07840 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Warren County
Centroid: Latitude 40.856, Longitude -74.844
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 07840 has segments in 2 Counties (Morris, Warren).

Businesses Addresses: 1,197
PO Box Addresses: 227
Residential Addresses: 12,701

Multi-Family Addresses: 620
Single Family Addresses: 12,081

Foreclosures in NJ 07840

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Hackettstown, NJ 07840 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	31,349 (100%)
Population in Households	30,535 (97.4%)
Population in Families	24,962 (79.6%)
Population in Group Quarters¹	814 ( 2.6%)
Population Density	737
Diversity Index²	60


INCOME
Median Household Income	$93,802
Average Household Income	$130,981
% of Income for Mortgage⁴	19%
Per Capita Income	$51,600
Wealth Index⁵	135

HOUSING
Total HU (Housing Units)	13,062 (100%)
Owner Occupied HU	8,295 (63.5%)
Renter Occupied HU	4,114 (31.5%)
Vacant Housing Units	652 ( 5.0%)
Median Home Value	$341,215
Average Home Value	$373,194
Housing Affordability Index³	105

HOUSEHOLDS
Total Households	12,410
Average Household Size	2.46
Family Households	8,042
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
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 races 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.
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.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.

Hackettstown, NJ 07840 - Peer Comparisons by Rank and Percentile

The table below compares 07840 to the other 577 ZIP Codes in New Jersey by rank and percentile using July 1, 2022 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.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	-0.16%	-0.07%
Households	-0.08%	0.08%
Families		0.04%
Median Household Income		2.62%
Per Capita Income		3.03%
Owner Occupied HU		0.39%

Variable Description	Rank	Percentile
Total Population	# 88	85th
Population Density	# 410	29th
Median Household Income	# 350	40th
Housing Affordability Index	# 240	42nd
Per Capita Income	# 300	48th
Diversity Index	# 250	57th

07840 ZIP Code Profile, Map, Data & Demographics

ZIP Code 07840: Basic Data & USPS Preferred City Name

Hackettstown, NJ 07840 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hackettstown, NJ 07840 - Peer Comparisons by Rank and Percentile

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