Towaco, NJ 07082 ZIP Code Profile

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Towaco, NJ
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ZIP Code 07082: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Towaco, NJ 07082

  • ZIP Code Type: STANDARD
  • County: Morris County
  • Centroid: Latitude 40.927, Longitude -74.344
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 175
  • PO Box Addresses: 102
  • Residential Addresses: 1,912
    • Multi-Family Addresses: 0
    • Single Family Addresses: 1,912

The ZIP Code maps and database are updated 4 times per year.
Database updated: August 1, 2019, Maps updated: August 2, 2019.

Jump to... (On This Page!)
  1. 07082 2019 Demographic Data
  2. Growth Rates for 07082 (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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Towaco, NJ 07082 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Towaco, NJ 07082 Housing Affordability Index is 121
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

Towaco, NJ 07082 Wealth Index is 325
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 cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific New Jersey address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 5,711
Population in Households 5,679
Population in Familes 5,297
Population in Group Qrtrs 32
Population Density 822
Diversity Index1 38
 

INCOME

Median Household Income $151,188
Average Household Income $209,782
Per Capita Income $68,294
Wealth Index3 325

HOUSING

Total Housing Units 1,908 (100%)
Owner Occupied HU 1,708 (89.5%)
Renter Occupied HU 151 ( 7.9%)
Vacant Housing Units 49 ( 2.6%)
Median Home Value $623,554
Housing Affordability Index2 121
 

HOUSEHOLDS

Total Households 1,859
Average Household Size 3.05
Family Households 1,580
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 0.26% 0.18%
Households 0.17% 0.13%
Families 0.17% 0.14%
Median Household Income   1.27%
Per Capita Income   1.58%

Towaco, NJ 07082 - Peer Comparisons by Rank and Percentile

The table below compares 07082 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 # 405 31st
Population Density # 401 31st
Diversity Index # 367 37th
Median Household Income # 63 89th
Per Capita Income # 84 86th

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


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