07424 ZIP Code Profile, Map, Data & Demographics

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ZIP Code 07424: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Little Falls, NJ 07424

Acceptable Alternative
West Paterson, NJ 07424
Woodland Park, NJ 07424

Not Acceptable, USPS
Great Notch, NJ 07424
Singac, NJ 07424

  • ZIP Code Type: STANDARD
  • County: Passaic County
  • Centroid: Latitude 40.887, Longitude -74.219
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 1,176
  • PO Box Addresses: 267
  • Residential Addresses: 9,916
    • Multi-Family Addresses: 751
    • Single Family Addresses: 9,165
  • Foreclosures in NJ 07424

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

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Little Falls, NJ 07424 Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 27,872 (100%)
Population in Households 25,633 (92.0%)
Population in Families 20,543 (73.7%)
Population in Group Quarters1 2,239 ( 8.0%)
Population Density 4,789
Diversity Index2 69
 
 

INCOME

Median Household Income $101,983
Average Household Income $140,774
% of Income for Mortgage4 22%
Per Capita Income $53,622
Wealth Index5 149
 

HOUSING

Total HU (Housing Units) 10,527 (100%)
Owner Occupied HU 6,764 (64.3%)
Renter Occupied HU 3,265 (31.0%)
Vacant Housing Units 498 ( 4.7%)
Median Home Value $426,151
Average Home Value $464,422
Housing Affordability Index3 91
 

HOUSEHOLDS

Total Households 10,029
Average Household Size 2.56
Family Households 6,328
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2020-2022 2022-2027
Population 0.99% 0.03%
Households 0.29% 0.09%
Families   0.06%
Median Household Income   2.82%
Per Capita Income   3.60%
Owner Occupied HU   0.28%

Little Falls, NJ 07424 - Peer Comparisons by Rank and Percentile

The table below compares 07424 to the other 577 ZIP Codes in New Jersey by rank and percentile using July 1, 2022 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 # 110 81st
Population Density # 128 78th
Median Household Income # 299 48th
Housing Affordability Index # 144 25th
Per Capita Income # 280 52nd
Diversity Index # 167 71st

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


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