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ZIP Code 07940

Primary City:Madison, NJ (View All Cities)
County: Morris County
Timezone: Eastern (3:17am)
Coordinates:40.76, -74.42
ZIP (~2 mile radius)

Cities in ZIP code 07940

The cities below are at least partially located in ZIP code 07940. In addition to the primary city for a ZIP code, USPS also publishes a list of other acceptable cities that can be used with ZIP code 07940. However, if you are mailing something to ZIP code 07940, you should not use any of the cities listed as unacceptable. Choose from the primary or acceptable cities when mailing your package or letter.

Primary city:
Madison, NJ

Stats and Demographics for the 07940 ZIP Code

ZIP code 07940 is located in northeast New Jersey and covers a slightly less than average land area compared to other ZIP codes in the United States. It also has a slightly higher than average population density.

The people living in ZIP code 07940 are primarily white. The number of young adults is extremely large while the number of people in their late 20s to early 40s is large. There are also a small number of single parents and a slightly higher than average number of families. The percentage of children under 18 living in the 07940 ZIP code is slightly less than average compared to other areas of the country.

Population 17,278
Population Density 3,714 people per sq mi
Housing Units 5,805
Median Home Value $639,300
Land Area 4.65 sq mi
Water Area 0.02 sq mi
Occupied Housing Units 5,514
Median Household Income $110,145

Estimated Population over Time

Total Population by Age

Median Age: 34Male Median Age: 33Female Median Age: 36

Under 55-910-1415-1920-2425-2930-3435-3940-4445-4950-5455-5960-6465-6970-7475-7980-8485 Plus
Male485572563973927356381469638601552428317250187166159127
Female4575435121,1041,136338397528686631609458346303262252232333
Total9421,1151,0752,0772,0636947789971,3241,2321,161886663553449418391460

Gender

 Male 8,151 47%
 Female 9,127 53%
Gender

Race

 White 14,940 86.5%
 Black Or African American 608 3.5%
 American Indian Or Alaskan Native 21 0.1%
 Asian 905 5.2%
 Native Hawaiian & Other Pacific Islander 6 0.0%
 Other Race 402 2.3%
 Two Or More Races 396 2.3%
Race

Head of Household by Age

15-2425-3435-4445-5455-6465-7475-8485 Plus
Owner5178750977686490369165
Renter102399428345242112151115
Total1075771,1781,322928602520280

Families vs Singles

 Husband Wife Family Households 3,085 56%
 Single Guardian 610 11%
 Singles 1,501 27%
 Singles With Roommate 318 6%
Families vs Singles

Households with Kids

Average Household Size: 3
 Households without Kids 3,539 64%
 Households with Kids 1,975 36%
Households with Kids

Children by Age

1234567891011121314151617181920
Male9710692114107126121103115110117106125105101116111253392267
Female918110810592114101116120961029210811491111115359428362
Total188187200219199240222219235206219198233219192227226612820629

Real Estate and Housing

ZIP code 07940 has a small percentage of vacancies. The Census also indicates that there are one or more nursing homes and universities nearby.

The majority of household are owned or have a mortgage. Homes in ZIP code 07940 were primarily built in 1939 or earlier or the 1950s. Looking at 07940 real estate data, the median home value of $639,300 is extremely high compared to the rest of the country. It is also slightly higher than average compared to nearby ZIP codes. So you are less likely to find inexpensive homes in 07940. Rentals in 07940 are most commonly 2 bedrooms. The rent for 2 bedrooms is normally $1,000+/month including utilities. Prices for rental property include ZIP code 07940 apartments, townhouses, and homes that are primary residences.

Housing Type

 In Occupied Housing Units 14,204 82.2%
 Correctional Facility For Adults 0 0.0%
 Juvenile Facilities 0 0.0%
 Nursing Facilities 91 0.5%
 Other Institutional 0 0.0%
 College Student Housing 2,875 16.6%
 Military Quarters 0 0.0%
 Other Noninstitutional 108 0.6%
Housing Type

Year Housing was Built

Housing Occupancy

 Owned Households With A Mortgage 2,499 43%
 Owned Households Free & Clear 1,121 19%
 Renter Occupied Households 1,894 33%
 Households Vacant 291 5%
Housing Occupancy

Vacancy Reasons

 For Rent 110 37.8%
 Rented & Unoccupied 12 4.1%
 For Sale Only 32 11.0%
 Sold & Unoccupied 18 6.2%
 For Season Recreational Or Occasional Use 54 18.6%
 For Migrant Workers 2 0.7%
 Vacant For Other Reasons 63 21.6%
Vacancy Reasons

