Zip Code

07055

City

Passaic, NJ

Population & Migration

What is the forecasted population for Zip code 07055 Passaic, NJ?

Population census 2020
69,842
Forecasted population 2025
70,364
0.7% vs. 2020
Forecasted population 2030
71,874
2.9% vs. 2020

Zip code 07055 Passaic, NJ population is forecasted to decrease 0.7% by 2025 (-4.0 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 70,364 people for 2025 zip code 07055 Passaic, NJ will generate a good demand for housing, which is expected to have a deficit of 601 houses for 2030. Vacancy rate is 6.5 points below national US average.

Total homes available 2020
20,662
Estimated total home demand in 2030
21,263
Total homes balance inventory
601

Average Household Income in zip code 07055 Passaic, NJ
from Internal Revenue Service

Average household income in 2021
$70,382

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 07055 Passaic, NJ?

County total number of drinking water violations

719

+218%

226

County total number of drinking water contaminations

46

+100%

23

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