ZIP Code 07724
ZIP Code Tabulation Area in Monmouth County, New Jersey.
- Population
- 23,830
- Median household income
- $99,170
- Median home value
- $487,300
+13.9%’19–’23
+19.8%’19–’23
+30.2%’19–’23
ZIP Code 07724 (Monmouth County, New Jersey) is home to about 23,830 residents. At $99,170, its median household income sits below Monmouth County's $122,727.
Between 2019 and 2023, ZIP Code 07724's population grew 13.9% from 20,920 to 23,830, while its median gross rent rose 28.2% from $1,279 to $1,640.
The largest age group is 55 to 64, 17.5% of residents. White (non-Hispanic) residents are the largest group, 63.9% of the population.
Demographics
ACS 2019–2023- Population
- 23,830
- Median age
- 45.6 yrs
- Median household income
- $99,170
- Median home value
- $487,300
- Median gross rent
- $1,640
- Housing units
- 10,424
- Homeownership rate
- 69.6%
- Bachelor's degree or higher
- 44.8%
- Unemployment rate
- 7.8%
Trends
ACS 5-year · 2019–202320,92023,830
$82,783$99,170
$374,300$487,300
$1,279$1,640
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 20,920 | $82,783 | $374,300 | $1,279 |
| 2020 | 21,162 | $86,953 | $375,800 | $1,312 |
| 2021 | 23,332 | $90,827 | $394,100 | $1,421 |
| 2022 | 23,739 | $96,794 | $438,000 | $1,557 |
| 2023 | 23,830 | $99,170 | $487,300 | $1,640 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 54.2%
5 to 1714.1%
18 to 249.0%
25 to 3410.4%
35 to 4411.5%
45 to 5414.9%
55 to 6417.5%
65 to 7411.2%
75 and over7.2%
| Count | Share | |
|---|---|---|
| Under 5 | 1,012 | 4.2% |
| 5 to 17 | 3,358 | 14.1% |
| 18 to 24 | 2,133 | 9.0% |
| 25 to 34 | 2,472 | 10.4% |
| 35 to 44 | 2,734 | 11.5% |
| 45 to 54 | 3,559 | 14.9% |
| 55 to 64 | 4,170 | 17.5% |
| 65 to 74 | 2,673 | 11.2% |
| 75 and over | 1,719 | 7.2% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 15,221 | 63.9% |
| Black or African American | 1,806 | 7.6% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 2,294 | 9.6% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 4 | 0.0% |
| Two or more races | 1,363 | 5.7% |
| Hispanic or Latino (any race) | 3,142 | 13.2% |
Educational attainment (age 25+)
No high school diploma7.8%
High school graduate20.9%
Some college or associate's26.5%
Bachelor's degree26.1%
Graduate or professional degree18.7%
| Count | Share | |
|---|---|---|
| No high school diploma | 1,360 | 7.8% |
| High school graduate | 3,616 | 20.9% |
| Some college or associate's | 4,593 | 26.5% |
| Bachelor's degree | 4,522 | 26.1% |
| Graduate or professional degree | 3,236 | 18.7% |
Commute to work
- Mean travel time to work
- 28 min
Drove alone71.9%
Carpooled8.4%
Public transit4.1%
Walked0.9%
Bicycle0.0%
Worked from home13.1%
Other means1.6%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 8,989 | 71.9% |
| Carpooled | 1,048 | 8.4% |
| Public transit | 511 | 4.1% |
| Walked | 109 | 0.9% |
| Bicycle | 0 | 0.0% |
| Worked from home | 1,641 | 13.1% |
| Other means | 199 | 1.6% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 3,473 | 32.0% |
| 15 to 29 min | 3,648 | 33.6% |
| 30 to 44 min | 1,613 | 14.9% |
| 45 to 59 min | 630 | 5.8% |
| 60+ min | 1,492 | 13.7% |
Households
- Average household size
- 2.37
- Poverty rate
- 8.2% (1,936 of 23,640)
| Count | Share | |
|---|---|---|
| Family households | 6,070 | 60.9% |
| Nonfamily households | 3,904 | 39.1% |
Housing
- Median year structure built
- 1974
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 9,974 | 95.7% |
| Vacant | 450 | 4.3% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 6,943 | 69.6% |
| Renter-occupied | 3,031 | 30.4% |
1-unit, detached50.5%
1-unit, attached16.5%
2 to 4 units7.0%
5 to 19 units17.1%
20 or more units6.7%
Mobile home & other2.2%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 5,260 | 50.5% |
| 1-unit, attached | 1,715 | 16.5% |
| 2 to 4 units | 732 | 7.0% |
| 5 to 19 units | 1,787 | 17.1% |
| 20 or more units | 698 | 6.7% |
| Mobile home & other | 232 | 2.2% |
Geography
- ZCTA
- 07724
- Land area
- 12 sq mi
- Water area
- 0.11 sq mi
- Center point
- 40.2986, -74.0742
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)