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ZIP CODE TABULATION AREA

08242

New Jersey · 4,141 residents · 4.76 sq mi
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ZIP 08242 is wealthier than most US places, with a median household income of $93,250. Population has held roughly steady since 2024. Median home value is $318,300. With a median age of 51.4, the population is older than the US median of 38.9. Among the 14 ZIP codes in Cape May County, 08242 ranks 9th by median household income.

$93,250
US average: $82,259
$318,300
US average: $376,019
33.6%
US average: 35.6%
Age, sex & households
Under 18
18.6%
Age 65+
22.0%
46.2%
53.8%
2.15 people
Race & ethnicity · 2024
2024
White, non-Hispanic63.1%(2,612)
Black7.3%(303)
Hispanic / Latino21%(868)
Asian0.7%(30)
Other7.9%(328)
Diversity Score68.3%(2,829)
Housing
Commute & vehicles
Work & employment
People & community
Affordability & inequality
Within Cape May County
Income rank vs other ZIPs
LOWEST9TH OF 14HIGHEST
Adjacent ZIPs
08202$146,071
08204$82,466
08210$90,013
08212$86,125
Frequently asked

How many people live in ZIP code 08242?

ZIP code 08242 has about 4,141 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 08242?

The typical household in ZIP code 08242 earns about $93,250 a year. Half of households make more than that, and half make less.

Is ZIP code 08242 expensive?

In ZIP code 08242, the median home is worth about $318,300, and the typical rent is about $1,305 a month.

How educated are people in ZIP code 08242?

About 33.6% of adults age 25 and over in ZIP code 08242 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 08242?

About 9.5% of people in ZIP code 08242 live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR · ZCTA · UPDATED 2024