ZIP Code 07018 — Demographics & Housing Data 2023

Overview

If you're considering ZIP code 07018 for your next home, investment property, or business location, understanding the area's demographics and housing landscape is essential. Located in East Orange, New Jersey, this ZIP code offers a diverse community with unique opportunities and challenges. This snapshot, based on 2023 data, provides a clear picture of population trends, income levels, housing costs, and racial composition to help you make informed decisions. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 07018.

Population & Households

ZIP 07018 is home to a population of 28,261 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 12,098 households, reflecting a mix of family structures and living arrangements. With 13,107 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle in this area. This balance between population and housing stock is a key factor for anyone evaluating the community's capacity for growth or stability.

Income & Housing Costs

The median household income in ZIP 07018 stands at $59,039, which offers a glimpse into the economic profile of the area. This income level suggests a working-class community with moderate earning power, which may influence affordability for potential homebuyers or the customer base for local businesses. On the housing front, the median house value is $314,100, positioning ZIP 07018 as a relatively accessible market compared to higher-priced regions in New Jersey. For renters, the median rent is $1,410 per month, reflecting a significant but manageable cost for many households. These figures are critical for assessing whether this area aligns with your financial goals or investment strategy.

Race & Ethnicity

The racial and ethnic composition of ZIP 07018 highlights a predominantly Black community, with 83.49% of residents identifying as Black. This is complemented by smaller percentages of other groups, including 6.64% Hispanic, 2.49% Asian, and 1.57% White residents. This diversity shapes the cultural fabric of the area, influencing everything from local businesses to community events. For investors and business owners, understanding this demographic makeup can help tailor offerings or marketing strategies to resonate with the majority of residents, while homebuyers may appreciate the strong sense of community identity that often accompanies such a composition.

Key Facts

• Total population: 28,261 residents in ZIP 07018 as of 2023.
• Total households: 12,098, indicating a mix of family and individual living arrangements.
• Total housing units: 13,107, suggesting some availability for new occupants.
• Median household income: $59,039, reflecting a moderate economic base.
• Median house value: $314,100, offering a relatively affordable entry point for buyers.
• Median rent: $1,410 per month, a key consideration for renters and investors.
• Racial composition: Predominantly Black (83.49%), with smaller Hispanic (6.64%), Asian (2.49%), and White (1.57%) populations.

What This Means for You

For homebuyers, ZIP 07018 presents an opportunity to enter a market with a median house value of $314,100, which may be more attainable than other parts of New Jersey. The slight surplus of housing units could mean less competition for available properties, though it’s wise to assess neighborhood-specific conditions. Investors and real estate agents will find value in the rental market, where a median rent of $1,410 suggests steady demand—ideal for buy-to-rent strategies. Small-business owners should note the predominantly Black demographic and moderate income levels, which can inform product offerings or services tailored to community needs. Analysts can use this data as a baseline for deeper studies into economic trends or housing turnover in ZIP 07018, ensuring decisions are grounded in current realities.

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