07304 vs 07305: cost of living, income and home prices

ZIP 07304 (New Jersey) has a median household income of $65,504 and a typical home value of $466,000. ZIP 07305 (New Jersey) sits at $73,735 and $400,600.

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

Measure0730407305
Median household income$65,504$73,735
Median home value$466,000$400,600
Median gross rent$1,500$1,523
Median age33.7 yrs36.2 yrs
Homeownership rate28.7%42.8%
Bachelor's degree or higher25.0%21.3%

07304 vs 07305, side by side

Which ZIP wins?

  • Cheaper to buy in: 07305 — typical home value $400,600.
  • Higher household income: 07305$73,735.
  • Renting: 07304 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.