The 07901 ZIP Code is primarily associated with Summit, NJ in Union County in the United States. The current population estimate is 23,567. It is estimated that 15.2% of residents in the 07901 ZIP Code are aged 62 years and older, while the region overall has a median age of 40.1 years. In this New Jersey region, an estimated 71.6% have a bachelor's degree or higher, while the per capita income comes in at about $90,677. The median household income is $154,688, while about 2% of the population is living below the poverty line.
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The median household income in ZIP Code 07901 is $154,688, while the region's mean household income is $251,672. Breaking income down further, per capita income in the region is $90,677. The per capita income in ZIP Code 07901 of $90,677 is approximately 112.13% more than the per capita income in New Jersey overall of $42,745. An estimated 2.3% of the population is living below the poverty line in this region. This rate is approximately 75.79% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 40.7% of the population in 07901 earn $200,000 or more per year, while an estimated 13.0% earn $100,000 to $149,999 per year, and 0.9% of 07901 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 1.9% |
| $10,000 to $14,999 per year | 0.9% |
| $15,000 to $24,999 per year | 4.9% |
| $25,000 to $34,999 per year | 2.2% |
| $35,000 to $49,999 per year | 4.6% |
| $50,000 to $74,999 per year | 8.6% |
| $75,000 to $99,999 per year | 12.1% |
| $100,000 to $149,999 per year | 13.0% |
| $150,000 to $199,999 per year | 11.2% |
| $200,000 or more per year | 40.7% |
In ZIP Code 07901, 96.1% of the population graduated high school, while 71.6% have a bachelor's degree or higher. In this region, 1.9% achieved an education level less than 9th grade, while 35.8% hold a graduate or professional degree. Approximately 13.9% in this Union County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.9% |
| 9th to 12th grade, no diploma | 2.1% |
| High school graduate (includes equivalency) | 13.9% |
| Some college, no degree | 7.3% |
| Associate's degree | 3.3% |
| Bachelor's degree | 35.7% |
| Graduate or professional degree | 35.8% |
Looking at race in the population that makes up ZIP Code 07901, 97.7% is one race, while 2.3% are two or more races. Approximately 12.6% of 07901 residents are hispanic or Latino (of any race). The most common race in 07901 (race alone or in combination with one or more other races), is White (76.8%), followed by Asian (12.3%) .
| Industry | Percent |
|---|---|
| White | 76.8% |
| Black or African American | 5.6% |
| American Indian and Alaska Native | 0.5% |
| Asian | 12.3% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 7.3% |
In ZIP Code 07901, 70.7% of the population lists "English only" as the language spoken in home, while 11.5% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 9.7% of homes, and other Indo-European languages are spoken in 6.0% of homes. Lastly, 2.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Union County region.
| Language Spoken | Percent |
|---|---|
| English only | 70.7% |
| Spanish | 11.5% |
| Other Indo-European languages | 9.7% |
| Asian and Pacific Islander languages | 6.0% |
| Other languages | 2.0% |
The median home value in ZIP Code 07901 in January 2025 comes in at $1,247,260. The January 2025 value is approximately 2% higher than the $1,227,097 median value in August 2024, and 6% higher than the $1,174,867 median value in February 2024. Regarding the age of homes in ZIP Code 07901, an estimated 33.2% of homes were built in 1939 or earlier. Additionally, 26.7% of homes in the region were built between 1950 and 1959, while an estimated 0.9% of homes were built in 2014 or later in this Union County region.
| Month | Home value |
|---|---|
| Jan 2025 | $1,247,260 |
| Dec 2024 | $1,243,448 |
| Nov 2024 | $1,240,074 |
| Oct 2024 | $1,234,664 |
| Sep 2024 | $1,229,602 |
| Aug 2024 | $1,227,097 |
| Jul 2024 | $1,224,895 |
| Jun 2024 | $1,223,039 |
| May 2024 | $1,216,910 |
| Apr 2024 | $1,203,935 |
| Mar 2024 | $1,187,990 |
| Feb 2024 | $1,174,867 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.9% |
| Built between 2010 and 2013 | 1.1% |
| Built between 2000 and 2009 | 4.6% |
| Built between 1990 and 1999 | 2.8% |
| Built between 1980 and 1989 | 5.6% |
| Built between 1970 and 1979 | 6.2% |
| Built between 1960 and 1969 | 9.0% |
| Built between 1950 and 1959 | 26.7% |
| Built between 1940 and 1949 | 9.9% |
| Built in 1939 or earlier | 33.2% |
Residents of ZIP Code 07901 are older than average. The median age of 40.1 years in ZIP Code 07901 is approximately 5.25% higher than the overall median age in the U.S. of 38.1 years. About 72.3% of residents are aged 18 years and older, and 15.2% of residents are 62 years and over. Approximately 18.3% of the population in 07901 falls in the age group 45 to 54 years, while an estimated 15.3% are aged 35 to 44 years. On the low end of the scale, 1.9% of 07901 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 7.2% |
| 5 to 9 years | 5.8% |
| 10 to 14 years | 8.9% |
| 15 to 19 years | 7.5% |
| 20 to 24 years | 3.9% |
| 25 to 34 years | 9.1% |
| 35 to 44 years | 15.3% |
| 45 to 54 years | 18.3% |
| 55 to 59 years | 6.9% |
| 60 to 64 years | 4.0% |
| 65 to 74 years | 7.1% |
| 75 to 84 years | 4.1% |
| 85 years and over | 1.9% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 07901 is current access to health insurance, as an estimated 92.5% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 07901 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 92.5% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 07901 has an average daily solar radiation level of 4.87 kWh/m2/day. This is approximately 18.2% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 26.1% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 07901 | 12.6¢/kWh | 6.35¢/kWh | 3.32¢/kWh |
| New Jersey | 22.98¢/kWh | 15.9¢/kWh | 13.95¢/kWh |
| United States | 17.24¢/kWh | 13.63¢/kWh | 8.44¢/kWh |
| Month | ZIP Code 07901 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.65 | 1.9 | 5.84 |
| Feb | 4.8 | 3 | 6.31 |
| Mar | 5.18 | 3.65 | 7.02 |
| Apr | 5.31 | 5.13 | 7.3 |
| May | 5.48 | 5.17 | 7.13 |
| Jun | 5.52 | 5.72 | 6.95 |
| Jul | 5.82 | 6.22 | 6.51 |
| Aug | 5.66 | 6.08 | 6.65 |
| Sep | 5.45 | 5.15 | 7.02 |
| Oct | 4.42 | 3.32 | 6.92 |
| Nov | 3.97 | 2.33 | 5.99 |
| Dec | 3.23 | 1.78 | 5.46 |
In 07901, 68.7% of the population is in the labor force. Recent estimates place 7.6% as working from home, while the total labor force in the region has a mean travel to time to work of 37.6 minutes. Approximately 21.0% of the employed population 16 years and over in 07901 work in professional, scientific, management, and administrative, while an estimated 19.7% work in finance and insurance, and real estate and rental and leasing. On the lower end of the scale, just 1.1% of 07901 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 1.1% |
| Construction | 2.9% |
| Manufacturing | 7.3% |
| Wholesale trade | 3.2% |
| Retail trade | 6.3% |
| Transportation and warehousing, and utilities | 2.1% |
| Information | 3.8% |
| Finance and insurance, and real estate and rental and leasing | 19.7% |
| Professional, scientific, management, and administrative | 21.0% |
| Educational services, and health care and social assistance | 17.5% |
| Arts, entertainment, and recreation, and accommodation and food services | 8.3% |
| Other services, except public administration | 5.4% |
| Public administration | 1.3% |