07050 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in New Jersey based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 07050 is African American. The majority race/ethnicity attending public schools in 07050 is African American. The current unemployment level in 07050 is 4.1%.
| Population | 33,523 |
| Population Growth Rate | 9.34% |
| Population Density | 15,083 People per Square Mile |
| Total Households | 11,071 |
| Percentage High Income Households | 1.0% |
| Median Household Income (2021) | $48,504 |
| Average Adjusted Gross Income (2021) | $344,770 |
| Current Unemployment Rate (November 2024) | 4.1% |
| Majority Race/Ethnicty | African American - 56.64% |
| Public School Majority Race/Ethnicty | African American - 54.17% |
07050 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 4,400 | 12.35% |
| Black | 20,181 | 56.64% |
| Hispanic | 10,437 | 29.29% |
| Asian | 524 | 1.47% |
| Native American | 89 | 0.25% |
| Hawaiian/Pac. Islander | 0 | 0% |
07050 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 18 | 0.36% |
| Black | 2,750 | 54.6% |
| Hispanic | 2,252 | 44.71% |
| Asian | 11 | 0.22% |
| Native American | 5 | 0.1% |
| Hawaiian/Pac. Islander | 1 | 0.02% |
07050 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 716 | 4.48% |
| Bachelor Degree | 2,662 | 16.65% |
| High School Diploma | 6,236 | 39% |
| No High School Diploma | 631 | 3.95% |
| GED or Alternate | 616 | 3.85% |
| 1 or More Years of College | 2,801 | 17.52% |
| Associates Degree | 1,365 | 8.54% |
| Masters Degree | 733 | 4.58% |
| Professional Degree | 140 | 0.88% |
| Doctorate Degree | 91 | 0.57% |