ZIP Code 07976 — New Vernon CDP, NJ Demographics & Data

ZIP code 07976 covers New Vernon, NJ in Morris County with a population of about 330.

At a glance, the area shows median age of 53.2 versus a U.S. median of about 38.9.

It sits in telephone area codes 862, 908, 973; U.S. House district NJ-11; the NEW YORK media market.

Median household income in ZIP 07976 is about $110,985 — about 48% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 19.4%; unemployment rate near 0.0%; 52.0% of adults with a bachelor’s degree or higher (about 18.3 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Food services, Real estate, and Finance and insurance; about 14.8% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 127.0 minutes (U.S. average near 26.8).

Median home value is about $1,375,000 — about 295% above the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 62.2% (about 3.2 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 07976 in New Vernon, NJ, a household would need roughly $379,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $8,833. That is about 241% above the local median household income ($110,985), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for New Vernon CDP, NJ as Relatively Moderate (composite score 92.9), which is among the highest nationally. The strongest component scores on US5 are flood (96.3) and hurricane (85.2). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for New Vernon CDP, NJ show little to no average snow and around 50.4 inches of annual precipitation.

IRS migration statistics show a net inflow of about 21 for ZIP 07976 (New Vernon CDP, NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.