| ZIP Code | 07901 |
|---|---|
| City | Summit |
| State | New Jersey (NJ) |
| County | Union County |
| Area Code | 908 |
| Elevation | 377 ft |
| Latitude | 40.714923 |
|---|---|
| Longitude | -74.366372 |
| Timezone | New York (DST) |
| FIPS | 34039 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.5 yrs |
|---|---|
| Avg Household Size | 2.70 |
| Below Poverty | 3.6% ▼ 64% below avg |
| College Grads | 76.7% ▲ 98% above avg |
| Unemployment | 4.0% ▼ 18% below avg |
| No HS Diploma | 88 (0.6%) |
| HS Graduate | 1,589 (10.1%) |
| Some College | 804 (5.1%) |
| Associates | 1,185 (7.5%) |
| Bachelors | 641 (4.1%) |
| Graduate Degree | 11,393 (72.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $177,986 ▲ 133% above avg ↑ 15% since 2019 |
|---|---|
| Median Home Value | $958,700 ▲ 244% above avg ↑ 10% since 2019 |
| Home/Income Ratio | 5.4x (nat avg ~3.5x) |
| Median Rent | $2,209/mo ↑ 19% since 2019 |
| Total Units | 9,477 |
| Vacant Units | 473 |
| Avg HH Size | 2.70 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 9,477 |
|---|---|
| Vacant | 473 |
| Owner Occupied | 69.0% |
| Renter Occupied | 31.0% |
| Avg HH Size | 2.70 |
ZIP code 07901 is located in Summit, New Jersey, within Union County. With a population of 24,502, this is a moderately populated ZIP code with a middle-aged community — the median age is 40.5 years. Economically, 07901 is a affluent ZIP code: the median household income of $177,986 is more than double the national average.
Real estate in ZIP code 07901 represents among the most expensive housing markets in the country. The median home value of $958,700 is more than double the national average. Renters can expect to pay around $2,209 per month in median rent. Homeownership is strong here — 69.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 10% since 2019.
The population of 07901 is majority White (66.33%). Residents are highly educated — 76.7% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 3.6%. Household income has grown by 15% since 2019.
The unemployment rate in 07901 stands at 4.0%, which is below the national average. About 21% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 47%.
Overall, ZIP code 07901 in Summit, NJ is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 24,502 residents, a median household income of $177,986, and a median home value of $958,700, it offers a clear picture of life in this part of New Jersey.