Mendham, NJ · standard
ZIP Code 07945
Morris County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 9,539
- 197/sq mi High-density area
- $250,000+
- Median income Above-median income area
- $931,100
- Median home value Above-median home value
- 78.7%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Mendham pairs a top-decile household income with top-decile home values, in a rural, homeowner-dominated area.
- Top 1%
- household income, US ZIPs
- Top 3%
- home value, US ZIPs
- 197
- people per sq mi
- 92%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07945 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 07945 (Mendham, NJ) rose +4.7% from 2023 to 2024. The all-transactions index moved from 188.1 in 2023 to 196.9 in 2024 (2000 = 100).
ZIP code 07945 is a mid-sized community (a standard USPS delivery area) in Mendham, Morris County, New Jersey, home to 9,539 residents across 48.5 square miles, a density of 197 people per square mile, in the New York time zone.
ZIP 07945 skews affluent, with a median household income of $250,000+ (105% above the average New Jersey ZIP), while per-capita income is $117,181. Both reported hardship measures are comparatively low in absolute terms: poverty is 2.7% and unemployment is 3.1%. Housing is both higher-cost and owner-heavy: median home value is $931,100 (80% above the average New Jersey ZIP), while 91.5% of occupied homes are owner-occupied and median rent is $3,501.
This is a highly-educated ZIP: 78.7% of adults hold a bachelor's degree or higher, the median age is 46.3, and the average commute is 40 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Morris County, so 07945 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 07945
Top 5 sectors by establishment count in Mendham, NJ
Which industries have the most business establishments in ZIP 07945.
- Professional, scientific, and technical services
Professional, scientific, and technical services
41 establishments
- Other services (except public administration)
Other services (except public administration)
30 establishments
- Health care and social assistance
Health care and social assistance
25 establishments
- Construction
Construction
22 establishments
- Finance and insurance
Finance and insurance
20 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 07945, Mendham, 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
9,539
Population
48.5
Area (sq mi)
197
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 07945?
46.3
Median Age
46.9%
Male
53.1%
Female
11.9%
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?
$250,000+
Median Household Income
+105% vs state ZIP avg
$117,181
Per Capita Income
2.7%
Poverty Rate
3.1%
Unemployment Rate
39.8 min
Mean Commute Time
How ZIP 07945 ranks among New Jersey ZIPs
Mendham, 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)
$250,000 Top 2% higher than 98% 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
3,709housing units
3,709
Total Housing Units
3,497
Occupied Units
212
Vacant Units
2.70
Avg Household Size
Occupancy Type
$931,100
Median Home Value
+80% vs state ZIP avg
$3,501
Median Rent
1974
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
+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 07945 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 07960
Morristown (07960)
43,747 residents
- 07869
Randolph (07869)
25,291 residents
- 07876 10,619
Succasunna (07876)
10,619 residents
- 07945 9,539
Mendham (07945)
9,539 residents
- 07930 8,559
Chester (07930)
8,559 residents
- 07924 7,534
Bernardsville (07924)
7,534 residents
- 07803 3,651
Mine Hill (07803)
3,651 residents
- 07931 3,296
Far Hills (07931)
3,296 residents
- 07847 1,670
Kenvil (07847)
1,670 residents
What this shows Among its immediate neighbors, ZIP 07945 ranks #4 by population - useful context the national average alone can't give.
ZIP 07945 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 07945
Mendham (07945)
$250,000 median income
- 07926
Brookside (07926)
$250,000 median income
- 07970
Mount Freedom (07970)
$250,000 median income
- 07930
Chester (07930)
$240,954 median income
- 07924
Bernardsville (07924)
$236,042 median income
- 07931
Far Hills (07931)
$201,078 median income
- 07869
Randolph (07869)
$169,497 median income
- 07876
Succasunna (07876)
$161,304 median income
- 07960
Morristown (07960)
$160,334 median income
What this shows By household income, ZIP 07945 ranks the highest of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 07945, 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 (9,539 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 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 $250,000+, 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.
Related
Take this with you
What to do with ZIP 07945's numbers, next.
- See how ZIP 07945 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Mendham, 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.