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
$123,271
Median income
$436,900
Median home value
43.0%
Bachelor's or higher

The verdict

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.

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 New Jersey average), while per-capita income is $57,625. 5.6% of residents live below the poverty line, and the unemployment rate reads 5.2%. The typical home here is valued at $436,900 (15% below the state average); renters pay a median of $1,387 monthly, and 86.3% of units are owner-occupied.

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. 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 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.

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 + 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

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

How ZIP 07438 ranks nationally

Oak Ridge, NJ household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$123,271 Top 9% higher than 91% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). This entry sits in this band. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

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 07438 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 07438 ranks #4 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 07438 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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.