| ZIP Code | 07078 |
|---|---|
| City | Short Hills |
| State | New Jersey (NJ) |
| County | Essex County |
| Area Code | 862/973 |
| Elevation | 375 ft |
| Latitude | 40.742264 |
|---|---|
| Longitude | -74.327574 |
| Timezone | New York (DST) |
| FIPS | 34013 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.0 yrs |
|---|---|
| Avg Household Size | 3.21 |
| Below Poverty | 3.3% ▼ 67% below avg |
| College Grads | 93.2% ▲ 140% above avg |
| Unemployment | 3.9% ▼ 21% below avg |
| HS Graduate | 279 (3.5%) |
| Some College | 103 (1.3%) |
| Associates | 158 (2%) |
| Bachelors | 297 (3.8%) |
| Graduate Degree | 7,075 (89.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $250,001 ▲ 228% above avg |
|---|---|
| Median Home Value | $1,627,300 ▲ 484% above avg ↑ 17% since 2019 |
| Home/Income Ratio | 6.5x (nat avg ~3.5x) |
| Median Rent | $3,363/mo ↑ 26% since 2019 |
| Total Units | 4,433 |
| Vacant Units | 13 |
| Avg HH Size | 3.21 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,433 |
|---|---|
| Vacant | 13 |
| Owner Occupied | 88.4% |
| Renter Occupied | 11.6% |
| Avg HH Size | 3.21 |
ZIP code 07078 is located in Short Hills, New Jersey, within Essex County. With a population of 14,183, this is a lightly populated ZIP code with a middle-aged community — the median age is 41 years. Economically, 07078 is a affluent ZIP code: the median household income of $250,001 is more than double the national average.
Real estate in ZIP code 07078 represents among the most expensive housing markets in the country. The median home value of $1,627,300 is more than double the national average. Renters can expect to pay around $3,363 per month in median rent. Homeownership is strong here — 88.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 17% since 2019.
The population of 07078 is majority White (50.93%). Residents are highly educated — 93.2% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects a relatively small share of residents at 3.3%.
The unemployment rate in 07078 stands at 3.9%, which is below the national average. A notably high share of workers — 36% — 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 34%.
Overall, ZIP code 07078 in Short Hills, NJ is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 14,183 residents, a median household income of $250,001, and a median home value of $1,627,300, it offers a clear picture of life in this part of New Jersey.