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ZIP Code 07050

Essex, New Jersey

ZCTA 07050

Juniper

ZIP Code 07050 is in the lowest 29% nationally for FEMA risk score. It also sits in the highest 2% nationally for home price growth over five years. And it sits in the highest 6% nationally for home price against income.

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

$521,028

Higher than 77% of U.S. ZIP codes
Home Price Growth, Past Five Years

88%

Higher than 98% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

47.7

Lower than 71% of U.S. ZIP codes

The boundary of ZIP Code 07050, in Essex, New Jersey.

The basics

Total Population

34,181

Median Age

34.7

Population Density

15,491.46

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

6.93×

Higher than 94% of U.S. ZIP codes
Median Income

$52,563

Lower than 82% of U.S. ZIP codes
Median Rent

$1,548

Higher than 79% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

12%

Higher than 91% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

63%

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

34%

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)

48.2

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 07050: frequently asked questions

What is the typical home value in ZIP Code 07050?
The estimated median home value in ZIP Code 07050 today is $521,028, higher than 77% of U.S. ZIP codes.
How much is property tax in ZIP Code 07050?
The median annual property tax in ZIP Code 07050 is $10,001.
Is ZIP Code 07050 expensive to live in?
Homes in ZIP Code 07050 cost about 6.93× the median household income, higher than 94% of U.S. ZIP codes.
What is the average rent in ZIP Code 07050?
The median gross rent in ZIP Code 07050 is $1,548 a month, higher than 79% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 07050?
Home prices in ZIP Code 07050 have moved 88% over the past five years (12% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 07050?
ZIP Code 07050 has a population of 34,181, about 15,491.46 people per square mile, per the U.S. Census American Community Survey. The median age is 34.7.
What is the weather like in ZIP Code 07050?
ZIP Code 07050 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 07050 at risk of flooding or natural disasters?
ZIP Code 07050's FEMA National Risk Index score is 47.7 (lower than 71% 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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