| ZIP Code | 07043 |
|---|---|
| City | Montclair |
| State | New Jersey (NJ) |
| County | Essex County |
| Area Code | 973 |
| Elevation | 329 ft |
| Latitude | 40.844837 |
|---|---|
| Longitude | -74.200502 |
| Timezone | New York (DST) |
| FIPS | 34013 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.8 yrs ↓ 2% since 2019 |
|---|---|
| Avg Household Size | 3.08 |
| Below Poverty | 1.6% ▼ 84% below avg |
| College Grads | 85.6% ▲ 121% above avg |
| Unemployment | 6.1% ▲ 25% above avg |
| No HS Diploma | 66 (0.8%) |
| HS Graduate | 275 (3.5%) |
| Some College | 151 (1.9%) |
| Associates | 629 (8.1%) |
| Bachelors | 181 (2.3%) |
| Graduate Degree | 6,499 (83.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $250,001 ▲ 228% above avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $948,300 ▲ 240% above avg ↑ 26% since 2019 |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $2,287/mo ↑ 14% since 2019 |
| Total Units | 4,499 |
| Vacant Units | 320 |
| Avg HH Size | 3.08 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,499 |
|---|---|
| Vacant | 320 |
| Owner Occupied | 86.2% |
| Renter Occupied | 13.8% |
| Avg HH Size | 3.08 |
ZIP code 07043 is located in Montclair, New Jersey, within Essex County. With a population of 13,502, this is a lightly populated ZIP code with a middle-aged community — the median age is 40.8 years. Economically, 07043 is a affluent ZIP code: the median household income of $250,001 is more than double the national average.
Real estate in ZIP code 07043 represents among the most expensive housing markets in the country. The median home value of $948,300 is more than double the national average. Renters can expect to pay around $2,287 per month in median rent. Homeownership is strong here — 86.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 26% since 2019.
The population of 07043 is primarily White (73.16%). Residents are highly educated — 85.6% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects a relatively small share of residents at 1.6%. Household income has grown by 22% since 2019.
The unemployment rate in 07043 stands at 6.1%, which is above the national average. A notably high share of workers — 39% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 36%.
Overall, ZIP code 07043 in Montclair, NJ is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 13,502 residents, a median household income of $250,001, and a median home value of $948,300, it offers a clear picture of life in this part of New Jersey.