ZIP Code 07438

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Source:

Oak Ridge · Morris County · New Jersey

Population
11,559

163/sq mi

Median income
$123,271

▲ 62% vs US

higher than 91% of US ZIPs

Median home value
$436,900

▲ 57% vs US

higher than 83% of US ZIPs

Bachelor's or higher
43.0%

Median age 46.5

Land area
71.0 sq mi

New York

ZIP code 07438 in Oak Ridge, New Jersey has a population of 11,559. The median household income is $123,271, which is 62% above the national average. Median home value is $436,900, 57% above the US average. 43.0% of residents hold a bachelor's degree or higher.

ZIP code 07438 is classified by USPS as a standard delivery area and covers roughly 71.0 square miles in Oak Ridge, Morris County, New Jersey. The area is home to 11,559 residents, producing a population density of 163 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 07438 against New Jersey and the nation.

On the economic side, the median household income for ZIP 07438 sits at $123,271 (1% above the New Jersey average), while per-capita income is $57,625. The poverty rate stands at 5.6% and the unemployment rate at 5.2%. On housing, the median home value is $436,900 (15% below the state average) with median rent at $1,387 per month, and 86.3% of occupied units are owner-occupied, a direct signal of whether 07438 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 43.0% of adults hold a bachelor's degree or higher, the median age is 46.5, and the average commute is 42 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Morris County, so you can benchmark 07438 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 07438

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 07438.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 07438, Oak Ridge, 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

11,559

Population

71.0

Area (sq mi)

163

People / sq mi

New York

Time Zone

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ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 07438?

46.5

Median Age

49.8%

Male

50.2%

Female

7.7%

Foreign-Born

White 80.1%
African American 3.6%
Asian 1.2%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 12.8%
Hispanic or Latino 11.0%

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?

$123,271

Median Household Income

+1% vs state

$57,625

Per Capita Income

5.6%

Poverty Rate

5.2%

Unemployment Rate

41.8 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 68.4%
Bachelor's Degree or Higher 43.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

4,509

Total Housing Units

4,391

Occupied Units

118

Vacant Units

2.53

Avg Household Size

Occupancy Type

Owner 86.3%
Renter 13.7%

$436,900

Median Home Value

-15% vs state

$1,387

Median Rent

1981

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+9.7%

YoY Change (2024)

229

HPI Index (2000 = 100)

+129%

Total Change Since 2000

Home values in ZIP 07438 have increased 9.7% over the past year (2024). Since 2000, this ZIP has seen +129% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.9% 152
2021 +10.8% 169
2022 +10.5% 186
2023 +12.2% 209
2024 +9.7% 229

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 202 business establishments in ZIP 07438, employing approximately 1,725 people with a combined annual payroll of $115,827,000.

202

Businesses

1,725

Employees

$115.8M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Construction 46 22.8%
Other services (except public administration) 26 12.9%
Accommodation and food services 23 11.4%
Health care and social assistance 20 9.9%
Retail trade 17 8.4%
Professional, scientific, and technical services 14 6.9%
Administrative and support and waste management and remediation services 11 5.5%
Wholesale trade 8 4.0%
Manufacturing 7 3.5%
Real estate and rental and leasing 7 3.5%
Finance and insurance 6 3.0%
Arts, entertainment, and recreation 6 3.0%
Educational services 4 2.0%
Transportation and warehousing 3 1.5%

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 07438 vs 07435 →

ZIP Code City Population Distance
07435 Newfoundland, NJ 2,405 3.7 mi
07842 Hibernia, NJ 130 6.2 mi
07866 Rockaway, NJ 22,098 5.5 mi
07460 Stockholm, NJ 3,457 5.8 mi
07439 Ogdensburg, NJ 2,456 5.2 mi
07871 Sparta, NJ 21,165 5.8 mi
07801 Dover, NJ 25,386 7.9 mi
07885 Wharton, NJ 10,078 7.2 mi
07849 Lake Hopatcong, NJ 9,054 6.5 mi
07416 Franklin, NJ 5,781 7.2 mi

More ZIP Codes in Morris County

Frequently Asked Questions

What county is ZIP code 07438 in?
ZIP code 07438 (Oak Ridge) 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 07438?
ZIP code 07438 in Oak Ridge, NJ has a population of 11,559 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07438?
The median household income in ZIP 07438 is $123,271, which is 62% above the national average of $76,288.
What is the average home value in ZIP 07438?
The median home value in ZIP 07438 is $436,900, which is 57% above the national average of $278,155.
What is the demographic makeup of ZIP 07438?
The largest racial group in ZIP 07438 is White at 80.1%. Hispanic or Latino residents make up 11.0% of the population.
How many businesses are in ZIP code 07438?
ZIP code 07438 has 202 business establishments employing approximately 1,725 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07438?
The top industries by establishment count in ZIP 07438 are: Construction (46), Other services (except public administration) (26), Accommodation and food services (23). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 07438?
According to the FHFA House Price Index, home values in ZIP 07438 increased by 9.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 129%. 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 07438?
In ZIP code 07438, 68.4% of residents aged 25+ have a high school diploma or higher, and 43.0% 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 07438?
The mean commute time for workers in ZIP code 07438 is 41.8 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 07438?
In ZIP code 07438, approximately 86.3% of occupied housing units are owner-occupied and 13.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07438?
The poverty rate in ZIP code 07438 is 5.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Oak Ridge, 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.

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