ZIP 07039 - 860Z200US07039 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 07039, located in Livingston, New Jersey, this demographic and housing snapshot offers a clear picture of the area’s makeup. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial space, understanding ZIP 07039’s profile is the first step to aligning your goals with the community’s reality.

Population & Households

ZIP 07039 is home to a population of 31,128 residents as of 2023, making it a moderately sized community with a suburban feel. These individuals are distributed across 10,425 households, reflecting a strong residential base. With 10,684 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking for properties. The average household size can be inferred as roughly three people, suggesting a mix of families and smaller units that shape the community’s character.

Income & Housing Costs

One of the standout metrics for ZIP 07039 is its median household income, which sits at an impressive $218,416. This figure points to a high-earning community, likely attracting professionals and families with significant purchasing power. However, housing costs align with this affluence. The median house value is $746,100, reflecting a premium real estate market that demands substantial investment. For renters, the median monthly rent is $2,953, indicating that leasing in this area also comes at a high cost. These numbers suggest that while ZIP 07039 offers economic stability, it’s a market best suited for those with strong financial footing.

Race & Ethnicity

The demographic composition of ZIP 07039 reveals a diverse yet predominantly white and Asian community. White residents make up 56.58% of the population, while Asian residents account for 31.38%, indicating a significant cultural presence that could influence local businesses, schools, and community events. Hispanic residents represent 5.14% of the population, and Black residents comprise 3.9%. This mix suggests a multicultural environment that could appeal to those seeking a varied social fabric, while also highlighting opportunities for businesses catering to specific cultural needs or preferences.

Key Facts

• Total population in ZIP 07039: 31,128 residents as of 2023.
• Total households: 10,425, with an average size of about three people.
• Total housing units: 10,684, showing a small surplus of available properties.
• Median household income: $218,416, indicating a high-income community.
• Median house value: $746,100, reflecting a premium real estate market.
• Median rent: $2,953 per month, a significant cost for renters.
• Racial composition: 56.58% White, 31.38% Asian, 5.14% Hispanic, 3.9% Black.

What This Means for You

For homebuyers, ZIP 07039 offers a stable, affluent community with high property values, ideal if you’re looking for long-term investment potential or a prestigious address. However, the $746,100 median home price means you’ll need substantial resources or financing to enter this market. Investors and real estate agents should note the slight surplus of housing units (10,684 vs. 10,425 households), which could signal opportunities for rentals or flips, though high costs like the $2,953 median rent suggest a selective tenant pool. Small-business owners can leverage the high median income of $218,416 to target premium products or services, especially those appealing to the area’s diverse White and Asian demographics. Analysts will find value in the multicultural mix and economic strength as indicators of community resilience and growth potential. Tailoring your strategy to these realities can position you for success in this competitive market.

Run This Study Yourself

• Want to dive deeper into ZIP 07039 or compare it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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• Use the insights to inform your homebuying, investment, or business decisions with confidence.