration statistics show a net inflow of about 3,884 for ZIP 07111 (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 07111 (2020–Present)
Since 2020, population grew 11.3%, median income rose 12.1% (inflation-adjusted), home values increased 16.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $59,232 |
| Unemployment | 8.6% |
| Establishments | 753 |
| Employees | 6,294 |