| ZIP Code | 07981 |
|---|---|
| City | Whippany |
| State | New Jersey (NJ) |
| County | Morris County |
| Area Code | 862/973 |
| Elevation | 250 ft |
| Latitude | 40.824413 |
|---|---|
| Longitude | -74.426241 |
| Timezone | New York (DST) |
| FIPS | 34027 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.4 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.38 |
| Below Poverty | 3.6% ▼ 64% below avg |
| College Grads | 61.4% ▲ 58% above avg |
| Unemployment | 4.2% ▼ 15% below avg |
| No HS Diploma | 26 (0.4%) |
| HS Graduate | 1,471 (23.8%) |
| Some College | 291 (4.7%) |
| Associates | 594 (9.6%) |
| Bachelors | 503 (8.2%) |
| Graduate Degree | 3,283 (53.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $153,329 ▲ 101% above avg ↑ 29% since 2019 |
|---|---|
| Median Home Value | $611,300 ▲ 119% above avg ↑ 20% since 2019 |
| Home/Income Ratio | 4.0x (nat avg ~3.5x) |
| Median Rent | $2,619/mo ↑ 39% since 2019 |
| Total Units | 3,723 |
| Vacant Units | 36 |
| Avg HH Size | 2.38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,723 |
|---|---|
| Vacant | 36 |
| Owner Occupied | 88.9% |
| Renter Occupied | 11.1% |
| Avg HH Size | 2.38 |
ZIP code 07981 is located in Whippany, New Jersey, within Morris County. With a population of 8,908, this is a lightly populated ZIP code with a mature community — the median age is 49.4 years. Economically, 07981 is a affluent ZIP code: the median household income of $153,329 is more than double the national average.
Real estate in ZIP code 07981 represents a premium housing market. The median home value of $611,300 is more than double the national average. Renters can expect to pay around $2,619 per month in median rent. Homeownership is strong here — 88.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 20% since 2019.
The population of 07981 is primarily White (71.17%). Residents are highly educated — 61.4% 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 29% since 2019.
The unemployment rate in 07981 stands at 4.2%, which is near the national average. About 22% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 70%.
Overall, ZIP code 07981 in Whippany, NJ is characterized as affluent, highly educated, a mature community, and predominantly owner-occupied. With 8,908 residents, a median household income of $153,329, and a median home value of $611,300, it offers a clear picture of life in this part of New Jersey.