ZIP 08611 - 860Z200US08611 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 08611, located in the heart of New Jersey, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 32,000 and a diverse cultural makeup, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, investing, or operating in 08611.

Population & Households

ZIP 08611 is home to 32,786 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 10,852 households, reflecting a mix of family and individual living arrangements. With 11,638 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate potential for buyers or renters seeking options. This balance between population and housing stock is a critical factor for anyone evaluating the area’s capacity to accommodate growth or new residents.

Income & Housing Costs

The median household income in ZIP 08611 stands at $50,806, which provides a benchmark for understanding the economic profile of the area. For homebuyers and investors, this figure suggests a working-class community where affordability may be a key concern. On the housing front, the median home value is $142,400, positioning 08611 as a relatively accessible market compared to higher-priced regions in New Jersey. Meanwhile, the median rent of $1,300 per month reflects a rental market that aligns with the income levels of many residents, offering insights for landlords or prospective tenants assessing cost of living.

Race & Ethnicity

ZIP 08611 boasts a richly diverse population, with a racial and ethnic composition that shapes its cultural landscape. The largest demographic group is Hispanic, accounting for 61.81% of residents, followed by Black at 20.23%, White at 14.49%, and Asian at 0.61%. This diversity can be a significant draw for businesses aiming to serve a wide customer base or for families seeking a multicultural environment. Understanding this breakdown is also valuable for investors and analysts tracking community trends and needs.

Key Facts

• Total population: 32,786 residents in ZIP 08611 as of 2023.
• Total households: 10,852, indicating a mix of family and solo living.
• Total housing units: 11,638, suggesting some availability for new occupants.
• Median household income: $50,806, reflecting a working-class economic base.
• Median home value: $142,400, offering affordability in the NJ market.
• Median rent: $1,300, aligning with local income levels.
• Dominant demographic: Hispanic at 61.81%, contributing to a diverse community.

What This Means for You

For homebuyers, ZIP 08611 offers an affordable entry point into the New Jersey housing market with a median home value of $142,400. The slight surplus of housing units could mean less competition for properties, but aligning your budget with the median income of $50,806 is key to ensuring long-term financial comfort. Investors and real estate agents might find opportunity in the rental market, where a median rent of $1,300 suggests steady demand, especially given the area’s population size and diversity. The cultural mix, with a significant Hispanic population, could guide property marketing or development strategies to cater to specific community needs.

For small-business owners, the diverse demographic profile of 08611—over 60% Hispanic—presents a chance to tailor products or services to a multicultural audience. The moderate income levels suggest a focus on value-driven offerings could resonate well. Analysts can use these metrics to assess economic stability, housing trends, and cultural dynamics, providing a foundation for deeper market studies or policy recommendations in this ZIP code.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 08611? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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