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Zip Code 08701 - Population, Income & Demographics

Popular Secions:

πŸ’° Income         | πŸͺ™ Poverty

🚻 Age & Sex    | 🀝 Race

πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦ Households  | πŸ—£οΈ Language  | πŸŽ“ Education

πŸ’Ό Employment | 🏭 Industry     | 🏠 Housing

🌍 State: NJ - New Jersey

🏑 City: Lakewood

πŸ—ΊοΈ County: Ocean County

⏰ Timezone: America/New_York

☎️ Area Codes: 732, 848

Income

The median income of households in 08701 was $62,811. An estimated 4.3% of households had income below $10,000 a year and 9.6% had income of $200,000 or more.

Household Income in 08701 in 2019-2023

View Data Table ↓

Percent
Less than $10,000 4.3
$10,000 to $14,999 2.9
$15,000 to $24,999 7.7
$25,000 to $34,999 9.1
$35,000 to $49,999 15.5
$50,000 to $74,999 18.9
$75,000 to $99,999 10.5
$100,000 to $149,999 14.4
$150,000 to $199,999 6.9
$200,000 or more 9.6

Median Earnings for Full-Time Year-Round Workers by Sex in 08701 in 2019-2023

View Data Table ↓

Dollars
Male 61081
Female 49895

An estimated 80.8% of households received earnings. An estimated 28.3% of households received Social Security and an estimated 19.4 % of households received retirement income other than Social Security. The average income from Social Security was $24,316. 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 08701 in 2019-2023

View Data Table ↓

Percent
Earnings 80.8
Social Security 28.3
Retirement income 19.4
Supplemental Security Income (SSI) 3.9
Cash public assistance income 2.4

Poverty and Participation in Government Programs

In 2019-2023, 24.7 % of people were in poverty. An estimated 28.7% of children under 18 were below the poverty level, compared with 11.8% of people 65 years old and over. An estimated 22.8% of people 18 to 64 years were below the poverty level.

Poverty Rates in 08701 in 2019-2023

View Data Table ↓

Percent
People in poverty 24.7
Children under 18 years below poverty 28.7
People 65 years old and over below poverty 11.8
People 18 to 64 years below poverty 22.8

In 2019-2023, 16.6 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 85.2% of households that received SNAP had children under 18, and 12.3% of households that received SNAP had one or more people 60 years and over. An estimated 12.1% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 08701 in 2019-2023, 95.1% had health insurance coverage and 4.9% did not have health insurance coverage. Private coverage was 38.3% and public coverage was 65.3%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 1.6%.


In 2019-2023, 08701 had a total population of 136,784 - 68,400 (50%) females and 68,384 (50%) males. The median age was 18.2 years. An estimated 49.7% of the population was under 18 years, 28.2% was 19 to 44 years, 9.9% was 45 to 64 years, and 9.6 % was 65 years and older.

Population by Age and Sex for 08701 in 2019-2023

Male Female
Under 5 11888 10917
5 to 9 9943 9737
10 to 14 8572 8522
15 to 19 6173 5929
20 to 24 3678 4659
25 to 29 4849 3737
30 to 34 3749 3951
35 to 39 3833 3861
40 to 44 3181 3042
45 to 49 1994 1766
50 to 54 2280 1622
55 to 59 1323 1261
60 to 64 1408 1811
65 to 69 1515 2025
70 to 74 1353 1828
75 to 79 1119 1123
80 to 84 773 1168
85 and over 753 1441

Hispanic Origin and Race

For people reporting one race alone, 86.1% were White; 2% were Black or African American; 1% were American Indian and Alaska Native; 0% were Asian; 0% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 4.5% reported Two or More Races. An estimated 0% of the people in 08701 were Hispanic or Latino. An estimated 0.1% of the people in 08701 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2019-2023, there were 31,224 households in 08701. The average household size was 4.32 people.

Married-couple households made up 67.5% of the households in 08701 while cohabiting couple households made up 3% of households. Female householders with no spouse or partner present were 19.2% of all households, while 10.3% of households had male householders with no spouse or partner present. Some households had one person, as 6.8% of households were male householders living alone, and 12.3% were female householders living alone, for a total of 19.1% of all households.

In 08701, 55.7% of all households had one or more people under the age of 18; 29.3% of all households had one or more people 65 years and over.

Types of Households in 08701 in 2019-2023

View Data Table ↓

Percent
Married-couple households 67.5
Cohabiting Couples 3
Male Householder
No spouse/partner present
10.3
Female Householder
No spouse/partner present
19.2

Marital Status

Among persons 15 and older, 58.5% of males and 55% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 35.5 30.6
Now married, except separated 58.5 55
Separated 0.5 1.3
Widowed 1.8 6.7
Divorced 3.7 6.3

Grandparents and Grandchildren

In 08701, 753 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 35.1% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2019-2023, an estimated 91.6% of the people living in 08701 were U.S. natives. 59.6% of the 08701 population were living in the state where they were born.

Approximately 8.4% of 08701 residents in 2019-2023 were foreign-born. 46.5% of foreign-born were naturalized U.S. citizens and an estimated 69.5 % entered the country before the year 2010.

