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ZipNumbers

Ocean County · New Jersey

ZIP code 08742

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 08742 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
25,558

ZCTA residents

Median income
$111,983

Household, past 12 months

Median home
$576,300

Owner-occupied value

Sales tax
6.625%

New Jersey state rate

Quick answer

ZIP 08742 sits in Ocean County, New Jersey and is home to 25,558 people. Median household income is $111,983, the median home is worth $576,300 and median gross rent is $1,879. 79.3% 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 08742

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

Population
25,558ZIP 08742 residents
Median household income
$111,983Past 12 months, inflation adjusted
Median home value
$576,300Owner-occupied units
Median gross rent
$1,879Rent plus utilities, monthly
Median age
45.8 yrsAll residents
Homeownership rate
79.3%Owner-occupied households

Sales tax in 08742

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
20%Median rent ÷ median income
Price-to-income
5.1×Home value ÷ household income
Est. mortgage
$2,990/mo20% down, 30-yr at 6.75%
Poverty rate
5.2%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 08742 compares

ZIP 08742 against the median ZIP in Ocean County and across New Jersey.

MeasureZIP 08742County medianState medianvs state
Median household income$111,983$101,648$109,182+3%
Median home value$576,300$387,300$423,950+36%
Median gross rent$1,879$1,697$1,718+9%
Population25,55811,00210,128+152%

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 52% of 563 state ZIPs

#270
Home value

above 73% of 562 state ZIPs

#153
Population

larger than 79% of 598 state ZIPs

#125

Comparable ZIP codes

New Jersey ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
08505Burlington County$111,946$353,200$1,586
08048Burlington County$111,739$414,600$1,667
07843Sussex County$111,433$316,900$1,616
08043Camden County$112,606$390,600$1,718
08555Monmouth County$112,614$354,600
08830Middlesex County$112,615$394,200$2,051

Nearby ZIP codes

Other ZIP codes filed under Ocean County.

ZIP 08742 questions

Common questions about this ZIP code.

Where is ZIP code 08742?
ZIP 08742 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 08742?
New Jersey charges 6.625% statewide.
Is 08742 expensive to live in?
Median rent runs $1,879 a month, about 20% of median household income, and the median home is worth $576,300+36% 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 08742, 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.