07108 ZIP Code – Newark, New Jersey
Located in Newark, New Jersey, ZIP code 07108 is a large ZIP code within Essex County with a population of approximately 27,830 residents. The median household income is $32,739 — well below the New Jersey average and well below the national average. At $298,200, median home values run above the national average, with 19.0% owner-occupied housing (increasing). . Median rent is $1,055, which is near the U.S. average. Housing consists of 37% single-family (increasing), 38% apartments (increasing), 24% duplex/multi-family.
Unemployment stands at 11.6%, which is well above the U.S. rate. About 36.0% of residents live below the poverty line, well above the national rate. About 17.0% of residents have completed a four-year degree, below the national rate. At 32.2, the median age is below the national figure. Neighboring ZIP codes include 07112, 07103, 07111.
ZIP Code 07108 Data
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ZIP 07108 vs. New Jersey vs. U.S.
| Metric | ZIP 07108 | NJ Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 27k | 15k | 10k |
| Median Household Income | $32k | $113k | $73k |
| Median Home Value | $298k | $459k | $258k |
| Median Rent | $1,055 | $1,724 | $1,088 |
| Median Age | 32.2 | 43.1 | 43.2 |
| Unemployment Rate | 11.6% | 5.8% | 5.0% |
| Poverty Rate | 36.0% | 8.1% | 13.3% |
| Bachelor's Degree or Higher | 17.0% | 44.1% | 26.9% |
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Nearby ZIP Codes
- 07112 – Newark
- 07103 – Newark
- 07111 – Irvington
- 07102 – Newark
- 07106 – Newark
- 07205 – Hillside
- 07114 – Newark
- 07018 – East Orange
- 07107 – Newark
- 07029 – Harrison
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 07112 | NEWARK | 27,122 | $49,966 |
| 07103 | NEWARK | 35,318 | $40,653 |
| 07111 | IRVINGTON | 60,268 | $57,293 |
| 07102 | NEWARK | 13,506 | $35,515 |
| 07106 | NEWARK | 36,538 | $48,983 |