08406, NJ Demographics

Population 8,988 · Census ACS 2020–24

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08406, NJ map of median age by neighborhood
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Population and households in ZIP 08406

Household size in ZIP 08406

Household size, people per household
PeriodZIP 08406New JerseyU.S.
2006–102.332.772.68
2010–142.512.822.73
2015–192.302.782.71
2020–241.972.762.65
Change−0.36−0.01−0.03
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Households in ZIP 08406 are small: just 1.97 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 dropped from 2.33, a much bigger shift than nationally. Of the 425 New Jersey ZIP codes with 5,000+ people, only six have smaller households.

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 08406

Median age, years
PeriodZIP 08406New JerseyU.S.
2006–1046.739.137.7
2010–1446.440.038.6
2015–1952.441.039.6
2020–2454.740.940.1
Change+8.0+1.8+2.3
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With a median age of 54.7, ZIP 08406 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. The median age has climbed from 46.7 in 2006–10, a much bigger shift than nationally. Only six of the 425 New Jersey ZIP codes with 5,000+ people are older.

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 08406

Single-parent households, % of households
PeriodZIP 08406New JerseyU.S.
2006–1012.0%11.6%12.3%
2010–1410.9%11.8%12.3%
2015–197.0%10.8%11.6%
2020–246.6%11.3%11.6%
Change−5.4 pts−0.4 pts−0.6 pts
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Single-parent households are relatively rare in ZIP 08406: 6.6% of households, against 11.6% nationally. The single-parent share has fallen 5.4 points since 2006–10, a much bigger shift than nationally.

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 08406

Renters in ZIP 08406

Renters, % of occupied homes
PeriodZIP 08406New JerseyU.S.
2006–1034.8%33.1%33.3%
2010–1441.3%35.0%35.6%
2015–1934.1%36.1%36.0%
2020–2437.6%36.2%34.8%
Change+2.8 pts+3.1 pts+1.5 pts
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Nearly four in ten households in ZIP 08406 rent their homes (37.6%), close to the national share of 34.8%. Among homeowners, 57.6% have no mortgage at all, well above the national share of 39.8%. Rentals cluster in the south; owners are most common in the northwest. Since 2006–10, the renter share has risen 2.8 points, as it has 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 08406

Vacant homes, % of all homes
PeriodZIP 08406New JerseyU.S.
2006–1034.4%9.1%11.4%
2010–1441.5%9.3%11.4%
2015–1938.9%9.3%11.1%
2020–2435.2%6.6%9.6%
Change+0.8 pts−2.5 pts−1.8 pts
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Vacant homes make up 35.2% of the housing in ZIP 08406, 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. Since 2006–10, vacancy has edged up 0.8 points, even as the national rate fell.

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 08406

Age of homes, median year built
PeriodZIP 08406New JerseyU.S.
2006–10196119651974
2010–14195919661975
2015–19195519671977
2020–24196219691980
Change+0+5+6
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The housing in ZIP 08406 is old by national standards: the median home dates to 1962, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. The newest homes are mostly in the north, the oldest in the southwest.

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 08406

Rent, per month
PeriodZIP 08406New JerseyU.S.
2006–10$1,152$1,246$965
2010–14$1,081$1,324$1,040
2015–19$1,209$1,522$1,213
2020–24$1,387$1,896$1,571
Change+$234+$651+$606
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The median renter in ZIP 08406 pays $1,387 a month for rent and utilities, below the national median of $1,571. Rent has climbed $234 a month since 2006–10, up 20%, a slower climb than the nation's. Rent takes 33.4% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched. The priciest rents are in the northwest; the most affordable are in the east.

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 08406

Bachelor's degrees in ZIP 08406

Bachelor's degrees, % of adults 25+
PeriodZIP 08406New JerseyU.S.
2006–1025.7%34.7%28.4%
2010–1427.8%36.4%29.6%
2015–1934.1%39.6%32.1%
2020–2441.2%43.4%35.6%
Change+15.5 pts+8.6 pts+7.2 pts
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College degrees are a bit more common in ZIP 08406 than nationally: 41.2% of adults 25 and older have a bachelor's or higher, against 35.6%. Since 2006–10, the share with a degree has risen 15.5 points, mirroring the country. College graduates are most concentrated in the south and least in the north.

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 08406

High school graduates, % of adults 25+
PeriodZIP 08406New JerseyU.S.
2006–1086.3%87.0%84.9%
2010–1488.4%88.1%86.1%
2015–1990.5%89.5%87.7%
2020–2495.9%90.2%89.3%
Change+9.6 pts+3.2 pts+4.3 pts
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High school completion is high in ZIP 08406: 95.9% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma is up 9.6 points from 2006–10, as it has nationally.

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 08406

Unemployment, % of the labor force
PeriodZIP 08406New JerseyU.S.
2006–107.9%7.9%8.1%
2010–1412.7%9.8%9.4%
2015–1910.3%5.6%5.6%
2020–248.9%6.4%5.4%
Change+1.0 pts−1.5 pts−2.7 pts
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Finding work has been harder in ZIP 08406: 8.9% of the labor force was out of work and looking, well above the national rate of 5.4%. Since 2006–10, unemployment has edged up 1.0 points, even as the national rate fell. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current 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 08406 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 084061.9754.76.6%37.6%35.2%1962$1,38741.2%95.9%8.9%
ZIP 084022.0558.93.7%11.6%52.9%1969$74656.7%96.3%4.1%
ZIP 084012.4739.523.2%69.6%16.2%1962$1,14620.9%78.7%16.4%
ZIP 084031.9862.03.2%12.0%60.3%1974$2,24058.7%98.8%11.6%
ZIP 082323.1434.625.3%49.6%7.1%1970$1,41311.0%73.8%9.9%
ZIP 082252.5644.94.5%11.7%5.0%1965$1,87148.9%94.5%3.2%
ZIP 082212.6045.59.3%9.2%11.3%1969$2,03060.3%96.6%5.6%
ZIP 082012.7139.97.9%26.1%5.6%1978$1,87729.7%92.8%6.4%
ZIP 082031.9259.33.7%23.3%51.2%1978$1,62747.8%93.2%5.7%
ZIP 082442.2642.69.6%47.4%17.7%1970$1,35535.7%92.7%10.6%
ZIP 082342.9040.710.1%15.3%6.1%1992$1,81533.8%92.0%8.1%

All figures 2020–24.

Zip codes with similar populations: 46278, IN · 31087, GA · 84701, UT · 32179, FL · 83672, ID · 35085, AL · 78942, TX · 77554, TX · 76567, TX · 36853, AL

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 08406. 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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