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ZipNumbers

Ocean County · New Jersey

ZIP code 08087

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 08087 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
25,211

ZCTA residents

Median income
$87,449

Household, past 12 months

Median home
$323,500

Owner-occupied value

Sales tax
6.625%

New Jersey state rate

Quick answer

ZIP 08087 sits in Ocean County, New Jersey and is home to 25,211 people. Median household income is $87,449, the median home is worth $323,500 and median gross rent is $1,760. 82.9% of households own their home, and purchases are taxed at 6.625% (New Jersey state rate).

County
Ocean County

FIPS 34029

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 08087

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

Population
25,211ZIP 08087 residents
Median household income
$87,449Past 12 months, inflation adjusted
Median home value
$323,500Owner-occupied units
Median gross rent
$1,760Rent plus utilities, monthly
Median age
51.3 yrsAll residents
Homeownership rate
82.9%Owner-occupied households

Sales tax in 08087

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
24%Median rent ÷ median income
Price-to-income
3.7×Home value ÷ household income
Est. mortgage
$1,679/mo20% down, 30-yr at 6.75%
Poverty rate
8.7%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 08087 compares

ZIP 08087 against the median ZIP in Ocean County and across New Jersey.

MeasureZIP 08087County medianState medianvs state
Median household income$87,449$101,648$109,182-20%
Median home value$323,500$387,300$423,950-24%
Median gross rent$1,760$1,697$1,718+2%
Population25,21111,00210,128+149%

Medians are computed across the 29 ZIP areas in Ocean 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 23% of 563 state ZIPs

#432
Home value

above 26% of 562 state ZIPs

#417
Population

larger than 78% of 598 state ZIPs

#129

Comparable ZIP codes

New Jersey ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
08318Salem County$87,551$271,300$1,173
08023Salem County$87,576$175,800
08083Camden County$87,703$254,400$1,236
07008Middlesex County$87,712$370,100$2,012
08610Mercer County$87,159$248,900$1,491
08323Cumberland County$87,000$247,500$953

Nearby ZIP codes

Other ZIP codes filed under Ocean County.

ZIP 08087 questions

Common questions about this ZIP code.

Where is ZIP code 08087?
ZIP 08087 lies mostly in Ocean 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 08087?
New Jersey charges 6.625% statewide.
Is 08087 expensive to live in?
Median rent runs $1,760 a month, about 24% of median household income, and the median home is worth $323,500-24% 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 08087, 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.