08724 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Ocean County
Centroid: Latitude 40.086, Longitude -74.118
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 08724 has segments in 2 Counties (Monmouth, Ocean).

Businesses Addresses: 649
PO Box Addresses: 0
Residential Addresses: 17,731

Multi-Family Addresses: 163
Single Family Addresses: 17,568

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: January 29, 2021.

Brick, NJ 08724 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	44,265 (100%)
Population in Households	43,813 (99.0%)
Population in Families	35,985 (81.3%)
Population in Group Quarters¹	452 ( 1.0%)
Population Density	3,359
Diversity Index²	26


INCOME
Median Household Income	$82,026
Average Household Income	$108,528
% of Income for Mortgage⁴	15%
Per Capita Income	$43,329
Wealth Index⁵	157

HOUSING
Total HU (Housing Units)	18,669 (100%)
Owner Occupied HU	14,944 (80.0%)
Renter Occupied HU	2,718 (14.6%)
Vacant Housing Units	1,007 ( 5.4%)
Median Home Value	$300,536
Average Home Value	$340,695
Housing Affordability Index³	129

HOUSEHOLDS
Total Households	17,662
Average Household Size	2.48
Family Households	11,694
Average Family Size	3

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.

Brick, NJ 08724 - Peer Comparisons by Rank and Percentile

The table below compares 08724 to the other 575 ZIP Codes in New Jersey by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	0.42%	0.46%
Households	0.43%	0.42%
Families	0.35%	0.37%
Median Household Income		1.62%
Per Capita Income		2.1%
Owner Occupied HU		0.52%

Variable Description	Rank	Percentile
Total Population	# 39	93rd
Population Density	# 187	68th
Median Household Income	# 358	38th
Housing Affordability Index	# 278	48th
Per Capita Income	# 299	48th
Diversity Index	# 477	17th

Brick, NJ 08724 ZIP Code Profile

ZIP Code 08724: Basic Data & USPS Preferred City Name

Brick, NJ 08724 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Brick, NJ 08724 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 08724

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