ZIP 08822 - 860Z200US08822 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 08822, located in 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 strong economic profile, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics—population, income, housing costs, and diversity—to help you make informed decisions about this community.

Population & Households

ZIP 08822 is home to 32,002 residents, making it a moderately sized community with a stable population base. These individuals are distributed across 12,028 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 12,274, indicating a slight surplus of available homes 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 properties.

Income & Housing Costs

Economically, ZIP 08822 stands out with a median household income of $137,698, well above the national average. This figure points to a prosperous community with significant purchasing power, which can be a draw for businesses targeting higher-income demographics. On the housing front, the median home value is $513,900, reflecting a robust real estate market that may appeal to investors seeking long-term appreciation. For renters, the median rent is $1,685 per month, which aligns with the area’s higher cost of living but offers options for those not ready to buy. These metrics highlight ZIP 08822 as a financially strong area with a competitive housing landscape.

Race & Ethnicity

The demographic makeup of ZIP 08822 showcases a diverse yet predominantly white population. Approximately 75.18% of residents identify as white, while 12.37% are Hispanic, 6.41% are Asian, and 2.53% are Black. This diversity, though not evenly distributed, contributes to a culturally rich community that can support a variety of businesses and social initiatives. For investors and business owners, understanding this composition can help tailor offerings or marketing strategies to resonate with the local population.

Key Facts

• Total population: 32,002 residents in ZIP 08822 as of 2023.
• Total households: 12,028, indicating a strong residential base.
• Total housing units: 12,274, with a small surplus of available properties.
• Median household income: $137,698, reflecting economic strength.
• Median home value: $513,900, signaling a high-value real estate market.
• Median rent: $1,685, consistent with the area’s cost of living.
• Racial composition: 75.18% white, 12.37% Hispanic, 6.41% Asian, 2.53% Black.

What This Means for You

For homebuyers, ZIP 08822 offers a financially stable community with a median home value of $513,900, ideal for those seeking a long-term investment in a prosperous area. The slight surplus of housing units (12,274 total versus 12,028 households) could mean less competition for available properties, though the higher price point requires careful budgeting. Real estate investors and agents will find the high median income and home values promising for rental yields or property flips, especially given the area’s economic strength. Small-business owners can leverage the $137,698 median household income to target affluent customers, while the diverse population offers a chance to cater to varied cultural preferences. Analysts studying market trends will appreciate the balanced demographics and housing data as a foundation for deeper research into this ZIP code’s potential.

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