PlainZIP

Boonton, NJ · standard

ZIP Code 07005

Morris County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

15,269
314/sq mi
$132,629
Median income
$587,100
Median home value
57.1%
Bachelor's or higher

The verdict

Boonton pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.

Top 6%
household income, US ZIPs
Top 10%
home value, US ZIPs
314
people per sq mi
75%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07005 against every reporting US ZIP.

ZIP code 07005 is a mid-sized community (a standard USPS delivery area) in Boonton, Morris County, New Jersey, home to 15,269 residents across 48.7 square miles, a density of 314 people per square mile, in the New York time zone.

ZIP 07005 skews affluent, with a median household income of $132,629 (9% above the New Jersey average), while per-capita income is $65,082. Local economic indicators show a 5.5% poverty rate alongside 6.1% unemployment. Housing costs here run $587,100 for a typical home value (14% above the state average), with rent averaging $1,869 a month; 74.8% of homes are owner-occupied.

This is a highly-educated ZIP: 57.1% of adults hold a bachelor's degree or higher, the median age is 41.5, and the average commute is 24 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Morris County, so you can benchmark 07005 against its immediate geography rather than a national average alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 07005

Top 5 sectors by establishment count in Boonton, NJ

Which industries have the most business establishments in ZIP 07005.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 07005, Boonton, NJ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

15,269

Population

48.7

Area (sq mi)

314

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 07005?

41.5

Median Age

52.6%

Male

47.4%

Female

14.1%

Foreign-Born

White 75.6%
African American 3.2%
Asian 7.4%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 12.0%
Hispanic or Latino 11.6%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$132,629

Median Household Income

+9% vs state

$65,082

Per Capita Income

5.5%

Poverty Rate

6.1%

Unemployment Rate

24.4 min

Mean Commute Time

How ZIP 07005 ranks nationally

Boonton, NJ household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$132,629 Top 6% higher than 94% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). This entry sits in this band. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 77.2%
Bachelor's Degree or Higher 57.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

6,148

Total Housing Units

5,801

Occupied Units

347

Vacant Units

2.59

Avg Household Size

Occupancy Type

Owner 74.8%
Renter 25.2%

$587,100

Median Home Value

+14% vs state

$1,869

Median Rent

1960

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+9.4%

YoY Change (2024)

234

HPI Index (2000 = 100)

+134%

Total Change Since 2000

Home values in ZIP 07005 have increased 9.4% over the past year (2024). Since 2000, this ZIP has seen +134% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.1% 164
2021 +8.1% 177
2022 +10.3% 196
2023 +9.6% 214
2024 +9.4% 234

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 470 business establishments in ZIP 07005, employing approximately 4,141 people with a combined annual payroll of $260,361,000.

470

Businesses

4,141

Employees

$260.4M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 74 15.7%
Construction 62 13.2%
Other services (except public administration) 60 12.8%
Retail trade 43 9.2%
Accommodation and food services 41 8.7%
Administrative and support and waste management and remediation services 37 7.9%
Wholesale trade 36 7.7%
Manufacturing 24 5.1%
Health care and social assistance 22 4.7%
Finance and insurance 15 3.2%
Transportation and warehousing 14 3.0%
Real estate and rental and leasing 13 2.8%
Information 10 2.1%
Educational services 8 1.7%
Arts, entertainment, and recreation 5 1.1%
Management of companies and enterprises 3 0.6%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 07005 vs 07046 →

ZIP 07005 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 07005 ranks #5 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 07005 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 07005 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
07046 Mountain Lakes, NJ 4,194 2.9 mi
07045 Montville, NJ 10,127 3.1 mi
07082 Towaco, NJ 5,384 4.0 mi
07034 Lake Hiawatha, NJ 9,360 4.1 mi
07054 Parsippany, NJ 29,305 5.2 mi
07866 Rockaway, NJ 22,098 4.0 mi
07405 Butler, NJ 17,701 4.4 mi
07842 Hibernia, NJ 130 4.7 mi
07834 Denville, NJ 17,722 4.4 mi
07981 Whippany, NJ 8,865 7.4 mi

More ZIP Codes in Morris County

07960 standard
Morristown, NJ
Pop: 43,747
07054 standard
Parsippany, NJ
Pop: 29,305
07801 standard
Dover, NJ
Pop: 25,386
07869 standard
Randolph, NJ
Pop: 25,291
07866 standard
Rockaway, NJ
Pop: 22,098
07950 standard
Morris Plains, NJ
Pop: 19,564

Related Areas

Morris County Boonton, NJ New Jersey

Frequently Asked Questions

What county is ZIP code 07005 in? ▼
ZIP code 07005 (Boonton) is located in Morris County, New Jersey. Morris County contains multiple ZIP codes, see the full list at /counties/morris-nj.
What is the population of ZIP code 07005? ▼
ZIP code 07005 in Boonton, NJ has a population of 15,269 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07005? ▼
The median household income in ZIP 07005 is $132,629, which is 74% above the national average of $76,288.
What is the average home value in ZIP 07005? ▼
The median home value in ZIP 07005 is $587,100, which is 111% above the national average of $278,155.
What is the demographic makeup of ZIP 07005? ▼
The largest racial group in ZIP 07005 is White at 75.6%. Hispanic or Latino residents make up 11.6% of the population.
How many businesses are in ZIP code 07005? ▼
ZIP code 07005 has 470 business establishments employing approximately 4,141 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07005? ▼
The top industries by establishment count in ZIP 07005 are: Professional, scientific, and technical services (74), Construction (62), Other services (except public administration) (60). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 07005? ▼
According to the FHFA House Price Index, home values in ZIP 07005 increased by 9.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 134%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 07005? ▼
In ZIP code 07005, 77.2% of residents aged 25+ have a high school diploma or higher, and 57.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 07005? ▼
The mean commute time for workers in ZIP code 07005 is 24.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 07005? ▼
In ZIP code 07005, approximately 74.8% of occupied housing units are owner-occupied and 25.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07005? ▼
The poverty rate in ZIP code 07005 is 5.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.