The basics
Total Population
17,610
Median Age
35.3
Home values & property tax
Ranked against U.S. ZIP codes.
Median Home Value
$940,900
Median Property Tax
$10,001
Effective Tax Rate
1%
Cost of living & affordability
Ranked against U.S. ZIP codes.
Price-to-Income Ratio
5.45
Median Rent
$2,251
Home prices & appreciation
Ranked against U.S. ZIP codes.
HPI Growth 5yr %
46%
Appreciation 1yr %
9%
Pandemic Gain %
28%
Recession Drop %
-7%
Climate & weather
Ranked against U.S. ZIP codes.
Summer Avg High (°F)
84.2
Winter Avg Low (°F)
24.2
Avg Temperature (°F)
53.3
Hot Days/yr (>90°F)
28.8
Freezing Days/yr (<32°F)
117.7
Annual Precipitation (in)
49.8
Annual Snowfall (in)
24
Flood & disaster risk
Ranked against U.S. ZIP codes.
FEMA Risk Score
30.7
The full report
Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.
People
Work & Money
Housing
Amenities
Environment & Risk
ZIP Code 07940: frequently asked questions
- What is the median home value in ZIP Code 07940?
- The median home value in ZIP Code 07940 is $940,900, higher than 97% of U.S. ZIP codes.
- How much is property tax in ZIP Code 07940?
- The median annual property tax in ZIP Code 07940 is $10,001, an effective rate of 1% of home value.
- Is ZIP Code 07940 expensive to live in?
- Homes in ZIP Code 07940 cost about 5.45× the median household income, higher than 89% of U.S. ZIP codes.
- What is the average rent in ZIP Code 07940?
- The median gross rent in ZIP Code 07940 is $2,251 a month, higher than 96% of U.S. ZIP codes.
- How much have home prices grown in ZIP Code 07940?
- Home prices in ZIP Code 07940 have moved 46% over the past five years (9% in the past year), per the FHFA House Price Index.
- What is the weather like in ZIP Code 07940?
- ZIP Code 07940 averages 53.3°F year-round, summer highs near 84.2°F, winter lows around 24.2°F (NOAA 1991–2020 normals). It sees about 24 inches of snow a year.
- Is ZIP Code 07940 at risk of flooding or natural disasters?
- ZIP Code 07940's FEMA National Risk Index score is 30.7 (lower than 84% of U.S. ZIP codes). Its greatest modeled natural hazard is earthquake.
Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →