08518 Zip Code

April 26, 2024

Zip Code:	08518
City/Town:	Florence
State:	New Jersey

Population:	4,986
Per Capita Income:	$26,678
Mean Household Income:	$64,672

Total Housing Units:	2,064
Median Home Value:	$117,700
Median Year Homes Built:	1960

Land Area:	1.9 sq miles 4.9 sq kilometers
Water Area:	0.2 sq miles 0.6 sq kilometers

Population Information (08518 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

4,986

Male:

2,364

47.4%

49.2%

Female:

2,622

52.6%

50.8%

Median Age:

41.1 yrs

37.2 yrs

Under 5 years:

293

5.9%

6.5%

5 to 9 years:

275

6.2%

6.6%

10 to 19 years:

605

12.1%

13.8%

20 to 29 years:

636

12.8%

13.8%

30 to 39 years:

616

12.4%

13.0%

40 to 49 years:

774

15.5%

14.2%

50 to 59 years:

821

16.5%

13.6%

60 to 69 years:

531

10.6%

9.4%

70 to 79 years:

231

4.6%

5.4%

80 years and over:

204

4.1%

3.7%

Housing Information (08518 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$117,700

$119,600

Median year homes build:

1960

1971

Median real estate taxes:

$3,410 / yr.

$1,334 / yr.

Median rent:

$587 / mo.

$519 / mo.

Total households:

2,064

Family households:

1,318

63.9%

66.4%

Nonfamily households:

746

36.1%

33.6%

Households with individuals under 18 years:

585

28.3%

33.4%

Households with individuals 65 years and over:

514

24.9%

Average household size:

2.4

Average family size:

3.0

Total housing units:

2,228

Occupied housing units:

2,064

92.6%

88.6%

Vacant housing units:

164

7.4%

11.4%

For rent:

2.4%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.3%

1.4%

Sold, not occupied:

0.6%

0.3%

For seasonal, recreational, or occasional use:

0.3%

3.5%

All other vacants:

2.6%

2.8%

Homeowner vacancy rate:

1.9%

2.4%

Rental vacancy rate:

8.5%

9.2%

Owner-occupied housing units:

1,495

Population in owner-occupied housing units:

3,704

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

569

Population in renter-occupied housing units:

1,282

Average household size of renter-occupied units:

2.3

2.44

Educational Attainment (08518 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

3,185

Less than 9th grade:

158

5.0%

6.2%

9th to 12th grade, no diploma:

321

10.1%

8.7%

High school graduate (includes equivalency):

1,267

39.8%

29.0%

Some college, no degree:

651

20.4%

20.6%

Associate degree:

237

7.4%

7.5%

Bachelor's degree:

353

11.1%

17.6%

Graduate or professional degree:

198

6.2%

10.3%

Percent high school graduate or higher:

85.0%

Percent bachelor's degree or higher:

17.3%

27.9%

Income Information (08518 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

1,698

34.1%

50.4%

Median income:

$33,297 / yr.

$27,932 / yr.

Full-time, year-round workers:

995

20.0%

59.7%

Median income:

$44,740 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,768

35.5%

49.6%

Median income:

$20,257 / yr.

$16,327 / yr.

Full-time, year-round workers:

738

14.8%

40.3%

Median income:

$30,734 / yr.

$28,135 / yr.

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