ZIP code 08003: income, home prices and cost of living

The median household income in ZIP 08003 is $145,590, which is 36% above the New Jersey median of $107,307 and 112% above the national figure. The typical home is valued at $385,100, and the median rent is $1,717/month. 85.9% of households own their home.

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

Median household income

$145,590

New Jersey average
$107,30736%
National
$68,750112%

Median home value

$385,100

New Jersey average
$409,6006%
National
$209,60084%

Median gross rent

$1,717

New Jersey average
$1,6603%
National
$98474%

Median age

46.0 yrs

New Jersey average
41.9 yrs10%
National
41.0 yrs12%

Homeownership rate

85.9%

New Jersey average
76.4%12%
National
75.8%13%

Bachelor's degree or higher

32.4%

New Jersey average
26.9%20%
National
15.9%104%

How ZIP 08003 compares with New Jersey and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Homes in 08003 typically sell around $385,100. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in New Jersey

08002080040800508007080080800908010080120801508016

Or compare 08003 with 08002.

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See every local figure on the New Jersey money guide.

What people search about ZIP 08003

Searches for the cost of living in 08003, the median household income in 08003, average rent in 08003 and home values in this part of New Jersey all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 08003, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

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