08520 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Mercer County
Centroid: Latitude 40.255, Longitude -74.516
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 08520 has segments in 2 Counties (Mercer, Monmouth).

Businesses Addresses: 755
PO Box Addresses: 280
Residential Addresses: 10,740

Multi-Family Addresses: 845
Single Family Addresses: 9,895

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2023, Maps updated: February 3, 2023.

Hightstown, NJ 08520 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	29,544 (100%)
Population in Households	29,137 (98.6%)
Population in Families	24,652 (83.4%)
Population in Group Quarters¹	407 ( 1.4%)
Population Density	1,618
Diversity Index²	84


INCOME
Median Household Income	$101,591
Average Household Income	$142,484
% of Income for Mortgage⁴	18%
Per Capita Income	$50,707
Wealth Index⁵	147

HOUSING
Total HU (Housing Units)	10,988 (100%)
Owner Occupied HU	7,029 (64.0%)
Renter Occupied HU	3,449 (31.4%)
Vacant Housing Units	510 ( 4.6%)
Median Home Value	$342,451
Average Home Value	$384,494
Housing Affordability Index³	113

HOUSEHOLDS
Total Households	10,478
Average Household Size	2.78
Family Households	7,348
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Hightstown, NJ 08520 - Peer Comparisons by Rank and Percentile

The table below compares 08520 to the other 577 ZIP Codes in New Jersey by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.17%	0.13%
Households	0.30%	0.10%
Families		0.10%
Median Household Income		2.57%
Per Capita Income		3.07%
Owner Occupied HU		0.47%

Variable Description	Rank	Percentile
Total Population	# 100	83rd
Population Density	# 319	45th
Median Household Income	# 302	48th
Housing Affordability Index	# 309	54th
Per Capita Income	# 316	45th
Diversity Index	# 49	91st

08520 ZIP Code Profile, Map, Data & Demographics

ZIP Code 08520: Basic Data & USPS Preferred City Name

Hightstown, NJ 08520 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hightstown, NJ 08520 - Peer Comparisons by Rank and Percentile

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