Population 265 · Census ACS 2020–24
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Population and households in ZIP 08240
Household size in ZIP 08240
| Period | ZIP 08240 | New Jersey | U.S. |
|---|---|---|---|
| 2006–10 | 1.00 | 2.77 | 2.68 |
| 2010–14 | 2.27 | 2.82 | 2.73 |
| 2015–19 | 3.17 | 2.78 | 2.71 |
| 2020–24 | 1.80 | 2.76 | 2.65 |
| Change | +0.80 | −0.01 | −0.03 |
Households in ZIP 08240 are small: just 1.80 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Since 2006–10, household size has climbed from 1.00, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 08240
| Period | ZIP 08240 | New Jersey | U.S. |
|---|---|---|---|
| 2006–10 | 20.3 | 39.1 | 37.7 |
| 2010–14 | 20.2 | 40.0 | 38.6 |
| 2015–19 | 20.3 | 41.0 | 39.6 |
| 2020–24 | 20.3 | 40.9 | 40.1 |
| Change | ±0.0 | +1.8 | +2.3 |
ZIP 08240 is young: half of its residents are under 20.3, compared with a national median of 40.1. The population tilts toward young adults in their twenties.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 08240
| Period | ZIP 08240 | New Jersey | U.S. |
|---|---|---|---|
| 2006–10 | 12.9% | 11.6% | 12.3% |
| 2010–14 | 60.0% | 11.8% | 12.3% |
| 2015–19 | 12.6% | 10.8% | 11.6% |
| 2020–24 | 10.3% | 11.3% | 11.6% |
| Change | −2.6 pts | −0.4 pts | −0.6 pts |
Single-parent households are a bit less common in ZIP 08240 than nationally: 10.3%, against 11.6%. That is in line with the rest of New Jersey.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 08240
Renters in ZIP 08240
| Period | ZIP 08240 | New Jersey | U.S. |
|---|---|---|---|
| 2006–10 | 0.0% | 33.1% | 33.3% |
| 2010–14 | 60.0% | 35.0% | 35.6% |
| 2015–19 | 0.0% | 36.1% | 36.0% |
| 2020–24 | 60.0% | 36.2% | 34.8% |
| Change | +60.0 pts | +3.1 pts | +1.5 pts |
Renters far outnumber owners in ZIP 08240: 60.0% of households rent their homes, against 34.8% nationally. About four in ten owners (40.0%) have paid off their mortgages, about the same as nationally.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 08240
| Period | ZIP 08240 | New Jersey | U.S. |
|---|---|---|---|
| 2006–10 | 19.2% | 9.1% | 11.4% |
| 2010–14 | 20.4% | 9.3% | 11.4% |
| 2015–19 | 22.1% | 9.3% | 11.1% |
| 2020–24 | 17.1% | 6.6% | 9.6% |
| Change | −2.1 pts | −2.5 pts | −1.8 pts |
Vacancy is high in ZIP 08240: 17.1% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 08240
| Period | ZIP 08240 | New Jersey | U.S. |
|---|---|---|---|
| 2006–10 | 1938 | 1965 | 1974 |
| 2010–14 | 1962 | 1966 | 1975 |
| 2015–19 | 1974 | 1967 | 1977 |
| 2020–24 | 1978 | 1969 | 1980 |
| Change | +40 | +5 | +6 |
The typical home in ZIP 08240 was built around 1978, about the same vintage as the country's housing overall (1980). Homes here are newer than in New Jersey overall, where the median home dates to 1969.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 08240
| Period | ZIP 08240 | New Jersey | U.S. |
|---|---|---|---|
| 2006–10 | $955 | $1,246 | $965 |
| 2010–14 | $1,043 | $1,324 | $1,040 |
| 2015–19 | $1,120 | $1,522 | $1,213 |
