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BMIE Market 07028

Essex County, New Jersey · ZCTA boundaries as of 2020

Profile

Population (current estimate)8,022
2020–2024 ACS 5-year estimate ±51 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households2,533
2020–2024 ACS 5-year estimate ±158 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B11001_001E · on 2020 boundaries · retrieved 2026-09-05
Population, 2010 Census count7,618
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04
Housing units2,575
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04
Median household income$247,361
2020–2024 ACS 5-year estimate ±41,035 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age40.8
2020–2024 ACS 5-year estimate ±2 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01002_001E · on 2020 boundaries · retrieved 2026-09-05
Median gross rent$2,755
2020–2024 ACS 5-year estimate ±760 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25064_001E · on 2020 boundaries · retrieved 2026-09-05
Median home value$833,600
2020–2024 ACS 5-year estimate ±53,892 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area1.3 sq mi
Census Gazetteer 2020
RestaurantsNot published for this ZIP
2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 07028
Restaurants per 10,000 residents2.6
DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such
Restaurant growth, 5-year-40.0%
DERIVED: 2016 → 2021, ZIP Code Business Patterns restaurants
Restaurant growth, 10-year+50.0%
DERIVED: 2011 → 2021, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year+50.0%
DERIVED: 2001 → 2021, ZIP Code Business Patterns restaurants
Projected restaurants, 20264 (range 2–7)
FORECAST · linear trend v1 fitted to 2011–2021 (11 points, 0.0 per year, r² 0.00) · 80% range · confidence Low · momentum, not a guarantee
Projected population, 5 years aheadNeeds more ACS years on file
BMIE Market Score72 / 100
MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score80 / 100
MODELED · consumer_market_score v1 · confidence High · why?
Restaurant Opportunity Score86 / 100
MODELED · restaurant_opportunity_score v1 · confidence High · why?
Market Momentum Score41 / 100
MODELED · market_momentum_score v1 · confidence High · why?

Map

Boundary: U.S. Census Bureau cartographic file, 1:500k, 2020 vintage. Basemap © OpenStreetMap contributors.

Why these scores?

Each score is a weighted average of national percentile ranks (0 = lowest of all ZCTAs with that figure, 100 = highest). Weights are set in the model registry, not in code, and every score carries its model version.

BMIE Market Score: 72 (High confidence)

ComponentValueRankWeightAdds
Consumer Market Score79.78040%+31.9
Restaurant Opportunity Score86.18635%+30.1
Market Momentum Score41.24125%+10.3
Health index, advertising, whitespace, competition and risk components join in later versions.

Consumer Market Score: 80 (High confidence)

ComponentValueRankWeightAdds
Population (ACS)8,0226740%+27.0
Median household income (ACS)247,36110040%+39.8
Households (ACS)2,5336520%+12.9
Percentile-rank composite. No spending model yet: income and size stand in for spending capacity.

Restaurant Opportunity Score: 86 (High confidence)

ComponentValueRankWeightAdds
10-year restaurant growth508235%+28.8
Restaurants per 10,000 residents (lower = more room)3.79625%+23.9
Population (ACS)8,0226720%+13.5
Median household income (ACS)247,36110020%+19.9
Whitespace, competition and demand signals are not yet available; this version uses growth, density, size and income only.

Market Momentum Score: 41 (High confidence)

ComponentValueRankWeightAdds
5-year restaurant growth-40750%+3.5
10-year restaurant growth508230%+24.7
20-year restaurant growth506520%+13.0
Restaurant-count growth only until population and income growth series exist.

A high score is a statistical position among all U.S. ZCTAs, not a prediction that a restaurant will succeed.

Restaurants on file (5)

By cuisine

American 2 · Bakery 2 · Coffee 2 · Burgers 1 · Italian 1 · Sandwiches 1

By type

Bakery 2 · Café 2 · Coffee shop 2 · Quick service 2 · Specialty food shop 1 · Other 1 · Restaurant (service type not stated) 1

NameTypeCuisineAddressStatus
Fitzgerald's 1928Restaurant (service type not stated)American13 Herman Stopen
Smashburger SmashburgerQuick serviceBurgers · American989 Bloomfield Ave. Tenant 1Copen
Starbucks StarbucksCoffee shop · Café · BakeryCoffee · Bakery710 Bloomfield Aveopen
Traditional Italian DeliOther · Specialty food shop · Quick serviceSandwiches · Italian855 Bloomfield Aveopen
Whisk It All Cafe & BakeryCafé · Coffee shop · BakeryCoffee · Bakery10 Herman Stopen
Listings: Overture Maps Places (CDLA-Permissive-2.0), matched into the BMIE restaurant master. Census establishment counts and listing counts differ by definition (Census counts employer establishments in the reference week; listings are places currently mapped).

Restaurant establishments over time

YearAll food serviceRestaurantsFull-serviceLimited-serviceSnack & beverageBarsIndustry codes
199511SIC1987
199633SIC1987
199733SIC1987
19984211NAICS1997
19993211NAICS1997
20003211NAICS1997
200142111NAICS1997
20023211NAICS1997
20034321NAICS2002
20044211NAICS2002
20054211NAICS2002
20064211NAICS2002
200753111NAICS2002
200862111NAICS2007
200952111NAICS2007
201052111NAICS2007
201152111NAICS2007
201263111NAICS2012
201386132NAICS2012
201486222NAICS2012
201575131NAICS2012
201675221NAICS2012
2017753NAICS2017
201854NAICS2017
201954NAICS2017
202054NAICS2017
202143NAICS2017
20224NAICS2022
20233NAICS2022
U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 07028. Categories are BMIE roll-ups of the published SIC/NAICS codes (full vs limited service is not split under SIC). More years load in stages.

Nearby markets (within 5 miles)

ZCTADistanceRestaurantsYear
070031.0 mi1072023
070421.0 mi1222023
070172.3 mi192023
071092.4 mi492023
071102.8 mi642023
070442.8 mi282023
070432.8 mi352023
070503.0 mi392023
071073.0 mi472023
071043.2 mi502023
070523.4 mi722023
070183.5 mi342023
Distance is centroid to centroid (Census Gazetteer). Restaurants: latest ZBP year on file for that ZIP.