| ZIP Code | 07502 |
|---|---|
| City | Paterson |
| State | New Jersey (NJ) |
| County | Passaic County |
| Area Code | 973 |
| Elevation | 124 ft |
| Latitude | 40.919659 |
|---|---|
| Longitude | -74.195028 |
| Timezone | New York (DST) |
| FIPS | 34031 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.2 yrs ↓ 2% since 2019 |
|---|---|
| Avg Household Size | 3.75 |
| Below Poverty | 22.3% ▲ 123% above avg |
| College Grads | 27.4% ▼ 29% below avg |
| Unemployment | 16.7% ▲ 242% above avg |
| No HS Diploma | 500 (5.6%) |
| HS Graduate | 4,353 (48.7%) |
| Some College | 821 (9.2%) |
| Associates | 811 (9.1%) |
| Bachelors | 782 (8.8%) |
| Graduate Degree | 1,666 (18.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $68,649 ▼ 10% below avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $347,200 ▲ 25% above avg ↑ 47% since 2019 |
| Home/Income Ratio | 5.1x (nat avg ~3.5x) |
| Median Rent | $1,492/mo ↑ 16% since 2019 |
| Total Units | 4,861 |
| Vacant Units | 199 |
| Avg HH Size | 3.75 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,861 |
|---|---|
| Vacant | 199 |
| Owner Occupied | 53.0% |
| Renter Occupied | 47.0% |
| Avg HH Size | 3.75 |
ZIP code 07502 is located in Paterson, New Jersey, within Passaic County. With a population of 17,488, this is a moderately populated ZIP code with a relatively young community — the median age is 33.2 years. Economically, 07502 is a solidly middle-class ZIP code: the median household income of $68,649 is near the national average.
Real estate in ZIP code 07502 represents a mid-range housing market. The median home value of $347,200 is above the national average. Renters can expect to pay around $1,492 per month in median rent. The area has a relatively balanced mix of owners (53.0%) and renters (47.0%). Median home values have increased by 47% since 2019.
The population of 07502 is majority Hispanic (50.13%). Residents are moderately educated — 27.4% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 22.3%. Household income has grown by 25% since 2019.
The unemployment rate in 07502 stands at 16.7%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 75%.
Overall, ZIP code 07502 in Paterson, NJ is characterized as solidly middle-class, moderately educated, and a relatively young community. With 17,488 residents, a median household income of $68,649, and a median home value of $347,200, it offers a clear picture of life in this part of New Jersey.