ZIP Code 07945

standard

Source:

Mendham · Morris County · New Jersey

Population
9,539

197/sq mi

Median income
$250,001

▲ 228% vs US

higher than 100% of US ZIPs

Median home value
$931,100

▲ 235% vs US

higher than 97% of US ZIPs

Bachelor's or higher
78.7%

Median age 46.3

Land area
48.5 sq mi

New York

ZIP code 07945 in Mendham, New Jersey has a population of 9,539. The median household income is $250,001, which is 228% above the national average. Median home value is $931,100, 235% above the US average. 78.7% of residents hold a bachelor's degree or higher.

ZIP code 07945 is classified by USPS as a standard delivery area and covers roughly 48.5 square miles in Mendham, Morris County, New Jersey. The area is home to 9,539 residents, producing a population density of 197 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 07945 against New Jersey and the nation.

On the economic side, the median household income for ZIP 07945 sits at $250,001 (105% above the New Jersey average), while per-capita income is $117,181. The poverty rate stands at 2.7% and the unemployment rate at 3.1%. On housing, the median home value is $931,100 (80% above the state average) with median rent at $3,501 per month, and 91.5% of occupied units are owner-occupied, a direct signal of whether 07945 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 78.7% of adults hold a bachelor's degree or higher, the median age is 46.3, and the average commute is 40 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Morris County, so you can benchmark 07945 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 07945

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 07945.

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 07945, Mendham, 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

9,539

Population

48.5

Area (sq mi)

197

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 07945?

46.3

Median Age

46.9%

Male

53.1%

Female

11.9%

Foreign-Born

White 81.3%
African American 0.2%
Asian 4.6%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.2%
Hispanic or Latino 7.2%

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

$117,181

Per Capita Income

2.7%

Poverty Rate

3.1%

Unemployment Rate

39.8 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 86.9%
Bachelor's Degree or Higher 78.7%

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

What does housing look like?

3,709

Total Housing Units

3,497

Occupied Units

212

Vacant Units

2.70

Avg Household Size

Occupancy Type

Owner 91.5%
Renter 8.5%

$931,100

Median Home Value

+80% vs state

$3,501

Median Rent

1974

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

+4.7%

YoY Change (2024)

197

HPI Index (2000 = 100)

+97%

Total Change Since 2000

Home values in ZIP 07945 have increased 4.7% over the past year (2024). Since 2000, this ZIP has seen +97% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.2% 147
2021 +5.5% 155
2022 +10.3% 171
2023 +9.7% 188
2024 +4.7% 197

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 233 business establishments in ZIP 07945, employing approximately 1,296 people with a combined annual payroll of $71,750,000.

233

Businesses

1,296

Employees

$71.8M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 41 17.6%
Other services (except public administration) 30 12.9%
Health care and social assistance 25 10.7%
Construction 22 9.4%
Finance and insurance 20 8.6%
Accommodation and food services 18 7.7%
Administrative and support and waste management and remediation services 17 7.3%
Real estate and rental and leasing 14 6.0%
Wholesale trade 13 5.6%
Retail trade 12 5.2%
Information 6 2.6%
Arts, entertainment, and recreation 6 2.6%
Manufacturing 3 1.3%
Educational services 3 1.3%

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 07945 vs 07926 →

ZIP Code City Population Distance
07926 Brookside, NJ 120 2.0 mi
07970 Mount Freedom, NJ 117 2.3 mi
07924 Bernardsville, NJ 7,534 3.8 mi
07869 Randolph, NJ 25,291 4.5 mi
07930 Chester, NJ 8,559 4.6 mi
07803 Mine Hill, NJ 3,651 6.7 mi
07960 Morristown, NJ 43,747 5.1 mi
07931 Far Hills, NJ 3,296 5.7 mi
07876 Succasunna, NJ 10,619 5.8 mi
07847 Kenvil, NJ 1,670 7.3 mi

More ZIP Codes in Morris County

Frequently Asked Questions

What county is ZIP code 07945 in?
ZIP code 07945 (Mendham) 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 07945?
ZIP code 07945 in Mendham, NJ has a population of 9,539 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07945?
The median household income in ZIP 07945 is $250,001, which is 228% above the national average of $76,288.
What is the average home value in ZIP 07945?
The median home value in ZIP 07945 is $931,100, which is 235% above the national average of $278,155.
What is the demographic makeup of ZIP 07945?
The largest racial group in ZIP 07945 is White at 81.3%. Hispanic or Latino residents make up 7.2% of the population.
How many businesses are in ZIP code 07945?
ZIP code 07945 has 233 business establishments employing approximately 1,296 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07945?
The top industries by establishment count in ZIP 07945 are: Professional, scientific, and technical services (41), Other services (except public administration) (30), Health care and social assistance (25). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 07945?
According to the FHFA House Price Index, home values in ZIP 07945 increased by 4.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 97%. 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 07945?
In ZIP code 07945, 86.9% of residents aged 25+ have a high school diploma or higher, and 78.7% 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 07945?
The mean commute time for workers in ZIP code 07945 is 39.8 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 07945?
In ZIP code 07945, approximately 91.5% of occupied housing units are owner-occupied and 8.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07945?
The poverty rate in ZIP code 07945 is 2.7% 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 Mendham, 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.