PlainZIP

Morris Plains, NJ · standard

ZIP Code 07950

Morris County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

19,564
833/sq mi
$153,762
Median income
$589,900
Median home value
66.1%
Bachelor's or higher

The verdict

Morris Plains pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.

Top 3%
household income, US ZIPs
Top 10%
home value, US ZIPs
833
people per sq mi
75%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07950 against every reporting US ZIP.

ZIP code 07950 is a mid-sized community (a standard USPS delivery area) in Morris Plains, Morris County, New Jersey, home to 19,564 residents across 23.5 square miles, a density of 833 people per square mile, in the New York time zone.

ZIP 07950 skews affluent, with a median household income of $153,762 (26% above the New Jersey average), while per-capita income is $73,079. Poverty here runs at 2.5%, with unemployment measured at 5.4%. On housing, the median home value is $589,900 (14% above the state average) with median rent at $2,612 per month, and 75.3% of occupied units are owner-occupied.

This is a highly-educated ZIP: 66.1% of adults hold a bachelor's degree or higher, the median age is 44.4, and the average commute is 30 minutes. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Morris County, letting you compare 07950 to its immediate surroundings rather than a national baseline 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 07950

Top 5 sectors by establishment count in Morris Plains, NJ

Which industries have the most business establishments in ZIP 07950.

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 07950, Morris Plains, 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

19,564

Population

23.5

Area (sq mi)

833

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 07950?

44.4

Median Age

50.2%

Male

49.8%

Female

24.7%

Foreign-Born

White 62.7%
African American 2.5%
Asian 21.8%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.8%
Hispanic or Latino 9.2%

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?

$153,762

Median Household Income

+26% vs state

$73,079

Per Capita Income

2.5%

Poverty Rate

5.4%

Unemployment Rate

30.2 min

Mean Commute Time

How ZIP 07950 ranks nationally

Morris Plains, NJ household income vs. every US ZIP code

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

$153,762 Top 3% higher than 97% 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%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). This entry sits in this band. $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 80.8%
Bachelor's Degree or Higher 66.1%

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

What does housing look like?

8,582

Total Housing Units

8,367

Occupied Units

215

Vacant Units

2.49

Avg Household Size

Occupancy Type

Owner 75.3%
Renter 24.7%

$589,900

Median Home Value

+14% vs state

$2,612

Median Rent

1971

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

+11.2%

YoY Change (2024)

238

HPI Index (2000 = 100)

+138%

Total Change Since 2000

Home values in ZIP 07950 have increased 11.2% over the past year (2024). Since 2000, this ZIP has seen +138% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.3% 168
2021 +6.0% 178
2022 +10.6% 197
2023 +8.8% 214
2024 +11.2% 238

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 511 business establishments in ZIP 07950, employing approximately 15,770 people with a combined annual payroll of $2,183,805,000.

511

Businesses

15,770

Employees

$2.2B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 69 13.5%
Retail trade 58 11.3%
Health care and social assistance 53 10.4%
Accommodation and food services 52 10.2%
Other services (except public administration) 46 9.0%
Finance and insurance 45 8.8%
Administrative and support and waste management and remediation services 44 8.6%
Construction 41 8.0%
Real estate and rental and leasing 34 6.7%
Wholesale trade 21 4.1%
Management of companies and enterprises 12 2.4%
Educational services 11 2.1%
Transportation and warehousing 8 1.6%
Manufacturing 7 1.4%
Information 6 1.2%
Arts, entertainment, and recreation 4 0.8%

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 07950 vs 07878 →

ZIP 07950 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 07950 ranks #5 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 07950 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 07950 ranks #6 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
07878 Mount Tabor, NJ 934 1.9 mi
07834 Denville, NJ 17,722 3.0 mi
07927 Cedar Knolls, NJ 3,403 2.2 mi
07960 Morristown, NJ 43,747 4.3 mi
07981 Whippany, NJ 8,865 3.7 mi
07046 Mountain Lakes, NJ 4,194 3.9 mi
07054 Parsippany, NJ 29,305 4.3 mi
07869 Randolph, NJ 25,291 5.2 mi
07961 Convent Station, NJ 4 5.1 mi
07866 Rockaway, NJ 22,098 7.6 mi

More ZIP Codes in Morris County

07960 standard
Morristown, NJ
Pop: 43,747
07054 standard
Parsippany, NJ
Pop: 29,305
07801 standard
Dover, NJ
Pop: 25,386
07869 standard
Randolph, NJ
Pop: 25,291
07866 standard
Rockaway, NJ
Pop: 22,098
07928 standard
Chatham, NJ
Pop: 19,144

Related Areas

Morris County Morris Plains, NJ New Jersey

Frequently Asked Questions

What county is ZIP code 07950 in? ▼
ZIP code 07950 (Morris Plains) 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 07950? ▼
ZIP code 07950 in Morris Plains, NJ has a population of 19,564 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07950? ▼
The median household income in ZIP 07950 is $153,762, which is 102% above the national average of $76,288.
What is the average home value in ZIP 07950? ▼
The median home value in ZIP 07950 is $589,900, which is 112% above the national average of $278,155.
What is the demographic makeup of ZIP 07950? ▼
The largest racial group in ZIP 07950 is White at 62.7%. Hispanic or Latino residents make up 9.2% of the population.
How many businesses are in ZIP code 07950? ▼
ZIP code 07950 has 511 business establishments employing approximately 15,770 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07950? ▼
The top industries by establishment count in ZIP 07950 are: Professional, scientific, and technical services (69), Retail trade (58), Health care and social assistance (53). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 07950? ▼
According to the FHFA House Price Index, home values in ZIP 07950 increased by 11.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 138%. 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 07950? ▼
In ZIP code 07950, 80.8% of residents aged 25+ have a high school diploma or higher, and 66.1% 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 07950? ▼
The mean commute time for workers in ZIP code 07950 is 30.2 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 07950? ▼
In ZIP code 07950, approximately 75.3% of occupied housing units are owner-occupied and 24.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07950? ▼
The poverty rate in ZIP code 07950 is 2.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.