ZIP 07748 - 860Z200US07748 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 07748, located in Monmouth County, New Jersey, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 28,000 and a strong median household income, this ZIP code presents a stable and affluent community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these metrics provide valuable insights to guide your decisions. Let’s break down the key data points to help you understand what makes ZIP 07748 unique.

Population & Households

ZIP 07748 is home to 28,288 residents, making it a moderately sized community with a suburban feel. The area supports 10,229 households, reflecting a solid base of families and individuals. With 10,446 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking for rental opportunities. This balance suggests a stable housing market with room for growth or flexibility.

Income & Housing Costs

One of the standout features of ZIP 07748 is its robust median household income of $152,488. This figure points to a financially secure population, likely attracting professionals and families seeking a high quality of life. Housing costs align with this affluence, as the median home value stands at $568,000. For renters, the median rent is $1,483 per month, which is relatively high but reflective of the area’s economic strength and desirable location. These numbers suggest that ZIP 07748 is a premium market, ideal for those with the budget to invest in property or establish a business catering to an upscale clientele.

Race & Ethnicity

The demographic makeup of ZIP 07748 shows a predominantly white population at 81.69%, with smaller but notable representation from other groups. Hispanic residents account for 11.46% of the population, while Asian and Black residents make up 2.0% and 1.08%, respectively. This composition indicates a community with moderate diversity, which can be a draw for businesses and families looking for a blend of cultural perspectives while still maintaining a largely homogeneous environment. Understanding this mix can help tailor services, marketing, or community engagement strategies for maximum impact.

Key Facts

• Total population: 28,288 residents, offering a sizable community for engagement or customer base.
• Total households: 10,229, indicating a strong residential foundation.
• Total housing units: 10,446, with a small surplus suggesting potential availability.
• Median household income: $152,488, reflecting significant purchasing power.
• Median home value: $568,000, positioning this as a high-value real estate market.
• Median rent: $1,483, aligning with the area’s upscale economic profile.
• Racial composition: 81.69% white, 11.46% Hispanic, 2.0% Asian, 1.08% Black, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 07748 offers a premium living experience with high home values and a strong median income, suggesting a stable and prosperous neighborhood. However, the $568,000 median home price means you’ll need a substantial budget or financing plan to enter this market. For investors and real estate agents, the slight surplus of housing units (10,446 total vs. 10,229 households) could signal opportunities for rentals or flips, especially given the area’s affluent demographic. The high median rent of $1,483 also supports a strong rental market for potential landlords.

For small-business owners, the $152,488 median household income indicates a customer base with disposable income, ideal for premium products or services. Tailoring offerings to a predominantly white but moderately diverse population can help you connect with the community. Finally, analysts can use these metrics to benchmark ZIP 07748 against nearby areas, identifying trends in housing demand or economic growth that could influence future investments or policy decisions.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 07748? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed population, income, and housing insights tailored to your needs.
• Use the results to make informed decisions for your home purchase, investment, or business strategy with confidence.