ZIP Code Tabulation Area

08701

Lakewood, 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
139,149
Median household income
$64,959
People below poverty
24.8%
Median home value
$466,100

Income

The median income of households in 08701 was $64,959. An estimated 4.2% of households had income below $10,000 a year and 10.7% had income of $200,000 or more.

Household Income in 08701 in 2020-2024

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Percent
Less than $10,000 4.2
$10,000 to $14,999 3.7
$15,000 to $24,999 7.1
$25,000 to $34,999 8.4
$35,000 to $49,999 14.6
$50,000 to $74,999 17.6
$75,000 to $99,999 10.6
$100,000 to $149,999 15.1
$150,000 to $199,999 8
$200,000 or more 10.7

Median Earnings for Full-Time Year-Round Workers by Sex in 08701 in 2020-2024

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Dollars
Male 65891
Female 53396

An estimated 81.1% of households received earnings. An estimated 27.3% of households received Social Security and an estimated 19.9 % of households received retirement income other than Social Security. The average income from Social Security was $24,351. 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 2020-2024

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Percent
Earnings 81.1
Social Security 27.3
Retirement income 19.9
Supplemental Security Income (SSI) 4.1
Cash public assistance income 2.5

Poverty and Participation in Government Programs

In 2020-2024, 24.8 % of people were in poverty. An estimated 28.1% of children under 18 were below the poverty level, compared with 13.3% of people 65 years old and over. An estimated 23.1% of people 18 to 64 years were below the poverty level.

Poverty Rates in 08701 in 2020-2024

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Percent
People in poverty 24.8
Children under 18 years below poverty 28.1
People 65 years old and over below poverty 13.3
People 18 to 64 years below poverty 23.1

In 2020-2024, 17.2 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 80.8% of households that received SNAP had children under 18, and 16.1% of households that received SNAP had one or more people 60 years and over. An estimated 12.4% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 08701 in 2020-2024, 95.5% had health insurance coverage and 4.5% did not have health insurance coverage. Private coverage was 38.4% and public coverage was 65.8%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 1.2%.


In 2020-2024, 08701 had a total population of 139,149 - 69,052 (49.6%) females and 70,097 (50.4%) males. The median age was 18.2 years. An estimated 49.8% of the population was under 18 years, 28.7% was 19 to 44 years, 9.8% was 45 to 64 years, and 9 % was 65 years and older.

Population by Age and Sex for 08701 in 2020-2024

Male Female
Under 5 11989 10955
5 to 9 10506 9746
10 to 14 8845 8722
15 to 19 6439 5869
20 to 24 3873 5148
25 to 29 5061 4007
30 to 34 3707 3824
35 to 39 4094 3971
40 to 44 3180 3083
45 to 49 2115 1710
50 to 54 2176 1743
55 to 59 1391 1122
60 to 64 1538 1793
65 to 69 1398 1844
70 to 74 1455 1723
75 to 79 1046 1167
80 to 84 608 1003
85 and over 676 1622

Hispanic Origin and Race

For people reporting one race alone, 85.3% were White; 1.7% were Black or African American; 2.7% were American Indian and Alaska Native; 0.6% were Asian; 0.9% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 5.1% reported Two or More Races. An estimated 10.9% of the people in 08701 were Hispanic or Latino. An estimated 83.7% of the people in 08701 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2020-2024, there were 31,469 households in 08701. The average household size was 4.36 people.

Married-couple households made up 67.7% of the households in 08701 while cohabiting couple households made up 2.8% of households. Female householders with no spouse or partner present were 19.7% of all households, while 9.8% of households had male householders with no spouse or partner present. Some households had one person, as 6.6% of households were male householders living alone, and 12.3% were female householders living alone, for a total of 18.9% of all households.

In 08701, 57.2% of all households had one or more people under the age of 18; 28.4% of all households had one or more people 65 years and over.

Types of Households in 08701 in 2020-2024

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Percent
Married-couple households 67.7
Cohabiting Couples 2.8
Male Householder
No spouse/partner present
9.8
Female Householder
No spouse/partner present
19.7

Marital Status

Among persons 15 and older, 58.1% of males and 54.7% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 35.8 30.9
Now married, except separated 58.1 54.7
Separated 0.5 1.4
Widowed 1.7 7.3
Divorced 3.8 5.7

Grandparents and Grandchildren

In 08701, 577 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 38.1% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2020-2024, an estimated 91.4% of the people living in 08701 were U.S. natives. 59.2% of the 08701 population were living in the state where they were born.

Approximately 8.6% of 08701 residents in 2020-2024 were foreign-born. 45.5% of foreign-born were naturalized U.S. citizens and an estimated 60 % 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 2020-2024 for 08701.

