ZIP Code 07062 Demographics

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

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 07062 compared to county averages.

Total Population

14,253

↓ 97.5% vs county

Median HH Income

$90,477

↓ 4.8% vs county

Median Home Value

$348,700

↓ 23.9% vs county

Median Age

36.7 yrs

↑ 5.9% vs county

Unemployment Rate

11.0%

↓ +77.0% vs county

Income & Housing Comparison

How ZIP 07062 compares to Union County and New Jersey overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 07062 $90k Union $95k New Jersey $97k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 07062 $349k Union $458k New Jersey $401k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

22.4%

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

Owner Occupancy

63.4%

of occupied housing units are owner-occupied

Median Gross Rent

$1,674

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 07062 using local Census metrics.

Median Home Value$348,700
Down Payment (20%)$69,740
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$2,214P&I: $1763 | Tax: $349 | Ins: $102
Rent (Local Median)
$1,674
Renting is CheaperRenting is estimated to save you $540/month compared to buying costs.

How Does 07062 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 07062 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 07062, sorted by distance.

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 07062 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.