Is ZIP 07020 a good market for a food truck?

ZIP 07020 scores 100/100 on our food truck opportunity index — a excellent market. The score is calculated from walkability, median income, population density, and existing food truck competition.

What is the median household income in ZIP 07020?

The median household income in ZIP 07020 is $137,847, 85% above the national median of $74,580. Higher incomes support premium pricing and specialty food concepts.

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Food Truck Costs Near Edgewater, NJ (07020)

Opportunity Score

100 / 100 Excellent

Based on walkability, population density, income levels, and local business competition.

Market Profile

ZIP 07020 is a car-dependent urban area. Walkability scores low — below the national average of 10.5. Most customers arrive by vehicle, so parking access matters more than foot traffic. Event catering and business park lunch routes outperform traditional street corners here.

Market Summary

ZIP 07020 is an urban area. with a population of 14,544 and household incomes well above the national median ($137,847). There are 54 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

14,544

Population

$137,847

Median Income

+85% vs. national

Urban

Area Type

Median Age: 39.9 — mixed-age market, broad menu appeal.

College-Educated: 60.1% — strong appetite for artisan/specialty food.

Competition

Food Trucks and related businesses in ZIP 07020.

Sit-Down Restaurants

24.8 per 10K residents

Fast Food / Counter

12.4 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,645

Median Gross Rent

$720 K

Median Home Value

Bank Branches

$470 K deposits

What to Expect Here

Go Where the Crowd Is

Low walkability means foot traffic isn't your friend. Farmers markets, corporate campuses, breweries with food programs, and private events are your revenue base. Get on Roaming Hunger or a local catering platform before you open.

Premium Pricing Holds Here

Income levels and education rates both point toward a market that will pay for quality. Specialty ingredients, dietary accommodations, and strong branding all command price premiums in this ZIP. Don't race to the bottom.