08055 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 08055 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateNew Jersey
CityMedford
Time ZoneAmerica/New_York
Geo Location39.86375, -74.82251
Population28519
Size103.453 square miles
Median Family Income$160000.00
Median Home Value$371500.00

Population & Demographics

The following information lists the population statistics and breakdown for the 08055 zip code. The total population is 28519, of which, 14122 are male and 14397 are female. With a total area of 103.453 square miles, the population density is 264.1 people per square mile. The median age of the population is 46.8 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201127226
201227253
201327280
201427353
201527398
201627396
201727454
201827355
201927322
202027307
202128519

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 12964.5%
Age 5-913034.6%
Age 10-1420647.2%
Age 15-1920397.1%
Age 20-2413094.6
Age 25-2910763.8%
Age 30-3413054.6%
Age 35-3914525.1%
Age 40-441801 6.3%
Age 45-4916986%
Age 50-5426489.3%
Age 55-5922207.8%
Age 60-6422788%
Age 65-6920917.3%
Age 70-7415275.4%
Age 75-7910103.5%
Age 80-845241.8%
Age 85 and over8783.1%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 4.8 %
  • Speaks Spanish: 1.4 %
  • Speaks Other Indo-European Language: 2.2 %
  • Speaks Pacific Island Languages: 1.2 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 61.1 %
  • Divorced: 7.9 %
  • Separated (not divorced): 0.5 %
  • Never Married: 24.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 08055 zip code is $160000. This is 109.73% greater than the national average. This income places 2.6% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $40253. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0032
$10,000.00 – $14,999.0068
$15,000.00 – $24,999.0041
$25,000.00 – $34,999.00185
$35,000.00 – $49,999.00276
$50,000.00 – $74,999.00509
$75,000.00 – $99,999.00822
$100,000.00 – $149,999.001831
$150,000.00 – $199,999,001575
$200,000.00 +2873

YearMedian Family Income ($ USD)
2011122718
2012123072
2013124231
2014127656
2015123891
2016128192
2017127797
2018132029
2019136953
2020149341
2021160000

Income Source# of Households
Wage or Salary8202
Self Employment1093
Social Security3997
Dividends, Interest, or Rental3214
Retirement3159
Other1183

Total Insured & Uninsured Individuals: 
  • Families Insure: 27911
  • Families Uninsured: 427
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 3159
  • No retirement income: 7173

Education

In the 08055 zip code, 97.7% of individuals over 25 years old have a high school degree or higher, and 59.7% have a bachelors degree or higher. Additionally, 14.9% of individuals 3 years and older are in private school, and 85.1% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 08055 zip, there are an estimated 15560 people in the labor force, of which, 14938 are employed, and 581 are unemployed. There are a total of 41 people in the armed forces. The average commute time for this zip code is 33.5 minutes. Of the total people that work, 1964 worked from home and 14675 commuted. The average number of hours worked is 39. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts8693
Services1352
Sales and Office3615
Construction and Maintenance:395
Transportation and Material Moving883





Housing

The median home value for the 08055 zip code is 371500. There is an estimated  10332 number of occupied housing units, the median gross rent in is $1441 per month, and the average monthly housing costs are estimated to be $2278. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00040
$50,000 – $99,00099
$100,000 – $149,999151
$150,000 – $199,999331
$200,000 – $299,9991631
$300,000 – $499,9995277
$500,000 – $999,9991523
$1,000,000+123

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019588
2000 – 2009980
1980 – 19993274
1960 – 19793748
1940 – 19591107
1939 or earlier635

The median number of rooms in all housing units is 7.8 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50014
$500 – $999131
$1,000 – $1,499478
$1,500 – $1,999183
$2,000 – $2,49994
$2,499 – $2,99999
$3,000 + 132

Monthly Housing Costs ($)Number of Households
Less than 30047
300-49967
500-799234
800-999412
1000-14992232
1500-19991335
2000-24991483
2500-29991673
3000+2823

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%2953
20%-24.9%1152
25%-29.9%663
30%-34.9%471
35+%1099



# of VehiclesHouseholds
None262
12076
24864
3+3130
Home Heating Characteristics: 
  • Utility Gas: 83.9 %
  • Bottle Tank or LP Gas: 1.3 %
  • Electricity: 6.3 %
  • Oil or Kerosene etc: 8.1 %
  • Coal or Coke: 0 %
  • All Other: 0.3 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.