Butler, NJ · standard
ZIP Code 07405
Morris County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 17,701
- 347/sq mi High-density area
- $135,169
- Median income Above-median income area
- $569,800
- Median home value Above-median home value
- 55.2%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Butler pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.
- Top 6%
- household income, US ZIPs
- Top 10%
- home value, US ZIPs
- 347
- people per sq mi
- 81%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07405 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 07405 (Butler, NJ) rose +13.6% from 2023 to 2024. The all-transactions index moved from 198.3 in 2023 to 225.3 in 2024 (2000 = 100).
ZIP code 07405 is a mid-sized community (a standard USPS delivery area) in Butler, Morris County, New Jersey, home to 17,701 residents across 51.0 square miles, a density of 347 people per square mile, in the New York time zone.
ZIP 07405 skews affluent, with a median household income of $135,169 (11% above the average New Jersey ZIP), while per-capita income is $69,698. The poverty rate is 5.1%, with unemployment at 6.0%; those measures add context to the income figure. Median home value is $569,800 (10% above the average New Jersey ZIP) and median rent is $1,676; 80.6% of occupied homes are owner-occupied.
This is a highly-educated ZIP: 55.2% of adults hold a bachelor's degree or higher, the median age is 41.8, and the average commute is 32 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Morris County, so 07405 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 07405
Top 5 sectors by establishment count in Butler, NJ
Which industries have the most business establishments in ZIP 07405.
- Construction
Construction
83 establishments
- Other services (except public administration)
Other services (except public administration)
63 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
61 establishments
- Retail trade
Retail trade
52 establishments
- Health care and social assistance
Health care and social assistance
50 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 07405, Butler, 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
17,701
Population
51.0
Area (sq mi)
347
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 07405?
41.8
Median Age
51.6%
Male
48.4%
Female
13.4%
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?
$135,169
Median Household Income
+11% vs state ZIP avg
$69,698
Per Capita Income
5.1%
Poverty Rate
6.0%
Unemployment Rate
32.2 min
Mean Commute Time
How ZIP 07405 ranks among New Jersey ZIPs
Butler, 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)
$135,169 Top 30% higher than 70% 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
6,936housing units
6,936
Total Housing Units
6,794
Occupied Units
142
Vacant Units
2.64
Avg Household Size
Occupancy Type
$569,800
Median Home Value
+10% vs state ZIP avg
$1,676
Median Rent
1968
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
+13.6%
YoY Change (2024)
225
HPI Index (2000 = 100)
+125%
Total Change Since 2000
Home values in ZIP 07405 have increased 13.6% over the past year (2024). Since 2000, this ZIP has seen +125% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.7% | 158 |
| 2021 | +6.9% | 169 |
| 2022 | +13.4% | 191 |
| 2023 | +3.7% | 198 |
| 2024 | +13.6% | 225 |
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 501 business establishments in ZIP 07405, employing approximately 4,961 people with a combined annual payroll of $226,438,000.
501
Businesses
4,961
Employees
$226.4M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 83 | 16.6% |
| Other services (except public administration) | 63 | 12.6% |
| Professional, scientific, and technical services | 61 | 12.2% |
| Retail trade | 52 | 10.4% |
| Health care and social assistance | 50 | 10.0% |
| Accommodation and food services | 42 | 8.4% |
| Administrative and support and waste management and remediation services | 39 | 7.8% |
| Wholesale trade | 26 | 5.2% |
| Finance and insurance | 19 | 3.8% |
| Manufacturing | 18 | 3.6% |
| Real estate and rental and leasing | 13 | 2.6% |
| Educational services | 13 | 2.6% |
| Transportation and warehousing | 7 | 1.4% |
| Arts, entertainment, and recreation | 7 | 1.4% |
| Information | 6 | 1.2% |
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 07405 vs 07457 →
ZIP 07405 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 07405
Butler (07405)
17,701 residents
- 07480
West Milford (07480)
16,122 residents
- 07005
Boonton (07005)
15,269 residents
- 07442
Pompton Lakes (07442)
11,097 residents
- 07444
Pompton Plains (07444)
11,046 residents
- 07045
Montville (07045)
10,127 residents
- 07034
Lake Hiawatha (07034)
9,360 residents
- 07403
Bloomingdale (07403)
7,603 residents
- 07082 5,384
Towaco (07082)
5,384 residents
What this shows Among its immediate neighbors, ZIP 07405 ranks the most populous - useful context the national average alone can't give.
ZIP 07405 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 07082
Towaco (07082)
$205,023 median income
- 07045
Montville (07045)
$185,078 median income
- 07435
Newfoundland (07435)
$145,342 median income
- 07405
Butler (07405)
$135,169 median income
- 07480
West Milford (07480)
$132,676 median income
- 07005
Boonton (07005)
$132,629 median income
- 07403
Bloomingdale (07403)
$128,010 median income
- 07442
Pompton Lakes (07442)
$124,454 median income
- 07444
Pompton Plains (07444)
$117,959 median income
What this shows By household income, ZIP 07405 ranks #4 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 07457 | Riverdale, NJ | 3,559 | 3.7 mi |
| 07403 | Bloomingdale, NJ | 7,603 | 3.6 mi |
| 07045 | Montville, NJ | 10,127 | 5.3 mi |
| 07444 | Pompton Plains, NJ | 11,046 | 4.2 mi |
| 07005 | Boonton, NJ | 15,269 | 4.4 mi |
| 07082 | Towaco, NJ | 5,384 | 4.6 mi |
| 07480 | West Milford, NJ | 16,122 | 7.0 mi |
| 07034 | Lake Hiawatha, NJ | 9,360 | 7.4 mi |
| 07442 | Pompton Lakes, NJ | 11,097 | 5.2 mi |
| 07435 | Newfoundland, NJ | 2,405 | 4.9 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 07405, 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 (17,701 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Morris County
Related Areas
Frequently Asked Questions
What county is ZIP code 07405 in?
ZIP code 07405 (Butler) is located in Morris County, New Jersey. Morris County contains multiple ZIP codes, see the full list at /counties/morris-nj.
What is the population of ZIP code 07405?
ZIP code 07405 in Butler, NJ has a population of 17,701 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07405?
The median household income in ZIP 07405 is $135,169, which is 77% above the national average of $76,288.
What is the average home value in ZIP 07405?
The median home value in ZIP 07405 is $569,800, which is 105% above the national average of $278,155.
What is the demographic makeup of ZIP 07405?
The largest racial group in ZIP 07405 is White at 79.3%. Hispanic or Latino residents make up 14.7% of the population.
How many businesses are in ZIP code 07405?
ZIP code 07405 has 501 business establishments employing approximately 4,961 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07405?
The top industries by establishment count in ZIP 07405 are: Construction (83), Other services (except public administration) (63), Professional, scientific, and technical services (61). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 07405?
According to the FHFA House Price Index, home values in ZIP 07405 increased by 13.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 125%. 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 07405?
In ZIP code 07405, 76.7% of residents aged 25+ have a high school diploma or higher, and 55.2% 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 07405?
The mean commute time for workers in ZIP code 07405 is 32.2 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 07405?
In ZIP code 07405, approximately 80.6% of occupied housing units are owner-occupied and 19.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07405?
The poverty rate in ZIP code 07405 is 5.1% 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 07405's numbers, next.
- See how ZIP 07405 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Butler, 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.