Fanwood, NJ 07023 ZIP Code Profile

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Fanwood, NJ

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ZIP Code 07023: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Fanwood, NJ 07023

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 258
  • Single Family Addresses: 2,609
  • Multi-Family Addresses: 106
  • County: Union County
  • Centroid: Latitude 40.641, Longitude -74.382
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

Neighborhood Data

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07023 ZIP Code Map

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Fanwood, NJ 07023 Data & Demographics (As of July 1, 2017)


Total Population 7,714
Daytime Population: Workers 1,310
Daytime Population: Residents 3,999
Total Daytime Population (TDP) 5,309
Ratio TDP/Total Population1 0.69
Population in Households 7,706
Population in Familes 6,959
Population in Group Qrtrs 8
Population Density2 5,746
Diversity Index3 45


Median Household Income $120,349
Average Household Income $146,259
Per Capita Income $51,916


Total Housing Units 2,784 (100%)
Owner Occupied HU 2,390 (85.8%)
Renter Occupied HU 346 (12.4%)
Vacant Housing Units 48 ( 1.7%)
Median Home Value $421,147
Average Home Value $446,485


Total Households 2,736
Average Household Size 2.82
Family Households 2,154
Average Family Size 3
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.


2010-2017 2017-2022
Population 0.67% 0.69%
Households 0.49% 0.58%
Families 0.5% 0.58%
Median Household Income   1.22%
Per Capita Income   2.05%

Fanwood, NJ 07023 - Peer Comparisons by Rank and Percentile

The table below compares 07023 to the other 579 ZIP Codes in New Jersey by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 362 38th
Population Density # 110 81st
Diversity Index # 289 50th
Median Household Income # 85 85th
Per Capita Income # 148 75th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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