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ZipNumbers

Atlantic County · New Jersey

ZIP code 08406

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 08406 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
8,962

ZCTA residents

Median income
$75,034

Household, past 12 months

Median home
$345,300

Owner-occupied value

Sales tax
6.625%

New Jersey state rate

Quick answer

ZIP 08406 sits in Atlantic County, New Jersey and is home to 8,962 people. Median household income is $75,034, the median home is worth $345,300 and median gross rent is $1,460. 62.8% of households own their home, and purchases are taxed at 6.625% (New Jersey state rate).

County
Atlantic County

FIPS 34001

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 08406

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

Population
8,962ZIP 08406 residents
Median household income
$75,034Past 12 months, inflation adjusted
Median home value
$345,300Owner-occupied units
Median gross rent
$1,460Rent plus utilities, monthly
Median age
56.8 yrsAll residents
Homeownership rate
62.8%Owner-occupied households

Sales tax in 08406

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
23%Median rent ÷ median income
Price-to-income
4.6×Home value ÷ household income
Est. mortgage
$1,792/mo20% down, 30-yr at 6.75%
Poverty rate
10.6%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 08406 compares

ZIP 08406 against the median ZIP in Atlantic County and across New Jersey.

MeasureZIP 08406County medianState medianvs state
Median household income$75,034$84,630$109,182-31%
Median home value$345,300$277,200$423,950-19%
Median gross rent$1,460$1,490$1,718-15%
Population8,9626,95410,128-12%

Medians are computed across the 25 ZIP areas in Atlantic 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 14% of 563 state ZIPs

#482
Home value

above 31% of 562 state ZIPs

#388
Population

larger than 46% of 598 state ZIPs

#325

Comparable ZIP codes

New Jersey ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
08751Ocean County$75,000$583,000$1,437
08326Atlantic County$74,891$244,900$1,490
08091Camden County$74,828$247,700$1,346
08031Camden County$74,812$216,500$1,141
08740Ocean County$75,278$342,100$1,724
07047Hudson County$75,505$466,800$1,702

Nearby ZIP codes

Other ZIP codes filed under Atlantic County.

ZIP 08406 questions

Common questions about this ZIP code.

Where is ZIP code 08406?
ZIP 08406 lies mostly in Atlantic 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 08406?
New Jersey charges 6.625% statewide.
Is 08406 expensive to live in?
Median rent runs $1,460 a month, about 23% of median household income, and the median home is worth $345,300-19% 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 08406, 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.