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ZIP Code 07003

Essex, New Jersey

ZCTA 07003

Juniper

ZIP Code 07003 is in the lowest 27% nationally for FEMA risk score. It also sits in the highest 12% nationally for median rent. And it sits in the highest 17% nationally for median income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$586,369

Higher than 82% of U.S. ZIP codes
Home Price Growth, Past Five Years

58%

Higher than 65% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

46.3

Lower than 73% of U.S. ZIP codes

The boundary of ZIP Code 07003, in Essex, New Jersey.

The basics

Total Population

53,771

Median Age

37.5

Population Density

10,109.16

Home values & property tax

Median Property Tax

$10,001

Property Tax Rateyearly tax as a share of home value

—

The Census publishes home values only up to $2 million and incomes up to $250,000, so this ratio cannot be worked out for the most expensive areas.

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

4.54×

Higher than 79% of U.S. ZIP codes
Median Income

$103,663

Higher than 83% of U.S. ZIP codes
Median Rent

$1,824

Higher than 88% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

4.9%

Higher than 62% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

44%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

26%

Climate & weather

Summer Avg High (°F)

84.3

Winter Avg Low (°F)

27.2

Avg Temperature (°F)

54.8

Hot Days/yr (>90°F)

31.1

Freezing Days/yr (<32°F)

82.5

Annual Precipitation (in)

52.4

Annual Snowfall (in)

28.2

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 07003: frequently asked questions

What is the typical home value in ZIP Code 07003?
The estimated median home value in ZIP Code 07003 today is $586,369, higher than 82% of U.S. ZIP codes.
How much is property tax in ZIP Code 07003?
The median annual property tax in ZIP Code 07003 is $10,001.
Is ZIP Code 07003 expensive to live in?
Homes in ZIP Code 07003 cost about 4.54× the median household income, higher than 79% of U.S. ZIP codes.
What is the average rent in ZIP Code 07003?
The median gross rent in ZIP Code 07003 is $1,824 a month, higher than 88% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 07003?
Home prices in ZIP Code 07003 have moved 58% over the past five years (4.9% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 07003?
ZIP Code 07003 has a population of 53,771, about 10,109.16 people per square mile, per the U.S. Census American Community Survey. The median age is 37.5.
What is the weather like in ZIP Code 07003?
ZIP Code 07003 averages 54.8°F year-round, summer highs near 84.3°F, winter lows around 27.2°F (NOAA 1991–2020 normals). It sees about 28.2 inches of snow a year.
Is ZIP Code 07003 at risk of flooding or natural disasters?
ZIP Code 07003's FEMA National Risk Index score is 46.3 (lower than 73% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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