07506 Zip Code

April 16, 2024

Zip Code:	07506
City/Town:	Paterson
State:	New Jersey

Population:	18,791
Per Capita Income:	$32,052
Mean Household Income:	$81,057

Total Housing Units:	7,454
Median Home Value:	$198,600
Median Year Homes Built:	1949

Land Area:	3.3 sq miles 8.6 sq kilometers
Water Area:	0.0 sq miles 0.1 sq kilometers

Population Information (07506 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

18,791

Male:

9,042

48.1%

49.2%

Female:

9,749

51.9%

50.8%

Median Age:

40.2 yrs

37.2 yrs

Under 5 years:

1,083

5.8%

6.5%

5 to 9 years:

1,078

5.8%

6.6%

10 to 19 years:

2,250

12.0%

13.8%

20 to 29 years:

2,246

12.0%

13.8%

30 to 39 years:

2,685

14.3%

13.0%

40 to 49 years:

2,905

15.5%

14.2%

50 to 59 years:

2,800

14.9%

13.6%

60 to 69 years:

1,773

9.4%

70 to 79 years:

1,027

5.5%

5.4%

80 years and over:

944

5.0%

3.7%

Housing Information (07506 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$198,600

$119,600

Median year homes build:

1949

1971

Median real estate taxes:

$4,558 / yr.

$1,334 / yr.

Median rent:

$860 / mo.

$519 / mo.

Total households:

7,454

Family households:

4,949

66.4%

Nonfamily households:

2,505

33.6%

Households with individuals under 18 years:

2,343

31.4%

33.4%

Households with individuals 65 years and over:

2,050

27.5%

24.9%

Average household size:

2.5

Average family size:

3.1

Total housing units:

7,756

Occupied housing units:

7,454

96.1%

88.6%

Vacant housing units:

302

3.9%

11.4%

For rent:

128

1.7%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

0.6%

1.4%

Sold, not occupied:

0.1%

0.3%

For seasonal, recreational, or occasional use:

0.2%

3.5%

All other vacants:

1.1%

2.8%

Homeowner vacancy rate:

1.0%

2.4%

Rental vacancy rate:

4.5%

9.2%

Owner-occupied housing units:

4,771

Population in owner-occupied housing units:

12,924

Average household size of owner-occupied units:

2.7

2.65

Renter-occupied housing units:

2,683

Population in renter-occupied housing units:

5,845

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (07506 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

13,122

Less than 9th grade:

846

6.4%

6.2%

9th to 12th grade, no diploma:

1,215

9.3%

8.7%

High school graduate (includes equivalency):

4,347

33.1%

29.0%

Some college, no degree:

2,659

20.3%

20.6%

Associate degree:

702

5.3%

7.5%

Bachelor's degree:

2,319

17.7%

17.6%

Graduate or professional degree:

1,034

7.9%

10.3%

Percent high school graduate or higher:

84.3%

85.0%

Percent bachelor's degree or higher:

25.6%

27.9%

Income Information (07506 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

6,501

34.6%

50.4%

Median income:

$39,644 / yr.

$27,932 / yr.

Full-time, year-round workers:

4,084

21.7%

59.7%

Median income:

$47,802 / yr.

$38,349 / yr.

Females 15 years and over with income:

6,788

36.1%

49.6%

Median income:

$22,451 / yr.

$16,327 / yr.

Full-time, year-round workers:

2,895

15.4%

40.3%

Median income:

$34,845 / yr.

$28,135 / yr.

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