Zip Code

07304

City

Jersey City, NJ

Population & Migration

What is the forecasted population for Zip code 07304 Jersey City, NJ?

Population census 2020
43,554
Forecasted population 2025
55,358
27.1% vs. 2020
Forecasted population 2030
61,892
42.1% vs. 2020

Zip code 07304 Jersey City, NJ population is forecasted to grow 27.1% by 2025 (22.4 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 55,358 people for 2025 zip code 07304 Jersey City, NJ will generate a good demand for housing, which is expected to have a deficit of 7,201 houses for 2030. Vacancy rate is 0.8 points below national US average.

Total homes available 2020
17,102
Estimated total home demand in 2030
24,303
Total homes balance inventory
7,201

Average Household Income in zip code 07304 Jersey City, NJ
from Internal Revenue Service

Average household income in 2021
$85,136

Affordability

Affordability Index
5

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 07304 Jersey City, NJ?

County total number of drinking water violations

20

-91%

226

County total number of drinking water contaminations

7

-70%

23

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