Zip Code

07848

City

Lafayette, NJ

Population & Migration

What is the forecasted population for Zip code 07848 Lafayette, NJ?

Population census 2020
4,631
Forecasted population 2025
4,460
-0.04% vs. 2020
Forecasted population 2030
4,369
-0.06% vs. 2020

Zip code 07848 Lafayette, NJ population is forecasted to decrease -0.04% by 2025 (-8.4 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 4,460 people for 2025 zip code 07848 Lafayette, NJ will generate a good demand for housing, which is expected to have an excess of -99 houses for 2030. Vacancy rate is 5.3 points below national US average.

Total homes available 2020
1,757
Estimated total home demand in 2030
1,657
Total homes balance inventory
-99

Average Household Income in zip code 07848 Lafayette, NJ
from Internal Revenue Service

Average household income in 2021
$130,210

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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Drinking water violations

How is the quality of drinking water in Zip code 07848 Lafayette, NJ?

County total number of drinking water violations

1811

+642%

244

County total number of drinking water contaminations

54

+125%

24

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