Millburn, NJ · standard

ZIP Code 07041

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

6,868
1,995/sq mi
$202,750
Median income
$961,700
Median home value
85.1%
Bachelor's or higher

The verdict

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

Top 1%
household income, US ZIPs
Top 3%
home value, US ZIPs
1,995
people per sq mi
69%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07041 against every reporting US ZIP.

ZIP code 07041 is a mid-sized community (a standard USPS delivery area) in Millburn, Essex County, New Jersey, home to 6,868 residents across 3.4 square miles, a density of 1,995 people per square mile, in the New York time zone.

ZIP 07041 skews affluent, with a median household income of $202,750 (66% above the New Jersey average), while per-capita income is $88,826. 4.9% of residents live below the poverty line, and the unemployment rate reads 6.9%. Housing costs here run $961,700 for a typical home value (86% above the state average), with rent averaging $1,961 a month; 68.8% of homes are owner-occupied.

This is a highly-educated ZIP: 85.1% of adults hold a bachelor's degree or higher, the median age is 39.8, and the average commute is 41 minutes. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Essex County, letting you compare 07041 to its immediate surroundings rather than a national baseline 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 07041

Top 5 sectors by establishment count in Millburn, NJ

Which industries have the most business establishments in ZIP 07041.

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 07041, Millburn, 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

6,868

Population

3.4

Area (sq mi)

1,995

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 07041?

39.8

Median Age

50.3%

Male

49.7%

Female

35.8%

Foreign-Born

White 49.7%
African American 3.5%
Asian 31.6%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.6%
Hispanic or Latino 9.3%

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?

$202,750

Median Household Income

+66% vs state

$88,826

Per Capita Income

4.9%

Poverty Rate

6.9%

Unemployment Rate

40.6 min

Mean Commute Time

How ZIP 07041 ranks nationally

Millburn, NJ household income vs. every US ZIP code

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

$202,750 Top 1% higher than 99% 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%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). Below this entry. $160,000–$180,000: 364 US ZIPs (1%). Below this entry. $180,000–$200,000: 186 US ZIPs (1%). Below this entry. $200,000–$220,000: 324 US ZIPs (1%). This entry sits in this band. 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 90.0%
Bachelor's Degree or Higher 85.1%

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

What does housing look like?

2,864

Total Housing Units

2,637

Occupied Units

227

Vacant Units

2.85

Avg Household Size

Occupancy Type

Owner 68.8%
Renter 31.2%

$961,700

Median Home Value

+86% vs state

$1,961

Median Rent

1943

Median Year Built

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

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

+10.8%

YoY Change (2024)

310

HPI Index (2000 = 100)

+210%

Total Change Since 2000

Home values in ZIP 07041 have increased 10.8% over the past year (2024). Since 2000, this ZIP has seen +210% cumulative appreciation.

Year Annual Change HPI Index
2020 +0.6% 220
2021 +4.1% 229
2022 +7.5% 247
2023 +13.3% 279
2024 +10.8% 310

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 419 business establishments in ZIP 07041, employing approximately 4,166 people with a combined annual payroll of $243,261,000.

419

Businesses

4,166

Employees

$243.3M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 88 21.0%
Professional, scientific, and technical services 69 16.5%
Other services (except public administration) 43 10.3%
Retail trade 40 9.6%
Accommodation and food services 40 9.6%
Finance and insurance 33 7.9%
Real estate and rental and leasing 27 6.4%
Administrative and support and waste management and remediation services 15 3.6%
Arts, entertainment, and recreation 12 2.9%
Construction 11 2.6%
Educational services 11 2.6%
Information 8 1.9%
Manufacturing 7 1.7%
Wholesale trade 5 1.2%
Transportation and warehousing 5 1.2%
Management of companies and enterprises 3 0.7%

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 07041 vs 07088 →

ZIP 07041 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 07041 ranks #0 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 07041 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 07041 ranks #2 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
07088 Vauxhall, NJ 3,606 0.9 mi
07040 Maplewood, NJ 23,876 1.7 mi
07081 Springfield, NJ 15,808 2.1 mi
07078 Short Hills, NJ 13,250 2.2 mi
07033 Kenilworth, NJ 7,914 3.2 mi
07083 Union, NJ 53,053 2.6 mi
07079 South Orange, NJ 16,316 2.8 mi
07016 Cranford, NJ 22,625 4.6 mi
07111 Irvington, NJ 53,942 3.6 mi
07901 Summit, NJ 22,806 3.5 mi

More ZIP Codes in Essex County

Frequently Asked Questions

What county is ZIP code 07041 in?
ZIP code 07041 (Millburn) is located in Essex County, New Jersey. Essex County contains multiple ZIP codes, see the full list at /counties/essex-nj.
What is the population of ZIP code 07041?
ZIP code 07041 in Millburn, NJ has a population of 6,868 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07041?
The median household income in ZIP 07041 is $202,750, which is 166% above the national average of $76,288.
What is the average home value in ZIP 07041?
The median home value in ZIP 07041 is $961,700, which is 246% above the national average of $278,155.
What is the demographic makeup of ZIP 07041?
The largest racial group in ZIP 07041 is White at 49.7%. Hispanic or Latino residents make up 9.3% of the population.
How many businesses are in ZIP code 07041?
ZIP code 07041 has 419 business establishments employing approximately 4,166 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07041?
The top industries by establishment count in ZIP 07041 are: Health care and social assistance (88), Professional, scientific, and technical services (69), Other services (except public administration) (43). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 07041?
According to the FHFA House Price Index, home values in ZIP 07041 increased by 10.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 210%. 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 07041?
In ZIP code 07041, 90.0% of residents aged 25+ have a high school diploma or higher, and 85.1% 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 07041?
The mean commute time for workers in ZIP code 07041 is 40.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 07041?
In ZIP code 07041, approximately 68.8% of occupied housing units are owner-occupied and 31.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07041?
The poverty rate in ZIP code 07041 is 4.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.