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ZIP Code 07003

Essex, New Jersey

FIPS 07003

Juniper

ZIP Code 07003 is in the top 17% nationally for HPI growth 5yr %, but in the bottom 19% nationally for price-to-income ratio. It also sits in the 91th percentile nationally for median rent. And it sits in the 87th percentile nationally for median home value.

Median Home Value

$470,600

Higher than 87% of U.S. ZIP codes

HPI Growth 5yr %

58%

Higher than 83% of U.S. ZIP codes

FEMA Risk Score

49.5

Lower than 68% of U.S. ZIP codes

The basics

Total Population

53,771

Median Age

37.5

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$470,600

Higher than 87%

Median Property Tax

$10,001

Effective Tax Rate

2%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

4.54

Higher than 81%

Median Rent

$1,824

Higher than 91%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

58%

Higher than 83%

Appreciation 1yr %

4.9%

Higher than 83%

Pandemic Gain %

44%

Recession Drop %

-26%

Climate & weather

Ranked against U.S. ZIP codes.

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

Ranked against U.S. ZIP codes.

FEMA Risk Score

49.5

Lower than 68%

EAL Flood/Coastal per $1K

0

The full report

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

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 07003: frequently asked questions

What is the median home value in ZIP Code 07003?
The median home value in ZIP Code 07003 is $470,600, higher than 87% 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, an effective rate of 2% of home value.
Is ZIP Code 07003 expensive to live in?
Homes in ZIP Code 07003 cost about 4.54× the median household income, higher than 81% 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 91% 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.
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 49.5 (lower than 68% of U.S. ZIP codes). Its greatest modeled natural hazard is heat_wave. Modeled coastal-flood loss is negligible.

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