07003 is a comfortable, middle-class neighborhood in Unknown with a competitive housing market.
Population
52,921
Income Rank
Top 58%
$99K
Median Income
vs national
$448K
Home Value
vs national
$1,775
Monthly Rent
vs national
38.1 yrs
Median Age
Key metrics versus national medians
National median: $80,610
National median: $311,500
National median: $1,314
National median: 34.8%
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Average income and economic data for 07003
$98,805
Median Household Income
$50,433
Per Capita Income
6.1%
Unemployment Rate
Residents of 07003 earn a median household income of $98,805 per year. This is 23% higher than the national median of $80,610. The per capita income of $50,433 provides insight into individual earning power.
Housing costs, home values, and rent prices in Unknown, XX
*Estimated at 7% APR, 30-year fixed
How affordable is it to live here?
How is this calculated?
Based on the standard 4x annual income mortgage guideline used by lenders: (Median Income x 4) / Median Home Value, combined with the 28% rent-to-income ratio recommended by financial advisors. This is not financial advice.
Strong income-to-cost ratio makes this area financially accessible for most households.
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Population breakdown, age distribution, and diversity in Unknown, XX
52,921
Total Population
38.1
Median Age
32%
College Educated
21,075
Households
07003 has a population of 52,921 residents in approximately 21,075 households. The median age of 38.1 years is younger than the national median of 39 years. About 32% of residents have completed higher education.
Neighborhood profile and quality of life in Unknown, XX
Unknown's 07003 neighborhood functions as a upper-middle suburban.
Household incomes are notably higher than the national average.
Established families and mid-career professionals call this area home.
The community has diverse educational backgrounds.
A typical 07003 resident is a established adult in their early 40s, renter with manageable housing costs, working in white-collar professional role with some college education.
Lifestyle
Family-oriented with focus on community, schools, and outdoor activities
Frequently asked questions about Unknown, XX 07003
The median household income in 07003 (Unknown, XX) is $98,805, which is 23% higher than the national median of $80,610.
The median home value in 07003 is $447,600. A 20% down payment would be $89,520, with an estimated monthly mortgage of $2,507 at current rates.
The median monthly rent in 07003 is $1,775, totaling $21,300 annually. This represents 22% of the median household income.
07003 in Unknown, XX is a comfortable, middle-class neighborhood with a median age of 38.1 years. The area has diverse educational backgrounds.
The unemployment rate in 07003 is 6.1%, compared to the national rate of 4.8%. This means 93.9% of the labor force is employed.
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