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ZipNumbers

Morris County · New Jersey

ZIP code 07946

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 07946 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
3,098

ZCTA residents

Median income
$213,393

Household, past 12 months

Median home
$754,600

Owner-occupied value

Sales tax
6.625%

New Jersey state rate

Quick answer

ZIP 07946 sits in Morris County, New Jersey and is home to 3,098 people. Median household income is $213,393, the median home is worth $754,600 and median gross rent is $3,501. 94.2% of households own their home, and purchases are taxed at 6.625% (New Jersey state rate).

County
Morris County

FIPS 34027

State
New Jersey (NJ)

598 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 07946

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
3,098ZIP 07946 residents
Median household income
$213,393Past 12 months, inflation adjusted
Median home value
$754,600Owner-occupied units
Median gross rent
$3,501Rent plus utilities, monthly
Median age
44.6 yrsAll residents
Homeownership rate
94.2%Owner-occupied households

Sales tax in 07946

What a purchase inside this ZIP costs at checkout.

Rate applied
6.625%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$66Before any exemptions

New Jersey levies 6.625% statewide with no local add-ons. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
20%Median rent ÷ median income
Price-to-income
3.5×Home value ÷ household income
Est. mortgage
$3,915/mo20% down, 30-yr at 6.75%
Poverty rate
3.1%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 07946 compares

ZIP 07946 against the median ZIP in Morris County and across New Jersey.

MeasureZIP 07946County medianState medianvs state
Median household income$213,393$144,792$109,182+95%
Median home value$754,600$565,900$423,950+78%
Median gross rent$3,501$1,917$1,718+104%
Population3,0988,69210,128-69%

Medians are computed across the 50 ZIP areas in Morris County and the 598 ZIP areas in New Jersey.

Statewide rank

Where this ZIP places among all 598 New Jersey ZIP areas.

Income

richer than 95% of 563 state ZIPs

#29
Home value

above 87% of 562 state ZIPs

#72
Population

larger than 19% of 598 state ZIPs

#484

Comparable ZIP codes

New Jersey ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
08853Somerset County$213,074$638,700$2,124
07090Union County$212,700$930,500$2,211
07649Bergen County$214,736$702,400$2,202
07677Bergen County$211,233$901,800$2,629
07452Bergen County$210,369$817,300$1,938
07092Union County$210,100$755,600$3,501

Nearby ZIP codes

Other ZIP codes filed under Morris County.

ZIP 07946 questions

Common questions about this ZIP code.

Where is ZIP code 07946?
ZIP 07946 lies mostly in Morris County, New Jersey. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 07946?
New Jersey charges 6.625% statewide.
Is 07946 expensive to live in?
Median rent runs $3,501 a month, about 20% of median household income, and the median home is worth $754,600+78% against the typical New Jersey ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 07946, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.