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.
- 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
$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
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?
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 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)
$250,001 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 |
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? ▼
What is the average home value in ZIP 07041? ▼
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? ▼
What is the poverty rate in ZIP code 07041? ▼
Read our methodology to see how this data is sourced, computed, and verified.