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ZipNumbers

Mercer County · New Jersey

ZIP code 08620

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 08620 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
11,949

ZCTA residents

Median income
$108,732

Household, past 12 months

Median home
$341,000

Owner-occupied value

Sales tax
6.625%

New Jersey state rate

Quick answer

ZIP 08620 sits in Mercer County, New Jersey and is home to 11,949 people. Median household income is $108,732, the median home is worth $341,000 and median gross rent is $1,490. 78.4% 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 08620

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

Population
11,949ZIP 08620 residents
Median household income
$108,732Past 12 months, inflation adjusted
Median home value
$341,000Owner-occupied units
Median gross rent
$1,490Rent plus utilities, monthly
Median age
43.9 yrsAll residents
Homeownership rate
78.4%Owner-occupied households

Sales tax in 08620

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
$1,769/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 08620 compares

ZIP 08620 against the median ZIP in Mercer County and across New Jersey.

MeasureZIP 08620County medianState medianvs state
Median household income$108,732$108,732$109,182even
Median home value$341,000$362,250$423,950-20%
Median gross rent$1,490$1,604$1,718-13%
Population11,94915,04910,128+18%

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 48% of 563 state ZIPs

#290
Home value

above 29% of 562 state ZIPs

#397
Population

larger than 55% of 598 state ZIPs

#269

Comparable ZIP codes

New Jersey ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
08831Middlesex County$108,741$489,700$1,872
08328Gloucester County$108,750$231,100
07865Warren County$108,881$373,500$1,885
08067Salem County$108,884$312,500$1,750
07071Bergen County$109,021$496,000$1,719
08527Ocean County$109,059$460,600$1,693

Nearby ZIP codes

Other ZIP codes filed under Mercer County.

ZIP 08620 questions

Common questions about this ZIP code.

Where is ZIP code 08620?
ZIP 08620 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 08620?
New Jersey charges 6.625% statewide.
Is 08620 expensive to live in?
Median rent runs $1,490 a month, about 16% of median household income, and the median home is worth $341,000-20% 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 08620, 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.