Passaic, NJ · standard

ZIP Code 07055

Passaic County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

69,816
8,592/sq mi High-density area
$55,371
Median income Below-median income area
$429,900
Median home value Above-median home value
16.7%
Bachelor's or higher Below-average bachelor's attainment

National ZIP placement

Passaic pairs one of the lowest household incomes in the country with upper-quartile home values, in a densely urban, renter-heavy and unusually populous area.

22nd pct
household income, US ZIPs
Top 18%
home value, US ZIPs
8,592
people per sq mi
24%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07055 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 07055 (Passaic, NJ) rose +1.2% from 2023 to 2024. The all-transactions index moved from 288.3 in 2023 to 291.7 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 07055 is a densely settled ZIP (a standard USPS delivery area) in Passaic, Passaic County, New Jersey, with 69,816 residents across 8.1 square miles, a density of 8,592 people per square mile, in the New York time zone.

ZIP 07055 reports a modest median household income of $55,371 (55% below the average New Jersey ZIP), while per-capita income is $24,489. Economic pressure is pronounced: 22.9% of residents are below the poverty line and unemployment is 12.5%. Home values sit below the statewide ZIP benchmark: the median is $429,900 (17% below the average New Jersey ZIP), and median rent is $1,465; owner occupancy is 23.8%.

Educational attainment sits below the national norm: 16.7% of adults hold a bachelor's degree or higher, the median age is 31.9, and the average commute is 25 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Passaic County, so 07055 can be compared with both its immediate and county-level context.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

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Top industries in ZIP 07055

Top 5 sectors by establishment count in Passaic, NJ

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; FHFA HPI updated quarterly/annually.

Quick Facts

69,816

Population

8.1

Area (sq mi)

8,592

People / sq mi

New York

Time Zone

standard

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 ZIP avg

$24,489

Per Capita Income

22.9%

Poverty Rate

12.5%

Unemployment Rate

25.3 min

Mean Commute Time

How ZIP 07055 ranks nationally

Passaic, NJ household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$55,371 22nd percentile higher than 22% of 30,318 US ZIPs

This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

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 ZIP avg

$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 07055 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 07055 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 07055 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 07055 ranks #null of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 07055, both outside NJ so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (69,816 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

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 07055's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

Compare this ZIP with another

Read our methodology : how this data is sourced, computed, and verified.

Take this with you

What to do with ZIP 07055's numbers, next.

ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.