07022 vs 07023: cost of living, income and home prices

ZIP 07022 (New Jersey) has a median household income of $59,359 and a typical home value of $475,600. ZIP 07023 (New Jersey) sits at $177,727 and $588,100.

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

Measure0702207023
Median household income$59,359$177,727
Median home value$475,600$588,100
Median gross rent$1,517$2,254
Median age40.2 yrs43.6 yrs
Homeownership rate32.5%86.8%
Bachelor's degree or higher15.5%42.3%

07022 vs 07023, side by side

Which ZIP wins?

  • Cheaper to buy in: 07022 — typical home value $475,600.
  • Higher household income: 07023$177,727.
  • Renting: 07022 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.