Oak Ridge, NJ · standard
ZIP Code 07438
Morris County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 11,559
- 163/sq mi High-density area
- $123,271
- Median income Above-median income area
- $436,900
- Median home value Above-median home value
- 43.0%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Oak Ridge pairs a top-decile household income with upper-quartile home values, in a rural, homeowner-dominated area.
- Top 9%
- household income, US ZIPs
- Top 17%
- home value, US ZIPs
- 163
- people per sq mi
- 86%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07438 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 07438 (Oak Ridge, NJ) rose +9.7% from 2023 to 2024. The all-transactions index moved from 209.0 in 2023 to 229.2 in 2024 (2000 = 100).
ZIP code 07438 is a mid-sized community (a standard USPS delivery area) in Oak Ridge, Morris County, New Jersey, home to 11,559 residents across 71.0 square miles, a density of 163 people per square mile, in the New York time zone.
ZIP 07438 skews affluent, with a median household income of $123,271 (1% above the average New Jersey ZIP), while per-capita income is $57,625. The poverty rate is 5.6%, with unemployment at 5.2%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $436,900 (15% below the average New Jersey ZIP), and median rent is $1,387; owner occupancy is 86.3%.
A solid share of residents have a four-year degree: 43.0% of adults hold a bachelor's degree or higher, the median age is 46.5, and the average commute is 42 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Morris County, so 07438 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 07438
Top 5 sectors by establishment count in Oak Ridge, NJ
Which industries have the most business establishments in ZIP 07438.
- Construction
Construction
46 establishments
- Other services (except public administration)
Other services (except public administration)
26 establishments
- Accommodation and food services
Accommodation and food services
23 establishments
- Health care and social assistance
Health care and social assistance
20 establishments
- Retail trade 17
Retail trade
17 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 07438, Oak Ridge, 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
11,559
Population
71.0
Area (sq mi)
163
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 07438?
46.5
Median Age
49.8%
Male
50.2%
Female
7.7%
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?
$123,271
Median Household Income
+1% vs state ZIP avg
$57,625
Per Capita Income
5.6%
Poverty Rate
5.2%
Unemployment Rate
41.8 min
Mean Commute Time
How ZIP 07438 ranks among New Jersey ZIPs
Oak Ridge, 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)
$123,271 Top 39% higher than 61% 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
4,509housing units
4,509
Total Housing Units
4,391
Occupied Units
118
Vacant Units
2.53
Avg Household Size
Occupancy Type
$436,900
Median Home Value
-15% vs state ZIP avg
$1,387
Median Rent
1981
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
+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 07438 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 07801
Dover (07801)
25,386 residents
- 07866
Rockaway (07866)
22,098 residents
- 07871
Sparta (07871)
21,165 residents
- 07438
Oak Ridge (07438)
11,559 residents
- 07885 10,078
Wharton (07885)
10,078 residents
- 07849 9,054
Lake Hopatcong (07849)
9,054 residents
- 07416 5,781
Franklin (07416)
5,781 residents
- 07460 3,457
Stockholm (07460)
3,457 residents
- 07439 2,456
Ogdensburg (07439)
2,456 residents
What this shows Among its immediate neighbors, ZIP 07438 ranks #4 by population - useful context the national average alone can't give.
ZIP 07438 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 07871
Sparta (07871)
$167,654 median income
- 07435
Newfoundland (07435)
$145,342 median income
- 07460
Stockholm (07460)
$145,081 median income
- 07866
Rockaway (07866)
$131,403 median income
- 07438
Oak Ridge (07438)
$123,271 median income
- 07849
Lake Hopatcong (07849)
$117,298 median income
- 07439
Ogdensburg (07439)
$105,551 median income
- 07885
Wharton (07885)
$100,716 median income
- 07416
Franklin (07416)
$93,983 median income
What this shows By household income, ZIP 07438 ranks #5 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 07438, 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 (11,559 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 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.
Related
Take this with you
What to do with ZIP 07438's numbers, next.
- See how ZIP 07438 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Oak Ridge, 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.