ZIP Code 07470 — Preakness CDP, NJ Demographics & Data

ZIP code 07470 covers Preakness, NJ in Passaic County with a population of about 54,131.

At a glance, the area shows median age of 41.7 versus a U.S. median of about 38.9.

It sits in telephone area codes 862, 973; U.S. House district NJ-11; the NEW YORK media market.

Preakness, NJ sits in a university / college context (near william paterson university of new jersey (2.3 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 07470 is about $151,561 — about 102% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 3.0%; unemployment rate near 5.0%; 56.8% of adults with a bachelor’s degree or higher (about 23.1 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Education, and Professional services; about 18.4% of workers reporting work-from-home (about 3.2 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 $596,700 — about 71% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,992 (about 71% above the U.S. median rent ($1,163)), and owner-occupancy near 78.6% (about 13.2 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 07470 in Preakness, NJ, a household would need roughly $164,000 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 $3,833. That is roughly in line with the local median household income ($151,561). 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 Preakness CDP, NJ as Relatively High (composite score 95.8), which is among the highest nationally. The strongest component scores on US5 are flood (97.8) and hurricane (87.9). 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 Preakness CDP, NJ show little to no average snow.

IRS migration statistics show a net inflow of about 3,484 for ZIP 07470 (Preakness CDP, 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.