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 −4.1% YoY. inventory, +20.2% YoY, is the number to watch.
The median listing price is down 4.1% YoY while the median home got down 4.5% bigger, so value per square foot is up 3.0%.
U.S. Census ACS characteristics for ZIP 07306 itself, not its parent county.
Renters hold 75.8% of this ZIP's 22,937 occupied households, on a median household income of $75K.
| Measure | ZIP 07306 | Hudson County | Difference |
|---|---|---|---|
| Median Household Income | $75K | $92K | -$17K |
| Below Poverty Level | 21.2% | 14.9% | +6.3% |
| Median Age | 35.60 | 35.80 | -0.20 |
| Total Population | 54,017 | 718,323 | -- |
| Avg Household Size | 2.33 | 2.37 | -0.04 |
| Owner-Occupied | 24.2% | 30.7% | -6.5% |
| Worked From Home | 23.1% | 20.6% | +2.5% |
| Mean Commute | 36.80 | 35.40 | +1.40 |
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.