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
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ZIP 07103 vs. New Jersey vs. U.S.
| Metric | ZIP 07103 | NJ Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 35k | 15k | 10k |
| Median Household Income | $40k | $113k | $73k |
| Median Home Value | $238k | $459k | $258k |
| Median Rent | $1,216 | $1,724 | $1,088 |
| Median Age | 31.8 | 43.1 | 43.2 |
| Unemployment Rate | 9.1% | 5.8% | 5.0% |
| Poverty Rate | 31.6% | 8.1% | 13.3% |
| Bachelor's Degree or Higher | 20.6% | 44.1% | 26.9% |
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Nearby ZIP Codes
- 07108 – Newark
- 07102 – Newark
- 07107 – Newark
- 07018 – East Orange
- 07106 – Newark
- 07112 – Newark
- 07111 – Irvington
- 07029 – Harrison
- 07017 – East Orange
- 07104 – Newark
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 |