07505 ZIP Code – Paterson, New Jersey
ZIP code 07505 is a small ZIP code located in Paterson, New Jersey, within Passaic County with a population of approximately 4,592 residents. Residents earn a median household income of $23,780, which is well below the New Jersey average and well below the national figure. The median home value of $375,000 is above the national average, with 1.2% owner-occupied housing (decreasing). , with median rent coming in at $1,009 — near the national figure. Housing consists of 74% apartments (decreasing), 22% duplex/multi-family.
The unemployment rate is 24.9%, well above the national average. About 43.5% of residents live below the poverty line, well above the national rate. An estimated 11.6% of adults hold a bachelor's degree or higher, well below the national average. Residents have a median age of 37.5, near the U.S. median. ZIP codes in the surrounding area include 07501, 07522, 07502.
ZIP Code 07505 Data
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ZIP 07505 vs. New Jersey vs. U.S.
| Metric | ZIP 07505 | NJ Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 4,592 | 15k | 10k |
| Median Household Income | $23k | $113k | $73k |
| Median Home Value | $375k | $459k | $258k |
| Median Rent | $1,009 | $1,724 | $1,088 |
| Median Age | 37.5 | 43.1 | 43.2 |
| Unemployment Rate | 24.9% | 5.8% | 5.0% |
| Poverty Rate | 43.5% | 8.1% | 13.3% |
| Bachelor's Degree or Higher | 11.6% | 44.1% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 07501 – Paterson
- 07522 – Paterson
- 07502 – Paterson
- 07524 – Paterson
- 07513 – Paterson
- 07514 – Paterson
- 07503 – Paterson
- 07504 – Paterson
- 07508 – Haledon
- 07512 – Totowa
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 07501 | PATERSON | 35,492 | $38,776 |
| 07522 | PATERSON | 22,377 | $46,711 |
| 07502 | PATERSON | 17,328 | $72,036 |
| 07524 | PATERSON | 15,139 | $47,889 |
| 07513 | PATERSON | 11,069 | $71,023 |