Zip Code

07104

City

Newark, NJ

Population & Migration

What is the forecasted population for Zip code 07104 Newark, NJ?

Population census 2020
51,084
Forecasted population 2025
57,037
11.7% vs. 2020
Forecasted population 2030
60,566
18.6% vs. 2020

Zip code 07104 Newark, NJ population is forecasted to grow 11.7% by 2025 (7.0 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 57,037 people for 2025 zip code 07104 Newark, NJ will generate a good demand for housing, which is expected to have a deficit of 3,709 houses for 2030. Vacancy rate is 3.2 points below national US average.

Total homes available 2020
19,983
Estimated total home demand in 2030
23,692
Total homes balance inventory
3,709

Average Household Income in zip code 07104 Newark, NJ
from Internal Revenue Service

Average household income in 2021
$62,090

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 07104 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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