| ZIP Code | 07501 |
|---|---|
| City | Paterson |
| State | New Jersey (NJ) |
| County | Passaic County |
| Area Code | 862/973 |
| Elevation | 127 ft |
| Latitude | 40.911998 |
|---|---|
| Longitude | -74.170965 |
| Timezone | New York (DST) |
| FIPS | 34031 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 31.3 yrs ↓ 5% since 2019 |
|---|---|
| Avg Household Size | 2.82 |
| Below Poverty | 27.6% ▲ 176% above avg |
| College Grads | 15.0% ▼ 61% below avg |
| Unemployment | 6.3% ▲ 28% above avg |
| No HS Diploma | 867 (5.3%) |
| HS Graduate | 9,002 (54.6%) |
| Some College | 1,238 (7.5%) |
| Associates | 2,912 (17.7%) |
| Bachelors | 614 (3.7%) |
| Graduate Degree | 1,865 (11.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $40,699 ▼ 47% below avg ↑ 34% since 2019 |
|---|---|
| Median Home Value | $304,400 ▲ 9% above avg ↑ 23% since 2019 |
| Home/Income Ratio | 7.5x (nat avg ~3.5x) |
| Median Rent | $1,442/mo ↑ 28% since 2019 |
| Total Units | 13,119 |
| Vacant Units | 784 |
| Avg HH Size | 2.82 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 13,119 |
|---|---|
| Vacant | 784 |
| Owner Occupied | 16.0% |
| Renter Occupied | 84.0% |
| Avg HH Size | 2.82 |
ZIP code 07501 is located in Paterson, New Jersey, within Passaic County. With a population of 35,321, this is a highly populated ZIP code with a relatively young community — the median age is 31.3 years. Economically, 07501 is a working-class ZIP code: the median household income of $40,699 is below the national average.
Real estate in ZIP code 07501 represents a mid-range housing market. The median home value of $304,400 is near the national average. Renters can expect to pay around $1,442 per month in median rent. This is predominantly a renter community, with 84.0% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 23% since 2019.
The population of 07501 is majority Hispanic (67.60%). Residents are less-educated — 15.0% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 27.6%. Household income has grown by 34% since 2019.
The unemployment rate in 07501 stands at 6.3%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 56%.
Overall, ZIP code 07501 in Paterson, NJ is characterized as working-class, less-educated, and a relatively young community. With 35,321 residents, a median household income of $40,699, and a median home value of $304,400, it offers a clear picture of life in this part of New Jersey.