ZIP Code 07020 — Edgewater borough, NJ Demographics & Data

ZIP code 07020 covers Edgewater, NJ in Bergen County with a population of about 14,544.

At a glance, the area shows median age of 39.9 (near the U.S. median).

It sits in telephone area codes 201, 551; U.S. House district NJ-9; the NEW YORK media market.

Edgewater, NJ sits in a university / college context (near manhattan school of music (1.1 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 07020 is about $137,847 — about 83% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 6.3%; unemployment rate near 4.9%; 74.0% of adults with a bachelor’s degree or higher (about 40.3 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Professional services, Finance and insurance, and Retail trade; about 25.4% of workers reporting work-from-home (about 10.2 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $723,400 — about 108% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $2,447 (about 110% above the U.S. median rent ($1,163)), and owner-occupancy near 41.0% (about 24.4 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 07020 in Edgewater, NJ, a household would need roughly $199,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,647. That is about 44% above the local median household income ($137,847), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Edgewater borough, NJ as Relatively High (composite score 97.8), which is among the highest nationally. The strongest component scores on US5 are flood (98.8) and hurricane (92.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Edgewater borough, NJ show little to no average snow and around 49.5 inches of annual precipitation.

IRS migration statistics show a net inflow of about 936 for ZIP 07020 (Edgewater borough, NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.