Essex Fells borough, NJ

ZIP 07021 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Essex Fells borough, NJ (07021)

Median Income

$250,001

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+149

Wealth inflow

Population

2,320

Unemployment

3.9%

0.2pp above US avg

IRS migration statistics show a net inflow of about 149 for ZIP 07021 (Essex Fells 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.

Economic Indicators

Unemployment

3.9%+5% vs US avg

Self-Employed

1.5%-76% vs US avg

SNAP Benefits

0.4%-96% vs US avg

Establishments

231

Employees

~7 per establishment — small businesses dominate

Professional services

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.5%
Construction0.9%
Manufacturing18.4%
Wholesale trade2.1%
Retail trade6.0%
Transportation, utilities0.9%
Information3.7%
Finance, insurance, real estate17.3%
Professional, scientific, management21.2%
Education, health care, social18.4%
Arts, entertainment, food services6.6%
Other services2.7%
Public administration1.4%

Household Income

Historical Trends in 07021 (2020–Present)

Since 2020, population grew 14.7%, median income fell 1.5% (inflation-adjusted), home values decreased 3.8%.

Median Income

$250,001

+233% vs US avg

Unemployment Rate