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Burlington County · New Jersey

ZIP code 08016

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 08016 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
34,801

ZCTA residents

Median income
$92,560

Household, past 12 months

Median home
$308,000

Owner-occupied value

Sales tax
6.625%

New Jersey state rate

Quick answer

ZIP 08016 sits in Burlington County, New Jersey and is home to 34,801 people. Median household income is $92,560, the median home is worth $308,000 and median gross rent is $1,343. 73.1% of households own their home, and purchases are taxed at 6.625% (New Jersey state rate).

County
Burlington County

FIPS 34005

State
New Jersey (NJ)

598 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 08016

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
34,801ZIP 08016 residents
Median household income
$92,560Past 12 months, inflation adjusted
Median home value
$308,000Owner-occupied units
Median gross rent
$1,343Rent plus utilities, monthly
Median age
41.6 yrsAll residents
Homeownership rate
73.1%Owner-occupied households

ZIP 08016 in context

How this area compares with national benchmarks.

ZIP 08016 is a small city in Burlington County, New Jersey, with 34,801 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #72 of 598 ranked by population — larger than 88% of them. The median age here is 41.6 years against 39.1 nationally, a slightly older 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 08016 earn a median of $92,560 a year, 17.9% above the national figure of $78,538. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 11.1% of residents here, below the 12.4% national rate.

The typical owner-occupied home in ZIP 08016 is valued at $308,000, 1.5% above the national figure, while median gross rent runs $1,343 a month, 4.5% below the national figure, or roughly $16,116 across a full year. A household on the local median income would put about 17.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.3×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 73.1% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

All values below were released by the Census for this exact geography, with no gap-filling on our side. 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.

Reading ZIP 08016 in context

How 08016 sits inside Burlington County and New Jersey.

ZIP 08016 is tabulated inside Burlington County, New Jersey, one of 33 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 08016 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 08016 reports a median household income of $92,560, 10% below the $102,321 county median, and 15% below the $109,182 typical NJ ZIP. Owner-occupied homes are valued at a median of $308,000, 5% below the county figure and 27% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,343 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 08016.

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 08016 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.

Sales tax in 08016

What a purchase inside this ZIP costs at checkout.

Rate applied
6.625%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$66Before any exemptions

New Jersey levies 6.625% statewide with no local add-ons. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
17%Median rent ÷ median income
Price-to-income
3.3×Home value ÷ household income
Est. mortgage
$1,598/mo20% down, 30-yr at 6.75%
Poverty rate
11.1%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 08016 compares

ZIP 08016 against the median ZIP in Burlington County and across New Jersey.

MeasureZIP 08016County medianState medianvs state
Median household income$92,560$102,321$109,182-15%
Median home value$308,000$324,700$423,950-27%
Median gross rent$1,343$1,619$1,718-22%
Population34,8018,16710,128+244%

Medians are computed across the 33 ZIP areas in Burlington County and the 598 ZIP areas in New Jersey.

Statewide rank

Where this ZIP places among all 598 New Jersey ZIP areas.

Income

richer than 28% of 563 state ZIPs

#405
Home value

above 23% of 562 state ZIPs

#433
Population

larger than 88% of 598 state ZIPs

#72

Comparable ZIP codes

New Jersey ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
08005Ocean County$92,548$356,200$1,949
07857Morris County$92,596$344,300$1,396
07062Union County$92,711$374,200$1,794
07753Monmouth County$92,824$390,900$1,740
08094Gloucester County$92,125$260,200$1,420
07088Union County$92,041$343,700$2,046

Nearby ZIP codes

Other ZIP codes filed under Burlington County.

Adjacent ZIP Codes

Other ZIP codes in Burlington County, New Jersey.

ZIP 08016 questions

Common questions about this ZIP code.

Where is ZIP code 08016?
ZIP 08016 lies mostly in Burlington County, New Jersey. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 08016?
New Jersey charges 6.625% statewide.
Is 08016 expensive to live in?
Median rent runs $1,343 a month, about 17% of median household income, and the median home is worth $308,000 — -27% against the typical New Jersey ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 08016, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.