ZIP Code 07504 -- Paterson, NJ

Passaic | 2024 American Community Survey Data

Key Insights

  • With 58.94% Hispanic/Latino population, this is a predominantly Hispanic community with deep cultural roots.

Quick Overview

Population
13,123
Unknown
Median Income
$76,659
Home Value
$381,600
Median Rent
$1,526
Median Age
36.80
Diversity Index
73.30
Very High
Cost of Living
132.6
significantly above average
Unemployment
10.0%

About ZIP Code 07504

ZIP code 07504 in Paterson, New Jersey is a unknown area with a population of 13,123. The median household income is $76,659, which is This is 2% above the national median of $75,000.. The median home value is $381,600, representing a price-to-income ratio of 5x . The cost of living is significantly above average with an index of 132.6 (the national average is 100). Residents have a median age of 36.80 years. Approximately 14.3% of adults hold a bachelor's degree or higher. This ZIP code is located in Passaic, NJ.

Population & Age

Total Population
13,123
Median Age
36.80
Male Population
6,462
49.2%
Female Population
6,661
50.8%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
73.30 Very High
White
2.5%
Black or African American
40.5%
Hispanic or Latino
58.9%
Asian
0.4%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
31.2%
Other Race
25.4%

Racial Composition

Income & Economy

Median Household Income
$76,659
Mean Household Income
$101,885
Per Capita Income
$29,381
Below Poverty Line
15.6%

This is 2% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$381,600
Median Rent
$1,526
Total Housing Units
3,835
Occupied Units
3,695
Vacant Units
140
3.7% vacancy
Median Year Built
1938
Owner Occupied
40.2%
Renter Occupied
59.8%
Price-to-Income Ratio 5x

Moderately affordable

Ownership vs Rental

Owner 40.2% Renter 59.8%

Education

High School Diploma or Higher 81.3%
Bachelor's Degree or Higher 14.3%
Graduate or Professional Degree 5.3%

Employment & Commuting

Civilian Labor Force
6,148
Employment Rate
90.0%
Unemployment Rate
10.0%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
64.1%
Carpool
9.0%
Public Transit
10.7%
Work from Home
8.6%

Cost of Living Index

132.6
significantly above average

The cost of living in ZIP code 07504 is 32.6% above the national average of 100.

0 National Avg (100) 200

Compare 07504 with:

Compare 07504 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Paterson

ZIP Code Population Median Income Home Value
07501 35,481 $44,300 $333,800
07522 23,040 $48,058 $290,900
07514 20,647 $70,205 $342,900
07503 19,170 $60,443 $350,900
07502 17,158 $76,790 $375,300
07524 13,808 $49,103 $377,500

Other ZIP Codes in Passaic

ZIP Code City Population Median Income
07055 Passaic 70,002 $55,371
07470 Wayne 54,112 $153,056
07011 Clifton 38,587 $74,194
07501 Paterson 35,481 $44,300
07013 Clifton 30,811 $116,273
07424 West paterson 28,085 $105,050

Frequently Asked Questions about ZIP Code 07504

ZIP code 07504 (Paterson, NJ) has a total population of 13,123 according to the 2024 American Community Survey. The median age is 36.80 years.

The median household income in ZIP code 07504 is $76,659 per year, based on 2024 Census Bureau data. This is 2% above the national median of $75,000.

ZIP code 07504 is primarily located in Paterson, New Jersey (NJ). It falls within Passaic County.

The median home value in ZIP code 07504 is $381,600, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,526.

The median age in ZIP code 07504 is 36.80 years, compared to the national median of 38.9 years. This makes the area younger than the national average.

ZIP code 07504 has a cost of living index of 132.64 (national average = 100). This means the cost of living is significantly above average compared to the national average.

In ZIP code 07504, 14.27% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 5.31% hold a graduate or professional degree.

The unemployment rate in ZIP code 07504 is 9.99%, which is above the national average of 3.6%. About 8.64% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.