08740 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 08740 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateNew Jersey
CityOcean Gate
Time ZoneAmerica/New_York
Geo Location39.9282, -74.13378
Population1629
Size1.146 square miles
Median Family Income$63828.00
Median Home Value$268300.00

Population & Demographics

The following information lists the population statistics and breakdown for the 08740 zip code. The total population is 1629, of which, 739 are male and 890 are female. With a total area of 1.146 square miles, the population density is 1396.8 people per square mile. The median age of the population is 48.4 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
20111683
20121908
20131961
20142072
20152105
20162060
20171911
20181733
20191601
20201488
20211629

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 261.6%
Age 5-9603.7%
Age 10-141428.7%
Age 15-19503.1%
Age 20-241469
Age 25-29563.4%
Age 30-341086.6%
Age 35-391147%
Age 40-4485 5.2%
Age 45-49533.3%
Age 50-54754.6%
Age 55-591368.3%
Age 60-6416710.3%
Age 65-6917210.6%
Age 70-741126.9%
Age 75-79322%
Age 80-84372.3%
Age 85 and over583.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 2.2 %
  • Speaks Spanish: 1.7 %
  • Speaks Other Indo-European Language: 0.5 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 40.9 %
  • Divorced: 9.5 %
  • Separated (not divorced): 0 %
  • Never Married: 39.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 08740 zip code is $63828. This is -14.76% less than the national average. This income places 5.8% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $51618. 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 $10,000.000
$10,000.00 – $14,999.0028
$15,000.00 – $24,999.000
$25,000.00 – $34,999.007
$35,000.00 – $49,999.0065
$50,000.00 – $74,999.00105
$75,000.00 – $99,999.0071
$100,000.00 – $149,999.0080
$150,000.00 – $199,999,0011
$200,000.00 +28

YearMedian Family Income ($ USD)
201174875
201274375
201368512
201469779
201580563
201680139
201779423
201878750
201980000
202058068
202163828

Income Source# of Households
Wage or Salary513
Self Employment67
Social Security383
Dividends, Interest, or Rental73
Retirement197
Other88

Total Insured & Uninsured Individuals: 
  • Families Insure: 1520
  • Families Uninsured: 109
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 197
  • No retirement income: 560

Education

In the 08740 zip code, 93.4% of individuals over 25 years old have a high school degree or higher, and 29.9% have a bachelors degree or higher. Additionally, 8.2% of individuals 3 years and older are in private school, and 91.8% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 08740 zip, there are an estimated 831 people in the labor force, of which, 779 are employed, and 52 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 25.8 minutes. Of the total people that work, 70 worked from home and 765 commuted. The average number of hours worked is 37. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts288
Services169
Sales and Office130
Construction and Maintenance:104
Transportation and Material Moving88





Housing

The median home value for the 08740 zip code is 268300. There is an estimated  757 number of occupied housing units, the median gross rent in is $1773 per month, and the average monthly housing costs are estimated to be $1560. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00014
$50,000 – $99,0009
$100,000 – $149,99923
$150,000 – $199,99966
$200,000 – $299,999266
$300,000 – $499,999175
$500,000 – $999,99913
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201953
2000 – 200916
1980 – 1999174
1960 – 1979134
1940 – 1959203
1939 or earlier177

The median number of rooms in all housing units is 5.7 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5000
$500 – $99926
$1,000 – $1,4995
$1,500 – $1,99986
$2,000 – $2,49939
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 30014
300-4998
500-799115
800-999117
1000-149981
1500-1999247
2000-249976
2500-299926
3000+38

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%149
20%-24.9%56
25%-29.9%21
30%-34.9%17
35+%126



# of VehiclesHouseholds
None40
1295
2285
3+137
Home Heating Characteristics: 
  • Utility Gas: 94.1 %
  • Bottle Tank or LP Gas: 0 %
  • Electricity: 4.6 %
  • Oil or Kerosene etc: 1.3 %
  • Coal or Coke: 0 %
  • All Other: 0 %

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