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ZipNumbers

Mercer County · New Jersey

ZIP code 08520

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 08520 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
29,321

ZCTA residents

Median income
$116,282

Household, past 12 months

Median home
$361,800

Owner-occupied value

Sales tax
6.625%

New Jersey state rate

Quick answer

ZIP 08520 sits in Mercer County, New Jersey and is home to 29,321 people. Median household income is $116,282, the median home is worth $361,800 and median gross rent is $1,556. 69.2% of households own their home, and purchases are taxed at 6.625% (New Jersey state rate).

County
Mercer County

FIPS 34021

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 08520

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

Population
29,321ZIP 08520 residents
Median household income
$116,282Past 12 months, inflation adjusted
Median home value
$361,800Owner-occupied units
Median gross rent
$1,556Rent plus utilities, monthly
Median age
40.7 yrsAll residents
Homeownership rate
69.2%Owner-occupied households

Sales tax in 08520

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
16%Median rent ÷ median income
Price-to-income
3.1×Home value ÷ household income
Est. mortgage
$1,877/mo20% down, 30-yr at 6.75%
Poverty rate
5.5%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 08520 compares

ZIP 08520 against the median ZIP in Mercer County and across New Jersey.

MeasureZIP 08520County medianState medianvs state
Median household income$116,282$108,732$109,182+7%
Median home value$361,800$362,250$423,950-15%
Median gross rent$1,556$1,604$1,718-9%
Population29,32115,04910,128+190%

Medians are computed across the 22 ZIP areas in Mercer 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 57% of 563 state ZIPs

#244
Home value

above 35% of 562 state ZIPs

#367
Population

larger than 83% of 598 state ZIPs

#99

Comparable ZIP codes

New Jersey ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
08863Middlesex County$116,250$414,100$1,976
08829Hunterdon County$116,424$298,600$1,747
07848Sussex County$116,042$412,500$1,438
08008Ocean County$116,544$1,083,100$1,664
08053Burlington County$116,745$368,100$1,939
07657Bergen County$115,676$609,700$1,935

Nearby ZIP codes

Other ZIP codes filed under Mercer County.

ZIP 08520 questions

Common questions about this ZIP code.

Where is ZIP code 08520?
ZIP 08520 lies mostly in Mercer 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 08520?
New Jersey charges 6.625% statewide.
Is 08520 expensive to live in?
Median rent runs $1,556 a month, about 16% of median household income, and the median home is worth $361,800-15% 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 08520, 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.