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ZIP Code 08243

ZIP / ZCTA

Population: 2,079

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 — 08243

What is the median household income in 08243?
The median household income in 08243 is $98,860 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in 08243?
The poverty rate in 08243 is 4.1% (U.S. Census Bureau ACS 2023).
What is the median home value in 08243?
$1,019,500 (U.S. Census Bureau ACS 2023).
What percentage of 08243 residents have a college degree?
47.5% of adults in 08243 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,079
Median Income
$98,860
Median Home Value
$1,019,500
Poverty Rate
4.1%
Unemployment (ACS 2023)
3.5%
Median Age
65.0 yrs
Since 2019 Median Income: +$25,457 (+34.7%) Home Value: +$347,800 (+51.8%) Poverty Rate: -2.3 pp (-35.9%) Bachelor's+: +0.8 pp (+1.7%) Unemployment: -4.8 pp (-57.8%)

Demographics

Total Population 2,079
Median Age 65.0
Female 50.0%
Race & Ethnicity
Hispanic or Latino 1.9% White (non-Hisp.) 96.7% Black 0.1% Two or More 3.1%

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

Income & Poverty

Median Household Income $98,860 ±$12,051
Per Capita Income $136,090
Median Family Income $122,000
Poverty Rate 4.1%
Child Poverty Rate 0.0%
Working-Age Poverty Rate
SNAP Recipients 1.2%
Social Security Income
Retirement Income 56.8%
Household Income Distribution
< $10k
1.9%
$10–15k
1.5%
$15–25k
3.2%
$25–35k
4.2%
$35–50k
10.9%
$50–75k
14.3%
$75–100k
15.4%
$100–150k
17.2%
$150–200k
8.2%
$200k+
23.3%

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

Housing

Total Housing Units 6,719
Owner-Occupied 93.8%
Renter-Occupied 6.2%
Vacancy Rate 83.3%
Median Home Value $1,019,500
Median Gross Rent
Owner Cost Burden (30%+) 44.0%
Renter Cost Burden (30%+) 51.0%
Home Value Distribution
< $50k
0.9%
$50–100k
0.5%
$100–200k
1.2%
$200–300k
0.4%
$300–500k
3.3%
$500k–$1M
39.3%
$1M+
52.2%
Gross Rent Distribution
$1–1.5k
54.9%
$2–2.5k
25.5%
$2.5–3.5k
9.8%
$3.5k+
9.8%
Vehicle Availability
No vehicle
5.0%
1 vehicle
44.1%
2 vehicles
35.0%
3+
15.9%
Housing Type
Single-fam. det.
14.2%
Single-fam. att.
58.5%
2–4 units
11.9%
5–19 units
4.8%
20+ units
5.5%
Housing Age
Pre-1940
3.3%
1940–1969
1.5%
1970–1999
11.5%
2000–2009
26.8%
2010+
11.6%

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

Education

High School or Higher 98.7%
Bachelor's or Higher 47.5%
Graduate Degree 21.6%
Some College / Associate 22.1%
Less Than High School 0.1%
Enrolled in School

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

Employment

Labor Force Participation 39.3%
Unemployment Rate 3.5%
Work from Home 17.7%
Self-Employed 9.1%
Government Workers 20.8%
Private For-Profit 70.1%
Industry
Edu/Health
25.9%
Finance
13.5%
Prof. Services
13.3%
Arts/Entmt.
9.4%
Construction
7.9%
Manufacturing
6.6%
Transportation
5.6%
Retail
4.6%
Information
3.9%
Wholesale
3.4%
Public Admin
1.6%
Occupation
Management
53.4%
Sales
24.0%
Food Prep
10.9%
Construction
8.8%
Production
2.9%

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

Commute

Median Travel Time 30.4 min
Drove Alone 74.0%
Carpool 2.9%
Public Transit 1.3%
Work from Home 17.7%
Walked 3.4%
Bicycle

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

Households & Families

Total Households 1,125
Avg. Household Size 1.00
Avg. Family Size
Married-Couple Households 61.2%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 7.3%
Multigenerational

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

Age Distribution

Under 5
1.4%
5–9
0.2%
10–14
3.8%
15–19
1.9%
20–24
1.8%
25–34
3.0%
35–44
4.2%
45–54
12.9%
55–64
9.7%
65–74
10.5%
75–84
27.4%
85+
19.4%
Under 18: 6.3% Working age (18–64): 93.7% 65 and over: 50.6%

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

Social Characteristics

Immigration

Foreign Born 1.8%
Naturalized Citizen 73.0%
Speaks English Less Than Very Well 0.9%
Foreign-Born Origin
Europe
40.5%
Latin America
27.0%
Africa
13.5%

Veterans & Disability

Veteran 7.4%
With a Disability 14.3%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 99.4%
Uninsured 0.6%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 96.7%
Has a Computer 98.4%
Same House 1 Year Ago 86.7%
Moved from Abroad 0.2%

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