Owner Occupied Home Values

Rental Properties by Number of Rooms

 Studio Apartment 34 2%
 1 Bedroom 591 35%
 2 Bedroom 795 46%
 3+ Bedroom 292 17%
Rental Properties by Number of Rooms

Cost of Monthly Rent Including Utilities

Cost of a Studio Apartment

Cost of a 1 Bedroom

Cost of a 2 Bedroom

Cost of a 3+ Bedroom

Employment, Income, Earnings, and Work

The median household income of $110,145 is compared to the rest of the country. It is also compared to nearby ZIP codes. So 07940 is likely to be one of the nicer parts of town with a more affluent demographic.

As with most parts of the country, vehicles are the most common form of transportation to places of employment. ZIP code 07940 uses public transportation to get to work more than almost anywhere in the country. In most parts of the country, the majority of commuters get to work in under half an hour. Most commuters in 07940 can expect to fall in that range. It is much more common for employees to have to travel over 45 minutes to their place of employment than most parts of country which could indicate bad traffic or that people typically live far from where they work.

Employment Status

 Worked Full-time with Earnings 4,904 36%
 Worked Part-time with Earnings 4,573 34%
 No Earnings 4,150 30%
Employment Status

Average Household Income over Time

Household Income

Annual Individual Earnings

Sources of Household Income

Percent of Households Receiving Income

Average Income per Household by Income Source

* Only taxable income is reported.

Household Investment Income

Percent of Households Receiving Investment Income

Average Income per Household by Income Source

* Only taxable income is reported.

Household Retirement Income

Percent of Households Receiving Retirement Income

Average Income per Household by Income Source

* Only taxable income is reported.

Source of Earnings

 Worked Full-time with Earnings 4,904 36%
 Worked Part-time with Earnings 4,573 34%
 No Earnings 4,150 30%
Source of Earnings

Means Of Transportation To Work for Workers 16 and Over

 Car, truck, or van 5,473 70.6%
 Public transportation 887 11.4%
 Taxicab 18 0.2%
 Motorcycle 8 0.1%
 Bicycle, Walked, or Other Means 727 9.4%
 Worked at Home 635 8.2%
Means Of Transportation To Work for Workers 16 and Over

Travel Time to Work (In Minutes)

Schools and Education

The area has some of the highest percentages of people who attended college of any ZIP.

Educational Attainment For The Population 25 Years And Over

 Less than High School Diploma 251 5%
 High School Graduate 1,036 22%
 Associate's degree 191 4%
 Bachelor's degree 1,446 30%
 Master's degree 1,171 25%
 Professional school degree 345 7%
 Doctorate degree 337 7%
Educational Attainment For The Population 25 Years And Over

School Enrollment (Ages 3 to 17)

 Enrolled in Public School 2,218 67.3%
 Enrolled in Private School 931 28.2%
 Not Enrolled in School 149 4.5%
School Enrollment (Ages 3 to 17)

Schools in ZIP Code 07940

ZIP Code 07940 is in the Madison Public Schools. There are 9 different elementary schools and high schools with mailing addresses in ZIP code 07940.

Central Avenue School
50 Central Ave
Madison, NJ 07940
Grade Level: Primary/Elementary
District: Madison Public Schools
Kings Road School
215 Kings Rd
Madison, NJ 07940
Grade Level: Primary/Elementary
District: Madison Public Schools
Madison Junior School
160 Main St
Madison, NJ 07940
Grade Level: Middle/Elementary
District: Madison Public Schools
Torey J. Sabatini School
Glenwild Circle
Madison, NJ 07940
Grade Level: Primary/Elementary
District: Madison Public Schools
Madison High School
170 Ridgedale Ave
Madison, NJ 07940
Grade Level: High/Secondary
District: Madison Public Schools
St Vincent Martyr School
26 Green Village Rd
Madison, NJ 07940
Grade Level: Primary/Elementary
District: Private
Fm Kirby Childrens Center
54 East St
Madison, NJ 07940
Grade Level: Primary/Elementary
District: Private
Madison Montessori School
19 Green Ave
Madison, NJ 07940
Grade Level: Primary/Elementary
District: Private
Rainbow Montessori
33 Green Village Rd
Madison, NJ 07940
Grade Level: Primary/Elementary
District: Private

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