ZIP Code 08723
ZIP Code Tabulation Area in Ocean County, New Jersey.
- Population
- 32,033
- Median household income
- $103,953
- Median home value
- $374,400
-2.5%’19–’23
+36.3%’19–’23
+29.4%’19–’23
ZIP Code 08723 (Ocean County, New Jersey) is home to about 32,033 residents. The median household income of $103,953 is above the Ocean County median ($86,411).
Between 2019 and 2023, ZIP Code 08723's population declined 2.5% from 32,846 to 32,033, while its median gross rent rose 21.0% from $1,365 to $1,652.
Households average 2.45 people. The median gross rent is $1,652.
Demographics
ACS 2019–2023- Population
- 32,033
- Median age
- 44.4 yrs
- Median household income
- $103,953
- Median home value
- $374,400
- Median gross rent
- $1,652
- Housing units
- 14,075
- Homeownership rate
- 79.8%
- Bachelor's degree or higher
- 29.6%
- Unemployment rate
- 6.5%
Trends
ACS 5-year · 2019–202332,84632,033
$76,242$103,953
$289,300$374,400
$1,365$1,652
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 32,846 | $76,242 | $289,300 | $1,365 |
| 2020 | 33,059 | $84,484 | $298,900 | $1,418 |
| 2021 | 32,686 | $92,434 | $317,900 | $1,492 |
| 2022 | 32,430 | $100,596 | $359,100 | $1,531 |
| 2023 | 32,033 | $103,953 | $374,400 | $1,652 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 54.7%
5 to 1713.3%
18 to 247.9%
25 to 3412.3%
35 to 4412.2%
45 to 5412.3%
55 to 6418.9%
65 to 7410.9%
75 and over7.4%
| Count | Share | |
|---|---|---|
| Under 5 | 1,519 | 4.7% |
| 5 to 17 | 4,270 | 13.3% |
| 18 to 24 | 2,544 | 7.9% |
| 25 to 34 | 3,929 | 12.3% |
| 35 to 44 | 3,910 | 12.2% |
| 45 to 54 | 3,937 | 12.3% |
| 55 to 64 | 6,064 | 18.9% |
| 65 to 74 | 3,491 | 10.9% |
| 75 and over | 2,369 | 7.4% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 25,697 | 80.2% |
| Black or African American | 488 | 1.5% |
| American Indian & Alaska Native | 19 | 0.1% |
| Asian | 260 | 0.8% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 74 | 0.2% |
| Two or more races | 958 | 3.0% |
| Hispanic or Latino (any race) | 4,537 | 14.2% |
Educational attainment (age 25+)
No high school diploma5.3%
High school graduate36.5%
Some college or associate's28.7%
Bachelor's degree20.8%
Graduate or professional degree8.8%
| Count | Share | |
|---|---|---|
| No high school diploma | 1,248 | 5.3% |
| High school graduate | 8,647 | 36.5% |
| Some college or associate's | 6,792 | 28.7% |
| Bachelor's degree | 4,929 | 20.8% |
| Graduate or professional degree | 2,084 | 8.8% |
Commute to work
- Mean travel time to work
- 29 min
Drove alone77.2%
Carpooled8.4%
Public transit1.3%
Walked1.2%
Bicycle0.2%
Worked from home11.2%
Other means0.5%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 12,812 | 77.2% |
| Carpooled | 1,398 | 8.4% |
| Public transit | 218 | 1.3% |
| Walked | 203 | 1.2% |
| Bicycle | 39 | 0.2% |
| Worked from home | 1,856 | 11.2% |
| Other means | 77 | 0.5% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 4,151 | 28.1% |
| 15 to 29 min | 5,389 | 36.5% |
| 30 to 44 min | 2,055 | 13.9% |
| 45 to 59 min | 837 | 5.7% |
| 60+ min | 2,315 | 15.7% |
Households
- Average household size
- 2.45
- Poverty rate
- 5.7% (1,818 of 31,675)
| Count | Share | |
|---|---|---|
| Family households | 8,288 | 63.8% |
| Nonfamily households | 4,703 | 36.2% |
Housing
- Median year structure built
- 1976
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 12,991 | 92.3% |
| Vacant | 1,084 | 7.7% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 10,365 | 79.8% |
| Renter-occupied | 2,626 | 20.2% |
1-unit, detached81.9%
1-unit, attached3.9%
2 to 4 units2.0%
5 to 19 units3.2%
20 or more units8.8%
Mobile home & other0.1%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 11,533 | 81.9% |
| 1-unit, attached | 544 | 3.9% |
| 2 to 4 units | 281 | 2.0% |
| 5 to 19 units | 455 | 3.2% |
| 20 or more units | 1,244 | 8.8% |
| Mobile home & other | 18 | 0.1% |
Geography
- ZCTA
- 08723
- Land area
- 12 sq mi
- Water area
- 3.66 sq mi
- Center point
- 40.0386, -74.1116
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)