ZIP Code 07716
ZIP Code Tabulation Area in Monmouth County, New Jersey.
- Population
- 8,528
- Median household income
- $124,096
- Median home value
- $621,700
+4.7%’19–’23
+34.6%’19–’23
+36.4%’19–’23
ZIP Code 07716 (Monmouth County, New Jersey) is home to about 8,528 residents. The median household income of $124,096 is in line with the Monmouth County median ($122,727).
From 2019 to 2023, ZIP Code 07716's population grew 4.7% from 8,142 to 8,528, while its median gross rent rose 49.3% from $1,248 to $1,863.
The median gross rent is $1,863. 46.7% of adults 25 and older hold a bachelor's degree or higher.
Demographics
ACS 2019–2023- Population
- 8,528
- Median age
- 50.3 yrs
- Median household income
- $124,096
- Median home value
- $621,700
- Median gross rent
- $1,863
- Housing units
- 3,931
- Homeownership rate
- 69.2%
- Bachelor's degree or higher
- 46.7%
- Unemployment rate
- 4.4%
Trends
ACS 5-year · 2019–20238,1428,528
$92,222$124,096
$455,700$621,700
$1,248$1,863
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 8,142 | $92,222 | $455,700 | $1,248 |
| 2020 | 8,306 | $102,446 | $471,300 | $1,309 |
| 2021 | 8,173 | $102,227 | $478,900 | $1,460 |
| 2022 | 8,279 | $111,611 | $572,700 | $1,795 |
| 2023 | 8,528 | $124,096 | $621,700 | $1,863 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 52.5%
5 to 1715.5%
18 to 245.1%
25 to 3410.2%
35 to 447.6%
45 to 5418.9%
55 to 6417.3%
65 to 7415.5%
75 and over7.4%
| Count | Share | |
|---|---|---|
| Under 5 | 213 | 2.5% |
| 5 to 17 | 1,321 | 15.5% |
| 18 to 24 | 433 | 5.1% |
| 25 to 34 | 871 | 10.2% |
| 35 to 44 | 649 | 7.6% |
| 45 to 54 | 1,610 | 18.9% |
| 55 to 64 | 1,479 | 17.3% |
| 65 to 74 | 1,325 | 15.5% |
| 75 and over | 627 | 7.4% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 7,427 | 87.1% |
| Black or African American | 273 | 3.2% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 241 | 2.8% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 29 | 0.3% |
| Two or more races | 212 | 2.5% |
| Hispanic or Latino (any race) | 346 | 4.1% |
Educational attainment (age 25+)
No high school diploma8.2%
High school graduate23.4%
Some college or associate's21.7%
Bachelor's degree32.1%
Graduate or professional degree14.6%
| Count | Share | |
|---|---|---|
| No high school diploma | 539 | 8.2% |
| High school graduate | 1,535 | 23.4% |
| Some college or associate's | 1,424 | 21.7% |
| Bachelor's degree | 2,105 | 32.1% |
| Graduate or professional degree | 958 | 14.6% |
Commute to work
- Mean travel time to work
- 37 min
Drove alone65.8%
Carpooled4.5%
Public transit10.8%
Walked0.0%
Bicycle0.2%
Worked from home16.8%
Other means1.9%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 2,967 | 65.8% |
| Carpooled | 204 | 4.5% |
| Public transit | 486 | 10.8% |
| Walked | 1 | 0.0% |
| Bicycle | 9 | 0.2% |
| Worked from home | 756 | 16.8% |
| Other means | 86 | 1.9% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 374 | 10.0% |
| 15 to 29 min | 1,166 | 31.1% |
| 30 to 44 min | 962 | 25.6% |
| 45 to 59 min | 484 | 12.9% |
| 60+ min | 767 | 20.4% |
Households
- Average household size
- 2.25
- Poverty rate
- 3.6% (308 of 8,466)
| Count | Share | |
|---|---|---|
| Family households | 2,269 | 60.3% |
| Nonfamily households | 1,494 | 39.7% |
Housing
- Median year structure built
- 1970
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 3,763 | 95.7% |
| Vacant | 168 | 4.3% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 2,604 | 69.2% |
| Renter-occupied | 1,159 | 30.8% |
1-unit, detached64.1%
1-unit, attached5.0%
2 to 4 units5.9%
5 to 19 units9.5%
20 or more units15.6%
Mobile home & other0.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 2,518 | 64.1% |
| 1-unit, attached | 197 | 5.0% |
| 2 to 4 units | 230 | 5.9% |
| 5 to 19 units | 373 | 9.5% |
| 20 or more units | 613 | 15.6% |
| Mobile home & other | 0 | 0.0% |
Geography
- ZCTA
- 07716
- Land area
- 4.41 sq mi
- Water area
- 0.02 sq mi
- Center point
- 40.4024, -74.0363
Counties this ZIP covers
1Compare with nearby ZIP codes
6National ZIP rankings
21- Largest by population
- Most densely populated
- Highest median household income
- Highest median home value
- Most affordable home values
- Highest median gross rent
- Cheapest median gross rent
- Oldest by median age
- Youngest by median age
- Most college-educated
- Highest poverty rate
- Lowest poverty rate
- Highest homeownership rate
- Lowest homeownership rate
- Longest commutes
- Shortest commutes
- Largest households
- Newest housing
- Oldest housing
- Fastest-growing (2019–2023)
- Fastest-shrinking (2019–2023)