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 High-density area
- $202,750
- Median income Above-median income area
- $961,700
- Median home value Above-median home value
- 85.1%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 07041 (Millburn, NJ) rose +10.8% from 2023 to 2024. The all-transactions index moved from 279.5 in 2023 to 309.7 in 2024 (2000 = 100).
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 average New Jersey ZIP), while per-capita income is $88,826. The poverty rate is 4.9%, with unemployment at 6.9%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $961,700 (86% above the average New Jersey ZIP), while 68.8% of occupied homes are owner-occupied and median rent is $1,961.
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. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Essex County, so 07041 can be compared with both its immediate and county-level context.
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.
- 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 + 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
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 ZIP avg
$88,826
Per Capita Income
4.9%
Poverty Rate
6.9%
Unemployment Rate
40.6 min
Mean Commute Time
How ZIP 07041 ranks among New Jersey ZIPs
Millburn, NJ household income vs. every New Jersey ZIP code
Median household income among 565 reporting New Jersey ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$202,750 Top 9% higher than 91% of 565 New Jersey ZIPs
Each bar is a $20K-wide band; taller bars hold more New Jersey 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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
2,864housing units
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 ZIP avg
$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 07041 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 07111
Irvington (07111)
53,942 residents
- 07083
Union (07083)
53,053 residents
- 07040
Maplewood (07040)
23,876 residents
- 07901
Summit (07901)
22,806 residents
- 07016
Cranford (07016)
22,625 residents
- 07079 16,316
South Orange (07079)
16,316 residents
- 07081 15,808
Springfield (07081)
15,808 residents
- 07078 13,250
Short Hills (07078)
13,250 residents
- 07033 7,914
Kenilworth (07033)
7,914 residents
What this shows Among its immediate neighbors, ZIP 07041 ranks #0 by population - useful context the national average alone can't give.
ZIP 07041 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 07078
Short Hills (07078)
$250,000 median income
- 07041
Millburn (07041)
$202,750 median income
- 07079
South Orange (07079)
$195,417 median income
- 07901
Summit (07901)
$179,701 median income
- 07040
Maplewood (07040)
$173,500 median income
- 07016
Cranford (07016)
$155,972 median income
- 07081
Springfield (07081)
$155,906 median income
- 07083
Union (07083)
$121,887 median income
- 07033
Kenilworth (07033)
$118,611 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.
| 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 07041, both outside NJ so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (6,868 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Essex County
Related Areas
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.
Related
Take this with you
What to do with ZIP 07041's numbers, next.
- See how ZIP 07041 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Millburn, NJ ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.