Zip Code 08502 - Population, Income & Demographics

The median income of households in 08502 was $223,444. An estimated 1.1% of households had income below $10,000 a year and 58.4% had income of $200,000 or more.

An estimated 91.5% of households received earnings. An estimated 16.3% of households received Social Security and an estimated 18.6 % of households received retirement income other than Social Security. The average income from Social Security was $34,125. These income sources are not mutually exclusive; that is, some households received income from more than one source.

In 2019-2023, 2.3 % of people were in poverty. An estimated 1.4% of children under 18 were below the poverty level, compared with 3.1% of people 65 years old and over. An estimated 2.5% of people 18 to 64 years were below the poverty level.

In 2019-2023, 1 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 30% of households that received SNAP had children under 18, and 0% of households that received SNAP had one or more people 60 years and over. An estimated 100% of all households receiving SNAP were families with a female householder and no spouse present.

Among the civilian noninstitutionalized population in 08502 in 2019-2023, 99.3% had health insurance coverage and 0.7% did not have health insurance coverage. Private coverage was 93% and public coverage was 13.7%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 0%.

In 2019-2023, 08502 had a total population of 12,081 - 6,145 (50.9%) females and 5,936 (49.1%) males. The median age was 41.8 years. An estimated 26.7% of the population was under 18 years, 28.6% was 19 to 44 years, 32.4% was 45 to 64 years, and 10.3 % was 65 years and older.

In 2019-2023, there were 4,049 households in 08502. The average household size was 2.98 people.

Married-couple households made up 78.5% of the households in 08502 while cohabiting couple households made up 1.9% of households. Female householders with no spouse or partner present were 13.5% of all households, while 6.2% of households had male householders with no spouse or partner present. Some households had one person, as 4.1% of households were male householders living alone, and 7% were female householders living alone, for a total of 11.1% of all households.

In 08502, 50.6% of all households had one or more people under the age of 18; 21.5% of all households had one or more people 65 years and over.

In 2019-2023, an estimated 66.4% of the people living in 08502 were U.S. natives. 45.9% of the 08502 population were living in the state where they were born.

Approximately 33.6% of 08502 residents in 2019-2023 were foreign-born. 57.4% of foreign-born were naturalized U.S. citizens and an estimated 80.2 % entered the country before the year 2010.

Foreign-born residents of 08502 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2019-2023 for 08502.

Among people at least five years old living in 08502 in 2019-2023, 48.1 % spoke a language other than English at home. Spanish was spoken by 4% of people at least five years old; 10% reported that they did not speak English "very well."

In 2019-2023, 90.3 % of the people at least one year old living in 08502 were living in the same house one year earlier.

In 2019-2023, 98.7 % of people 25 years and over had at least graduated from high school and 76.9% had a bachelor's degree or higher. An estimated 1.3% did not complete high school.

The total school enrollment in 08502 was 3,295 in 2019-2023. Nursery school enrollment was 177 and kindergarten through 12th grade enrollment was 2,526. College or graduate school enrollment was 592.

In 08502, among the civilian noninstitutionalized population in 2019-2023, 4.8 % reported a disability. The likelihood of having a disability varied by age - from 1.1% of people under 18 years old, to 2.8% of people 18 to 64 years old, and to 26.4% of those 65 and over.

In 08502, 69.7 % of the population 16 and over were employed; 26.9% were not currently in the labor force.

An estimated 83.7% of the people employed were private wage and salary workers; 11.5% were federal, state, or local government workers; and 4.3 % were self-employed in their own (not incorporated) business.

In 2019-2023, the civilian employed population 16 years and older in 08502 worked in the following industries:

An estimated 59% of 08502 workers drove to work alone in 2019-2023, and 4.2% carpooled. Among those who commuted to work, it took them on average 36.7 minutes to get to work.

In 2019-2023, 08502 had a total of 4,049 housing units. Of these housing units, 84.3% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 15.7% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 0% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

7.6% of the housing inventory was comprised of houses built since 2010, while 5.2% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 08502 was 8.1 rooms, and of these housing units 77.5% had three or more bedrooms.

In 2019-2023, 08502 had 4,049 housing units that were occupied or had people living in them, while the remaining 0 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 82% while renters occupied 18%. The average household size of owner-occupied houses was 3.06 and in renter-occupied houses it was 2.61.

4.3% of householders of these occupied houses had moved into their house since 2021, while 9.6% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 2.3% and another 25% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 08502:

In 2019-2023, the median property value for owner-occupied houses in 08502 was $766,000.

Of the owner-occupied households, 78 % had a mortgage. 22% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $4,000+ and for owners without a mortgage it was $1,500+.

For renter-occupied houses, the median gross rent for 08502 was $2,511. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.