Zip Code

07102

City

Newark, NJ

Population & Migration

What is the forecasted population for Zip code 07102 Newark, NJ?

Population census 2020
13,581
Forecasted population 2025
14,100
3.8% vs. 2020
Forecasted population 2030
14,434
6.3% vs. 2020

Zip code 07102 Newark, NJ population is forecasted to decrease 3.8% by 2025 (-0.9 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 14,100 people for 2025 zip code 07102 Newark, NJ will generate a good demand for housing, which is expected to have a deficit of 380 houses for 2030. Vacancy rate is 4.6 points below national US average.

Total homes available 2020
6,046
Estimated total home demand in 2030
6,426
Total homes balance inventory
380

Average Household Income in zip code 07102 Newark, NJ
from Internal Revenue Service

Average household income in 2021
$56,987

Affordability

Affordability Index
7

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 07102 Newark, NJ?

County total number of drinking water violations

590

+161%

226

County total number of drinking water contaminations

36

+57%

23

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