ZIP code 08640: income, home prices and cost of living

The median household income in ZIP 08640 is $91,250, which is 15% below the New Jersey median of $107,307 and 33% above the national figure. The typical home is valued at n/a, and the median rent is $2,374/month. 0.2% of households own their home.

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

Median household income

$91,250

New Jersey average
$107,30715%
National
$68,75033%

Median home value

n/a

New Jersey average
$409,600
National
$209,600

Median gross rent

$2,374

New Jersey average
$1,66043%
National
$984141%

Median age

34.7 yrs

New Jersey average
41.9 yrs17%
National
41.0 yrs15%

Homeownership rate

0.2%

New Jersey average
76.4%100%
National
75.8%100%

Bachelor's degree or higher

11.7%

New Jersey average
26.9%57%
National
15.9%26%

How ZIP 08640 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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Nearby ZIP codes in New Jersey

Or compare 08640 with 08638.

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What people search about ZIP 08640

Searches for the cost of living in 08640, the median household income in 08640, average rent in 08640 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 08640, 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.