07701 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
07701
07407
Opportunity
73 · Top 16%
vs77 · Top 10%
Growth
36 · Bottom 27%
vs28 · Bottom 14%
Climate
71 · Top 48%
vs71 · Top 47%
Physical resilience
51 · Bottom 44%
vs47 · Bottom 38%
Housing affordability
68 · Bottom 33%
vs65 · Bottom 30%
Schools
54 · Top 46%
vs53 · Top 49%
Access
90 · Bottom 41%
vs95 · Top 38%
Economic stability
82 · Top 8%
vs66 · Top 37%
Measured values
| Metric | 07701 | 07407 | Source period |
|---|---|---|---|
| Population | 24,376 | 21,412 | 2024 ACS 5-Year |
| Median household income | $112,143 | $101,740 | 2024 ACS 5-Year |
| Per capita income | $69,759 | $43,773 | 2024 ACS 5-Year |
| Population density | 2,663/sq mi | 8,101/sq mi | 2024 ACS 5-Year |
| Median home value | $584,500 | $483,700 | 2024 ACS 5-Year |
| Median gross rent | $2,019 | $2,074 | 2024 ACS 5-Year |
| Homeownership rate | 65.2% | 57.5% | 2024 ACS 5-Year |
| Unemployment rate | 4.0% | 3.8% | June 2026 |
| Employment change (year over year) | 0.6% | 1.5% | June 2026 |
| Bachelor's degree or higher | 51.6% | 35.1% | 2024 ACS 5-Year |
| Poverty rate | 5.6% | 11.6% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 36 | 4 | 12 months ending July 2026 |
| Permits per 1,000 residents | 2.8 | 0.2 | 12 months ending July 2026 |
| Average July high | 87°F | 87°F | 1991-2020 Normals |
| Average January low | 26°F | 26°F | 1991-2020 Normals |
| Annual precipitation | 46.6" | 46.3" | 1991-2020 Normals |
| Distance to major airport | 23 mi | 15 mi | NASR current cycle |
| Average commute | 35.9 min | 29.8 min | 2024 ACS 5-Year |
| Median age | 42.6 | 39.9 | 2024 ACS 5-Year |
| Public schools | 5 | 5 | 2024-25 school year |
| Students per teacher | 9.66 | 13.39 | 2024-25 school year |
| Math proficiency | 18.5% | 16.2% | 2019-20 school year |
| Reading proficiency | 35.8% | 43.7% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 57.5% | 53.4% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
07701
Elevated or high exposure: strong wind, earthquake, hurricane.
07407
Elevated or high exposure: coastal flooding, earthquake.
Full profiles: 07701 — Red Bank, NJ · 07407 — Elmwood Park, NJ · How this is calculated: methodology