ZIP Code Tabulation Area

08003

Cherry Hill, NJ · ACS 2020–2024

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Latest estimates

At a glance

U.S. Census Bureau American Community Survey 5-year estimates.

Total population
31,809
Median household income
$155,059
People below poverty
5.5%
Median home value
$443,400

Income

The median income of households in 08003 was $155,059. An estimated 4.5% of households had income below $10,000 a year and 34.9% had income of $200,000 or more.

Household Income in 08003 in 2020-2024

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Percent
Less than $10,000 4.5
$10,000 to $14,999 2.6
$15,000 to $24,999 2.4
$25,000 to $34,999 3.4
$35,000 to $49,999 2.9
$50,000 to $74,999 7.2
$75,000 to $99,999 6.6
$100,000 to $149,999 19.1
$150,000 to $199,999 16.3
$200,000 or more 34.9

Median Earnings for Full-Time Year-Round Workers by Sex in 08003 in 2020-2024

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Dollars
Male 121502
Female 96820

An estimated 79.5% of households received earnings. An estimated 33.8% of households received Social Security and an estimated 26.8 % of households received retirement income other than Social Security. The average income from Social Security was $29,077. These income sources are not mutually exclusive; that is, some households received income from more than one source.

Proportion of Households with Various Income Sources in 08003 in 2020-2024

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Percent
Earnings 79.5
Social Security 33.8
Retirement income 26.8
Supplemental Security Income (SSI) 4.2
Cash public assistance income 1

Poverty and Participation in Government Programs

In 2020-2024, 5.5 % of people were in poverty. An estimated 2.5% of children under 18 were below the poverty level, compared with 11.9% of people 65 years old and over. An estimated 4.5% of people 18 to 64 years were below the poverty level.

Poverty Rates in 08003 in 2020-2024

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Percent
People in poverty 5.5
Children under 18 years below poverty 2.5
People 65 years old and over below poverty 11.9
People 18 to 64 years below poverty 4.5

In 2020-2024, 4 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 2.2% of households that received SNAP had children under 18, and 85.3% of households that received SNAP had one or more people 60 years and over. An estimated 31.2% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 08003 in 2020-2024, 98.3% had health insurance coverage and 1.7% did not have health insurance coverage. Private coverage was 83.9% and public coverage was 26.6%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 1.7%.


In 2020-2024, 08003 had a total population of 31,809 - 16,382 (51.5%) females and 15,427 (48.5%) males. The median age was 45.6 years. An estimated 22.4% of the population was under 18 years, 24.9% was 19 to 44 years, 31.4% was 45 to 64 years, and 19.4 % was 65 years and older.

Population by Age and Sex for 08003 in 2020-2024

Male Female
Under 5 611 874
5 to 9 1253 1160
10 to 14 887 1068
15 to 19 1020 875
20 to 24 728 459
25 to 29 597 528
30 to 34 612 832
35 to 39 1037 1124
40 to 44 891 1102
45 to 49 1012 874
50 to 54 1458 1327
55 to 59 1263 1746
60 to 64 1121 1167
65 to 69 1133 943
70 to 74 614 648
75 to 79 590 740
80 to 84 427 439
85 and over 173 476

Hispanic Origin and Race

For people reporting one race alone, 70.4% were White; 5% were Black or African American; 1.6% were American Indian and Alaska Native; 15.7% were Asian; 2.5% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 6.6% reported Two or More Races. An estimated 7% of the people in 08003 were Hispanic or Latino. An estimated 68.7% of the people in 08003 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2020-2024, there were 11,644 households in 08003. The average household size was 2.71 people.

Married-couple households made up 69.4% of the households in 08003 while cohabiting couple households made up 3.1% of households. Female householders with no spouse or partner present were 17.9% of all households, while 9.5% of households had male householders with no spouse or partner present. Some households had one person, as 7.3% of households were male householders living alone, and 10.7% were female householders living alone, for a total of 18% of all households.

In 08003, 34.6% of all households had one or more people under the age of 18; 36.7% of all households had one or more people 65 years and over.

Types of Households in 08003 in 2020-2024

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Percent
Married-couple households 69.4
Cohabiting Couples 3.1
Male Householder
No spouse/partner present
9.5
Female Householder
No spouse/partner present
17.9

Marital Status

Among persons 15 and older, 66.1% of males and 62.4% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 25.6 20.2
Now married, except separated 66.1 62.4
Separated 1.9 0.6
Widowed 2.1 9
Divorced 4.2 7.7

Grandparents and Grandchildren

In 08003, 336 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 11.6% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2020-2024, an estimated 82.1% of the people living in 08003 were U.S. natives. 38.6% of the 08003 population were living in the state where they were born.

Approximately 17.9% of 08003 residents in 2020-2024 were foreign-born. 66.1% of foreign-born were naturalized U.S. citizens and an estimated 75.2 % entered the country before the year 2010.

Foreign-born residents of 08003 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2020-2024 for 08003.

