| ZIP Code | 08701 |
|---|---|
| City | Lakewood |
| State | New Jersey (NJ) |
| County | Ocean County |
| Area Code | 732/848/908 |
| Elevation | 80 ft |
| Latitude | 40.077069 |
|---|---|
| Longitude | -74.19851 |
| Timezone | New York (DST) |
| FIPS | 34029 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 18.2 yrs ↓ 6% since 2019 |
|---|---|
| Avg Household Size | 4.32 |
| Below Poverty | 24.3% ▲ 143% above avg |
| College Grads | 38.5% ≈ Avg |
| Unemployment | 6.1% ▲ 24% above avg |
| No HS Diploma | 806 (1.5%) |
| HS Graduate | 17,681 (33.3%) |
| Some College | 5,069 (9.5%) |
| Associates | 9,073 (17.1%) |
| Bachelors | 2,394 (4.5%) |
| Graduate Degree | 18,066 (34%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,811 ▼ 18% below avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $430,700 ▲ 54% above avg ↑ 28% since 2019 |
| Home/Income Ratio | 6.9x (nat avg ~3.5x) |
| Median Rent | $1,701/mo ↑ 19% since 2019 |
| Total Units | 33,539 |
| Vacant Units | 2,315 |
| Avg HH Size | 4.32 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 33,539 |
|---|---|
| Vacant | 2,315 |
| Owner Occupied | 50.8% |
| Renter Occupied | 49.2% |
| Avg HH Size | 4.32 |
ZIP code 08701 is located in Lakewood, New Jersey, within Ocean County. With a population of 136,784, this is a densely populated ZIP code with a young community — the median age is 18.2 years. Economically, 08701 is a solidly middle-class ZIP code: the median household income of $62,811 is below the national average.
Real estate in ZIP code 08701 represents a premium housing market. The median home value of $430,700 is significantly above the national average. Renters can expect to pay around $1,701 per month in median rent. The area has a relatively balanced mix of owners (50.8%) and renters (49.2%). Median home values have increased by 28% since 2019.
The population of 08701 is primarily White (84.01%). Residents are moderately educated — 38.5% hold a bachelor's degree or higher, which is near the national average. Poverty affects a significant share of residents at 24.3%. Household income has grown by 20% since 2019.
The unemployment rate in 08701 stands at 6.1%, which is above the national average. About 13% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 67%.
Overall, ZIP code 08701 in Lakewood, NJ is characterized as solidly middle-class, moderately educated, and a young community. With 136,784 residents, a median household income of $62,811, and a median home value of $430,700, it offers a clear picture of life in this part of New Jersey.