07103 ZIP Code – Newark, New Jersey

Located in Newark, New Jersey, ZIP code 07103 is a large ZIP code within Essex County with a population of approximately 35,318 residents. Residents earn a median household income of $40,653, which is well below the New Jersey average and well below the national figure. At $238,900, median home values run near the national average, with 24.6% owner-occupied housing (increasing). . Median rent is $1,216, which is near the U.S. average. Housing consists of 35% single-family (increasing), 32% apartments (increasing), 32% duplex/multi-family.

At 9.1%, the unemployment rate is well above the national figure. The poverty rate of 31.6% is well above the U.S. average. Bachelor's degree attainment is 20.6%, below the national average. At 31.8, the median age is below the national figure. The surrounding area includes ZIP codes 07108, 07102, 07107.

ZIP Code 07103 Data

Population 35,318
Median Household Income $40,653
Median Home Value $238,900
Median Rent $1,216
Median Age 31.8
Unemployment Rate 9.1%
Poverty Rate 31.6%
Bachelor's Degree or Higher 20.6%
County Essex County
State New Jersey

ZIP 07103 vs. New Jersey vs. U.S.

MetricZIP 07103NJ Avg.U.S. Avg.
Population35k15k10k
Median Household Income$40k$113k$73k
Median Home Value$238k$459k$258k
Median Rent$1,216$1,724$1,088
Median Age31.843.143.2
Unemployment Rate9.1%5.8%5.0%
Poverty Rate31.6%8.1%13.3%
Bachelor's Degree or Higher20.6%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
07108 NEWARK 27,830 $32,739
07102 NEWARK 13,506 $35,515
07107 NEWARK 41,907 $46,916
07018 EAST ORANGE 29,216 $57,482
07106 NEWARK 36,538 $48,983