Climate Risk Summary

Zip Code 07857, Risk Profile

The primary drivers of climate-related financial risk in Netcong, NJ (07857) are Inland Flooding, Cold Wave, and Strong Wind.

Understanding the Dollars

Expected Annual Loss (EAL) is a statistical average of property damage for this entire zip code over a standard year across all properties.

  • / It represents the "average cost" rather than a guaranteed yearly bill.
  • / It can be used to compare the relative risk from different hazards and across different neighborhoods.

Primary Risks

Inland Flooding

$310,547

Expected Annual Loss for Zip Code 07857

18.7Score

Relatively Low compared to US average

07857
Minimal Estimated LossMax Estimated Loss

Cold Wave

$99,046

Expected Annual Loss for Zip Code 07857

66.0Score

Relatively Moderate compared to US average

07857
Minimal Estimated LossMax Estimated Loss

Strong Wind

$38,716

Expected Annual Loss for Zip Code 07857

71.8Score

Relatively Moderate compared to US average

07857
Minimal Estimated LossMax Estimated Loss

Zip Code Risk Map

Legend
Very Low
Low
Moderate
High
Very High
Extreme

Financial Risk Inventory

MAJOR DRIVER
Inland Flooding
$310,547
Score: 18.7
MAJOR DRIVER
Cold Wave
$99,046
Score: 66.0
MAJOR DRIVER
Strong Wind
$38,716
Score: 71.8
Tornado
$34,468
Score: 38.5
Heat Wave
$30,664
Score: 40.7
Hurricane
$28,107
Score: 59.9
Earthquake
$23,955
Score: 43.8
Lightning
$13,161
Score: 52.5
Winter Weather
$8,976
Score: 78.6
Ice Storm
$1,265
Score: 16.2
Hail
$559
Score: 14.5
Wildfire
$6
Score: 21.5
Landslide
$3
Score: 50.4

Recommended Mitigation Strategies

Recommended investments to protect your property value and reduce insurance liability based on your local risk profile.

💧Medium Investment

Inland Flooding Mitigation

Install a smart sump pump with battery backup and extend downspouts 10ft from foundation.

Risk Score: 18.7
🏠Low Investment

Cold Wave Mitigation

General property maintenance and insurance review recommended.

Risk Score: 66.0
💨Low Investment

Strong Wind Mitigation

Trim large trees back from the roofline and reinforce roof-to-wall connectors (hurricane straps).

Risk Score: 71.8

Methodology and Sources

Spatial Aggregation

Our "Atlas" risk scores are derived using a population-weighted spatial join. Because US Zip Codes and Census Tracts do not share perfectly aligned boundaries, a simple geographic average would be misleading. We utilize US Census Block Group population statistics to identify where residents actually live within a Zip Code. We then intersect these points with FEMA National Risk Index (NRI) hazard data to calculate a weighted exposure score.

Financial Projections (EAL)

Expected Annual Loss (EAL) estimates the average economic impact of natural hazards in dollars per year. This calculation incorporates three components: Exposure (the value of structures and agriculture), Annualized Frequency (historical probability), and Historic Loss Ratio (vulnerability of the area).

Primary Data Sources

Nearby Locations

Zip Code 07836Zip Code 07852Zip Code 07874Zip Code 07850Zip Code 07828Zip Code 07843
07857 Climate Risk Report | Netcong, NJ