| ZIP Code | 07524 |
|---|---|
| City | Paterson |
| State | New Jersey (NJ) |
| County | Passaic County |
| Area Code | 201/973 |
| Elevation | 68 ft |
| Latitude | 40.931711 |
|---|---|
| Longitude | -74.15687 |
| Timezone | New York (DST) |
| FIPS | 34031 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 31.9 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 3.32 |
| Below Poverty | 24.8% ▲ 148% above avg |
| College Grads | 19.8% ▼ 49% below avg |
| Unemployment | 10.8% ▲ 120% above avg |
| No HS Diploma | 229 (3.3%) |
| HS Graduate | 4,017 (57.4%) |
| Some College | 546 (7.8%) |
| Associates | 820 (11.7%) |
| Bachelors | 319 (4.6%) |
| Graduate Degree | 1,068 (15.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $50,033 ▼ 34% below avg ↑ 29% since 2019 |
|---|---|
| Median Home Value | $360,200 ▲ 29% above avg ↑ 39% since 2019 |
| Home/Income Ratio | 7.2x (nat avg ~3.5x) |
| Median Rent | $1,386/mo ↑ 18% since 2019 |
| Total Units | 4,670 |
| Vacant Units | 248 |
| Avg HH Size | 3.32 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,670 |
|---|---|
| Vacant | 248 |
| Owner Occupied | 21.7% |
| Renter Occupied | 78.3% |
| Avg HH Size | 3.32 |
ZIP code 07524 is located in Paterson, New Jersey, within Passaic County. With a population of 14,676, this is a lightly populated ZIP code with a relatively young community — the median age is 31.9 years. Economically, 07524 is a working-class ZIP code: the median household income of $50,033 is below the national average.
Real estate in ZIP code 07524 represents a mid-range housing market. The median home value of $360,200 is above the national average. Renters can expect to pay around $1,386 per month in median rent. This is predominantly a renter community, with 78.3% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 39% since 2019.
The population of 07524 is primarily Hispanic (72.18%). Residents are less-educated — 19.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 24.8%. Household income has grown by 29% since 2019.
The unemployment rate in 07524 stands at 10.8%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 64%.
Overall, ZIP code 07524 in Paterson, NJ is characterized as working-class, less-educated, and a relatively young community. With 14,676 residents, a median household income of $50,033, and a median home value of $360,200, it offers a clear picture of life in this part of New Jersey.