07027 ZIP Code – Garwood, New Jersey

07027 is a ZIP code serving Garwood, New Jersey in Union County with a population of approximately 4,542 residents. The median household income of $107,823 is near the New Jersey average and above the national average. At $469,800, median home values run well above the national average, with 54.4% owner-occupied housing (decreasing). , with median rent coming in at $1,575 — above the national figure. Housing consists of 52% single-family (decreasing), 18% apartments (increasing), 31% duplex/multi-family.

Unemployment stands at 6.0%, which is above the U.S. rate. About 9.2% of residents live below the poverty line, below the national rate. An estimated 43.8% of adults hold a bachelor's degree or higher, well above the national average. The population has a median age of 42.7, near the national median. ZIP codes in the surrounding area include 07090, 07016, 07066.

ZIP Code 07027 Data

Population 4,542
Median Household Income $107,823
Median Home Value $469,800
Median Rent $1,575
Median Age 42.7
Unemployment Rate 6.0%
Poverty Rate 9.2%
Bachelor's Degree or Higher 43.8%
County Union County
State New Jersey

ZIP 07027 vs. New Jersey vs. U.S.

MetricZIP 07027NJ Avg.U.S. Avg.
Population4,54215k10k
Median Household Income$107k$113k$73k
Median Home Value$469k$459k$258k
Median Rent$1,575$1,724$1,088
Median Age42.743.143.2
Unemployment Rate6.0%5.8%5.0%
Poverty Rate9.2%8.1%13.3%
Bachelor's Degree or Higher43.8%44.1%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
07090 WESTFIELD 30,852 $202,450
07016 CRANFORD 23,838 $152,941
07066 CLARK 15,415 $120,882
07033 KENILWORTH 8,345 $97,600
07092 MOUNTAINSIDE 6,991 $162,531