ZIP 08610 - 860Z200US08610 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 08610, located in Hamilton Township, New Jersey, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 33,000 and a diverse community, this ZIP code presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes this area tick and how it aligns with your goals.

Population & Households

ZIP 08610 is home to 33,387 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 12,048 households, reflecting a mix of family structures and living arrangements. The total number of housing units stands at 12,363, indicating a slight surplus of available properties compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant units.

Income & Housing Costs

The median household income in ZIP 08610 is $87,159, positioning it as a community with solid earning potential. This income level supports a comfortable lifestyle for many residents and indicates a stable economic base for local businesses. On the housing front, the median home value is $248,900, which is relatively accessible compared to other parts of New Jersey, offering an attractive entry point for first-time buyers or investors seeking value. For renters, the median rent is $1,491 per month, reflecting a competitive rental market that aligns with the area’s income levels. These figures provide a balanced view of affordability and investment potential in this ZIP code.

Race & Ethnicity

ZIP 08610 stands out for its diverse population, which enriches the cultural fabric of the community. The racial and ethnic composition includes 38.54% White, 15.02% Black, 2.79% Asian, and a significant 42.53% Hispanic or Latino population. This diversity creates a dynamic environment that can appeal to a wide range of residents and business owners. For investors and entrepreneurs, this mix suggests a market with varied needs and preferences, offering opportunities to cater to different cultural tastes and demands.

Key Facts

• Total population: 33,387 residents in 2023.
• Total households: 12,048, with a mix of family and individual setups.
• Total housing units: 12,363, indicating slight availability over occupied homes.
• Median household income: $87,159, supporting a stable local economy.
• Median home value: $248,900, an accessible price point for many buyers.
• Median rent: $1,491, reflecting a competitive rental market.
• Diverse community: 42.53% Hispanic, 38.54% White, 15.02% Black, and 2.79% Asian.

What This Means for You

For homebuyers, ZIP 08610 offers a promising mix of affordability and community diversity. With a median home value of $248,900, you can find properties that fit a range of budgets, while the area’s cultural richness adds to its appeal as a place to call home. Real estate investors and agents will note the slight surplus of housing units (12,363 total vs. 12,048 households), which could signal opportunities for rental properties or fixer-uppers in a market with steady demand. The median income of $87,159 also suggests that residents have the financial capacity to support rental or purchase agreements.

For small-business owners, the diverse population of 33,387 and the strong median income provide a solid customer base with varied needs. Whether you’re opening a restaurant, retail store, or service-based business, the cultural mix—especially the significant Hispanic population at 42.53%—offers a chance to tailor your offerings to specific demographics. Analysts can use these metrics to assess market trends, housing demand, and economic stability in ZIP 08610, providing valuable insights for broader regional studies or investment strategies.

Run This Study Yourself

• Curious about diving deeper into ZIP 08610 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed population, housing, and income metrics tailored to your needs.
• Use the insights to make informed decisions for buying, investing, or launching a business with confidence.