ZIP Code 07059 Demographics

Somerset County, New Jersey  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 07059 compared to county averages.

Total Population

16,208

↓ 95.3% vs county

Median HH Income

$196,122

↑ +48.6% vs county

Median Home Value

$862,800

↑ +76.3% vs county

Median Age

45.0 yrs

↓ +7.1% vs county

Unemployment Rate

2.4%

↑ 52.5% vs county

Income & Housing Comparison

How ZIP 07059 compares to Somerset County and New Jersey overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 07059 $196k Somerset $132k New Jersey $97k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 07059 $863k Somerset $490k New Jersey $401k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

34.3%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

88.6%

of occupied housing units are owner-occupied

Median Gross Rent

$2,032

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 07059 using local Census metrics.

Median Home Value$862,800
Down Payment (20%)$172,560
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$5,478P&I: $4363 | Tax: $863 | Ins: $252
Rent (Local Median)
$2,032
Renting is CheaperRenting is estimated to save you $3,446/month compared to buying costs.

How Does 07059 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 07059 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 07059, sorted by distance.

08812 2.9 mi away middlesex county 07946 3.1 mi away morris county 07980 3.4 mi away morris county 07069 4.0 mi away somerset county 07063 4.0 mi away union county 08846 4.1 mi away middlesex county 07933 4.9 mi away morris county 07060 5.0 mi away union county

About Somerset County

Somerset County is located in New Jersey and has a total population of 344,978. The county's median household income is $131,948 and median home value is $489,500. ZIP code 07059 is one of many ZCTAs within this county.

View all ZIP codes in Somerset County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.