08016 can be classified socioeconomically as Middle Class class compared to other ZIP Codes in New Jersey based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 08016 is White. The majority race/ethnicity attending public schools in 08016 is African American. The current unemployment level in 08016 is 4.1%.
| Population | 34,710 |
| Population Growth Rate | 2.69% |
| Population Density | 1,608 People per Square Mile |
| Total Households | 11,999 |
| Percentage High Income Households | 3.8% |
| Median Household Income (2021) | $86,185 |
| Average Adjusted Gross Income (2021) | $322,610 |
| Current Unemployment Rate (May 2026) | 4.1% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicty | White - 49.89% |
| Public School Majority Race/Ethnicty | African American - 38.27% |
08016 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 17,119 | 49.89% |
| Black | 11,246 | 32.78% |
| Hispanic | 3,217 | 9.38% |
| Asian | 2,602 | 7.58% |
| Native American | 127 | 0.37% |
| Hawaiian/Pac. Islander | 0 | 0% |
08016 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 2,011 | 36.33% |
| Black | 2,198 | 39.7% |
| Hispanic | 788 | 14.23% |
| Asian | 516 | 9.32% |
| Native American | 12 | 0.22% |
| Hawaiian/Pac. Islander | 11 | 0.2% |
08016 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 1,682 | 8.41% |
| Bachelor Degree | 4,256 | 21.28% |
| High School Diploma | 6,787 | 33.94% |
| No High School Diploma | 305 | 1.53% |
| GED or Alternate | 635 | 3.18% |
| 1 or More Years of College | 3,052 | 15.26% |
| Associates Degree | 1,723 | 8.62% |
| Masters Degree | 1,258 | 6.29% |
| Professional Degree | 206 | 1.03% |
| Doctorate Degree | 94 | 0.47% |