ZIP Code 07981 — Whippany CDP, NJ Demographics & Data

ZIP code 07981 covers Whippany, NJ in Morris County with a population of about 8,908.

At a glance, the area shows median age of 49.4 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.

Whippany, NJ ranks among higher-income / higher-home-value communities on US5 (very high median household income (~$153,329)). Searchers often dig into housing affordability stretch, private schools, and neighborhood comparisons rather than entry-level rentals.

Median household income in ZIP 07981 is about $153,329 — about 104% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 3.6%; unemployment rate near 4.2%; 55.0% of adults with a bachelor’s degree or higher (about 21.3 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Professional services, and Manufacturing; about 21.9% of workers reporting work-from-home (about 6.7 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 $611,300 — about 76% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $2,559 (about 120% above the U.S. median rent ($1,163)), and owner-occupancy near 88.9% (about 23.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 07981 in Whippany, NJ, a household would need roughly $168,000 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 $3,927. That is roughly in line with the local median household income ($153,329). 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 Whippany CDP, 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 Whippany CDP, NJ show little to no average snow and around 49.2 inches of annual precipitation.

IRS migration statistics show a net inflow of about 573 for ZIP 07981 (Whippany 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.