| ZIP Code | 07407 |
|---|---|
| City | Elmwood Park |
| State | New Jersey (NJ) |
| County | Bergen County |
| Area Code | 201/551 |
| Elevation | 45 ft |
| Latitude | 40.904526 |
|---|---|
| Longitude | -74.119514 |
| Timezone | New York (DST) |
| FIPS | 34003 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.9 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.92 |
| Below Poverty | 9.9% ≈ Avg |
| College Grads | 46.7% ▲ 20% above avg |
| Unemployment | 7.4% ▲ 51% above avg |
| No HS Diploma | 319 (2.2%) |
| HS Graduate | 4,819 (33.5%) |
| Some College | 1,240 (8.6%) |
| Associates | 1,288 (9%) |
| Bachelors | 1,446 (10.1%) |
| Graduate Degree | 5,264 (36.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $100,852 ▲ 32% above avg ↑ 30% since 2019 |
|---|---|
| Median Home Value | $456,000 ▲ 64% above avg ↑ 26% since 2019 |
| Home/Income Ratio | 4.5x (nat avg ~3.5x) |
| Median Rent | $2,025/mo ↑ 22% since 2019 |
| Total Units | 7,561 |
| Vacant Units | 294 |
| Avg HH Size | 2.92 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,561 |
|---|---|
| Vacant | 294 |
| Owner Occupied | 57.4% |
| Renter Occupied | 42.6% |
| Avg HH Size | 2.92 |
ZIP code 07407 is located in Elmwood Park, New Jersey, within Bergen County. With a population of 21,287, this is a moderately populated ZIP code with a middle-aged community — the median age is 39.9 years. Economically, 07407 is a upper-middle-income ZIP code: the median household income of $100,852 is above the national average.
Real estate in ZIP code 07407 represents a premium housing market. The median home value of $456,000 is significantly above the national average. Renters can expect to pay around $2,025 per month in median rent. The area has a relatively balanced mix of owners (57.4%) and renters (42.6%). Median home values have increased by 26% since 2019.
The population of 07407 is racially diverse, with White as the largest group at 48.8%. Residents are well-educated — 46.7% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 9.9%. Household income has grown by 30% since 2019.
The unemployment rate in 07407 stands at 7.4%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 07407 in Elmwood Park, NJ is characterized as upper-middle-income, well-educated, and a middle-aged community. With 21,287 residents, a median household income of $100,852, and a median home value of $456,000, it offers a clear picture of life in this part of New Jersey.