| ZIP Code | 07702 |
|---|---|
| City | Shrewsbury |
| State | New Jersey (NJ) |
| County | Monmouth County |
| Area Code | 732/848 |
| Elevation | 34 ft |
| Latitude | 40.32645 |
|---|---|
| Longitude | -74.057373 |
| Timezone | New York (DST) |
| FIPS | 34025 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.0 yrs ↓ 9% since 2019 |
|---|---|
| Avg Household Size | 2.68 |
| Below Poverty | 3.5% ▼ 65% below avg |
| College Grads | 69.6% ▲ 80% above avg |
| Unemployment | 5.0% ≈ Avg |
| HS Graduate | 440 (16.4%) |
| Some College | 222 (8.3%) |
| Associates | 153 (5.7%) |
| Bachelors | 132 (4.9%) |
| Graduate Degree | 1,734 (64.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $144,500 ▲ 89% above avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $735,900 ▲ 164% above avg ↑ 25% since 2019 |
| Home/Income Ratio | 5.1x (nat avg ~3.5x) |
| Median Rent | $3,300/mo ↑ 21% since 2019 |
| Total Units | 1,526 |
| Vacant Units | 34 |
| Avg HH Size | 2.68 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,526 |
|---|---|
| Vacant | 34 |
| Owner Occupied | 84.1% |
| Renter Occupied | 15.9% |
| Avg HH Size | 2.68 |
ZIP code 07702 is located in Shrewsbury, New Jersey, within Monmouth County. With a population of 4,162, this is a lightly populated ZIP code with a middle-aged community — the median age is 42 years. Economically, 07702 is a upper-middle-income ZIP code: the median household income of $144,500 is significantly above the national average.
Real estate in ZIP code 07702 represents a premium housing market. The median home value of $735,900 is more than double the national average. Renters can expect to pay around $3,300 per month in median rent. Homeownership is strong here — 84.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 25% since 2019.
The population of 07702 is primarily White (85.27%). Residents are highly educated — 69.6% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 3.5%. Household income has grown by 16% since 2019.
The unemployment rate in 07702 stands at 5.0%, which is near the national average. About 22% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 68%.
Overall, ZIP code 07702 in Shrewsbury, NJ is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 4,162 residents, a median household income of $144,500, and a median home value of $735,900, it offers a clear picture of life in this part of New Jersey.