Maywood borough, NJ

ZIP 07607 — Economy & Jobs

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

Upper Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Maywood borough, NJ (07607)

Median Income

$119,306

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+646

Wealth inflow

Population

10,042

Unemployment

7.3%

3.5pp above US avg

IRS migration statistics show a net inflow of about 646 for ZIP 07607 (Maywood 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

7.3%+96% vs US avg

Self-Employed

6.6%+8% vs US avg

SNAP Benefits

5.8%-50% vs US avg

253

Establishments

2,752

Employees

~11 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

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

Occupation

Industry

Construction4.9%
Manufacturing9.9%
Wholesale trade7.0%
Retail trade7.2%
Transportation, utilities5.8%
Information5.9%
Finance, insurance, real estate7.1%
Professional, scientific, management9.9%
Education, health care, social27.7%
Arts, entertainment, food services6.5%
Other services5.3%
Public administration2.9%

Household Income

Historical Trends in 07607 (2020–Present)

Since 2020, population grew 4.3%, median income rose 2.9% (inflation-adjusted), home values increased 6.3%.

Median Income

$119,306

+59% vs US avg

Unemployment Rate