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Jersey City city, NJ
ZIP 07305 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle ClassLarge CommunityLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Jersey City city, NJ (07305)
Median Income
$77,126
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+4,612
Wealth inflow
Population
71,643
Unemployment
8.1%
4.4pp above US avg
IRS migration statistics show a net inflow of about 4,612 for ZIP 07305 (Jersey City city, 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.
Historical Trends in 07305 (2020–Present)
Since 2020, population grew 7.6%, median income rose 6.2% (inflation-adjusted), home values increased 6.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $77,126 |
| Unemployment | 8.1% |
| Establishments | 627 |
| Employees | 11,276 |