ZIP Code 07503
standardSource:
Paterson · Passaic County · New Jersey
- Population
- 18,723
- Median income
- $60,443
- Median home value
- $350,900
- Bachelor's or higher
- 17.4%
- Land area
- 4.0 sq mi
4,683/sq mi
▼ 21% vs US
higher than 30% of US ZIPs
▲ 26% vs US
higher than 74% of US ZIPs
Median age 31.6
New York
ZIP code 07503 in Paterson, New Jersey has a population of 18,723. The median household income is $60,443, which is 21% below the national average. Median home value is $350,900, 26% above the US average. 17.4% of residents hold a bachelor's degree or higher.
ZIP code 07503 is classified by USPS as a standard delivery area and covers roughly 4.0 square miles in Paterson, Passaic County, New Jersey. The area is home to 18,723 residents, producing a population density of 4,683 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 07503 against New Jersey and the nation.
On the economic side, the median household income for ZIP 07503 sits at $60,443 (50% below the New Jersey average), while per-capita income is $26,822. The poverty rate stands at 21.0% and the unemployment rate at 6.4%. On housing, the median home value is $350,900 (32% below the state average) with median rent at $1,677 per month, and 26.8% of occupied units are owner-occupied, a direct signal of whether 07503 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 17.4% of adults hold a bachelor's degree or higher, the median age is 31.6, and the average commute is 23 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Passaic County, so you can benchmark 07503 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 07503
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 07503.
- Retail trade
Retail trade
85 establishments
- Wholesale trade
Wholesale trade
69 establishments
- Accommodation and food services
Accommodation and food services
68 establishments
- Construction
Construction
59 establishments
- Transportation and warehousing
Transportation and warehousing
51 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, 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 07503, Paterson, 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
18,723
Population
4.0
Area (sq mi)
4,683
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 07503?
31.6
Median Age
48.5%
Male
51.5%
Female
50.0%
Foreign-Born
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?
$60,443
Median Household Income
-50% vs state
$26,822
Per Capita Income
21.0%
Poverty Rate
6.4%
Unemployment Rate
22.5 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
6,418
Total Housing Units
6,066
Occupied Units
352
Vacant Units
3.15
Avg Household Size
Occupancy Type
$350,900
Median Home Value
-32% vs state
$1,677
Median Rent
1961
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
-5.5%
YoY Change (2023)
270
HPI Index (2000 = 100)
+170%
Total Change Since 2000
Home values in ZIP 07503 have decreased 5.5% over the past year (2023). Since 2000, this ZIP has seen +170% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | +29.8% | 193 |
| 2020 | +9.3% | 211 |
| 2021 | +19.5% | 253 |
| 2022 | +13.1% | 286 |
| 2023 | -5.5% | 270 |
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 2023. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 548 business establishments in ZIP 07503, employing approximately 9,842 people with a combined annual payroll of $762,325,000.
548
Businesses
9,842
Employees
$762.3M
Annual Payroll
14
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 85 | 15.5% |
| Wholesale trade | 69 | 12.6% |
| Accommodation and food services | 68 | 12.4% |
| Construction | 59 | 10.8% |
| Transportation and warehousing | 51 | 9.3% |
| Manufacturing | 45 | 8.2% |
| Health care and social assistance | 43 | 7.8% |
| Other services (except public administration) | 36 | 6.6% |
| Administrative and support and waste management and remediation services | 33 | 6.0% |
| Professional, scientific, and technical services | 20 | 3.6% |
| Real estate and rental and leasing | 12 | 2.2% |
| Finance and insurance | 11 | 2.0% |
| Information | 8 | 1.5% |
| Arts, entertainment, and recreation | 3 | 0.6% |
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 07503 vs 07513 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 07513 | Paterson, NJ | 11,508 | 0.6 mi |
| 07504 | Paterson, NJ | 12,882 | 1.2 mi |
| 07011 | Clifton, NJ | 39,710 | 1.4 mi |
| 07501 | Paterson, NJ | 33,543 | 1.4 mi |
| 07505 | Paterson, NJ | 2,256 | 1.6 mi |
| 07514 | Paterson, NJ | 18,289 | 2.0 mi |
| 07524 | Paterson, NJ | 12,709 | 2.4 mi |
| 07407 | Elmwood Park, NJ | 19,403 | 1.8 mi |
| 07013 | Clifton, NJ | 27,051 | 2.2 mi |
| 07522 | Paterson, NJ | 20,883 | 2.3 mi |
More ZIP Codes in Passaic County
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Frequently Asked Questions
What county is ZIP code 07503 in? ▼
What is the population of ZIP code 07503? ▼
What is the median household income in ZIP 07503? ▼
What is the average home value in ZIP 07503? ▼
What is the demographic makeup of ZIP 07503? ▼
How many businesses are in ZIP code 07503? ▼
What are the main industries in ZIP code 07503? ▼
How have home values changed in ZIP code 07503? ▼
What is the education level in ZIP code 07503? ▼
What is the average commute time in ZIP 07503? ▼
What percentage of residents own vs. rent in ZIP 07503? ▼
What is the poverty rate in ZIP code 07503? ▼
ZIP Code Research Guides
Official Data Resources for Paterson, 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.
Read our methodology , how this data is sourced, computed, and verified.