ZIP Code 08551
ZIP / ZCTAPopulation: 5,950
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 — 08551
- What is the median household income in 08551?
- The median household income in 08551 is $154,966 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 08551?
- The poverty rate in 08551 is 1.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in 08551?
- $580,400 (U.S. Census Bureau ACS 2023).
- What is the average rent in 08551?
- The median gross rent in 08551 is $2,125 per month (U.S. Census Bureau ACS 2023).
- What percentage of 08551 residents have a college degree?
- 65.2% of adults in 08551 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
5,950
Median Income
$154,966
Median Home Value
$580,400
Poverty Rate
1.0%
Unemployment (ACS 2023)
3.9%
Median Age
49.0 yrs
Since 2019
Median Income:
+$15,357 (+11%)
Home Value:
+$104,500 (+22%)
Poverty Rate:
+0.6 pp (+150%)
Bachelor's+:
+10.0 pp (+18.1%)
Unemployment:
-1.5 pp (-27.8%)
Demographics
Total Population
5,950
Median Age
49.0
Female
53.0%
Race & Ethnicity
Hispanic or Latino 6.7%
White (non-Hisp.) 86.2%
Black 0.1%
Asian 5.9%
Two or More 3.0%
Other 0.5%
Asian Subgroups (% of total pop.)
Indian
3.3%
Filipino
1.3%
Chinese
1.0%
Korean
0.3%
Hispanic Subgroups (% of total pop.)
Puerto Rican
1.9%
Mexican
0.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$154,966
±$12,083
Per Capita Income
$201,703
Median Family Income
$177,083
Poverty Rate
1.0%
Child Poverty Rate
0.9%
Working-Age Poverty Rate
—
SNAP Recipients
0.6%
Social Security Income
—
Retirement Income
24.9%
Household Income Distribution
$10–15k
0.5%
$15–25k
1.4%
$25–35k
1.5%
$35–50k
4.4%
$50–75k
9.1%
$75–100k
5.2%
$100–150k
22.0%
$150–200k
17.3%
$200k+
38.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,196
Owner-Occupied
88.8%
Renter-Occupied
11.2%
Vacancy Rate
4.8%
Median Home Value
$580,400
Median Gross Rent
$2,125
Owner Cost Burden (30%+)
24.5%
Renter Cost Burden (30%+)
32.3%
Home Value Distribution
$50–100k
1.4%
$200–300k
6.4%
$300–500k
27.2%
$500k–$1M
57.0%
$1M+
6.0%
Gross Rent Distribution
$1–1.5k
6.8%
$1.5–2k
40.6%
$2–2.5k
10.4%
$2.5–3.5k
16.7%
$3.5k+
25.5%
Vehicle Availability
No vehicle
2.4%
1 vehicle
13.7%
2 vehicles
42.6%
3+
41.3%
Housing Type
Single-fam. det.
93.7%
Single-fam. att.
2.4%
2–4 units
1.3%
Housing Age
Pre-1940
16.8%
1940–1969
2.2%
1970–1999
13.3%
2000–2009
15.7%
2010+
3.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
96.5%
Bachelor's or Higher
65.2%
Graduate Degree
25.1%
Some College / Associate
8.4%
Less Than High School
1.5%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
66.8%
Unemployment Rate
3.9%
Work from Home
24.6%
Self-Employed
2.5%
Government Workers
11.8%
Private For-Profit
85.7%
Industry
Edu/Health
23.3%
Manufacturing
18.6%
Prof. Services
18.5%
Retail
11.5%
Finance
6.6%
Arts/Entmt.
5.3%
Wholesale
3.0%
Transportation
2.9%
Construction
2.8%
Information
2.8%
Public Admin
2.3%
Agriculture
1.5%
Occupation
Management
64.7%
Sales
16.2%
Food Prep
6.9%
Production
6.6%
Construction
5.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
32.6 min
Drove Alone
65.3%
Carpool
8.3%
Public Transit
0.3%
Work from Home
24.6%
Walked
1.2%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,091
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
68.8%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
28.5%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
2.2%
5–9
5.3%
10–14
3.6%
15–19
7.9%
20–24
12.9%
25–34
9.1%
35–44
6.2%
45–54
13.6%
55–64
13.8%
65–74
12.8%
75–84
7.4%
85+
3.3%
Under 18: 16.6%
Working age (18–64): 83.4%
65 and over: 12.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
8.8%
Naturalized Citizen
91.6%
Speaks English Less Than Very Well
1.0%
Foreign-Born Origin
Asia
50.3%
Europe
21.3%
Latin America
18.6%
Africa
9.8%
Veterans & Disability
Veteran
4.5%
With a Disability
3.6%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.9%
Uninsured
2.1%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.5%
Has a Computer
97.2%
Same House 1 Year Ago
92.4%
Moved from Abroad
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023