Zip Code
07960
City
Morristown, NJ
Population & Migration
What is the forecasted population for Zip code 07960 Morristown, NJ?
- Population census 2020
- 44,998
- Forecasted population 2025
- 46,501
- 3.3% vs. 2020
- Forecasted population 2030
- 47,130
- 4.7% vs. 2020
Zip code 07960 Morristown, NJ population is forecasted to decrease 3.3% by 2025 (-1.4 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 46,501 people for 2025 zip code 07960 Morristown, NJ will generate a good demand for housing, which is expected to have a deficit of 894 houses for 2030. Vacancy rate is 6.7 points below national US average.
- Total homes available 2020
- 18,871
- Estimated total home demand in 2030
- 19,765
- Total homes balance inventory
- 894
Average Household Income in zip code 07960 Morristown, NJ
from Internal Revenue Service
- Average household income in 2021
- $201,698
Affordability
- Affordability Index
- 3
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 07960 Morristown, NJ?
County total number of drinking water violations
1965
+747%
232
County total number of drinking water contaminations
53
+141%
22
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