Montclair, NJ 07042 ZIP Code Profile

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Montclair, NJ
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ZIP Code 07042: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Montclair, NJ 07042

  • ZIP Code Type: STANDARD
  • County: Essex County
  • Centroid: Latitude 40.813, Longitude -74.215
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 1,429
  • PO Box Addresses: 612
  • Residential Addresses: 10,990
    • Multi-Family Addresses: 3,411
    • Single Family Addresses: 7,579

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

Jump to... (On This Page!)
  1. 07042 2019 Demographic Data
  2. Growth Rates for 07042 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Montclair, NJ 07042 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Montclair, NJ 07042 Housing Affordability Index is 69
State of New Jersey Housing Affordability Index is 91
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Montclair, NJ 07042 Wealth Index is 179
State of New Jersey Wealth Index is 148
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the New Jersey COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 27,518
Population in Households 27,235
Population in Families 20,714
Population in Group Qrtrs 283
Population Density 7,184
Diversity Index1 69
 

INCOME

Median Household Income $103,143
Average Household Income $153,783
Per Capita Income $64,447
Wealth Index3 179

HOUSING

Total Housing Units 12,278 (100%)
Owner Occupied HU 5,322 (43.3%)
Renter Occupied HU 6,206 (50.5%)
Vacant Housing Units 750 ( 6.1%)
Median Home Value $613,153
Housing Affordability Index2 69
 

HOUSEHOLDS

Total Households 11,528
Average Household Size 2.36
Family Households 6,662
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.53% 0.49%
Households 0.54% 0.47%
Families 0.48% 0.45%
Median Household Income   2.8%
Per Capita Income   2.82%

Montclair, NJ 07042 - Peer Comparisons by Rank and Percentile

The table below compares 07042 to the other 582 ZIP Codes in New Jersey by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 109 81st
Population Density # 84 86th
Diversity Index # 124 79th
Median Household Income # 204 65th
Per Capita Income # 102 83rd

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.


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