Region of Birth for the Foreign-Born Population in 08003 in 2020-2024

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Percent
Latin America 6.7
Asia 67.1
Europe 19.4
Africa 2.5
Northern America 3.5
Oceania 0.7

Language

Among people at least five years old living in 08003 in 2020-2024, 22 % spoke a language other than English at home. Spanish was spoken by 3% of people at least five years old; 8.6% reported that they did not speak English "very well."

Percentage of the Population 5 years and over who Speak a Language other than English in 08003 in 2020-2024

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Percent
Spanish 3
Other Indo-European languages 7.6
Asian and Pacific Islander languages 9.5
Other languages 1.9

Geographic Mobility

In 2020-2024, 91 % of the people at least one year old living in 08003 were living in the same house one year earlier.

Geographic Mobility of Residents of 08003 in 2020-2024

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Percent
Same house 91
Different house, same county 2.9
Different county, same state 2.5
Different state 2.3
Abroad 1.3

Education

In 2020-2024, 96.2 % of people 25 years and over had at least graduated from high school and 66.1% had a bachelor's degree or higher. An estimated 3.8% did not complete high school.

The total school enrollment in 08003 was 7,579 in 2020-2024. Nursery school enrollment was 549 and kindergarten through 12th grade enrollment was 5,873. College or graduate school enrollment was 1,157.

Educational Attainment of People in 08003 in 2020-2024

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Percent
Less than high school diploma 3.8
High school diploma or equivalency 13.9
Some college, no degree 11.2
Associate's degree 4.9
Bachelor's degree 32.6
Graduate or professional degree 33.6

Disability

In 08003, among the civilian noninstitutionalized population in 2020-2024, 11.3 % reported a disability. The likelihood of having a disability varied by age - from 4.5% of people under 18 years old, to 6.5% of people 18 to 64 years old, and to 33.7% of those 65 and over.


Employment Status and Type of Employer

In 08003, 62.1 % of the population 16 and over were employed; 33.9% were not currently in the labor force.

An estimated 81.3% of the people employed were private wage and salary workers; 13.6% were federal, state, or local government workers; and 4.9 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 12,821 81.3
Federal, state, or local government workers 2,153 13.6
Self-employed workers in own not incorporated business 781 4.9

Industries

In 2020-2024, the civilian employed population 16 years and older in 08003 worked in the following industries:

Percent by Industry in 08003 in 2020-2024

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Percent
Agriculture, forestry, fishing and hunting, and mining 0.3
Construction 2.5
Manufacturing 6.6
Wholesale trade 2.1
Retail trade 9.7
Transportation and warehousing, and utilities 4.2
Information 2.1
Finance and insurance, and real estate and rental and leasing 9.7
Professional, scientific, and management, and administrative and waste management services 15.9
Educational services, and health care and social assistance 29.9
Arts, entertainment, and recreation, and accommodation, and food services 7.8
Other Services, except public administration 5.6
Public administration 3.5

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 08003 in 2020-2024

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 10,261 65
Service occupations 1,589 10.1
Sales and office occupations 2,823 17.9
Natural resources, construction, and maintenance occupations 489 3.1
Production, transportation, and material moving occupations 617 3.9

Commuting to Work

An estimated 58.3% of 08003 workers drove to work alone in 2020-2024, and 6.7% carpooled. Among those who commuted to work, it took them on average 29 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 08003 in 2020-2024

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Percent
Car, truck, van -- drove alone 58.3
Car, truck, van -- carpooled 6.7
Public transportation (excluding taxicab) 4.4
Walked 0.9
Other means 1.8
Worked from home 28

In 2020-2024, 08003 had a total of 12,236 housing units. Of these housing units, 83.6% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 16.4% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 0.1% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 08003 in 2020-2024

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Percent
Single-family houses 83.6
Apartments in multi-unit structures 16.4
Mobile homes 0.1
Boat, RV, van, etc 0

6.1% of the housing inventory was comprised of houses built since 2010, while 0.6% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 08003 was 7.9 rooms, and of these housing units 77.5% had three or more bedrooms.


In 2020-2024, 08003 had 11,644 housing units that were occupied or had people living in them, while the remaining 592 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 84.5% while renters occupied 15.5%. The average household size of owner-occupied houses was 2.85 and in renter-occupied houses it was 1.96.

2.8% of householders of these occupied houses had moved into their house since 2021, while 13.9% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 3.6% and another 24.7% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 08003:

House Heating Fuel Used in 08003 in 2020-2024

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Percent
Gas 85.2
Electricity 11.8
Fuel oil, kerosene, etc 1.2
All other fuels 1.4
No fuel used 0.4

In 2020-2024, the median property value for owner-occupied houses in 08003 was $443,400.

Of the owner-occupied households, 60.3 % had a mortgage. 39.7% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $2,978 and for owners without a mortgage it was $1,392.

For renter-occupied houses, the median gross rent for 08003 was $1,638. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.