| ZIP Code | 07885 |
|---|---|
| City | Wharton |
| State | New Jersey (NJ) |
| County | Morris County |
| Area Code | 973 |
| Elevation | 880 ft |
| Latitude | 40.910409 |
|---|---|
| Longitude | -74.599964 |
| Timezone | New York (DST) |
| FIPS | 34027 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.2 yrs |
|---|---|
| Avg Household Size | 2.49 |
| Below Poverty | 13.4% ▲ 34% above avg |
| College Grads | 45.5% ▲ 17% above avg |
| Unemployment | 4.1% ▼ 16% below avg |
| No HS Diploma | 113 (1.3%) |
| HS Graduate | 2,706 (32.3%) |
| Some College | 932 (11.1%) |
| Associates | 816 (9.7%) |
| Bachelors | 481 (5.7%) |
| Graduate Degree | 3,332 (39.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $100,903 ▲ 32% above avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $345,200 ▲ 24% above avg ↑ 16% since 2019 |
| Home/Income Ratio | 3.4x (nat avg ~3.5x) |
| Median Rent | $1,961/mo ↑ 17% since 2019 |
| Total Units | 4,947 |
| Vacant Units | 186 |
| Avg HH Size | 2.49 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,947 |
|---|---|
| Vacant | 186 |
| Owner Occupied | 62.3% |
| Renter Occupied | 37.7% |
| Avg HH Size | 2.49 |
ZIP code 07885 is located in Wharton, New Jersey, within Morris County. With a population of 11,864, this is a lightly populated ZIP code with a middle-aged community — the median age is 40.2 years. Economically, 07885 is a upper-middle-income ZIP code: the median household income of $100,903 is above the national average.
Real estate in ZIP code 07885 represents a mid-range housing market. The median home value of $345,200 is above the national average. Renters can expect to pay around $1,961 per month in median rent. Homeownership is strong here — 62.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 16% since 2019.
The population of 07885 is majority White (58.50%). Residents are well-educated — 45.5% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 13.4%. Household income has grown by 25% since 2019.
The unemployment rate in 07885 stands at 4.1%, which is below the national average. About 13% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 71%.
Overall, ZIP code 07885 in Wharton, NJ is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 11,864 residents, a median household income of $100,903, and a median home value of $345,200, it offers a clear picture of life in this part of New Jersey.