ZIP 08527 - 860Z200US08527 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 08527, located in the 860Z200US08527 area, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear view of the population, income levels, housing costs, and cultural diversity in this region. Whether you're a homebuyer, real estate investor, agent, small-business owner, or analyst, these insights can guide your next steps with confidence.

Population & Households

ZIP 08527 is home to a substantial population of 58,366 residents, making it a vibrant and active community. This area supports 20,687 households, reflecting a strong residential base. With 21,755 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or investors looking for available properties. The size of this population suggests a market with diverse needs, from housing to local services, creating potential for both residential and commercial growth.

Income & Housing Costs

The median household income in ZIP 08527 stands at $109,059, pointing to a relatively affluent community with solid earning power. This income level supports a robust housing market, where the median house value is $460,600. For renters, the median rent is $1,693 per month, reflecting a competitive rental market that aligns with the area’s higher income bracket. These figures suggest that ZIP 08527 is a desirable location for families and professionals who can afford premium housing costs, while also indicating potential barriers for lower-income buyers or renters.

Race & Ethnicity

The demographic makeup of ZIP 08527 showcases a diverse yet predominantly white population, with 76.1% identifying as white. Hispanic residents make up 13.57% of the population, while Black and Asian communities account for 4.11% and 3.31%, respectively. This mix highlights a community with cultural variety, which can influence local businesses, schools, and social dynamics. For businesses and investors, this diversity offers a chance to cater to a range of cultural preferences and needs, while homebuyers may appreciate the inclusive atmosphere.

Key Facts

• Total population: 58,366 residents, indicating a sizable and active community.
• Total households: 20,687, supporting a strong residential foundation.
• Total housing units: 21,755, suggesting some availability for new occupants or investors.
• Median household income: $109,059, reflecting a financially stable population.
• Median house value: $460,600, positioning this as a premium housing market.
• Median rent: $1,693, indicating a competitive rental landscape.
• Racial composition: 76.1% white, 13.57% Hispanic, 4.11% Black, and 3.31% Asian, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 08527 offers a stable, affluent community with high-quality housing, though the median home value of $460,600 may require significant financial planning. The slight surplus of housing units could mean less competition for available homes, but be prepared for premium pricing. Real estate investors and agents will find a strong market here, with high property values and a median income that supports sustained demand for both purchases and rentals. The rental market, with a median rent of $1,693, also presents opportunities for steady returns, though tenant affordability should be considered.

For small-business owners, the population of 58,366 and diverse demographic profile provide a broad customer base. The higher median income suggests disposable income for goods and services, making this an attractive area for retail, dining, or professional services. However, high housing and rental costs may impact operating expenses or employee recruitment. Analysts can use these metrics to benchmark ZIP 08527 against neighboring areas, identifying trends in population growth, housing demand, or economic stability for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 08527? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to make informed decisions, whether you're buying a home, investing, or planning a business venture.