ZIP 08105 - 860Z200US08105 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 08105 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in Camden, New Jersey, this area offers a unique blend of diversity and affordability that can appeal to a wide range of stakeholders. Drawing from the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and cultural composition in ZIP 08105. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions tailored to your goals.

Population & Households

ZIP 08105 is home to a population of 26,681 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 8,222 households, reflecting a mix of family and individual living arrangements. With 8,681 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or investors looking to enter the market. This balance between population and housing stock suggests a stable residential base, ideal for those seeking a community with established roots.

Income & Housing Costs

The median household income in ZIP 08105 stands at $48,319, positioning it as a working-class area where affordability remains a key characteristic. For homebuyers, the median house value of $113,100 offers an accessible entry point into homeownership, especially compared to higher-priced neighboring regions. Renters, on the other hand, face a median monthly rent of $1,215, which aligns with the income levels and suggests a balanced cost of living for those not ready to buy. These figures highlight ZIP 08105 as a budget-friendly option for families, first-time buyers, and investors seeking value-driven opportunities.

Race & Ethnicity

One of the standout features of ZIP 08105 is its rich cultural diversity. The racial and ethnic composition of the area shows a predominantly Hispanic population at 70.93%, followed by Black residents at 24.34%. White and Asian populations are smaller, accounting for 1.46% and 1.82%, respectively. This diversity creates a dynamic community atmosphere, offering unique cultural experiences and business opportunities for those looking to cater to a varied customer base. For small-business owners, this mix can be a significant advantage when tailoring products or services to local preferences.

Key Facts

• Total population: 26,681 residents, reflecting a moderately sized community.
• Total households: 8,222, indicating a mix of family and individual living setups.
• Total housing units: 8,681, suggesting a slight surplus of available homes.
• Median household income: $48,319, aligning with a working-class demographic.
• Median house value: $113,100, offering affordability for buyers and investors.
• Median rent: $1,215 per month, reasonable for the local income bracket.
• Ethnic diversity: 70.93% Hispanic, 24.34% Black, showcasing a vibrant cultural mix.

What This Means for You

For homebuyers, ZIP 08105 presents an affordable path to homeownership with a median house value of $113,100, well below many urban markets. First-time buyers or those on a budget will find this area particularly appealing, especially with a stable community of over 26,000 residents to call neighbors. Real estate investors and agents can capitalize on the slight surplus of housing units (8,681 total) compared to occupied households (8,222), potentially identifying rental or flip opportunities at a reasonable entry cost. Small-business owners should note the diverse demographic makeup, especially the large Hispanic population (70.93%), which could guide targeted marketing or product offerings to resonate with local needs. Analysts studying market trends will appreciate the balance of income and housing costs, signaling a sustainable area for long-term growth or investment.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 08105? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to inform your next home purchase, investment decision, or business strategy with confidence and precision.