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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −2.0% YoY. inventory, +27.3% YoY, is the number to watch.
The median listing price is down 2.0% YoY while the median home got down 9.8% bigger, so value per square foot is up 1.9%.
U.S. Census ACS characteristics for ZIP 07114 itself, not its parent county.
Renters hold 79.7% of this ZIP's 4,401 occupied households, on a median household income of $36K.
| Measure | ZIP 07114 | Essex County | Difference |
|---|---|---|---|
| Median Household Income | $36K | $81K | -$45K |
| Below Poverty Level | 28.6% | 14.6% | +14.0% |
| Median Age | 35.70 | 37.70 | -2.00 |
| Total Population | 13,670 | 863,002 | -- |
| Avg Household Size | 2.39 | 2.63 | -0.24 |
| Owner-Occupied | 20.3% | 44.9% | -24.6% |
| Worked From Home | 5.9% | 16.1% | -10.2% |
| Mean Commute | 27.60 | 33.60 | -6.00 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 1.0% to 863,002: residents under 18 are up 0.7% and those 65 and over are up 2.7%.
County median household income is $81K, 14.6% of residents are below the poverty level, 16.1% work from home.