08701 Zip Code

April 20, 2024

Zip Code:	08701
City/Town:	Lakewood
State:	New Jersey

Population:	92,843
Per Capita Income:	$20,158
Mean Household Income:	$62,063

Total Housing Units:	24,283
Median Home Value:	$126,500
Median Year Homes Built:	1974

Land Area:	24.6 sq miles 63.7 sq kilometers
Water Area:	0.4 sq miles 1.1 sq kilometers

Population Information (08701 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

92,843

Male:

46,115

49.7%

49.2%

Female:

46,728

50.3%

50.8%

Median Age:

23.9 yrs

37.2 yrs

Under 5 years:

16,177

17.4%

6.5%

5 to 9 years:

11,656

6.1%

6.6%

10 to 19 years:

13,202

14.2%

13.8%

20 to 29 years:

16,066

17.3%

13.8%

30 to 39 years:

10,963

11.8%

13.0%

40 to 49 years:

5,859

6.3%

14.2%

50 to 59 years:

5,054

5.4%

13.6%

60 to 69 years:

4,996

5.4%

9.4%

70 to 79 years:

4,779

5.1%

5.4%

80 years and over:

4,091

4.4%

3.7%

Housing Information (08701 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$126,500

$119,600

Median year homes build:

1974

1971

Median real estate taxes:

$2,942 / yr.

$1,334 / yr.

Median rent:

$740 / mo.

$519 / mo.

Total households:

24,283

Family households:

17,364

71.5%

66.4%

Nonfamily households:

6,919

28.5%

33.6%

Households with individuals under 18 years:

11,097

45.7%

33.4%

Households with individuals 65 years and over:

7,976

32.8%

24.9%

Average household size:

3.7

Average family size:

4.5

Total housing units:

26,337

Occupied housing units:

24,283

92.2%

88.6%

Vacant housing units:

2,054

7.8%

11.4%

For rent:

584

2.2%

3.1%

Rented, not occupied:

0.2%

For sale only:

431

1.6%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

360

1.4%

3.5%

All other vacants:

562

2.1%

2.8%

Homeowner vacancy rate:

3.3%

2.4%

Rental vacancy rate:

4.7%

9.2%

Owner-occupied housing units:

12,570

Population in owner-occupied housing units:

41,765

Average household size of owner-occupied units:

3.3

2.65

Renter-occupied housing units:

11,713

Population in renter-occupied housing units:

48,718

Average household size of renter-occupied units:

4.2

2.44

Educational Attainment (08701 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

35,181

Less than 9th grade:

2,960

8.4%

6.2%

9th to 12th grade, no diploma:

4,572

13.0%

8.7%

High school graduate (includes equivalency):

11,295

32.1%

29.0%

Some college, no degree:

7,482

21.3%

20.6%

Associate degree:

1,483

4.2%

7.5%

Bachelor's degree:

4,492

12.8%

17.6%

Graduate or professional degree:

2,897

8.2%

10.3%

Percent high school graduate or higher:

78.6%

85.0%

Percent bachelor's degree or higher:

21.0%

27.9%

Income Information (08701 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:

17,277

18.6%

50.4%

Median income:

$24,974 / yr.

$27,932 / yr.

Full-time, year-round workers:

6,846

7.4%

59.7%

Median income:

$40,441 / yr.

$38,349 / yr.

Females 15 years and over with income:

19,235

20.7%

49.6%

Median income:

$15,275 / yr.

$16,327 / yr.

Full-time, year-round workers:

4,522

4.9%

40.3%

Median income:

$27,597 / yr.

$28,135 / yr.

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