PlainZIP

Lake Hiawatha, NJ · standard

ZIP Code 07034

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

9,360
2,892/sq mi
$104,663
Median income
$428,600
Median home value
51.7%
Bachelor's or higher

The verdict

Lake Hiawatha pairs an upper-quartile household income with upper-quartile home values, in a suburban-density, mixed-tenure area.

Top 16%
household income, US ZIPs
Top 18%
home value, US ZIPs
2,892
people per sq mi
59%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07034 against every reporting US ZIP.

ZIP code 07034 is a mid-sized community (a standard USPS delivery area) in Lake Hiawatha, Morris County, New Jersey, home to 9,360 residents across 3.2 square miles, a density of 2,892 people per square mile, in the New York time zone.

ZIP 07034 lands in the middle-income range, with a median household income of $104,663 (14% below the New Jersey average), while per-capita income is $54,549. Poverty here runs at 3.3%, with unemployment measured at 3.0%. The typical home here is valued at $428,600 (17% below the state average); renters pay a median of $1,550 monthly, and 58.5% of units are owner-occupied.

This is a highly-educated ZIP: 51.7% of adults hold a bachelor's degree or higher, the median age is 38.9, and the average commute is 25 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 07034, plus 6 more within Morris County, give a clearer read than the 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 07034

Top 5 sectors by establishment count in Lake Hiawatha, NJ

Which industries have the most business establishments in ZIP 07034.

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 07034, Lake Hiawatha, 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

9,360

Population

3.2

Area (sq mi)

2,892

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 07034?

38.9

Median Age

50.5%

Male

49.5%

Female

37.8%

Foreign-Born

White 50.7%
African American 3.3%
Asian 35.4%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.0%
Hispanic or Latino 10.1%

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?

$104,663

Median Household Income

-14% vs state

$54,549

Per Capita Income

3.3%

Poverty Rate

3.0%

Unemployment Rate

25.0 min

Mean Commute Time

How ZIP 07034 ranks nationally

Lake Hiawatha, NJ household income vs. every US ZIP code

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

$104,663 Top 16% higher than 84% 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%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $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 71.8%
Bachelor's Degree or Higher 51.7%

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

What does housing look like?

4,559

Total Housing Units

4,510

Occupied Units

49

Vacant Units

2.44

Avg Household Size

Occupancy Type

Owner 58.5%
Renter 41.5%

$428,600

Median Home Value

-17% vs state

$1,550

Median Rent

1965

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

+9.8%

YoY Change (2024)

271

HPI Index (2000 = 100)

+171%

Total Change Since 2000

Home values in ZIP 07034 have increased 9.8% over the past year (2024). Since 2000, this ZIP has seen +171% cumulative appreciation.

Year Annual Change HPI Index
2020 -1.1% 182
2021 +10.9% 202
2022 +8.6% 220
2023 +12.3% 246
2024 +9.8% 271

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 127 business establishments in ZIP 07034, employing approximately 809 people with a combined annual payroll of $30,111,000.

127

Businesses

809

Employees

$30.1M

Annual Payroll

10

Industry Sectors

Industry Establishments % of Total
Construction 17 13.4%
Accommodation and food services 17 13.4%
Other services (except public administration) 17 13.4%
Retail trade 15 11.8%
Administrative and support and waste management and remediation services 13 10.2%
Professional, scientific, and technical services 12 9.4%
Transportation and warehousing 10 7.9%
Health care and social assistance 9 7.1%
Finance and insurance 5 3.9%
Real estate and rental and leasing 4 3.1%

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 07034 vs 07045 →

ZIP 07034 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 07034 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 07034 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 07034 ranks #null 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
07045 Montville, NJ 10,127 2.2 mi
07054 Parsippany, NJ 29,305 2.0 mi
07058 Pine Brook, NJ 5,372 2.1 mi
07046 Mountain Lakes, NJ 4,194 3.3 mi
07936 East Hanover, NJ 11,157 4.3 mi
07004 Fairfield, NJ 7,440 4.0 mi
07082 Towaco, NJ 5,384 3.7 mi
07005 Boonton, NJ 15,269 4.1 mi
07981 Whippany, NJ 8,865 4.5 mi
07878 Mount Tabor, NJ 934 5.1 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 Lake Hiawatha, NJ New Jersey

Frequently Asked Questions

What county is ZIP code 07034 in? ▼
ZIP code 07034 (Lake Hiawatha) 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 07034? ▼
ZIP code 07034 in Lake Hiawatha, NJ has a population of 9,360 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07034? ▼
The median household income in ZIP 07034 is $104,663, which is 37% above the national average of $76,288.
What is the average home value in ZIP 07034? ▼
The median home value in ZIP 07034 is $428,600, which is 54% above the national average of $278,155.
What is the demographic makeup of ZIP 07034? ▼
The largest racial group in ZIP 07034 is White at 50.7%. Hispanic or Latino residents make up 10.1% of the population.
How many businesses are in ZIP code 07034? ▼
ZIP code 07034 has 127 business establishments employing approximately 809 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07034? ▼
The top industries by establishment count in ZIP 07034 are: Construction (17), Accommodation and food services (17), Other services (except public administration) (17). There are 10 industry sectors represented in total.
How have home values changed in ZIP code 07034? ▼
According to the FHFA House Price Index, home values in ZIP 07034 increased by 9.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 171%. 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 07034? ▼
In ZIP code 07034, 71.8% of residents aged 25+ have a high school diploma or higher, and 51.7% 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 07034? ▼
The mean commute time for workers in ZIP code 07034 is 25.0 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 07034? ▼
In ZIP code 07034, approximately 58.5% of occupied housing units are owner-occupied and 41.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07034? ▼
The poverty rate in ZIP code 07034 is 3.3% 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.