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ZIP Code 08062

ZIP / ZCTA

Population: 17,969

ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — 08062

What is the median household income in 08062?
The median household income in 08062 is $159,386 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in 08062?
The poverty rate in 08062 is 2.5% (U.S. Census Bureau ACS 2023).
What is the median home value in 08062?
$468,600 (U.S. Census Bureau ACS 2023).
What is the average rent in 08062?
The median gross rent in 08062 is $1,097 per month (U.S. Census Bureau ACS 2023).
What percentage of 08062 residents have a college degree?
54.2% of adults in 08062 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
17,969
Median Income
$159,386
Median Home Value
$468,600
Poverty Rate
2.5%
Unemployment (ACS 2023)
5.2%
Median Age
40.0 yrs
Since 2019 Median Income: +$18,777 (+13.4%) Home Value: +$111,500 (+31.2%) Poverty Rate: +2.0 pp (+400%) Bachelor's+: -0.4 pp (-0.7%) Unemployment: +2.4 pp (+85.7%)

Demographics

Total Population 17,969
Median Age 40.0
Female 48.7%
Race & Ethnicity
Hispanic or Latino 4.4% White (non-Hisp.) 84.0% Black 3.7% Asian 4.4% Two or More 4.0% Other 1.6%
Asian Subgroups (% of total pop.)
Indian
1.6%
Korean
0.7%
Filipino
0.4%
Vietnamese
0.2%
Japanese
0.2%
Chinese
0.1%
Hispanic Subgroups (% of total pop.)
Puerto Rican
1.8%
Mexican
0.8%
Cuban
0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $159,386 ±$14,857
Per Capita Income $193,107
Median Family Income $169,880
Poverty Rate 2.5%
Child Poverty Rate 4.0%
Working-Age Poverty Rate
SNAP Recipients 4.1%
Social Security Income
Retirement Income 27.2%
Household Income Distribution
< $10k
1.2%
$10–15k
1.0%
$15–25k
1.9%
$25–35k
4.4%
$35–50k
1.5%
$50–75k
7.3%
$75–100k
7.3%
$100–150k
21.8%
$150–200k
15.9%
$200k+
37.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 5,796
Owner-Occupied 92.4%
Renter-Occupied 7.6%
Vacancy Rate 3.1%
Median Home Value $468,600
Median Gross Rent $1,097
Owner Cost Burden (30%+) 14.1%
Renter Cost Burden (30%+) 43.0%
Home Value Distribution
< $50k
2.9%
$50–100k
1.0%
$100–200k
2.7%
$200–300k
10.9%
$300–500k
37.1%
$500k–$1M
41.7%
$1M+
2.1%
Gross Rent Distribution
< $500
25.0%
$500–1k
18.9%
$1–1.5k
26.6%
$1.5–2k
17.8%
$2–2.5k
1.9%
$2.5–3.5k
4.8%
$3.5k+
5.1%
Vehicle Availability
No vehicle
2.8%
1 vehicle
14.7%
2 vehicles
46.7%
3+
35.8%
Housing Type
Single-fam. det.
90.1%
Single-fam. att.
2.6%
5–19 units
0.9%
20+ units
1.7%
Mobile home
3.1%
Housing Age
Pre-1940
5.5%
1940–1969
1.0%
1970–1999
7.7%
2000–2009
28.6%
2010+
12.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 95.1%
Bachelor's or Higher 54.2%
Graduate Degree 21.9%
Some College / Associate 11.5%
Less Than High School 1.9%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 67.0%
Unemployment Rate 5.2%
Work from Home 21.6%
Self-Employed 5.2%
Government Workers 17.1%
Private For-Profit 77.7%
Industry
Edu/Health
26.1%
Prof. Services
15.3%
Retail
12.7%
Construction
9.1%
Manufacturing
8.1%
Finance
6.9%
Public Admin
5.2%
Arts/Entmt.
4.7%
Transportation
4.0%
Wholesale
2.2%
Information
1.8%
Agriculture
0.4%
Occupation
Management
56.6%
Sales
17.9%
Food Prep
9.9%
Construction
8.5%
Production
7.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 26.9 min
Drove Alone 69.2%
Carpool 7.0%
Public Transit 0.4%
Work from Home 21.6%
Walked 0.8%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 5,618
Avg. Household Size 3.00
Avg. Family Size
Married-Couple Households 73.7%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 37.2%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.4%
5–9
8.6%
10–14
7.0%
15–19
8.2%
20–24
5.3%
25–34
9.8%
35–44
13.2%
45–54
13.6%
55–64
8.1%
65–74
7.2%
75–84
8.4%
85+
3.6%
Under 18: 26.2% Working age (18–64): 73.8% 65 and over: 13.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 5.5%
Naturalized Citizen 81.5%
Speaks English Less Than Very Well 2.3%
Foreign-Born Origin
Asia
65.2%
Latin America
15.1%
Europe
12.7%
Africa
1.2%

Veterans & Disability

Veteran 4.8%
With a Disability 10.1%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 97.0%
Uninsured 3.0%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 97.0%
Has a Computer 98.0%
Same House 1 Year Ago 93.2%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023