Morristown, NJ · standard
ZIP Code 07960
Morris County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 43,747
- 482/sq mi High-density area
- $160,334
- Median income Above-median income area
- $735,600
- Median home value Above-median home value
- 67.9%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Morristown 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 6%
- home value, US ZIPs
- 482
- people per sq mi
- 63%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07960 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 07960 (Morristown, NJ) rose +11.0% from 2023 to 2024. The all-transactions index moved from 216.8 in 2023 to 240.6 in 2024 (2000 = 100).
ZIP code 07960 is a densely settled ZIP (a standard USPS delivery area) in Morristown, Morris County, New Jersey, with 43,747 residents across 90.7 square miles, a density of 482 people per square mile, in the New York time zone.
ZIP 07960 skews affluent, with a median household income of $160,334 (31% above the average New Jersey ZIP), while per-capita income is $90,631. The poverty rate is 5.8%, with unemployment at 4.9%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $735,600 (42% above the average New Jersey ZIP), while 62.5% of occupied homes are owner-occupied and median rent is $2,306.
This is a highly-educated ZIP: 67.9% of adults hold a bachelor's degree or higher, the median age is 40, and the average commute is 27 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Morris County, so 07960 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 07960
Top 5 sectors by establishment count in Morristown, NJ
Which industries have the most business establishments in ZIP 07960.
- Professional, scientific, and technical services
Professional, scientific, and technical services
335 establishments
- Health care and social assistance
Health care and social assistance
257 establishments
- Finance and insurance
Finance and insurance
179 establishments
- Other services (except public administration)
Other services (except public administration)
154 establishments
- Accommodation and food services
Accommodation and food services
138 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 07960, Morristown, 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
43,747
Population
90.7
Area (sq mi)
482
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 07960?
40.0
Median Age
50.0%
Male
50.0%
Female
15.7%
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?
$160,334
Median Household Income
+31% vs state ZIP avg
$90,631
Per Capita Income
5.8%
Poverty Rate
4.9%
Unemployment Rate
27.3 min
Mean Commute Time
How ZIP 07960 ranks nationally
Morristown, NJ household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$160,334 Top 3% higher than 97% of 30,318 US ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
19,058housing units
19,058
Total Housing Units
18,575
Occupied Units
483
Vacant Units
2.44
Avg Household Size
Occupancy Type
$735,600
Median Home Value
+42% vs state ZIP avg
$2,306
Median Rent
1969
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
+11.0%
YoY Change (2024)
241
HPI Index (2000 = 100)
+141%
Total Change Since 2000
Home values in ZIP 07960 have increased 11.0% over the past year (2024). Since 2000, this ZIP has seen +141% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.5% | 168 |
| 2021 | +6.8% | 179 |
| 2022 | +10.8% | 199 |
| 2023 | +9.2% | 217 |
| 2024 | +11.0% | 241 |
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 1,713 business establishments in ZIP 07960, employing approximately 39,939 people with a combined annual payroll of $4,479,051,000.
1,713
Businesses
39,939
Employees
$4.5B
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 335 | 19.6% |
| Health care and social assistance | 257 | 15.0% |
| Finance and insurance | 179 | 10.4% |
| Other services (except public administration) | 154 | 9.0% |
| Accommodation and food services | 138 | 8.1% |
| Retail trade | 129 | 7.5% |
| Construction | 106 | 6.2% |
| Administrative and support and waste management and remediation services | 103 | 6.0% |
| Real estate and rental and leasing | 93 | 5.4% |
| Wholesale trade | 49 | 2.9% |
| Information | 42 | 2.5% |
| Educational services | 36 | 2.1% |
| Arts, entertainment, and recreation | 30 | 1.8% |
| Transportation and warehousing | 26 | 1.5% |
| Manufacturing | 14 | 0.8% |
| Management of companies and enterprises | 13 | 0.8% |
| Utilities | 7 | 0.4% |
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 07960 vs 07961 →
ZIP 07960 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
- 07950
Morris Plains (07950)
19,564 residents
- 07940 17,278
Madison (07940)
17,278 residents
- 07945 9,539
Mendham (07945)
9,539 residents
- 07927 3,403
Cedar Knolls (07927)
3,403 residents
- 07980 2,307
Stirling (07980)
2,307 residents
- 07976 754
New Vernon (07976)
754 residents
- 07935 313
Green Village (07935)
313 residents
- 07926 120
Brookside (07926)
120 residents
What this shows Among its immediate neighbors, ZIP 07960 ranks the most populous - useful context the national average alone can't give.
ZIP 07960 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 07926
Brookside (07926)
$250,000 median income
- 07945
Mendham (07945)
$250,000 median income
- 07970
Mount Freedom (07970)
$250,000 median income
- 07976
New Vernon (07976)
$247,697 median income
- 07940
Madison (07940)
$172,708 median income
- 07927
Cedar Knolls (07927)
$170,400 median income
- 07980
Stirling (07980)
$162,955 median income
- 07960
Morristown (07960)
$160,334 median income
- 07950
Morris Plains (07950)
$153,762 median income
What this shows By household income, ZIP 07960 ranks #8 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 07961 | Convent Station, NJ | 4 | 3.5 mi |
| 07976 | New Vernon, NJ | 754 | 4.2 mi |
| 07950 | Morris Plains, NJ | 19,564 | 4.3 mi |
| 07927 | Cedar Knolls, NJ | 3,403 | 3.6 mi |
| 07926 | Brookside, NJ | 120 | 3.9 mi |
| 07970 | Mount Freedom, NJ | 117 | 4.2 mi |
| 07945 | Mendham, NJ | 9,539 | 5.1 mi |
| 07935 | Green Village, NJ | 313 | 4.3 mi |
| 07940 | Madison, NJ | 17,278 | 4.6 mi |
| 07980 | Stirling, NJ | 2,307 | 7.2 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 07960, 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 (43,747 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 07960 in?
ZIP code 07960 (Morristown) 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 07960?
ZIP code 07960 in Morristown, NJ has a population of 43,747 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07960?
The median household income in ZIP 07960 is $160,334, which is 110% above the national average of $76,288.
What is the average home value in ZIP 07960?
The median home value in ZIP 07960 is $735,600, which is 164% above the national average of $278,155.
What is the demographic makeup of ZIP 07960?
The largest racial group in ZIP 07960 is White at 67.7%. Hispanic or Latino residents make up 19.0% of the population.
How many businesses are in ZIP code 07960?
ZIP code 07960 has 1,713 business establishments employing approximately 39,939 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07960?
The top industries by establishment count in ZIP 07960 are: Professional, scientific, and technical services (335), Health care and social assistance (257), Finance and insurance (179). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 07960?
According to the FHFA House Price Index, home values in ZIP 07960 increased by 11.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 141%. 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 07960?
In ZIP code 07960, 81.2% of residents aged 25+ have a high school diploma or higher, and 67.9% 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 07960?
The mean commute time for workers in ZIP code 07960 is 27.3 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 07960?
In ZIP code 07960, approximately 62.5% of occupied housing units are owner-occupied and 37.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07960?
The poverty rate in ZIP code 07960 is 5.8% 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 07960's numbers, next.
- See how ZIP 07960 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Morristown, 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.