| ZIP Code | 07016 |
|---|---|
| City | Cranford |
| State | New Jersey (NJ) |
| County | Union County |
| Area Code | 908 |
| Elevation | 79 ft |
| Latitude | 40.65755 |
|---|---|
| Longitude | -74.303632 |
| Timezone | New York (DST) |
| FIPS | 34039 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.9 yrs |
|---|---|
| Avg Household Size | 2.50 |
| Below Poverty | 2.7% ▼ 73% below avg |
| College Grads | 69.4% ▲ 79% above avg |
| Unemployment | 3.4% ▼ 31% below avg |
| No HS Diploma | 110 (0.7%) |
| HS Graduate | 2,976 (18.1%) |
| Some College | 819 (5%) |
| Associates | 1,111 (6.8%) |
| Bachelors | 700 (4.3%) |
| Graduate Degree | 10,696 (65.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $148,629 ▲ 95% above avg ↑ 15% since 2019 |
|---|---|
| Median Home Value | $635,800 ▲ 128% above avg ↑ 31% since 2019 |
| Home/Income Ratio | 4.3x (nat avg ~3.5x) |
| Median Rent | $2,116/mo ↑ 24% since 2019 |
| Total Units | 9,619 |
| Vacant Units | 209 |
| Avg HH Size | 2.50 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 9,619 |
|---|---|
| Vacant | 209 |
| Owner Occupied | 78.4% |
| Renter Occupied | 21.6% |
| Avg HH Size | 2.50 |
ZIP code 07016 is located in Cranford, New Jersey, within Union County. With a population of 23,841, this is a moderately populated ZIP code with a middle-aged community — the median age is 42.9 years. Economically, 07016 is a upper-middle-income ZIP code: the median household income of $148,629 is significantly above the national average.
Real estate in ZIP code 07016 represents a premium housing market. The median home value of $635,800 is more than double the national average. Renters can expect to pay around $2,116 per month in median rent. Homeownership is strong here — 78.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 31% since 2019.
The population of 07016 is primarily White (84.57%). Residents are highly educated — 69.4% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 2.7%. Household income has grown by 15% since 2019.
The unemployment rate in 07016 stands at 3.4%, which is below the national average. About 23% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 59%.
Overall, ZIP code 07016 in Cranford, NJ is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 23,841 residents, a median household income of $148,629, and a median home value of $635,800, it offers a clear picture of life in this part of New Jersey.