| 2020–24 | $1,376 | $1,896 | $1,571 |
| Change | +$421 | +$651 | +$606 |
A typical rental in ZIP 08240 costs $1,376 a month with utilities, below the national median of $1,571. The typical renter here spends 33.5% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 08240
Bachelor's degrees in ZIP 08240
| Period | ZIP 08240 | New Jersey | U.S. |
|---|---|---|---|
| 2006–10 | – | 34.7% | 28.4% |
| 2010–14 | 45.2% | 36.4% | 29.6% |
| 2015–19 | 46.2% | 39.6% | 32.1% |
| 2020–24 | 46.7% | 43.4% | 35.6% |
| Change | +8.6 pts | +7.2 pts |
College graduates are unusually common in ZIP 08240: 46.7% of adults 25 and older have a bachelor's degree or higher, against 35.6% nationally. Education tends to track local incomes and the kinds of jobs nearby.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 08240
| Period | ZIP 08240 | New Jersey | U.S. |
|---|---|---|---|
| 2006–10 | 92.0% | 87.0% | 84.9% |
| 2010–14 | 100.0% | 88.1% | 86.1% |
| 2015–19 | 100.0% | 89.5% | 87.7% |
| 2020–24 | 100.0% | 90.2% | 89.3% |
| Change | +8.0 pts | +3.2 pts | +4.3 pts |
Finishing high school is nearly universal in ZIP 08240: 100.0% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 08240
| Period | ZIP 08240 | New Jersey | U.S. |
|---|---|---|---|
| 2006–10 | 19.2% | 7.9% | 8.1% |
| 2010–14 | 8.8% | 9.8% | 9.4% |
| 2015–19 | 14.3% | 5.6% | 5.6% |
| 2020–24 | 18.9% | 6.4% | 5.4% |
| Change | −0.3 pts | −1.5 pts | −2.7 pts |
Finding work has been harder in ZIP 08240: 18.9% of the labor force was out of work and looking, well above the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 08240 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 08240 | 1.80 | 20.3 | 10.3% | 60.0% | 17.1% | 1978 | $1,376 | 46.7% | 100.0% | 18.9% |
| ZIP 08205 | 2.50 | 41.6 | 11.4% | 20.0% | 4.7% | 1988 | $1,555 | 36.2% | 93.4% | 7.5% |
| ZIP 08241 | 2.60 | 47.0 | 9.0% | 4.3% | 7.5% | 1989 | $1,963 | 31.9% | 98.6% | 4.8% |
| ZIP 08215 | 2.39 | 48.3 | 6.9% | 26.9% | 7.0% | 1973 | $1,655 | 21.4% | 91.7% | 5.2% |
| ZIP 08201 | 2.71 | 39.9 | 7.9% | 26.1% | 5.6% | 1978 | $1,877 | 29.7% | 92.8% | 6.4% |
| ZIP 08232 | 3.14 | 34.6 | 25.3% | 49.6% | 7.1% | 1970 | $1,413 | 11.0% | 73.8% | 9.9% |
| ZIP 08224 | 2.78 | 49.7 | 5.9% | 14.0% | 14.6% | 1975 | $1,821 | 22.7% | 91.0% | 4.0% |
| ZIP 08234 | 2.90 | 40.7 | 10.1% | 15.3% | 6.1% | 1992 | $1,815 | 33.8% | 92.0% | 8.1% |
| ZIP 08225 | 2.56 | 44.9 | 4.5% | 11.7% | 5.0% | 1965 | $1,871 | 48.9% | 94.5% | 3.2% |
| ZIP 08330 | 2.54 | 41.5 | 11.1% | 28.4% | 4.9% | 1986 | $1,505 | 28.1% | 92.5% | 10.9% |
| ZIP 08203 | 1.92 | 59.3 | 3.7% | 23.3% | 51.2% | 1978 | $1,627 | 47.8% | 93.2% | 5.7% |
All figures 2020–24.
Zip codes with similar populations: 85926, AZ · 08095, NJ · 25132, WV · 76852, TX · 77615, TX · 28575, NC · 28520, NC · 56249, MN · 26814, WV · 26271, WV
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 08240. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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