Zip Code

07202

City

Elizabeth, NJ

Population & Migration

What is the forecasted population for Zip code 07202 Elizabeth, NJ?

Population census 2020
41,264
Forecasted population 2025
46,553
12.8% vs. 2020
Forecasted population 2030
49,190
19.2% vs. 2020

Zip code 07202 Elizabeth, NJ population is forecasted to grow 12.8% by 2025 (8.1 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 46,553 people for 2025 zip code 07202 Elizabeth, NJ will generate a good demand for housing, which is expected to have a deficit of 2,723 houses for 2030. Vacancy rate is 4.7 points below national US average.

Total homes available 2020
14,180
Estimated total home demand in 2030
16,903
Total homes balance inventory
2,723

Average Household Income in zip code 07202 Elizabeth, NJ
from Internal Revenue Service

Average household income in 2021
$72,205

Affordability

Affordability Index
6

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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Drinking water violations

How is the quality of drinking water in Zip code 07202 Elizabeth, NJ?

County total number of drinking water violations

13

-94%

234

County total number of drinking water contaminations

6

-74%

23

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