ZIP Code 08901 — Demographics & Housing Data 2023

Overview

If you're considering ZIP code 08901 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of diversity, affordability, and opportunity. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural composition of 08901. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions tailored to your goals.

Population & Households

ZIP 08901 is home to a sizable population of 56,766 residents, making it a vibrant and active community. This population is distributed across 15,905 households, reflecting a mix of family sizes and living arrangements. The total number of housing units in the area stands at 17,071, indicating a slight surplus of available homes compared to occupied households. This could suggest opportunities for buyers or renters looking to move into the area, as well as potential for investors eyeing vacant properties.

Income & Housing Costs

The median household income in ZIP 08901 is $60,248, which offers a solid benchmark for understanding the economic profile of the area. This income level suggests a community with moderate earning power, potentially appealing to businesses targeting middle-income consumers. On the housing front, the median home value is $316,800, positioning 08901 as a relatively accessible market for homebuyers compared to higher-priced regions. For renters, the median rent is $1,790 per month, which reflects a significant but manageable cost for those not ready to buy. These figures provide a balanced view of affordability and investment potential in the area.

Race & Ethnicity

One of the standout features of ZIP 08901 is its diverse population, which enriches the cultural fabric of the community. The racial and ethnic composition breaks down as follows: 50.46% Hispanic, 25.86% White, 11.73% Black, and 8.57% Asian. This diversity creates a welcoming environment for residents and businesses alike, offering a broad customer base and a variety of cultural perspectives. For small-business owners, this mix can translate into opportunities to cater to niche markets or multicultural needs, while homebuyers may appreciate the inclusive atmosphere.

Key Facts

• Total population: 56,766 residents, indicating a lively and sizable community.
• Total households: 15,905, showing a strong base of local families and individuals.
• Total housing units: 17,071, suggesting some availability for new residents or investors.
• Median household income: $60,248, reflecting moderate economic stability.
• Median home value: $316,800, offering a relatively affordable entry point for buyers.
• Median rent: $1,790, a notable but reasonable cost for renters.
• Diverse demographics: Over 50% Hispanic, with significant White, Black, and Asian populations.

What This Means for You

For homebuyers, ZIP 08901 presents an attractive option with a median home value of $316,800, which could be within reach for many middle-income families or first-time buyers. The slight surplus of housing units (17,071 total units versus 15,905 households) might also mean less competition in the market. Real estate investors and agents can see potential in the diversity and population size, which supports demand for both rental and purchase properties—especially with a median rent of $1,790 that could yield steady returns. Small-business owners will find a diverse customer base of over 56,000 people, with a cultural mix that invites tailored products or services, from ethnic foods to community-focused offerings. Finally, analysts can use these metrics to benchmark 08901 against neighboring areas, identifying trends in income, housing costs, or demographic shifts that could influence future growth.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 08901? Start by visiting ZipcodeGPT for a user-friendly way to access detailed demographic and housing data.
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