07024 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 07024 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateNew Jersey
CityFort Lee
Time ZoneAmerica/New_York
Geo Location40.8508, -73.97123
Population39701
Size6.556 square miles
Median Family Income$116435.00
Median Home Value$356200.00

Population & Demographics

The following information lists the population statistics and breakdown for the 07024 zip code. The total population is 39701, of which, 19424 are male and 20277 are female. With a total area of 6.556 square miles, the population density is 5709.4 people per square mile. The median age of the population is 46.2 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201135213
201235431
201335607
201436020
201536347
201636625
201737077
201837008
201937430
202037843
202139701

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 22625.7%
Age 5-920595.2%
Age 10-1415744%
Age 15-1916504.2%
Age 20-2411192.8
Age 25-2921565.4%
Age 30-3425036.3%
Age 35-3931507.9%
Age 40-442696 6.8%
Age 45-4930387.7%
Age 50-5424136.1%
Age 55-5928797.3%
Age 60-6424866.3%
Age 65-6920615.2%
Age 70-7424246.1%
Age 75-7918414.6%
Age 80-8415093.8%
Age 85 and over18814.7%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 58.1 %
  • Speaks Spanish: 9.2 %
  • Speaks Other Indo-European Language: 12.6 %
  • Speaks Pacific Island Languages: 33.6 %
  • Speak Other Languages: 2.6 %
Marital Status: 
  • Currently Married: 53.4 %
  • Divorced: 11.4 %
  • Separated (not divorced): 1.8 %
  • Never Married: 26.2 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 07024 zip code is $116435. This is 39.77% greater than the national average. This income places 9.4% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $46268. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.00262
$10,000.00 – $14,999.00172
$15,000.00 – $24,999.00364
$25,000.00 – $34,999.00390
$35,000.00 – $49,999.00713
$50,000.00 – $74,999.001114
$75,000.00 – $99,999.001211
$100,000.00 – $149,999.002180
$150,000.00 – $199,999,001808
$200,000.00 +2001

YearMedian Family Income ($ USD)
201186571
201289839
201392764
201487721
201590855
201699512
2017100808
2018103421
2019106798
2020112464
2021116435

Income Source# of Households
Wage or Salary12995
Self Employment2330
Social Security6174
Dividends, Interest, or Rental4833
Retirement3461
Other1526

Total Insured & Uninsured Individuals: 
  • Families Insure: 36420
  • Families Uninsured: 3246
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 3461
  • No retirement income: 14728

Education

In the 07024 zip code, 94.8% of individuals over 25 years old have a high school degree or higher, and 60.3% have a bachelors degree or higher. Additionally, 24.2% of individuals 3 years and older are in private school, and 75.8% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 07024 zip, there are an estimated 21075 people in the labor force, of which, 20171 are employed, and 869 are unemployed. There are a total of 35 people in the armed forces. The average commute time for this zip code is 36.8 minutes. Of the total people that work, 2481 worked from home and 19846 commuted. The average number of hours worked is 39.2. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts11602
Services2163
Sales and Office3783
Construction and Maintenance:773
Transportation and Material Moving1850





Housing

The median home value for the 07024 zip code is 356200. There is an estimated  18189 number of occupied housing units, the median gross rent in is $1982 per month, and the average monthly housing costs are estimated to be $1769. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000140
$50,000 – $99,000813
$100,000 – $149,9991024
$150,000 – $199,999926
$200,000 – $299,9991768
$300,000 – $499,9992370
$500,000 – $999,9992869
$1,000,000+640

Home Year BuiltNumber of Homes
2020 or Later40
2010 – 20191057
2000 – 2009976
1980 – 19993516
1960 – 19797385
1940 – 19594349
1939 or earlier866

The median number of rooms in all housing units is 4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500625
$500 – $999420
$1,000 – $1,4991354
$1,500 – $1,9991398
$2,000 – $2,4991495
$2,499 – $2,999803
$3,000 + 1399

Monthly Housing Costs ($)Number of Households
Less than 3001439
300-499845
500-7991294
800-999818
1000-14993002
1500-19992918
2000-24992519
2500-29991602
3000+3607

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1688
20%-24.9%532
25%-29.9%423
30%-34.9%182
35+%1287



# of VehiclesHouseholds
None2323
110288
24699
3+879
Home Heating Characteristics: 
  • Utility Gas: 62.7 %
  • Bottle Tank or LP Gas: 2.1 %
  • Electricity: 27.8 %
  • Oil or Kerosene etc: 4.1 %
  • Coal or Coke: 0 %
  • All Other: 1.2 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.