PlainZIP

Whippany, NJ · standard

ZIP Code 07981

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

8,865
509/sq mi
$149,893
Median income
$614,100
Median home value
55.4%
Bachelor's or higher

The verdict

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

Top 4%
household income, US ZIPs
Top 9%
home value, US ZIPs
509
people per sq mi
87%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07981 against every reporting US ZIP.

ZIP code 07981 is a mid-sized community (a standard USPS delivery area) in Whippany, Morris County, New Jersey, home to 8,865 residents across 17.4 square miles, a density of 509 people per square mile, in the New York time zone.

ZIP 07981 skews affluent, with a median household income of $149,893 (23% above the New Jersey average), while per-capita income is $75,777. 3.8% of residents live below the poverty line, and the unemployment rate reads 3.6%. Median home value sits at $614,100 (19% above the state average), median rent at $2,556 a month, and owner-occupancy at 87.4%.

This is a highly-educated ZIP: 55.4% of adults hold a bachelor's degree or higher, the median age is 49.7, and the average commute is 25 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 07981 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 07981

Top 5 sectors by establishment count in Whippany, NJ

Which industries have the most business establishments in ZIP 07981.

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 07981, Whippany, 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

8,865

Population

17.4

Area (sq mi)

509

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 07981?

49.7

Median Age

48.8%

Male

51.2%

Female

20.3%

Foreign-Born

White 69.3%
African American 0.4%
Asian 13.9%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 11.8%
Hispanic or Latino 10.9%

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?

$149,893

Median Household Income

+23% vs state

$75,777

Per Capita Income

3.8%

Poverty Rate

3.6%

Unemployment Rate

25.1 min

Mean Commute Time

How ZIP 07981 ranks nationally

Whippany, NJ household income vs. every US ZIP code

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

$149,893 Top 4% higher than 96% 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 78.9%
Bachelor's Degree or Higher 55.4%

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

What does housing look like?

3,782

Total Housing Units

3,738

Occupied Units

44

Vacant Units

2.38

Avg Household Size

Occupancy Type

Owner 87.4%
Renter 12.6%

$614,100

Median Home Value

+19% vs state

$2,556

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

+7.1%

YoY Change (2024)

232

HPI Index (2000 = 100)

+132%

Total Change Since 2000

Home values in ZIP 07981 have increased 7.1% over the past year (2024). Since 2000, this ZIP has seen +132% cumulative appreciation.

Year Annual Change HPI Index
2020 -0.1% 173
2021 +5.1% 182
2022 +11.5% 203
2023 +6.7% 217
2024 +7.1% 232

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 393 business establishments in ZIP 07981, employing approximately 14,188 people with a combined annual payroll of $2,274,711,000.

393

Businesses

14,188

Employees

$2.3B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 50 12.7%
Construction 41 10.4%
Administrative and support and waste management and remediation services 38 9.7%
Health care and social assistance 34 8.7%
Retail trade 32 8.1%
Wholesale trade 30 7.6%
Accommodation and food services 30 7.6%
Other services (except public administration) 29 7.4%
Real estate and rental and leasing 20 5.1%
Transportation and warehousing 19 4.8%
Finance and insurance 18 4.6%
Manufacturing 16 4.1%
Arts, entertainment, and recreation 12 3.0%
Educational services 9 2.3%
Management of companies and enterprises 8 2.0%
Information 5 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 07981 vs 07927 →

ZIP 07981 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 07981 ranks #8 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 07981 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 07981 ranks #7 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
07927 Cedar Knolls, NJ 3,403 1.8 mi
07054 Parsippany, NJ 29,305 2.5 mi
07961 Convent Station, NJ 4 3.0 mi
07936 East Hanover, NJ 11,157 2.9 mi
07940 Madison, NJ 17,278 4.3 mi
07932 Florham Park, NJ 9,868 3.4 mi
07950 Morris Plains, NJ 19,564 3.7 mi
07046 Mountain Lakes, NJ 4,194 4.9 mi
07034 Lake Hiawatha, NJ 9,360 4.5 mi
07928 Chatham, NJ 19,144 6.6 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
07950 standard
Morris Plains, NJ
Pop: 19,564

Related Areas

Morris County Whippany, NJ New Jersey

Frequently Asked Questions

What county is ZIP code 07981 in? ▼
ZIP code 07981 (Whippany) 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 07981? ▼
ZIP code 07981 in Whippany, NJ has a population of 8,865 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07981? ▼
The median household income in ZIP 07981 is $149,893, which is 96% above the national average of $76,288.
What is the average home value in ZIP 07981? ▼
The median home value in ZIP 07981 is $614,100, which is 121% above the national average of $278,155.
What is the demographic makeup of ZIP 07981? ▼
The largest racial group in ZIP 07981 is White at 69.3%. Hispanic or Latino residents make up 10.9% of the population.
How many businesses are in ZIP code 07981? ▼
ZIP code 07981 has 393 business establishments employing approximately 14,188 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07981? ▼
The top industries by establishment count in ZIP 07981 are: Professional, scientific, and technical services (50), Construction (41), Administrative and support and waste management and remediation services (38). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 07981? ▼
According to the FHFA House Price Index, home values in ZIP 07981 increased by 7.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 132%. 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 07981? ▼
In ZIP code 07981, 78.9% of residents aged 25+ have a high school diploma or higher, and 55.4% 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 07981? ▼
The mean commute time for workers in ZIP code 07981 is 25.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 07981? ▼
In ZIP code 07981, approximately 87.4% of occupied housing units are owner-occupied and 12.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07981? ▼
The poverty rate in ZIP code 07981 is 3.8% 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.