| ZIP Code | 07405 |
|---|---|
| City | Butler |
| State | New Jersey (NJ) |
| County | Morris County |
| Area Code | 862/973 |
| Elevation | 817 ft |
| Latitude | 40.987841 |
|---|---|
| Longitude | -74.378188 |
| Timezone | New York (DST) |
| FIPS | 34027 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.9 yrs ↓ 5% since 2019 |
|---|---|
| Avg Household Size | 2.62 |
| Below Poverty | 5.4% ▼ 47% below avg |
| College Grads | 63.4% ▲ 64% above avg |
| Unemployment | 7.0% ▲ 43% above avg |
| No HS Diploma | 101 (0.8%) |
| HS Graduate | 2,382 (19.7%) |
| Some College | 944 (7.8%) |
| Associates | 1,006 (8.3%) |
| Bachelors | 762 (6.3%) |
| Graduate Degree | 6,923 (57.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $127,500 ▲ 67% above avg ↑ 9% since 2019 |
|---|---|
| Median Home Value | $552,500 ▲ 98% above avg ↑ 22% since 2019 |
| Home/Income Ratio | 4.3x (nat avg ~3.5x) |
| Median Rent | $1,526/mo ↑ 8% since 2019 |
| Total Units | 6,990 |
| Vacant Units | 190 |
| Avg HH Size | 2.62 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 6,990 |
|---|---|
| Vacant | 190 |
| Owner Occupied | 79.8% |
| Renter Occupied | 20.2% |
| Avg HH Size | 2.62 |
ZIP code 07405 is located in Butler, New Jersey, within Morris County. With a population of 17,859, this is a moderately populated ZIP code with a middle-aged community — the median age is 41.9 years. Economically, 07405 is a upper-middle-income ZIP code: the median household income of $127,500 is significantly above the national average.
Real estate in ZIP code 07405 represents a premium housing market. The median home value of $552,500 is significantly above the national average. Renters can expect to pay around $1,526 per month in median rent. Homeownership is strong here — 79.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 22% since 2019.
The population of 07405 is primarily White (77.22%). Residents are highly educated — 63.4% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 5.4%. Household income has grown by 9% since 2019.
The unemployment rate in 07405 stands at 7.0%, which is above the national average. About 18% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 70%.
Overall, ZIP code 07405 in Butler, NJ is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 17,859 residents, a median household income of $127,500, and a median home value of $552,500, it offers a clear picture of life in this part of New Jersey.