07704 Zip Code

April 25, 2024

Zip Code:	07704
City/Town:	Red Bank
State:	New Jersey

Population:	6,133
Per Capita Income:	$53,139
Mean Household Income:	$151,100

Total Housing Units:	1,974
Median Home Value:	$305,900
Median Year Homes Built:	1951

Land Area:	1.6 sq miles 4.2 sq kilometers
Water Area:	0.5 sq miles 1.3 sq kilometers

Population Information (07704 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

6,133

Male:

3,015

49.2%

Female:

3,118

50.8%

Median Age:

39.4 yrs

37.2 yrs

Under 5 years:

465

7.6%

6.5%

5 to 9 years:

621

8.2%

6.6%

10 to 19 years:

1,140

18.6%

13.8%

20 to 29 years:

303

4.9%

13.8%

30 to 39 years:

614

10.0%

13.0%

40 to 49 years:

1,136

18.5%

14.2%

50 to 59 years:

965

15.7%

13.6%

60 to 69 years:

484

7.9%

9.4%

70 to 79 years:

246

4.0%

5.4%

80 years and over:

159

2.6%

3.7%

Housing Information (07704 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$305,900

$119,600

Median year homes build:

1951

1971

Median real estate taxes:

$6,564 / yr.

$1,334 / yr.

Median rent:

$1,060 / mo.

$519 / mo.

Total households:

1,974

Family households:

1,660

84.1%

66.4%

Nonfamily households:

314

15.9%

33.6%

Households with individuals under 18 years:

1,039

52.6%

33.4%

Households with individuals 65 years and over:

433

21.9%

24.9%

Average household size:

3.1

Average family size:

3.5

Total housing units:

2,070

Occupied housing units:

1,974

95.4%

88.6%

Vacant housing units:

4.6%

11.4%

For rent:

0.3%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

1.3%

3.5%

All other vacants:

1.3%

2.8%

Homeowner vacancy rate:

1.6%

2.4%

Rental vacancy rate:

3.9%

9.2%

Owner-occupied housing units:

1,828

Population in owner-occupied housing units:

5,742

Average household size of owner-occupied units:

3.1

2.65

Renter-occupied housing units:

146

Population in renter-occupied housing units:

390

Average household size of renter-occupied units:

2.7

2.44

Educational Attainment (07704 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

3,747

Less than 9th grade:

1.4%

6.2%

9th to 12th grade, no diploma:

1.5%

8.7%

High school graduate (includes equivalency):

588

15.7%

29.0%

Some college, no degree:

457

12.2%

20.6%

Associate degree:

279

7.4%

7.5%

Bachelor's degree:

1,326

35.4%

17.6%

Graduate or professional degree:

988

26.4%

10.3%

Percent high school graduate or higher:

97.1%

85.0%

Percent bachelor's degree or higher:

61.8%

27.9%

Income Information (07704 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:

1,920

31.3%

50.4%

Median income:

$65,435 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,268

20.7%

59.7%

Median income:

$86,487 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,758

28.7%

49.6%

Median income:

$30,612 / yr.

$16,327 / yr.

Full-time, year-round workers:

522

8.5%

40.3%

Median income:

$53,816 / yr.

$28,135 / yr.

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