Foreign-born residents of 08701 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2019-2023 for 08701.

Region of Birth for the Foreign-Born Population in 08701 in 2019-2023

View Data Table ↓

Percent
Latin America 53.6
Asia 17.5
Europe 19.5
Africa 2.5
Northern America 6
Oceania 0.9

Language

Among people at least five years old living in 08701 in 2019-2023, 23.5 % spoke a language other than English at home. Spanish was spoken by 8.7% of people at least five years old; 6.8% 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 08701 in 2019-2023

View Data Table ↓

Percent
Spanish 8.7
Other Indo-European languages 9
Asian and Pacific Islander languages 0.6
Other languages 5.2

Geographic Mobility

In 2019-2023, 92.4 % of the people at least one year old living in 08701 were living in the same house one year earlier.

Geographic Mobility of Residents of 08701 in 2019-2023

View Data Table ↓

Percent
Same house 92.4
Different house, same county 4.2
Different county, same state 1.3
Different state 1.5
Abroad 0.6

Education

In 2019-2023, 90.8 % of people 25 years and over had at least graduated from high school and 32.7% had a bachelor's degree or higher. An estimated 9.1% did not complete high school.

The total school enrollment in 08701 was 62,443 in 2019-2023. Nursery school enrollment was 4,707 and kindergarten through 12th grade enrollment was 45,371. College or graduate school enrollment was 12,365.

Educational Attainment of People in 08701 in 2019-2023

View Data Table ↓

Percent
Less than high school diploma 9.1
High school diploma or equivalency 31
Some college, no degree 22.9
Associate's degree 4.2
Bachelor's degree 18.5
Graduate or professional degree 14.2

Disability

In 08701, among the civilian noninstitutionalized population in 2019-2023, 6.3 % reported a disability. The likelihood of having a disability varied by age - from 1.5% of people under 18 years old, to 6.1% of people 18 to 64 years old, and to 33.3% of those 65 and over.


Employment Status and Type of Employer

In 08701, 51.8 % of the population 16 and over were employed; 44.9% were not currently in the labor force.

An estimated 85.1% of the people employed were private wage and salary workers; 5.3% were federal, state, or local government workers; and 9.5 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 32,560 85.1
Federal, state, or local government workers 2,012 5.3
Self-employed workers in own not incorporated business 3,636 9.5

Industries

In 2019-2023, the civilian employed population 16 years and older in 08701 worked in the following industries:

Percent by Industry in 08701 in 2019-2023

View Data Table ↓

Percent
Agriculture, forestry, fishing and hunting, and mining 0
Construction 6.1
Manufacturing 5.3
Wholesale trade 3.3
Retail trade 10
Transportation and warehousing, and utilities 3.7
Information 1.1
Finance and insurance, and real estate and rental and leasing 6.5
Professional, scientific, and management, and administrative and waste management services 12.8
Educational services, and health care and social assistance 38.2
Arts, entertainment, and recreation, and accommodation, and food services 6.2
Other Services, except public administration 4.9
Public administration 1.9

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 08701 in 2019-2023

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 18,480 48.3
Service occupations 5,194 13.6
Sales and office occupations 9,674 25.3
Natural resources, construction, and maintenance occupations 2,326 6.1
Production, transportation, and material moving occupations 2,589 6.8

Commuting to Work

An estimated 66.9% of 08701 workers drove to work alone in 2019-2023, and 13.5% carpooled. Among those who commuted to work, it took them on average 25.3 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 08701 in 2019-2023

View Data Table ↓

Percent
Car, truck, van -- drove alone 66.9
Car, truck, van -- carpooled 13.5
Public transportation (excluding taxicab) 1.8
Walked 3.3
Other means 1.7
Worked from home 12.8

In 2019-2023, 08701 had a total of 33,539 housing units. Of these housing units, 70.8% 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"). 29.1% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 0% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 08701 in 2019-2023

View Data Table ↓

Percent
Single-family houses 70.8
Apartments in multi-unit structures 29.1
Mobile homes 0
Boat, RV, van, etc 0

21.6% of the housing inventory was comprised of houses built since 2010, while 3.9% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 08701 was 5.6 rooms, and of these housing units 54.5% had three or more bedrooms.


In 2019-2023, 08701 had 31,224 housing units that were occupied or had people living in them, while the remaining 2,315 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 50.8% while renters occupied 49.2%. The average household size of owner-occupied houses was 4.45 and in renter-occupied houses it was 4.18.

9.2% of householders of these occupied houses had moved into their house since 2021, while 3.6% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 8.4% and another 8.1% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 08701:

House Heating Fuel Used in 08701 in 2019-2023

View Data Table ↓

Percent
Gas † 74.7
Electricity 21.9
Fuel oil, kerosene, etc 2.6
All other fuels 0.4
No fuel used 0.3

In 2019-2023, the median property value for owner-occupied houses in 08701 was $430,700.

Of the owner-occupied households, 59.9 % had a mortgage. 40.1% 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 $2,720 and for owners without a mortgage it was $995.

For renter-occupied houses, the median gross rent for 08701 was $1,701. 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.