Zip Code

07107

City

Newark, NJ

Population & Migration

What is the forecasted population for Zip code 07107 Newark, NJ?

Population census 2020
37,943
Forecasted population 2025
41,956
10.6% vs. 2020
Forecasted population 2030
43,036
13.4% vs. 2020

Zip code 07107 Newark, NJ population is forecasted to grow 10.6% by 2025 (5.9 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 41,956 people for 2025 zip code 07107 Newark, NJ will generate a good demand for housing, which is expected to have a deficit of 2,016 houses for 2030. Vacancy rate is 2.6 points below national US average.

Total homes available 2020
15,024
Estimated total home demand in 2030
17,040
Total homes balance inventory
2,016

Average Household Income in zip code 07107 Newark, NJ
from Internal Revenue Service

Average household income in 2021
$56,631

Affordability

Affordability Index
8

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 07107 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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