ZIP 08753 - 860Z200US08753 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 08753, located in Toms River, New Jersey, this demographic and housing snapshot offers a clear picture of the area in 2023. With a sizable population, strong median income, and a diverse housing market, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the data to help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 08753 is home to a robust population of 64,788 residents as of 2023, making it a vibrant and active community. This population is spread across 24,945 households, indicating a mix of family sizes and living arrangements. The total number of housing units in the area stands at 27,900, suggesting a slight surplus of available homes or rentals compared to occupied households. This balance could mean flexibility for newcomers or investors looking to enter the market.

Income & Housing Costs

Financially, ZIP 08753 stands out with a median household income of $101,648, reflecting a relatively affluent community with strong purchasing power. This income level supports a healthy local economy, which can be a draw for businesses and investors. On the housing front, the median home value is $377,200, positioning the area as a mid-to-high range market in the region. For renters, the median rent is $1,742 per month, which aligns with the area’s income levels but may require careful budgeting for some households. These figures highlight a stable housing market with opportunities for both buyers and renters.

Race & Ethnicity

The demographic makeup of ZIP 08753 reflects a diverse yet predominantly white community. As of 2023, the racial composition is 77.33% white, 3.4% Black, 3.57% Asian, and 11.96% Hispanic. This diversity, while not evenly distributed, contributes to a culturally rich environment that can appeal to a wide range of residents and business owners. Understanding this mix is key for tailoring services, marketing strategies, or community engagement efforts in the area.

Key Facts

• Total population: 64,788 residents, indicating a sizable and active community.
• Total households: 24,945, showing a strong base of family and individual units.
• Total housing units: 27,900, suggesting potential availability for new residents or investors.
• Median household income: $101,648, reflecting economic stability and purchasing power.
• Median home value: $377,200, positioning the area as a competitive housing market.
• Median rent: $1,742, indicating a significant but manageable cost for renters.
• Racial diversity: 77.33% white, 11.96% Hispanic, with smaller Black (3.4%) and Asian (3.57%) populations.

What This Means for You

For homebuyers, ZIP 08753 offers a stable housing market with a median home value of $377,200, which suggests long-term value appreciation potential. The slight surplus of housing units (27,900 vs. 24,945 households) could mean less competition for available properties. If you’re a renter, the median rent of $1,742 is reasonable given the high median income, but it’s wise to factor this into your budget.

For investors and real estate agents, the data points to a promising market. The population size and income levels support demand for both residential and rental properties. The diversity in housing costs also allows for targeting different income brackets, whether through affordable rentals or higher-end home sales.

For small-business owners, the median household income of $101,648 signals a community with disposable income to spend on local goods and services. The diverse demographic mix also means you can cater to varied cultural preferences, enhancing your customer base. Consider how your offerings align with the needs of a predominantly white but growing Hispanic population.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing demand, and community development in ZIP 08753. The balance of population and housing units, paired with income data, offers a starting point for forecasting growth or identifying gaps in the market.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 08753? Start by visiting ZipcodeGPT for a user-friendly way to access detailed demographic and housing data.
• Input any ZIP code to generate a customized report with the latest metrics tailored to your needs, whether for personal, investment, or business purposes.
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