08724 vs 08723: cost of living, income and home prices

ZIP 08724 (New Jersey) has a median household income of $87,644 and a typical home value of $348,300. ZIP 08723 (New Jersey) sits at $100,596 and $359,100.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Measure0872408723
Median household income$87,644$100,596
Median home value$348,300$359,100
Median gross rent$1,758$1,531
Median age45.0 yrs43.8 yrs
Homeownership rate82.1%79.0%
Bachelor's degree or higher24.2%20.1%

08724 vs 08723, side by side

Which ZIP wins?

  • Cheaper to buy in: 08724 — typical home value $348,300.
  • Higher household income: 08723$100,596.
  • Renting: 08723 has the lower median rent.

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Methodology

Both columns use ZIP Code Tabulation Area estimates from the same Census release, so the comparison is like for like.

We only publish comparisons where both areas have at least 5,000 residents, which keeps the margin of error usable.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.