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Burlington County · New Jersey

ZIP code 08055

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 08055 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
28,855

ZCTA residents

Median income
$158,487

Household, past 12 months

Median home
$456,000

Owner-occupied value

Sales tax
6.625%

New Jersey state rate

Quick answer

ZIP 08055 sits in Burlington County, New Jersey and is home to 28,855 people. Median household income is $158,487, the median home is worth $456,000 and median gross rent is $1,502. 89% 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 08055

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

Population
28,855ZIP 08055 residents
Median household income
$158,487Past 12 months, inflation adjusted
Median home value
$456,000Owner-occupied units
Median gross rent
$1,502Rent plus utilities, monthly
Median age
47.1 yrsAll residents
Homeownership rate
89%Owner-occupied households

ZIP 08055 in context

How this area compares with national benchmarks.

ZIP 08055 is a small city in Burlington County, New Jersey, with 28,855 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #101 of 598 ranked by population — larger than 83% of them. The median age here is 47.1 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. 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 08055 earn a median of $158,487 a year, 101.8% above 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 2.9% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in ZIP 08055 is valued at $456,000, 50.3% above the national figure, while median gross rent runs $1,502 a month, 6.8% above the national figure, or roughly $18,024 across a full year. A household on the local median income would put about 11.4% 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 2.9×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 89% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. 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.

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.

Reading ZIP 08055 in context

How 08055 sits inside Burlington County and New Jersey.

ZIP 08055 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 mid-sized suburban ZIP inside a county that is split across many delivery areas. 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 08055 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 08055 reports a median household income of $158,487, 55% above the $102,321 county median, and 45% above the $109,182 typical NJ ZIP. Owner-occupied homes are valued at a median of $456,000, 40% above the county figure and 8% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,502 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 08055.

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 08055 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 08055

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
11%Median rent ÷ median income
Price-to-income
2.9×Home value ÷ household income
Est. mortgage
$2,366/mo20% down, 30-yr at 6.75%
Poverty rate
2.9%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 08055 compares

ZIP 08055 against the median ZIP in Burlington County and across New Jersey.

MeasureZIP 08055County medianState medianvs state
Median household income$158,487$102,321$109,182+45%
Median home value$456,000$324,700$423,950+8%
Median gross rent$1,502$1,619$1,718-13%
Population28,8558,16710,128+185%

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 82% of 563 state ZIPs

#99
Home value

above 57% of 562 state ZIPs

#242
Population

larger than 83% of 598 state ZIPs

#101

Comparable ZIP codes

New Jersey ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
07931Somerset County$159,013$1,084,200$3,469
07044Essex County$159,044$595,000$2,125
08525Mercer County$157,868$551,300$1,646
08886Warren County$157,850$424,000$1,846
08062Gloucester County$159,386$468,600$1,097
08061Gloucester County$157,222$384,000—

Nearby ZIP codes

Other ZIP codes filed under Burlington County.

Adjacent ZIP Codes

Other ZIP codes in Burlington County, New Jersey.

ZIP 08055 questions

Common questions about this ZIP code.

Where is ZIP code 08055?
ZIP 08055 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 08055?
New Jersey charges 6.625% statewide.
Is 08055 expensive to live in?
Median rent runs $1,502 a month, about 11% of median household income, and the median home is worth $456,000 — +8% 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 08055, 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.