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07050 Map

07050 Income Statistics

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Comparison to Surrounding Areas

07050 Median Household Income

The median household income ($50,498) for 07050 is less than 07042 ($130,329), 07079 ($173,012), 07018 ($57,482), 07017 ($60,137), 07028 ($239,192), 07052 ($127,931), Essex County ($73,785), and City of Orange township ($50,607).

07050$50,498
City of Orange township$50,607
Essex County$73,785

07050 Average Household Income

The average household income ($71,450) for 07050 is less than 07042 ($197,309), 07079 ($247,012), 07018 ($75,650), 07017 ($75,097), 07028 ($313,104), 07052 ($163,034), Essex County ($122,134), and City of Orange township ($71,538).

07050$71,450
City of Orange township$71,538
Essex County$122,134

07050 Per-Capita Income

The per-capita income for 07050 is $27,648. The per capita income ($27,648) for 07050 is less than the per capita income for 07052 ($60,079), 07017 ($30,216), 07028 ($100,754), 07042 ($81,771), 07079 ($77,719), 07018 ($30,978), and Essex County ($45,946). But it's more than City of Orange township ($27,556).

07050$27,648
City of Orange township$27,556
Essex County$45,946

07050 High Income Households

5.2% of households make over $200,000 a year. The percent high income households (5.2%) for 07050 is more than 07042 (34.3%), 07079 (42.2%), 07018 (6.3%), 07017 (4.5%), 07028 (60.0%), 07052 (27.3%), Essex County (16.2%), and City of Orange township (5.2%).

070505.2%
City of Orange township5.2%
Essex County16.2%

07050 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
07050$-1$47,422$70,204$29,970
City of Orange township$-1$47,695$70,044$30,168
Essex County$38,469$74,043$88,945$56,992

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 07050 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
07050+/-$5,851+/-$6,214+/-$2,222+/-1.9%+/-$-1+/-$7,444+/-$13,635+/-$6,784
City of Orange township+/-$6,072+/-$6,163+/-$2,185+/-1.9%+/-$-1+/-$7,815+/-$13,809+/-$6,931
Essex County+/-$1,477+/-$2,020+/-$713+/-0.5%+/-$7,443+/-$2,592+/-$2,900+/-$3,206