ZIP Code 08514
ZIP Code Tabulation Area in Monmouth County, New Jersey.
- Population
- 5,270
- Median household income
- $118,854
- Median home value
- $508,000
+9.7%’19–’23
+17.9%’19–’23
+37.9%’19–’23
Covering part of Monmouth County, New Jersey, ZIP Code 08514 has about 5,270 residents. Its median household income of $118,854 runs in line with the Monmouth County figure of $122,727.
Between 2019 and 2023, ZIP Code 08514's population grew 9.7% from 4,804 to 5,270, while its median gross rent rose 8.7% from $1,325 to $1,440.
The typical home was built around 1991. 7.2% of residents live below the poverty line.
Demographics
ACS 2019–2023- Population
- 5,270
- Median age
- 40.6 yrs
- Median household income
- $118,854
- Median home value
- $508,000
- Median gross rent
- $1,440
- Housing units
- 2,156
- Homeownership rate
- 91.4%
- Bachelor's degree or higher
- 40.4%
- Unemployment rate
- 6.5%
Trends
ACS 5-year · 2019–20234,8045,270
$100,781$118,854
$368,400$508,000
$1,325$1,440
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 4,804 | $100,781 | $368,400 | $1,325 |
| 2020 | 4,964 | $103,427 | $391,600 | $1,661 |
| 2021 | 5,151 | $107,344 | $431,800 | $1,220 |
| 2022 | 5,597 | $120,811 | $485,900 | $1,425 |
| 2023 | 5,270 | $118,854 | $508,000 | $1,440 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 55.6%
5 to 1718.6%
18 to 249.2%
25 to 346.9%
35 to 4415.9%
45 to 5412.7%
55 to 6413.6%
65 to 749.1%
75 and over8.3%
| Count | Share | |
|---|---|---|
| Under 5 | 294 | 5.6% |
| 5 to 17 | 978 | 18.6% |
| 18 to 24 | 487 | 9.2% |
| 25 to 34 | 366 | 6.9% |
| 35 to 44 | 839 | 15.9% |
| 45 to 54 | 669 | 12.7% |
| 55 to 64 | 719 | 13.6% |
| 65 to 74 | 479 | 9.1% |
| 75 and over | 439 | 8.3% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 4,575 | 86.8% |
| Black or African American | 26 | 0.5% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 254 | 4.8% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 0 | 0.0% |
| Two or more races | 92 | 1.7% |
| Hispanic or Latino (any race) | 323 | 6.1% |
Educational attainment (age 25+)
No high school diploma6.4%
High school graduate29.8%
Some college or associate's23.4%
Bachelor's degree28.8%
Graduate or professional degree11.5%
| Count | Share | |
|---|---|---|
| No high school diploma | 224 | 6.4% |
| High school graduate | 1,047 | 29.8% |
| Some college or associate's | 823 | 23.4% |
| Bachelor's degree | 1,012 | 28.8% |
| Graduate or professional degree | 405 | 11.5% |
Commute to work
- Mean travel time to work
- 36 min
Drove alone74.7%
Carpooled8.0%
Public transit0.0%
Walked1.1%
Bicycle0.0%
Worked from home14.7%
Other means1.6%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 1,870 | 74.7% |
| Carpooled | 201 | 8.0% |
| Public transit | 0 | 0.0% |
| Walked | 27 | 1.1% |
| Bicycle | 0 | 0.0% |
| Worked from home | 368 | 14.7% |
| Other means | 39 | 1.6% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 316 | 14.8% |
| 15 to 29 min | 633 | 29.6% |
| 30 to 44 min | 480 | 22.5% |
| 45 to 59 min | 215 | 10.1% |
| 60+ min | 493 | 23.1% |
Households
- Average household size
- 2.77
- Poverty rate
- 7.2% (376 of 5,235)
| Count | Share | |
|---|---|---|
| Family households | 1,265 | 66.6% |
| Nonfamily households | 635 | 33.4% |
Housing
- Median year structure built
- 1991
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 1,900 | 88.1% |
| Vacant | 256 | 11.9% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 1,737 | 91.4% |
| Renter-occupied | 163 | 8.6% |
1-unit, detached85.2%
1-unit, attached3.3%
2 to 4 units2.2%
5 to 19 units0.0%
20 or more units0.0%
Mobile home & other9.3%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 1,837 | 85.2% |
| 1-unit, attached | 71 | 3.3% |
| 2 to 4 units | 47 | 2.2% |
| 5 to 19 units | 0 | 0.0% |
| 20 or more units | 0 | 0.0% |
| Mobile home & other | 201 | 9.3% |
Geography
- ZCTA
- 08514
- Land area
- 27 sq mi
- Water area
- 0.53 sq mi
- Center point
- 40.1342, -74.4917
Counties this ZIP covers
2Compare 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)