ZIP 08087 - 860Z200US08087 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 08087, located in New Jersey, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 25,000 and a mix of homeowners and renters, this ZIP code presents a stable community with solid economic indicators. Whether you're a homebuyer, real estate investor, agent, small-business owner, or analyst, these insights can guide your next steps with data-driven clarity.

Population & Households

ZIP 08087 is home to 25,211 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 10,736 households, reflecting a strong residential base. The total number of housing units stands at 12,982, indicating some vacancy or seasonal properties in the area. This balance of population and housing suggests a community with room for growth or flexibility for new residents and investors alike.

Income & Housing Costs

The median household income in ZIP 08087 is $87,449, pointing to a financially stable population with above-average earning power compared to national figures. Housing costs align with this income level, with a median home value of $323,500. For renters, the median monthly rent is $1,760, which reflects a competitive rental market. These figures suggest that while homeownership is attainable for many, renting remains a significant option for a portion of the population, offering opportunities for both buyers and landlords.

Race & Ethnicity

The demographic makeup of ZIP 08087 is predominantly White, with 86.11% of the population identifying as such. Hispanic residents account for 5.72%, while Black and Asian populations make up 2.7% and 1.32%, respectively. This composition indicates a relatively homogenous community with smaller but notable diversity. For businesses and investors, understanding this breakdown can help tailor services or marketing strategies to the area's cultural landscape.

Key Facts

• Total population: 25,211 residents in ZIP 08087 as of 2023.
• Total households: 10,736, supporting a robust community structure.
• Total housing units: 12,982, with potential for vacancies or seasonal use.
• Median household income: $87,449, indicating strong local earning capacity.
• Median home value: $323,500, reflecting a solid real estate market.
• Median rent: $1,760 per month, competitive for the region.
• Racial composition: 86.11% White, 5.72% Hispanic, 2.7% Black, 1.32% Asian.

What This Means for You

For homebuyers, ZIP 08087 offers a promising market with a median home value of $323,500, which aligns well with the area’s median income of $87,449. This suggests affordability for middle- to upper-middle-income families, and the availability of over 12,000 housing units means you’re likely to find options that suit your needs. The community’s size and stability also point to a welcoming environment for newcomers.

For investors and real estate agents, the spread between total housing units (12,982) and households (10,736) hints at potential rental or flip opportunities, especially with a median rent of $1,760. This could attract tenants seeking suburban living at a reasonable cost. The steady population and income levels further reduce investment risk in this area.

For small-business owners, the demographic profile and income data suggest a customer base with disposable income to support local goods and services. The predominantly White population with small but growing diversity means businesses can start with broad appeal while exploring niche markets. A population of over 25,000 ensures sufficient foot traffic for retail or service-based ventures.

For analysts, these metrics provide a baseline for deeper research into housing trends, economic stability, or community planning in ZIP 08087. The data reflects a balanced area with potential for growth in both residential and commercial sectors.

Run This Study Yourself

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