08724 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 08724 is White. The majority race/ethnicity attending public schools in 08724 is White. The current unemployment level in 08724 is 4.7%.
| Population | 40,560 |
| Population Growth Rate | -3.85% |
| Population Density | 2,732 People per Square Mile |
| Total Households | 17,098 |
| Percentage High Income Households | 4.7% |
| Median Household Income (2021) | $81,793 |
| Average Adjusted Gross Income (2021) | $396,310 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicity | White - 84.19% |
| Public School Majority Race/Ethnicity | White - 72.13% |
08724 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 34,279 | 84.19% |
| Black | 1,742 | 4.28% |
| Hispanic | 4,147 | 10.18% |
| Asian | 541 | 1.33% |
| Native American | 9 | 0.02% |
| Hawaiian/Pac. Islander | 0 | 0% |
08724 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 3,085 | 73.89% |
| Black | 338 | 8.1% |
| Hispanic | 669 | 16.02% |
| Asian | 74 | 1.77% |
| Native American | 6 | 0.14% |
| Hawaiian/Pac. Islander | 3 | 0.07% |
08724 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 2,036 | 7.05% |
| Bachelor Degree | 6,032 | 20.89% |
| High School Diploma | 10,324 | 35.75% |
| No High School Diploma | 517 | 1.79% |
| GED or Alternate | 1,000 | 3.46% |
| 1 or More Years of College | 4,516 | 15.64% |
| Associates Degree | 2,391 | 8.28% |
| Masters Degree | 1,686 | 5.84% |
| Professional Degree | 291 | 1.01% |
| Doctorate Degree | 87 | 0.3% |
