| ZIP Code | 07504 |
|---|---|
| City | Paterson |
| State | New Jersey (NJ) |
| County | Passaic County |
| Area Code | 973 |
| Elevation | 65 ft |
| Latitude | 40.912433 |
|---|---|
| Longitude | -74.140689 |
| Timezone | New York (DST) |
| FIPS | 34031 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.8 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 3.41 |
| Below Poverty | 18.3% ▲ 83% above avg |
| College Grads | 26.0% ▼ 33% below avg |
| Unemployment | 10.5% ▲ 115% above avg |
| No HS Diploma | 176 (2.3%) |
| HS Graduate | 3,841 (50.2%) |
| Some College | 756 (9.9%) |
| Associates | 888 (11.6%) |
| Bachelors | 494 (6.5%) |
| Graduate Degree | 1,492 (19.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,269 ▼ 12% below avg ↑ 12% since 2019 |
|---|---|
| Median Home Value | $369,600 ▲ 33% above avg ↑ 29% since 2019 |
| Home/Income Ratio | 5.5x (nat avg ~3.5x) |
| Median Rent | $1,426/mo ↑ 12% since 2019 |
| Total Units | 4,105 |
| Vacant Units | 161 |
| Avg HH Size | 3.41 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,105 |
|---|---|
| Vacant | 161 |
| Owner Occupied | 38.3% |
| Renter Occupied | 61.7% |
| Avg HH Size | 3.41 |
ZIP code 07504 is located in Paterson, New Jersey, within Passaic County. With a population of 13,485, this is a lightly populated ZIP code with a relatively young community — the median age is 37.8 years. Economically, 07504 is a solidly middle-class ZIP code: the median household income of $67,269 is near the national average.
Real estate in ZIP code 07504 represents a mid-range housing market. The median home value of $369,600 is above the national average. Renters can expect to pay around $1,426 per month in median rent. This is predominantly a renter community, with 61.7% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 29% since 2019.
The population of 07504 is majority Hispanic (58.30%). Residents are moderately educated — 26.0% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 18.3%. Household income has grown by 12% since 2019.
The unemployment rate in 07504 stands at 10.5%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 66%.
Overall, ZIP code 07504 in Paterson, NJ is characterized as solidly middle-class, moderately educated, and a relatively young community. With 13,485 residents, a median household income of $67,269, and a median home value of $369,600, it offers a clear picture of life in this part of New Jersey.