ZIP code 07740

ZIP 07740 is a small city in Monmouth County, New Jersey, with 32,330 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #79 of 598 ranked by population — larger than 86% of them. The median age here is 35.4 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in ZIP 07740 earn a median of $73,806 a year, 6% below the national figure of $78,538. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 16.2% of residents here, above the 12.4% national rate.

The typical owner-occupied home in ZIP 07740 is valued at $521,900, 72% above the national figure, while median gross rent runs $1,744 a month, 24% above the national figure, or roughly $20,928 across a full year. A household on the local median income would put about 28.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 7.1×, against roughly 3.9× nationally, so buying is out of reach on local earnings alone and the ownership market leans on outside income, equity or dual high earners. 41.6% of occupied homes are owner-occupied versus 65% nationally, a renter-majority market, so rent figures matter more here than the home-value line. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

Home values sit at 7.1× median household income, far past the 3.9× national mark, so ownership costs here are set by something other than local wages — second homes, retirees with equity, or commuters earning elsewhere.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

ZIP 07740 is tabulated inside Monmouth County, New Jersey, one of 49 ZIP areas the Census publishes for that county and 598 across New Jersey. This is a dense urban ZIP, where a single postal boundary can hold more residents than an entire rural county. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 07740 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 07740 reports a median household income of $73,806, 43% below the $130,595 county median, and 32% below the $109,182 typical NJ ZIP. Owner-occupied homes are valued at a median of $521,900, 18% below the county figure and 23% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,744 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

New Jersey charges 6.625% statewide, and no local sales tax is layered on top, so the state rate is the full amount collected in 07740.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 07740 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.