ZIP Code 07055

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Source:

Passaic · Passaic County · New Jersey

Population
69,816

8,592/sq mi

Median income
$55,371

▼ 27% vs US

higher than 22% of US ZIPs

Median home value
$429,900

▲ 55% vs US

higher than 82% of US ZIPs

Bachelor's or higher
16.7%

Median age 31.9

Land area
8.1 sq mi

New York

ZIP code 07055 in Passaic, New Jersey has a population of 69,816. The median household income is $55,371, which is 27% below the national average. Median home value is $429,900, 55% above the US average. 16.7% of residents hold a bachelor's degree or higher.

ZIP code 07055 is classified by USPS as a standard delivery area and covers roughly 8.1 square miles in Passaic, Passaic County, New Jersey. The area is home to 69,816 residents, producing a population density of 8,592 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 07055 against New Jersey and the nation.

On the economic side, the median household income for ZIP 07055 sits at $55,371 (55% below the New Jersey average), while per-capita income is $24,489. The poverty rate stands at 22.9% and the unemployment rate at 12.5%. On housing, the median home value is $429,900 (17% below the state average) with median rent at $1,465 per month, and 23.8% of occupied units are owner-occupied, a direct signal of whether 07055 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 16.7% of adults hold a bachelor's degree or higher, the median age is 31.9, and the average commute is 25 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Passaic County, so you can benchmark 07055 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 07055

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 07055.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 07055, Passaic, NJ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

69,816

Population

8.1

Area (sq mi)

8,592

People / sq mi

New York

Time Zone

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ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 07055?

31.9

Median Age

47.4%

Male

52.6%

Female

41.4%

Foreign-Born

White 17.7%
African American 7.3%
Asian 4.5%
American Indian or Alaska Native 0.9%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 54.5%
Hispanic or Latino 73.3%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$55,371

Median Household Income

-55% vs state

$24,489

Per Capita Income

22.9%

Poverty Rate

12.5%

Unemployment Rate

25.3 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 53.6%
Bachelor's Degree or Higher 16.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

21,693

Total Housing Units

21,151

Occupied Units

542

Vacant Units

3.29

Avg Household Size

Occupancy Type

Owner 23.8%
Renter 76.2%

$429,900

Median Home Value

-17% vs state

$1,465

Median Rent

1938

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+1.2%

YoY Change (2024)

292

HPI Index (2000 = 100)

+192%

Total Change Since 2000

Home values in ZIP 07055 have increased 1.2% over the past year (2024). Since 2000, this ZIP has seen +192% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.8% 225
2021 +5.3% 237
2022 +10.6% 262
2023 +10.2% 288
2024 +1.2% 292

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 1,371 business establishments in ZIP 07055, employing approximately 12,488 people with a combined annual payroll of $551,733,000.

1,371

Businesses

12,488

Employees

$551.7M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Retail trade 256 18.7%
Other services (except public administration) 164 12.0%
Accommodation and food services 148 10.8%
Health care and social assistance 138 10.1%
Wholesale trade 107 7.8%
Professional, scientific, and technical services 95 6.9%
Construction 91 6.6%
Manufacturing 80 5.8%
Administrative and support and waste management and remediation services 69 5.0%
Transportation and warehousing 67 4.9%
Real estate and rental and leasing 59 4.3%
Finance and insurance 39 2.8%
Information 20 1.5%
Educational services 19 1.4%
Arts, entertainment, and recreation 14 1.0%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 07055 vs 07057 →

ZIP Code City Population Distance
07057 Wallington, NJ 11,335 1.2 mi
07014 Clifton, NJ 5,184 1.8 mi
07011 Clifton, NJ 39,710 1.7 mi
07026 Garfield, NJ 30,555 1.8 mi
07012 Clifton, NJ 11,703 1.8 mi
07075 Wood Ridge, NJ 7,626 2.2 mi
07407 Elmwood Park, NJ 19,403 3.3 mi
07013 Clifton, NJ 27,051 2.5 mi
07604 Hasbrouck Heights, NJ 11,842 2.8 mi
07070 Rutherford, NJ 18,061 2.8 mi

More ZIP Codes in Passaic County

Frequently Asked Questions

What county is ZIP code 07055 in?
ZIP code 07055 (Passaic) is located in Passaic County, New Jersey. Passaic County contains multiple ZIP codes, see the full list at /counties/passaic-nj.
What is the population of ZIP code 07055?
ZIP code 07055 in Passaic, NJ has a population of 69,816 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07055?
The median household income in ZIP 07055 is $55,371, which is 27% below the national average of $76,288.
What is the average home value in ZIP 07055?
The median home value in ZIP 07055 is $429,900, which is 55% above the national average of $278,155.
What is the demographic makeup of ZIP 07055?
The largest racial group in ZIP 07055 is Two or More Ethnicities at 54.5%. Hispanic or Latino residents make up 73.3% of the population.
How many businesses are in ZIP code 07055?
ZIP code 07055 has 1,371 business establishments employing approximately 12,488 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07055?
The top industries by establishment count in ZIP 07055 are: Retail trade (256), Other services (except public administration) (164), Accommodation and food services (148). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 07055?
According to the FHFA House Price Index, home values in ZIP 07055 increased by 1.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 192%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 07055?
In ZIP code 07055, 53.6% of residents aged 25+ have a high school diploma or higher, and 16.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 07055?
The mean commute time for workers in ZIP code 07055 is 25.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 07055?
In ZIP code 07055, approximately 23.8% of occupied housing units are owner-occupied and 76.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07055?
The poverty rate in ZIP code 07055 is 22.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Passaic, NJ

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.