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Food Truck Market: ZIP 07506

Opportunity Score
98 / 100 Excellent
Based on walkability, population density, income levels, and food truck competition.

Market Profile

ZIP 07506 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 07506 is an urban area. with a population of 19,472 and household incomes well above the national median ($118,093). There are 31 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

19,472
Population
$118,093
Median Income
+58% vs. national
Urban
Area Type
Median Age: 42.3 — older demographic, may prefer sit-down options.
College-Educated: 34.3% — balanced market for quality & value.

Competition

Food service establishments in ZIP 07506.

17
Sit-Down Restaurants
8.7 per 10K residents
14
Fast Food / Counter
7.2 per 10K residents

Operating Costs

Local cost levels affect commissary kitchen rates, permits, and event vendor pricing.

$2,090
2BR Fair Market Rent
$1,828
Median Gross Rent
$500 K
Median Home Value
5
Bank Branches
$740 K deposits
Commissary estimate: This is a high-cost area. Monthly commissary kitchen rentals typically run $250–$450 in markets like this.

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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits