ZIP Code 07045
standardSource:
Montville · Morris County · New Jersey
- Population
- 10,127
- Median income
- $185,078
- Median home value
- $669,400
- Bachelor's or higher
- 70.1%
- Land area
- 18.3 sq mi
553/sq mi
▲ 143% vs US
higher than 99% of US ZIPs
▲ 141% vs US
higher than 93% of US ZIPs
Median age 48.7
New York
ZIP code 07045 in Montville, New Jersey has a population of 10,127. The median household income is $185,078, which is 143% above the national average. Median home value is $669,400, 141% above the US average. 70.1% of residents hold a bachelor's degree or higher.
ZIP code 07045 is classified by USPS as a standard delivery area and covers roughly 18.3 square miles in Montville, Morris County, New Jersey. The area is home to 10,127 residents, producing a population density of 553 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 07045 against New Jersey and the nation.
On the economic side, the median household income for ZIP 07045 sits at $185,078 (52% above the New Jersey average), while per-capita income is $82,818. The poverty rate stands at 2.7% and the unemployment rate at 4.8%. On housing, the median home value is $669,400 (30% above the state average) with median rent at $2,846 per month, and 97.7% of occupied units are owner-occupied, a direct signal of whether 07045 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 70.1% of adults hold a bachelor's degree or higher, the median age is 48.7, and the average commute is 34 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Morris County, so you can benchmark 07045 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 07045
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 07045.
- Professional, scientific, and technical services
Professional, scientific, and technical services
65 establishments
- Health care and social assistance
Health care and social assistance
53 establishments
- Construction
Construction
43 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
26 establishments
- Wholesale trade 22
Wholesale trade
22 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 07045, Montville, 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
10,127
Population
18.3
Area (sq mi)
553
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 07045?
48.7
Median Age
47.4%
Male
52.6%
Female
25.9%
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?
$185,078
Median Household Income
+52% vs state
$82,818
Per Capita Income
2.7%
Poverty Rate
4.8%
Unemployment Rate
34.3 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?
3,952
Total Housing Units
3,825
Occupied Units
127
Vacant Units
2.74
Avg Household Size
Occupancy Type
$669,400
Median Home Value
+30% vs state
$2,846
Median Rent
1984
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
+8.6%
YoY Change (2024)
210
HPI Index (2000 = 100)
+110%
Total Change Since 2000
Home values in ZIP 07045 have increased 8.6% over the past year (2024). Since 2000, this ZIP has seen +110% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.7% | 153 |
| 2021 | +6.9% | 163 |
| 2022 | +14.7% | 187 |
| 2023 | +3.3% | 193 |
| 2024 | +8.6% | 210 |
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 336 business establishments in ZIP 07045, employing approximately 3,084 people with a combined annual payroll of $208,431,000.
336
Businesses
3,084
Employees
$208.4M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 65 | 19.4% |
| Health care and social assistance | 53 | 15.8% |
| Construction | 43 | 12.8% |
| Real estate and rental and leasing | 26 | 7.7% |
| Wholesale trade | 22 | 6.5% |
| Administrative and support and waste management and remediation services | 21 | 6.3% |
| Other services (except public administration) | 20 | 6.0% |
| Finance and insurance | 18 | 5.4% |
| Retail trade | 17 | 5.1% |
| Accommodation and food services | 17 | 5.1% |
| Manufacturing | 8 | 2.4% |
| Arts, entertainment, and recreation | 8 | 2.4% |
| Transportation and warehousing | 6 | 1.8% |
| Educational services | 5 | 1.5% |
| Information | 4 | 1.2% |
| Management of companies and enterprises | 3 | 0.9% |
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 07045 vs 07082 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 07082 | Towaco, NJ | 5,384 | 1.6 mi |
| 07034 | Lake Hiawatha, NJ | 9,360 | 2.2 mi |
| 07058 | Pine Brook, NJ | 5,372 | 3.3 mi |
| 07005 | Boonton, NJ | 15,269 | 3.1 mi |
| 07035 | Lincoln Park, NJ | 10,607 | 3.4 mi |
| 07054 | Parsippany, NJ | 29,305 | 4.2 mi |
| 07405 | Butler, NJ | 17,701 | 5.3 mi |
| 07004 | Fairfield, NJ | 7,440 | 3.8 mi |
| 07046 | Mountain Lakes, NJ | 4,194 | 4.1 mi |
| 07936 | East Hanover, NJ | 11,157 | 6.3 mi |
More ZIP Codes in Morris County
Related Areas
Frequently Asked Questions
What county is ZIP code 07045 in? ▼
What is the population of ZIP code 07045? ▼
What is the median household income in ZIP 07045? ▼
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What is the demographic makeup of ZIP 07045? ▼
How many businesses are in ZIP code 07045? ▼
What are the main industries in ZIP code 07045? ▼
How have home values changed in ZIP code 07045? ▼
What is the education level in ZIP code 07045? ▼
What is the average commute time in ZIP 07045? ▼
What percentage of residents own vs. rent in ZIP 07045? ▼
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ZIP Code Research Guides
Official Data Resources for Montville, 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.