I don't really think it is...in Washington State for instance the highway through the Seattle suburbs is called "the four-oh-five" (there's a Death Cab For Cutie song about this one).
I think it might be different for area codes that end in a zero - I remember 610 (Philly area, where I grew up) usually being pronounced "six-ten". On the other hand, 215 was always "two-one-five", never "two-fifteen". But I agree for those with zero in the middle, like 404 or 305.