ZIP Code 07885 — Wharton borough, NJ Demographics & Data

ZIP code 07885 covers Wharton, NJ in Morris County with a population of about 11,864.

At a glance, the area shows median age of 40.2 (near the U.S. median).

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

Median household income in ZIP 07885 is about $100,903 — about 34% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 13.3%; unemployment rate near 4.1%; 38.4% of adults with a bachelor’s degree or higher (about 4.7 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Retail trade; about 13.5% of workers reporting work-from-home (about 1.7 points below 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 $345,200 — about even with the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,785 (about 53% above the U.S. median rent ($1,163)), and owner-occupancy near 62.3% (about 3.1 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 07885 in Wharton, NJ, a household would need roughly $95,000 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 $2,217. That is roughly in line with the local median household income ($100,903). 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 Wharton borough, NJ as Relatively Moderate (composite score 92.9), which is among the highest nationally. The strongest component scores on US5 are flood (96.3) and hurricane (85.2). 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 Wharton borough, NJ show little to no average snow and around 48.8 inches of annual precipitation.

IRS migration statistics show a net inflow of about 764 for ZIP 07885 (Wharton borough, 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.