ZIP 07109 - 860Z200US07109 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 07109 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in Belleville, New Jersey, this area offers a diverse community and a range of housing options. With data from 2023, this snapshot provides a clear picture of population trends, income levels, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers for 07109 and uncover what makes this area unique.

Population & Households

ZIP code 07109 is home to a population of 37,785 residents as of 2023. This sizable community is distributed across 14,151 households, reflecting a mix of family and individual living arrangements. The total number of housing units in the area stands at 15,045, indicating a slight surplus of available properties relative to occupied households. This could suggest opportunities for prospective buyers or renters looking to settle in the area, as well as for investors eyeing vacant units.

Income & Housing Costs

The median household income in ZIP 07109 is $90,164, a figure that positions this area as a relatively affluent community within the region. This income level supports a robust local economy, which can be a draw for small businesses seeking a stable customer base. On the housing front, the median house value is $405,500, reflecting a competitive real estate market that may appeal to buyers looking for long-term value or investors seeking appreciation potential. For renters, the median rent is $1,596 per month, which aligns with the income levels and suggests a balanced rental market for those not ready to buy.

Race & Ethnicity

ZIP 07109 boasts a richly diverse population, with a racial and ethnic composition that highlights its multicultural fabric. The largest demographic group is Hispanic, making up 52.95% of the population, followed by White residents at 29.88%. Asian individuals account for 8.47%, while Black residents represent 5.16%. This diversity can be a significant asset for businesses aiming to cater to varied cultural preferences and for families seeking an inclusive community environment.

Key Facts

• Total population in ZIP 07109: 37,785 residents.
• Total households: 14,151, with 15,045 total housing units available.
• Median household income: $90,164, indicating strong local earning power.
• Median house value: $405,500, reflecting a competitive housing market.
• Median rent: $1,596 per month, suitable for a range of renter budgets.
• Dominant ethnic group: Hispanic at 52.95%, showcasing significant diversity.
• Other racial groups: White (29.88%), Asian (8.47%), and Black (5.16%).

What This Means for You

For homebuyers, ZIP 07109 offers a vibrant, diverse community with a median house value of $405,500, which could represent a solid investment given the area’s income stability. The slight surplus of housing units (15,045 total versus 14,151 households) might provide some negotiating room in a competitive market. Real estate investors and agents can find potential in this area, particularly with the income levels supporting both rental and purchase demand—median rent at $1,596 suggests a steady rental market for those targeting tenants.

Small-business owners will appreciate the diverse demographic makeup, especially the large Hispanic population (52.95%), which could inform targeted marketing or product offerings. The median household income of $90,164 also indicates disposable income for local spending, a key factor for retail or service-based businesses. Analysts studying market trends will find the balanced housing and income metrics useful for forecasting growth or identifying underserved niches in 07109.

Run This Study Yourself

Want to explore ZIP 07109 or another area in greater detail? Follow these simple steps to get personalized insights:

• Visit ZipcodeGPT to access powerful demographic and housing data tools.
• Enter any ZIP code to generate a comprehensive report tailored to your needs.
• Use the insights to make informed decisions for buying, investing, or starting a business.