ZIP Code 07055 Demographics

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

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 07055 compared to county averages.

Total Population

70,048

↓ 86.5% vs county

Median HH Income

$57,832

↓ 31.5% vs county

Median Home Value

$379,800

↓ 8.1% vs county

Median Age

30.5 yrs

↑ 19.3% vs county

Unemployment Rate

11.8%

↓ +50.8% vs county

Income & Housing Comparison

How ZIP 07055 compares to Passaic County and New Jersey overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 07055 $58k Passaic $84k New Jersey $97k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 07055 $380k Passaic $414k New Jersey $401k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

10.4%

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

Owner Occupancy

22.0%

of occupied housing units are owner-occupied

Median Gross Rent

$1,341

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 07055 using local Census metrics.

Median Home Value$379,800
Down Payment (20%)$75,960
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$2,411P&I: $1920 | Tax: $380 | Ins: $111
Rent (Local Median)
$1,341
Renting is CheaperRenting is estimated to save you $1,070/month compared to buying costs.

How Does 07055 Compare?

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Location & Neighboring Areas

Interactive map showing ZIP code 07055 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 07055, sorted by distance.

About Passaic County

Passaic County is located in New Jersey and has a total population of 519,986. The county's median household income is $84,465 and median home value is $413,500. ZIP code 07055 is one of many ZCTAs within this county.

View all ZIP codes in Passaic 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.