ZIP Code 08502
ZIP Code Tabulation Area in Somerset County, New Jersey.
- Population
- 12,081
- Median household income
- $223,444
- Median home value
- $766,000
+7.1%’19–’23
+10.9%’19–’23
+20.1%’19–’23
ZIP Code 08502 (Somerset County, New Jersey) is home to about 12,081 residents. The median household income of $223,444 is above the Somerset County median ($135,960).
From 2019 to 2023, ZIP Code 08502's population grew 7.1% from 11,275 to 12,081, while its median gross rent rose 23.8% from $2,028 to $2,511.
The median gross rent is $2,511. 76.9% of adults 25 and older hold a bachelor's degree or higher.
Demographics
ACS 2019–2023- Population
- 12,081
- Median age
- 41.8 yrs
- Median household income
- $223,444
- Median home value
- $766,000
- Median gross rent
- $2,511
- Housing units
- 4,049
- Homeownership rate
- 82.0%
- Bachelor's degree or higher
- 76.9%
- Unemployment rate
- 4.6%
Trends
ACS 5-year · 2019–202311,27512,081
$201,406$223,444
$637,900$766,000
$2,028$2,511
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 11,275 | $201,406 | $637,900 | $2,028 |
| 2020 | 11,244 | $201,984 | $635,000 | $2,146 |
| 2021 | 11,467 | $206,250 | $637,100 | $2,196 |
| 2022 | 11,603 | $229,272 | $735,700 | $2,290 |
| 2023 | 12,081 | $223,444 | $766,000 | $2,511 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 55.1%
5 to 1721.6%
18 to 247.2%
25 to 347.1%
35 to 4416.3%
45 to 5418.3%
55 to 6414.1%
65 to 746.3%
75 and over4.0%
| Count | Share | |
|---|---|---|
| Under 5 | 611 | 5.1% |
| 5 to 17 | 2,615 | 21.6% |
| 18 to 24 | 865 | 7.2% |
| 25 to 34 | 858 | 7.1% |
| 35 to 44 | 1,975 | 16.3% |
| 45 to 54 | 2,205 | 18.3% |
| 55 to 64 | 1,708 | 14.1% |
| 65 to 74 | 764 | 6.3% |
| 75 and over | 480 | 4.0% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 5,047 | 41.8% |
| Black or African American | 346 | 2.9% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 5,532 | 45.8% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 88 | 0.7% |
| Two or more races | 454 | 3.8% |
| Hispanic or Latino (any race) | 614 | 5.1% |
Educational attainment (age 25+)
No high school diploma1.3%
High school graduate7.2%
Some college or associate's14.6%
Bachelor's degree34.6%
Graduate or professional degree42.3%
| Count | Share | |
|---|---|---|
| No high school diploma | 104 | 1.3% |
| High school graduate | 577 | 7.2% |
| Some college or associate's | 1,164 | 14.6% |
| Bachelor's degree | 2,762 | 34.6% |
| Graduate or professional degree | 3,383 | 42.3% |
Commute to work
- Mean travel time to work
- 37 min
Drove alone59.0%
Carpooled4.2%
Public transit2.5%
Walked1.4%
Bicycle0.0%
Worked from home29.9%
Other means3.1%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 3,763 | 59.0% |
| Carpooled | 270 | 4.2% |
| Public transit | 157 | 2.5% |
| Walked | 90 | 1.4% |
| Bicycle | 0 | 0.0% |
| Worked from home | 1,906 | 29.9% |
| Other means | 197 | 3.1% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 447 | 10.0% |
| 15 to 29 min | 1,514 | 33.8% |
| 30 to 44 min | 1,278 | 28.5% |
| 45 to 59 min | 465 | 10.4% |
| 60+ min | 773 | 17.3% |
Households
- Average household size
- 2.98
- Poverty rate
- 2.3% (278 of 12,039)
| Count | Share | |
|---|---|---|
| Family households | 3,543 | 87.5% |
| Nonfamily households | 506 | 12.5% |
Housing
- Median year structure built
- 1993
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 4,049 | 100.0% |
| Vacant | 0 | 0.0% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 3,320 | 82.0% |
| Renter-occupied | 729 | 18.0% |
1-unit, detached75.8%
1-unit, attached8.5%
2 to 4 units2.4%
5 to 19 units10.1%
20 or more units3.2%
Mobile home & other0.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 3,070 | 75.8% |
| 1-unit, attached | 343 | 8.5% |
| 2 to 4 units | 98 | 2.4% |
| 5 to 19 units | 410 | 10.1% |
| 20 or more units | 128 | 3.2% |
| Mobile home & other | 0 | 0.0% |
Geography
- ZCTA
- 08502
- Land area
- 13 sq mi
- Water area
- 0.09 sq mi
- Center point
- 40.4482, -74.6532
Counties this ZIP covers
1Compare with nearby ZIP codes
5National 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)