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ZIP Code 07981

Morris, New Jersey

FIPS 07981

Juniper

ZIP Code 07981 is in the top 18% nationally for appreciation 1yr %, but in the bottom 24% nationally for price-to-income ratio. It also sits in the 98th percentile nationally for median rent. And it sits in the 92th percentile nationally for median home value.

Median Home Value

$614,100

Higher than 92% of U.S. ZIP codes

HPI Growth 5yr %

41%

Higher than 62% of U.S. ZIP codes

FEMA Risk Score

56.5

Lower than 61% of U.S. ZIP codes

The basics

Total Population

9,030

Median Age

49.7

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$614,100

Higher than 92%

Median Property Tax

$8,776

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

4.1

Higher than 76%

Median Rent

$2,556

Higher than 98%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

41%

Higher than 62%

Appreciation 1yr %

4.5%

Higher than 82%

Pandemic Gain %

28%

Recession Drop %

-17%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

83.2

Winter Avg Low (°F)

22.9

Avg Temperature (°F)

51.8

Hot Days/yr (>90°F)

16.2

Freezing Days/yr (<32°F)

123.9

Annual Precipitation (in)

50.2

Annual Snowfall (in)

24

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

56.5

Lower than 61%

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 07981: frequently asked questions

What is the median home value in ZIP Code 07981?
The median home value in ZIP Code 07981 is $614,100, higher than 92% of U.S. ZIP codes.
How much is property tax in ZIP Code 07981?
The median annual property tax in ZIP Code 07981 is $8,776, an effective rate of 1% of home value.
Is ZIP Code 07981 expensive to live in?
Homes in ZIP Code 07981 cost about 4.1× the median household income, higher than 76% of U.S. ZIP codes.
What is the average rent in ZIP Code 07981?
The median gross rent in ZIP Code 07981 is $2,556 a month, higher than 98% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 07981?
Home prices in ZIP Code 07981 have moved 41% over the past five years (4.5% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 07981?
ZIP Code 07981 averages 51.8°F year-round, summer highs near 83.2°F, winter lows around 22.9°F (NOAA 1991–2020 normals). It sees about 24 inches of snow a year.
Is ZIP Code 07981 at risk of flooding or natural disasters?
ZIP Code 07981's FEMA National Risk Index score is 56.5 (lower than 61% 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 →