07020 vs 07018: cost of living, income and home prices

ZIP 07020 (New Jersey) has a median household income of $136,806 and a typical home value of $750,200. ZIP 07018 (New Jersey) sits at $57,482 and $270,900.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Measure0702007018
Median household income$136,806$57,482
Median home value$750,200$270,900
Median gross rent$2,580$1,404
Median age38.8 yrs34.3 yrs
Homeownership rate42.3%24.7%
Bachelor's degree or higher41.0%16.2%

07020 vs 07018, side by side

Which ZIP wins?

  • Cheaper to buy in: 07018 — typical home value $270,900.
  • Higher household income: 07020$136,806.
  • Renting: 07018 has the lower median rent.

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Methodology

Both columns use ZIP Code Tabulation Area estimates from the same Census release, so the comparison is like for like.

We only publish comparisons where both areas have at least 5,000 residents, which keeps the margin of error usable.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.