Zip Code

07305

City

Jersey City, NJ

Population & Migration

What is the forecasted population for Zip code 07305 Jersey City, NJ?

Population census 2020
66,595
Forecasted population 2025
72,162
8.4% vs. 2020
Forecasted population 2030
73,943
11% vs. 2020

Zip code 07305 Jersey City, NJ population is forecasted to grow 8.4% by 2025 (3.7 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 72,162 people for 2025 zip code 07305 Jersey City, NJ will generate a good demand for housing, which is expected to have a deficit of 2,817 houses for 2030. Vacancy rate is 3.1 points below national US average.

Total homes available 2020
25,536
Estimated total home demand in 2030
28,353
Total homes balance inventory
2,817

Average Household Income in zip code 07305 Jersey City, NJ
from Internal Revenue Service

Average household income in 2021
$93,331

Affordability

Affordability Index
5

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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Drinking water violations

How is the quality of drinking water in Zip code 07305 Jersey City, NJ?

County total number of drinking water violations

20

-92%

244

County total number of drinking water contaminations

7

-71%

24

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