ZIP Code 08540
ZIP / ZCTAPopulation: 49,499
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 — 08540
- What is the median household income in 08540?
- The median household income in 08540 is $169,898 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 08540?
- The poverty rate in 08540 is 6.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in 08540?
- $723,400 (U.S. Census Bureau ACS 2023).
- What is the average rent in 08540?
- The median gross rent in 08540 is $2,083 per month (U.S. Census Bureau ACS 2023).
- What percentage of 08540 residents have a college degree?
- 82.4% of adults in 08540 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
49,499
Median Income
$169,898
Median Home Value
$723,400
Poverty Rate
6.3%
Unemployment (ACS 2023)
4.0%
Median Age
40.0 yrs
Since 2019
Median Income:
+$25,694 (+17.8%)
Home Value:
+$72,400 (+11.1%)
Poverty Rate:
+2.5 pp (+65.8%)
Bachelor's+:
+2.1 pp (+2.6%)
Unemployment:
+0.6 pp (+17.6%)
Demographics
Total Population
49,499
Median Age
40.0
Female
50.0%
Race & Ethnicity
Hispanic or Latino 6.7%
White (non-Hisp.) 52.5%
Black 5.6%
Asian 31.2%
Two or More 6.7%
Other 2.1%
Asian Subgroups (% of total pop.)
Indian
17.4%
Chinese
8.0%
Korean
1.8%
Filipino
1.0%
Japanese
0.9%
Vietnamese
0.2%
Hispanic Subgroups (% of total pop.)
Puerto Rican
1.0%
Mexican
0.6%
Cuban
0.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$169,898
±$18,429
Per Capita Income
$240,380
Median Family Income
$223,827
Poverty Rate
6.3%
Child Poverty Rate
8.1%
Working-Age Poverty Rate
—
SNAP Recipients
2.3%
Social Security Income
—
Retirement Income
19.7%
Household Income Distribution
< $10k
3.7%
$10–15k
2.4%
$15–25k
3.4%
$25–35k
2.1%
$35–50k
6.1%
$50–75k
8.2%
$75–100k
8.4%
$100–150k
11.9%
$150–200k
10.7%
$200k+
43.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
19,255
Owner-Occupied
63.4%
Renter-Occupied
36.6%
Vacancy Rate
6.3%
Median Home Value
$723,400
Median Gross Rent
$2,083
Owner Cost Burden (30%+)
20.2%
Renter Cost Burden (30%+)
30.0%
Home Value Distribution
< $50k
1.6%
$50–100k
0.6%
$100–200k
2.0%
$200–300k
1.8%
$300–500k
14.1%
$500k–$1M
49.8%
$1M+
28.1%
Gross Rent Distribution
< $500
3.5%
$500–1k
9.1%
$1–1.5k
19.3%
$1.5–2k
16.0%
$2–2.5k
12.5%
$2.5–3.5k
11.0%
$3.5k+
28.5%
Vehicle Availability
No vehicle
7.9%
1 vehicle
36.8%
2 vehicles
39.8%
3+
15.5%
Housing Type
Single-fam. det.
49.6%
Single-fam. att.
19.4%
2–4 units
1.6%
5–19 units
3.0%
20+ units
13.1%
Housing Age
Pre-1940
10.4%
1940–1969
4.7%
1970–1999
7.7%
2000–2009
16.5%
2010+
10.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.7%
Bachelor's or Higher
82.4%
Graduate Degree
49.0%
Some College / Associate
5.6%
Less Than High School
1.1%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
66.4%
Unemployment Rate
4.0%
Work from Home
35.1%
Self-Employed
5.2%
Government Workers
8.6%
Private For-Profit
86.2%
Industry
Edu/Health
32.5%
Prof. Services
23.1%
Finance
12.5%
Manufacturing
8.6%
Retail
5.4%
Information
4.0%
Arts/Entmt.
3.1%
Construction
2.4%
Public Admin
2.1%
Transportation
1.9%
Wholesale
1.6%
Agriculture
0.9%
Occupation
Management
77.2%
Sales
12.4%
Food Prep
5.5%
Construction
2.6%
Production
2.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
30.0 min
Drove Alone
43.4%
Carpool
3.9%
Public Transit
7.6%
Work from Home
35.1%
Walked
6.9%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
18,037
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
58.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
30.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.8%
5–9
5.7%
10–14
8.5%
15–19
8.0%
20–24
7.5%
25–34
9.5%
35–44
12.7%
45–54
15.4%
55–64
6.7%
65–74
6.4%
75–84
7.9%
85+
4.9%
Under 18: 23.1%
Working age (18–64): 76.9%
65 and over: 14.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
36.0%
Naturalized Citizen
52.4%
Speaks English Less Than Very Well
11.1%
Foreign-Born Origin
Asia
66.8%
Europe
17.6%
Latin America
10.3%
Africa
3.1%
Veterans & Disability
Veteran
2.5%
With a Disability
6.2%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.1%
Uninsured
1.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
94.8%
Has a Computer
98.9%
Same House 1 Year Ago
84.8%
Moved from Abroad
2.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023