ZIP Code 08550
ZIP Code Tabulation Area in Mercer County, New Jersey.
- Population
- 20,876
- Median household income
- $206,658
- Median home value
- $758,900
+8.3%’19–’23
+7.5%’19–’23
+21.1%’19–’23
ZIP Code 08550 (Mercer County, New Jersey) is home to about 20,876 residents. At $206,658, its median household income sits above Mercer County's $96,333.
Between 2019 and 2023, ZIP Code 08550's population grew 8.3% from 19,277 to 20,876, while its median gross rent rose 22.0% from $2,209 to $2,694.
2.5% of residents live below the poverty line. Households average 2.70 people.
Demographics
ACS 2019–2023- Population
- 20,876
- Median age
- 45.1 yrs
- Median household income
- $206,658
- Median home value
- $758,900
- Median gross rent
- $2,694
- Housing units
- 7,839
- Homeownership rate
- 76.3%
- Bachelor's degree or higher
- 84.5%
- Unemployment rate
- 3.1%
Trends
ACS 5-year · 2019–202319,27720,876
$192,231$206,658
$626,800$758,900
$2,209$2,694
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 19,277 | $192,231 | $626,800 | $2,209 |
| 2020 | 18,143 | $191,208 | $631,800 | $2,161 |
| 2021 | 20,546 | $196,066 | $645,800 | $2,291 |
| 2022 | 20,954 | $196,053 | $714,400 | $2,688 |
| 2023 | 20,876 | $206,658 | $758,900 | $2,694 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 53.8%
5 to 1719.9%
18 to 244.9%
25 to 345.7%
35 to 4415.3%
45 to 5419.1%
55 to 6414.0%
65 to 749.6%
75 and over7.8%
| Count | Share | |
|---|---|---|
| Under 5 | 790 | 3.8% |
| 5 to 17 | 4,144 | 19.9% |
| 18 to 24 | 1,025 | 4.9% |
| 25 to 34 | 1,199 | 5.7% |
| 35 to 44 | 3,190 | 15.3% |
| 45 to 54 | 3,977 | 19.1% |
| 55 to 64 | 2,925 | 14.0% |
| 65 to 74 | 2,002 | 9.6% |
| 75 and over | 1,624 | 7.8% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 7,708 | 36.9% |
| Black or African American | 198 | 0.9% |
| American Indian & Alaska Native | 113 | 0.5% |
| Asian | 10,970 | 52.5% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 45 | 0.2% |
| Two or more races | 651 | 3.1% |
| Hispanic or Latino (any race) | 1,191 | 5.7% |
Educational attainment (age 25+)
No high school diploma1.2%
High school graduate5.8%
Some college or associate's8.5%
Bachelor's degree30.8%
Graduate or professional degree53.7%
| Count | Share | |
|---|---|---|
| No high school diploma | 186 | 1.2% |
| High school graduate | 870 | 5.8% |
| Some college or associate's | 1,263 | 8.5% |
| Bachelor's degree | 4,595 | 30.8% |
| Graduate or professional degree | 8,003 | 53.7% |
Commute to work
- Mean travel time to work
- 45 min
Drove alone37.9%
Carpooled3.8%
Public transit14.6%
Walked1.4%
Bicycle0.3%
Worked from home40.8%
Other means1.2%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 4,007 | 37.9% |
| Carpooled | 405 | 3.8% |
| Public transit | 1,546 | 14.6% |
| Walked | 143 | 1.4% |
| Bicycle | 31 | 0.3% |
| Worked from home | 4,310 | 40.8% |
| Other means | 131 | 1.2% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 960 | 15.3% |
| 15 to 29 min | 2,017 | 32.2% |
| 30 to 44 min | 760 | 12.1% |
| 45 to 59 min | 259 | 4.1% |
| 60+ min | 2,267 | 36.2% |
Households
- Average household size
- 2.70
- Poverty rate
- 2.5% (528 of 20,876)
| Count | Share | |
|---|---|---|
| Family households | 6,254 | 80.8% |
| Nonfamily households | 1,483 | 19.2% |
Housing
- Median year structure built
- 1988
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 7,737 | 98.7% |
| Vacant | 102 | 1.3% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 5,902 | 76.3% |
| Renter-occupied | 1,835 | 23.7% |
1-unit, detached72.6%
1-unit, attached7.9%
2 to 4 units4.3%
5 to 19 units10.0%
20 or more units5.3%
Mobile home & other0.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 5,688 | 72.6% |
| 1-unit, attached | 617 | 7.9% |
| 2 to 4 units | 336 | 4.3% |
| 5 to 19 units | 783 | 10.0% |
| 20 or more units | 415 | 5.3% |
| Mobile home & other | 0 | 0.0% |
Geography
- ZCTA
- 08550
- Land area
- 19 sq mi
- Water area
- 0.59 sq mi
- Center point
- 40.2800, -74.6221
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)