ZIP Code 07041
standardSource:
Millburn · Essex County · New Jersey
- Population
- 6,868
- Median income
- $202,750
- Median home value
- $961,700
- Bachelor's or higher
- 85.1%
- Land area
- 3.4 sq mi
1,995/sq mi
▲ 166% vs US
higher than 99% of US ZIPs
▲ 246% vs US
higher than 97% of US ZIPs
Median age 39.8
New York
ZIP code 07041 in Millburn, New Jersey has a population of 6,868. The median household income is $202,750, which is 166% above the national average. Median home value is $961,700, 246% above the US average. 85.1% of residents hold a bachelor's degree or higher.
ZIP code 07041 is classified by USPS as a standard delivery area and covers roughly 3.4 square miles in Millburn, Essex County, New Jersey. The area is home to 6,868 residents, producing a population density of 1,995 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 07041 against New Jersey and the nation.
On the economic side, the median household income for ZIP 07041 sits at $202,750 (66% above the New Jersey average), while per-capita income is $88,826. The poverty rate stands at 4.9% and the unemployment rate at 6.9%. On housing, the median home value is $961,700 (86% above the state average) with median rent at $1,961 per month, and 68.8% of occupied units are owner-occupied, a direct signal of whether 07041 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 85.1% of adults hold a bachelor's degree or higher, the median age is 39.8, and the average commute is 41 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Essex County, so you can benchmark 07041 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 07041
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 07041.
- Health care and social assistance
Health care and social assistance
88 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
69 establishments
- Other services (except public administration)
Other services (except public administration)
43 establishments
- Retail trade
Retail trade
40 establishments
- Accommodation and food services
Accommodation and food services
40 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
Who lives in ZIP 07041?
39.8
Median Age
50.3%
Male
49.7%
Female
35.8%
Foreign-Born
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
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
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
$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)
How have home values changed over time?
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 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
Related Areas
Frequently Asked Questions
What county is ZIP code 07041 in? ▼
What is the population of ZIP code 07041? ▼
What is the median household income in ZIP 07041? ▼
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What is the demographic makeup of ZIP 07041? ▼
How many businesses are in ZIP code 07041? ▼
What are the main industries in ZIP code 07041? ▼
How have home values changed in ZIP code 07041? ▼
What is the education level in ZIP code 07041? ▼
What is the average commute time in ZIP 07041? ▼
What percentage of residents own vs. rent in ZIP 07041? ▼
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ZIP Code Research Guides
Official Data Resources for Millburn, NJ
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.