Region of Birth for the Foreign-Born Population in 08701 in 2020-2024

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Percent
Latin America 54.2
Asia 16.8
Europe 19.8
Africa 2
Northern America 6.1
Oceania 1

Language

Among people at least five years old living in 08701 in 2020-2024, 22.6 % spoke a language other than English at home. Spanish was spoken by 8.3% of people at least five years old; 6.6% 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 08701 in 2020-2024

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Percent
Spanish 8.3
Other Indo-European languages 9.5
Asian and Pacific Islander languages 0.5
Other languages 4.3

Geographic Mobility

In 2020-2024, 93.3 % 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 2020-2024

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Percent
Same house 93.3
Different house, same county 4.2
Different county, same state 0.9
Different state 1.1
Abroad 0.5

Education

In 2020-2024, 90.5 % of people 25 years and over had at least graduated from high school and 33.8% had a bachelor's degree or higher. An estimated 9.5% did not complete high school.

The total school enrollment in 08701 was 64,777 in 2020-2024. Nursery school enrollment was 4,534 and kindergarten through 12th grade enrollment was 46,465. College or graduate school enrollment was 13,778.

Educational Attainment of People in 08701 in 2020-2024

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Percent
Less than high school diploma 9.5
High school diploma or equivalency 31
Some college, no degree 21.9
Associate's degree 3.8
Bachelor's degree 18.7
Graduate or professional degree 15.1

Disability

In 08701, among the civilian noninstitutionalized population in 2020-2024, 5.7 % reported a disability. The likelihood of having a disability varied by age - from 1.1% of people under 18 years old, to 5.6% of people 18 to 64 years old, and to 33.4% of those 65 and over.


Employment Status and Type of Employer

In 08701, 52.7 % of the population 16 and over were employed; 44% were not currently in the labor force.

An estimated 83.9% of the people employed were private wage and salary workers; 5.3% were federal, state, or local government workers; and 10.6 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 33,194 83.9
Federal, state, or local government workers 2,110 5.3
Self-employed workers in own not incorporated business 4,192 10.6

Industries

In 2020-2024, the civilian employed population 16 years and older in 08701 worked in the following industries:

Percent by Industry in 08701 in 2020-2024

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Percent
Agriculture, forestry, fishing and hunting, and mining 0.1
Construction 6
Manufacturing 5.4
Wholesale trade 3.6
Retail trade 9.3
Transportation and warehousing, and utilities 3.4
Information 1.7
Finance and insurance, and real estate and rental and leasing 6.6
Professional, scientific, and management, and administrative and waste management services 12.4
Educational services, and health care and social assistance 38.4
Arts, entertainment, and recreation, and accommodation, and food services 6
Other Services, except public administration 5.3
Public administration 1.7

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 08701 in 2020-2024

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 19,000 48
Service occupations 5,418 13.7
Sales and office occupations 10,271 26
Natural resources, construction, and maintenance occupations 2,326 5.9
Production, transportation, and material moving occupations 2,542 6.4

Commuting to Work

An estimated 63.5% of 08701 workers drove to work alone in 2020-2024, and 15% carpooled. Among those who commuted to work, it took them on average 24.3 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 08701 in 2020-2024

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Percent
Car, truck, van -- drove alone 63.5
Car, truck, van -- carpooled 15
Public transportation (excluding taxicab) 1.5
Walked 3.9
Other means 1.8
Worked from home 14.2

In 2020-2024, 08701 had a total of 33,874 housing units. Of these housing units, 71.6% 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"). 28.3% 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 08701 in 2020-2024

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Percent
Single-family houses 71.6
Apartments in multi-unit structures 28.3
Mobile homes 0.1
Boat, RV, van, etc 0

23.8% of the housing inventory was comprised of houses built since 2010, while 3.5% 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 56.1% had three or more bedrooms.


In 2020-2024, 08701 had 31,469 housing units that were occupied or had people living in them, while the remaining 2,405 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 51.5% while renters occupied 48.5%. The average household size of owner-occupied houses was 4.49 and in renter-occupied houses it was 4.22.

3.3% of householders of these occupied houses had moved into their house since 2021, while 3.3% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 8.7% and another 9% 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 2020-2024

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Percent
Gas 74.6
Electricity 21.9
Fuel oil, kerosene, etc 2.3
All other fuels 0.6
No fuel used 0.6

In 2020-2024, the median property value for owner-occupied houses in 08701 was $466,100.

Of the owner-occupied households, 59.4 % had a mortgage. 40.6% 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 $2,806 and for owners without a mortgage it was $1,042.

For renter-occupied houses, the median gross rent for 08701 was $1,774. 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.