ZIP Code 07078
standardSource:
Short Hills · Essex County · New Jersey
- Population
- 13,250
- Median income
- $250,001
- Median home value
- $1,679,200
- Bachelor's or higher
- 92.7%
- Land area
- 16.7 sq mi
794/sq mi
▲ 228% vs US
higher than 100% of US ZIPs
▲ 504% vs US
higher than 99% of US ZIPs
Median age 41.5
New York
ZIP code 07078 in Short Hills, New Jersey has a population of 13,250. The median household income is $250,001, which is 228% above the national average. Median home value is $1,679,200, 504% above the US average. 92.7% of residents hold a bachelor's degree or higher.
ZIP code 07078 is classified by USPS as a standard delivery area and covers roughly 16.7 square miles in Short Hills, Essex County, New Jersey. The area is home to 13,250 residents, producing a population density of 794 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 07078 against New Jersey and the nation.
On the economic side, the median household income for ZIP 07078 sits at $250,001 (105% above the New Jersey average), while per-capita income is $166,888. The poverty rate stands at 2.1% and the unemployment rate at 2.8%. On housing, the median home value is $1,679,200 (225% above the state average) with median rent at $3,325 per month, and 88.5% of occupied units are owner-occupied, a direct signal of whether 07078 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 92.7% of adults hold a bachelor's degree or higher, the median age is 41.5, and the average commute is 43 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Essex County, so you can benchmark 07078 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 07078
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 07078.
- Retail trade
Retail trade
152 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
90 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
73 establishments
- Finance and insurance 51
Finance and insurance
51 establishments
- Health care and social assistance 49
Health care and social assistance
49 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 07078, Short Hills, 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
13,250
Population
16.7
Area (sq mi)
794
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 07078?
41.5
Median Age
49.6%
Male
50.4%
Female
31.6%
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?
$250,001
Median Household Income
+105% vs state
$166,888
Per Capita Income
2.1%
Poverty Rate
2.8%
Unemployment Rate
42.7 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?
4,572
Total Housing Units
4,519
Occupied Units
53
Vacant Units
3.23
Avg Household Size
Occupancy Type
$1,679,200
Median Home Value
+225% vs state
$3,325
Median Rent
1958
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
+12.6%
YoY Change (2024)
302
HPI Index (2000 = 100)
+202%
Total Change Since 2000
Home values in ZIP 07078 have increased 12.6% over the past year (2024). Since 2000, this ZIP has seen +202% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | -9.7% | 195 |
| 2020 | +0.8% | 197 |
| 2021 | +7.6% | 212 |
| 2022 | +12.6% | 239 |
| 2024 | — | 302 |
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 596 business establishments in ZIP 07078, employing approximately 9,549 people with a combined annual payroll of $990,428,000.
596
Businesses
9,549
Employees
$990.4M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 152 | 25.5% |
| Professional, scientific, and technical services | 90 | 15.1% |
| Real estate and rental and leasing | 73 | 12.3% |
| Finance and insurance | 51 | 8.6% |
| Health care and social assistance | 49 | 8.2% |
| Other services (except public administration) | 33 | 5.5% |
| Construction | 26 | 4.4% |
| Accommodation and food services | 22 | 3.7% |
| Administrative and support and waste management and remediation services | 20 | 3.4% |
| Wholesale trade | 18 | 3.0% |
| Arts, entertainment, and recreation | 17 | 2.9% |
| Educational services | 15 | 2.5% |
| Information | 14 | 2.4% |
| Manufacturing | 4 | 0.7% |
| Transportation and warehousing | 4 | 0.7% |
| Management of companies and enterprises | 4 | 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 07078 vs 07039 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 07039 | Livingston, NJ | 29,358 | 3.0 mi |
| 07081 | Springfield, NJ | 15,808 | 3.0 mi |
| 07041 | Millburn, NJ | 6,868 | 2.2 mi |
| 07901 | Summit, NJ | 22,806 | 2.5 mi |
| 07088 | Vauxhall, NJ | 3,606 | 3.1 mi |
| 07040 | Maplewood, NJ | 23,876 | 3.5 mi |
| 07079 | South Orange, NJ | 16,316 | 3.9 mi |
| 07092 | Mountainside, NJ | 6,730 | 4.4 mi |
| 07932 | Florham Park, NJ | 9,868 | 3.9 mi |
| 07928 | Chatham, NJ | 19,144 | 4.3 mi |
More ZIP Codes in Essex County
Related Areas
Frequently Asked Questions
What county is ZIP code 07078 in? ▼
What is the population of ZIP code 07078? ▼
What is the median household income in ZIP 07078? ▼
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What is the demographic makeup of ZIP 07078? ▼
How many businesses are in ZIP code 07078? ▼
What are the main industries in ZIP code 07078? ▼
How have home values changed in ZIP code 07078? ▼
What is the education level in ZIP code 07078? ▼
What is the average commute time in ZIP 07078? ▼
What percentage of residents own vs. rent in ZIP 07078? ▼
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ZIP Code Research Guides
Official Data Resources for Short Hills, 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.