A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −2.1% YoY. inventory, −12.0% YoY, is the number to watch.
The median listing price is down 2.1% YoY while the median home got down 13.4% bigger, so value per square foot is up 7.8%.
U.S. Census ACS characteristics for ZIP 07302 itself, not its parent county.
Renters hold 76.0% of this ZIP's 28,824 occupied households, on a median household income of $175K.
| Measure | ZIP 07302 | Hudson County | Difference |
|---|---|---|---|
| Median Household Income | $175K | $92K | +$83K |
| Below Poverty Level | 6.8% | 14.9% | -8.1% |
| Median Age | 34.20 | 35.80 | -1.60 |
| Total Population | 56,220 | 718,323 | -- |
| Avg Household Size | 1.94 | 2.37 | -0.43 |
| Owner-Occupied | 24.0% | 30.7% | -6.7% |
| Worked From Home | 34.8% | 20.6% | +14.2% |
| Mean Commute | 37.10 | 35.40 | +1.70 |
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 1.1% to 718,323: residents under 18 are down 0.2% and those 65 and over are up 2.7%.
County median household income is $92K, 14.9% of residents are below the poverty level, 20.6% work from home.