US ZIP Code
08518

Florence, NJ

Burlington County  ·  New Jersey

● Active
👥 5,830 Population ↑ 8% since 2019
💰 $102,321 Median HH Income
▲ 34% above avg ↑ 58% since 2019
🎂 40.1 Median Age ↓ 6% since 2019
🏠 $287,900 Median Home Value
≈ Avg ↑ 40% since 2019
🎓 29.9% College Grads
▼ 23% below avg
📊 6.0% Unemployment
▲ 22% above avg ↑ 53% since 2019
ZIP Code Details
ZIP Code08518
CityFlorence
StateNew Jersey (NJ)
CountyBurlington County
Area Code609/640
Elevation28 ft
Latitude40.115503
Longitude-74.804028
TimezoneNew York (DST)
FIPS34005
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 51.9% (3,023) Female 48.2% (2,807) ♀

Race & Ethnicity

White: 66%Hispanic: 13.2%Black: 6.8%Asian: 7.7%Other: 5.9%Race
White66.0%
Hispanic13.2%
Black6.8%
Asian7.7%
Other5.9%

Age Breakdown

Under 5
6%
5–17
20%
18–24
7%
25–44
26%
45–64
24%
65+
9%

Key Indicators

Median Age40.1 yrs ↓ 6% since 2019
Avg Household Size2.80
Below Poverty7.8% ▼ 22% below avg
College Grads29.9% ▼ 23% below avg
Unemployment6.0% ▲ 22% above avg
No HS Diploma73 (2%)
HS Graduate1,267 (34.2%)
Some College315 (8.5%)
Associates938 (25.3%)
Bachelors199 (5.4%)
Graduate Degree909 (24.6%)

Education

No HS: 2%HS Grad: 34.2%Some College: 8.5%Associates: 25.3%Bachelors: 5.4%Graduate: 24.6%Edu
No HS2.0%
HS Grad34.2%
Some College8.5%
Associates25.3%
Bachelors5.4%
Graduate24.6%
Housing & Income

Housing Tenure

Owner: 70.1%Renter: 30%Tenure
Owner70.1%
Renter30.0%

Home Value Distribution

Under $50k
2%
$50k–100k
2%
$100k–150k
7%
$150k–200k
9%
$200k–300k
35%
$300k–500k
38%
Over $500k
7%

Financials

Median HH Income$102,321 ▲ 34% above avg ↑ 58% since 2019
Median Home Value$287,900 ≈ Avg ↑ 40% since 2019
Home/Income Ratio2.8x (nat avg ~3.5x)
Median Rent$1,253/mo ↑ 19% since 2019
Total Units2,165
Vacant Units88
Avg HH Size2.80

Income Distribution

Under $25k
8%
$25k–50k
9%
$50k–75k
16%
$75k–100k
13%
$100k–150k
34%
$150k–200k
7%
Over $200k
13%
Employment & Commute

How People Get to Work

Drove Alone
88%
Public Transit
0%
Walked
3%
Work From Home
9%

Commute Time

Under 15 min
24%
15–30 min
37%
30–45 min
21%
Over 45 min
18%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
10%
1960s–1970s
18%
1980s–1990s
6%
2000+
63%

Summary

Total Units2,165
Vacant88
Owner Occupied70.1%
Renter Occupied30.0%
Avg HH Size2.80
Frequently Asked Questions
ZIP code 08518 is in Florence, NJ, in Burlington County.
ZIP code 08518 is located in New Jersey (NJ).
ZIP code 08518 is in Burlington County, NJ.
ZIP 08518 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 08518 is 5,830 people (ACS 2023).
The median household income in ZIP code 08518 is $102,321 (ACS 2023).
The median home value in ZIP 08518 is $287,900 (ACS 2023).
About ZIP Code 08518

ZIP code 08518 is located in Florence, New Jersey, within Burlington County. With a population of 5,830, this is a lightly populated ZIP code with a middle-aged community — the median age is 40.1 years. Economically, 08518 is a upper-middle-income ZIP code: the median household income of $102,321 is above the national average.

Real estate in ZIP code 08518 represents a mid-range housing market. The median home value of $287,900 is near the national average. Renters can expect to pay around $1,253 per month in median rent. Homeownership is strong here — 70.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.

The population of 08518 is majority White (66.02%). Residents are moderately educated — 29.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 7.8%. Household income has grown by 58% since 2019.

The unemployment rate in 08518 stands at 6.0%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 77%.

Overall, ZIP code 08518 in Florence, NJ is characterized as upper-middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 5,830 residents, a median household income of $102,321, and a median home value of $287,900, it offers a clear picture of life in this part of New Jersey.