08514 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 08514 is White. The current unemployment level in 08514 is 4.7%.
| Population | 5,597 |
| Population Growth Rate | -4.47% |
| Population Density | 220 People per Square Mile |
| Total Households | 1,640 |
| Percentage High Income Households | 16.4% |
| Median Household Income (2021) | $107,344 |
| Average Adjusted Gross Income (2021) | $401,900 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicty | White - 90.65% |
08514 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 4,779 | 90.65% |
| Black | 66 | 1.25% |
| Hispanic | 202 | 3.83% |
| Asian | 225 | 4.27% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
08514 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 150 | 5.62% |
| Bachelor Degree | 769 | 28.79% |
| High School Diploma | 588 | 22.01% |
| No High School Diploma | 11 | 0.41% |
| GED or Alternate | 136 | 5.09% |
| 1 or More Years of College | 298 | 11.16% |
| Associates Degree | 280 | 10.48% |
| Masters Degree | 250 | 9.36% |
| Professional Degree | 80 | 3% |
| Doctorate Degree | 109 | 4.08% |