07023 ZIP Code – Fanwood, New Jersey
Located in Fanwood, New Jersey, ZIP code 07023 is a mid-sized ZIP code within Union County with a population of approximately 7,723 residents. The median household income is $177,727 — well above the New Jersey average and well above the national average. Median home values of $588,100 are well above the national average, with 84.9% owner-occupied housing (decreasing). . Median rent is $2,254, which is well above the U.S. average. Housing consists of 88% single-family (decreasing), 7% apartments (increasing).
Unemployment stands at 2.8%, which is well below the U.S. rate. The poverty rate of 1.4% is well below the U.S. average. Bachelor's degree attainment is 71.2%, well above the national average. The population has a median age of 42.4, near the national median. Nearby ZIP codes include 07076, 07062, 07090.
ZIP Code 07023 Data
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ZIP 07023 vs. New Jersey vs. U.S.
| Metric | ZIP 07023 | NJ Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 7,723 | 15k | 10k |
| Median Household Income | $177k | $113k | $73k |
| Median Home Value | $588k | $459k | $258k |
| Median Rent | $2,254 | $1,724 | $1,088 |
| Median Age | 42.4 | 43.1 | 43.2 |
| Unemployment Rate | 2.8% | 5.8% | 5.0% |
| Poverty Rate | 1.4% | 8.1% | 13.3% |
| Bachelor's Degree or Higher | 71.2% | 44.1% | 26.9% |
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Nearby ZIP Codes
- 07076 – Scotch Plains
- 07062 – Plainfield
- 07090 – Westfield
- 07060 – Plainfield
- 07069 – Watchung
- 07092 – Mountainside
- 07922 – Berkeley Heights
- 07027 – Garwood
- 07974 – New Providence
- 07063 – Plainfield
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 07076 | SCOTCH PLAINS | 24,727 | $179,531 |
| 07062 | PLAINFIELD | 14,253 | $90,477 |
| 07090 | WESTFIELD | 30,852 | $202,450 |
| 07060 | PLAINFIELD | 47,883 | $66,761 |
| 07069 | WATCHUNG | 6,651 | $152,168 |