ZIP Code 07078 Demographics

Essex County, New Jersey  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 07078 compared to county averages.

Total Population

14,287

↓ 98.3% vs county

Median HH Income

$250,001

↑ +238.8% vs county

Median Home Value

$1,566,500

↑ +235.8% vs county

Median Age

41.6 yrs

↓ +10.6% vs county

Unemployment Rate

4.5%

↑ 46.7% vs county

Income & Housing Comparison

How ZIP 07078 compares to Essex County and New Jersey overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 07078 $250k Essex $74k New Jersey $97k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 07078 $1.6M Essex $467k New Jersey $401k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

29.9%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

87.1%

of occupied housing units are owner-occupied

Median Gross Rent

$3,501

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 07078 using local Census metrics.

Median Home Value$1,566,500
Down Payment (20%)$313,300
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$9,945P&I: $7921 | Tax: $1567 | Ins: $457
Rent (Local Median)
$3,501
Renting is CheaperRenting is estimated to save you $6,444/month compared to buying costs.

How Does 07078 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 07078 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 07078, sorted by distance.

07041 2.2 mi away essex county 07901 2.5 mi away union county 07081 3.0 mi away union county 07088 3.1 mi away union county 07040 3.5 mi away essex county 07079 3.9 mi away essex county 07932 3.9 mi away morris county 07928 4.3 mi away morris county

About Essex County

Essex County is located in New Jersey and has a total population of 853,374. The county's median household income is $73,785 and median home value is $466,500. ZIP code 07078 is one of many ZCTAs within this county.

View all ZIP codes in Essex County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.