| ZIP Code | 07974 |
|---|---|
| City | New Providence |
| State | New Jersey (NJ) |
| County | Union County |
| Area Code | 908 |
| Elevation | 220 ft |
| Latitude | 40.696919 |
|---|---|
| Longitude | -74.403853 |
| Timezone | New York (DST) |
| FIPS | 34039 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.6 yrs ↑ 11% since 2019 |
|---|---|
| Avg Household Size | 2.68 |
| Below Poverty | 2.1% ▼ 79% below avg |
| College Grads | 74.2% ▲ 92% above avg |
| Unemployment | 4.4% ▼ 10% below avg |
| No HS Diploma | 139 (1.7%) |
| HS Graduate | 1,353 (16.6%) |
| Some College | 331 (4.1%) |
| Associates | 284 (3.5%) |
| Bachelors | 437 (5.3%) |
| Graduate Degree | 5,627 (68.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $168,860 ▲ 121% above avg ↑ 9% since 2019 |
|---|---|
| Median Home Value | $726,000 ▲ 160% above avg ↑ 19% since 2019 |
| Home/Income Ratio | 4.3x (nat avg ~3.5x) |
| Median Rent | $2,042/mo ↑ 16% since 2019 |
| Total Units | 4,995 |
| Vacant Units | 299 |
| Avg HH Size | 2.68 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,995 |
|---|---|
| Vacant | 299 |
| Owner Occupied | 82.8% |
| Renter Occupied | 17.2% |
| Avg HH Size | 2.68 |
ZIP code 07974 is located in New Providence, New Jersey, within Union County. With a population of 12,737, this is a lightly populated ZIP code with a middle-aged community — the median age is 44.6 years. Economically, 07974 is a affluent ZIP code: the median household income of $168,860 is more than double the national average.
Real estate in ZIP code 07974 represents a premium housing market. The median home value of $726,000 is more than double the national average. Renters can expect to pay around $2,042 per month in median rent. Homeownership is strong here — 82.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 19% since 2019.
The population of 07974 is majority White (68.57%). Residents are highly educated — 74.2% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 2.1%. Household income has grown by 9% since 2019.
The unemployment rate in 07974 stands at 4.4%, which is near the national average. A notably high share of workers — 27% — 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 58%.
Overall, ZIP code 07974 in New Providence, NJ is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 12,737 residents, a median household income of $168,860, and a median home value of $726,000, it offers a clear picture of life in this part of New Jersey.