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ZipNumbers

Cape May County · New Jersey

ZIP code 08248

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 08248 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
134

ZCTA residents

Median income
$106,840

Household, past 12 months

Median home
$934,000

Owner-occupied value

Sales tax
6.625%

New Jersey state rate

Quick answer

ZIP 08248 sits in Cape May County, New Jersey and is home to 134 people. Median household income is $106,840, the median home is worth $934,000 and median gross rent is . 100% of households own their home, and purchases are taxed at 6.625% (New Jersey state rate).

County
Cape May County

FIPS 34009

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 08248

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

Population
134ZIP 08248 residents
Median household income
$106,840Past 12 months, inflation adjusted
Median home value
$934,000Owner-occupied units
Median gross rent
Rent plus utilities, monthly
Median age
53.9 yrsAll residents
Homeownership rate
100%Owner-occupied households

Sales tax in 08248

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
Median rent ÷ median income
Price-to-income
8.7×Home value ÷ household income
Est. mortgage
$4,846/mo20% down, 30-yr at 6.75%
Poverty rate
0%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 08248 compares

ZIP 08248 against the median ZIP in Cape May County and across New Jersey.

MeasureZIP 08248County medianState medianvs state
Median household income$106,840$98,346$109,182-2%
Median home value$934,000$424,100$423,950+120%
Median gross rent$1,538$1,718
Population1344,04210,128-99%

Medians are computed across the 16 ZIP areas in Cape May 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 46% of 563 state ZIPs

#306
Home value

above 95% of 562 state ZIPs

#30
Population

larger than 4% of 598 state ZIPs

#574

Comparable ZIP codes

New Jersey ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
07420Passaic County$106,915$344,700$1,788
07077Middlesex County$106,926$414,900$1,382
08004Camden County$107,041$255,500$1,169
07728Monmouth County$107,042$490,000$1,941
08846Middlesex County$107,063$414,600$1,493
08060Burlington County$107,165$292,000$1,619

Nearby ZIP codes

Other ZIP codes filed under Cape May County.

ZIP 08248 questions

Common questions about this ZIP code.

Where is ZIP code 08248?
ZIP 08248 lies mostly in Cape May 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 08248?
New Jersey charges 6.625% statewide.
Is 08248 expensive to live in?
Median rent runs a month, and the median home is worth $934,000+120% 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 08248, 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.