Zip Code
07023
City
Fanwood, NJ
Population & Migration
What is the forecasted population for Zip code 07023 Fanwood, NJ?
- Population census 2020
- 7,686
- Forecasted population 2025
- 7,736
- 0.01% vs. 2020
- Forecasted population 2030
- 7,933
- 0.03% vs. 2020
Zip code 07023 Fanwood, NJ population is forecasted to decrease 0.01% by 2025 (-4.1 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 7,736 people for 2025 zip code 07023 Fanwood, NJ will generate a good demand for housing, which is expected to have a deficit of 85 houses for 2030. Vacancy rate is 9.8 points below national US average.
- Total homes available 2020
- 2,658
- Estimated total home demand in 2030
- 2,743
- Total homes balance inventory
- 85
Average Household Income in zip code 07023 Fanwood, NJ
from Internal Revenue Service
- Average household income in 2021
- $195,895
Affordability
- Affordability Index
- 3
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 07023 Fanwood, NJ?
County total number of drinking water violations
13
-95%
244
County total number of drinking water contaminations
6
-75%
24
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