ZIP Code 07023 — Fanwood, NJ

Union | 2024 Census Data

Key Takeaway

ZIP code 07023 in Fanwood, NJ has a population of 7,799 with a median household income of $195,529 and a median home value of $635,200 . The cost of living index is 217.7 (national average = 100).

Population & Age

Total Population
7,799
Median Age
43.40
Male
3,776
Female
4,023

Race & Ethnicity

White
73.6%
Black
4.5%
Hispanic
11.3%
Asian
6.9%
Native American
0.5%
Pacific Islander
0.0%
Two or More
13.5%
Other
1.0%

Income

Median Household
$195,529
Mean Household
$198,434
Per Capita
$72,810
Below Poverty
1.0%

Housing

Median Home Value
$635,200
Median Rent
$2,446
Total Units
2,898
Occupied
2,835
Owner Occupied
84.9%
Renter Occupied
15.1%
Median Year Built
1954
Vacant
63

Education

High School or Higher 96.9%
Bachelor's or Higher 73.0%
Graduate Degree 28.2%

Employment & Commuting

Labor Force
4,266
Unemployment
2.7%
Drive Alone
61.9%
Public Transit
10.2%
Work from Home
26.1%
Avg Commute
N/A

Cost of Living Index

217.7
National average = 100. Above average by 117.7%.

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Frequently Asked Questions

What is the population of ZIP code 07023?

ZIP code 07023 (Fanwood, NJ) has a total population of 7,799 according to the 2024 American Community Survey.

What is the median household income in ZIP code 07023?

The median household income in ZIP code 07023 is $195,529 per year, based on 2024 Census Bureau data.

What city is ZIP code 07023 in?

ZIP code 07023 is primarily located in Fanwood, New Jersey (NJ).

What is the median home value in ZIP code 07023?

The median home value in ZIP code 07023 is $635,200, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 07023?

The median age in ZIP code 07023 is 43.40 years, compared to the national median of 38.9 years.