ZIP 07013 - 860Z200US07013 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 07013, located in Clifton, New Jersey, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial space, understanding ZIP 07013’s profile is the first step to success.

Population & Households

ZIP 07013 is home to a population of 29,419 residents, making it a moderately sized community with a mix of urban and suburban vibes. These individuals are distributed across 11,660 households, reflecting a diverse range of family structures and living arrangements. With 12,005 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking for opportunities in this established neighborhood.

Income & Housing Costs

Financially, ZIP 07013 stands out with a median household income of $119,291, suggesting a relatively affluent community compared to national averages. This income level supports a robust local economy, which can be a draw for businesses and investors. On the housing front, the median home value is $462,700, reflecting a competitive real estate market that aligns with the area’s higher income bracket. For renters, the median rent is $1,696 per month, indicating a significant cost for those not ready to buy. These figures highlight ZIP 07013 as a place where both owning and renting come with a notable financial commitment, but the income levels suggest many residents can sustain these costs.

Race & Ethnicity

The demographic makeup of ZIP 07013 showcases a diverse community, which can enrich the cultural fabric and appeal to a wide range of people. The racial composition includes 58.02% White, 2.23% Black, 10.18% Asian, and 25.57% Hispanic residents. This diversity indicates a multicultural environment, which could be a significant factor for families seeking inclusive schools, businesses aiming to serve varied customer bases, or investors looking at long-term community growth. The blend of backgrounds in ZIP 07013 creates a dynamic social landscape worth considering.

Key Facts

• Total population: 29,419 residents, offering a sizable community for engagement or market reach.
• Total households: 11,660, indicating a strong base of potential customers or tenants.
• Total housing units: 12,005, suggesting some availability for new occupants or investment properties.
• Median household income: $119,291, reflecting a financially stable population.
• Median home value: $462,700, pointing to a competitive yet valuable real estate market.
• Median rent: $1,696, a significant cost that aligns with the area’s income levels.
• Racial diversity: 58.02% White, 25.57% Hispanic, 10.18% Asian, and 2.23% Black, showcasing a multicultural community.

What This Means for You

For homebuyers, ZIP 07013 offers a stable, affluent community with a median home value of $462,700, which could be a solid long-term investment given the area’s income levels. However, be prepared for a competitive market and ensure your budget aligns with these prices. Real estate investors and agents will find opportunities in the slight surplus of housing units (12,005 vs. 11,660 households), potentially allowing for rental or flip properties, especially with a median rent of $1,696 attracting reliable tenants. Small-business owners can tap into a diverse, financially capable population of 29,419, ideal for retail, services, or dining ventures that cater to varied cultural tastes. Analysts will appreciate the balanced demographics and economic indicators, which suggest ZIP 07013 is a community with growth potential and stability. Tailor your strategies to leverage the area’s diversity and purchasing power for maximum impact.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 07013? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, housing, and income metrics tailored to your needs.
• Use the insights to inform your homebuying, investment, or business decisions with confidence and precision.