ZIP Code 07023 Demographics

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

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 07023 compared to county averages.

Total Population

7,723

↓ 98.7% vs county

Median HH Income

$177,727

↑ +87.1% vs county

Median Home Value

$588,100

↑ +28.4% vs county

Median Age

43.6 yrs

↓ +11.8% vs county

Unemployment Rate

4.7%

↑ 23.9% vs county

Income & Housing Comparison

How ZIP 07023 compares to Union County and New Jersey overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 07023 $178k Union $95k New Jersey $97k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 07023 $588k Union $458k New Jersey $401k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

42.3%

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

Owner Occupancy

86.8%

of occupied housing units are owner-occupied

Median Gross Rent

$2,254

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 07023 using local Census metrics.

Median Home Value$588,100
Down Payment (20%)$117,620
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$3,734P&I: $2974 | Tax: $588 | Ins: $172
Rent (Local Median)
$2,254
Renting is CheaperRenting is estimated to save you $1,480/month compared to buying costs.

How Does 07023 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 07023 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 07023, sorted by distance.

07076 0.9 mi away union county 07062 1.2 mi away union county 07090 2.3 mi away union county 07060 2.6 mi away union county 07069 2.8 mi away somerset county 07092 3.0 mi away union county 07922 3.2 mi away union county 07027 3.4 mi away union county

About Union County

Union County is located in New Jersey and has a total population of 572,079. The county's median household income is $95,000 and median home value is $458,000. ZIP code 07023 is one of many ZCTAs within this county.

View all ZIP codes in Union 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.