| ZIP Code | 08740 |
|---|---|
| City | Ocean Gate |
| State | New Jersey (NJ) |
| County | Ocean County |
| Area Code | 732/848/908 |
| Elevation | 4 ft |
| Latitude | 39.928358 |
|---|---|
| Longitude | -74.127773 |
| Timezone | New York (DST) |
| FIPS | 34029 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.8 yrs ↑ 8% since 2019 |
|---|---|
| Avg Household Size | 2.34 |
| Below Poverty | 3.7% ▼ 63% below avg |
| College Grads | 43.9% ▲ 13% above avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 24 (2%) |
| HS Graduate | 511 (41.9%) |
| Some College | 84 (6.9%) |
| Associates | 65 (5.3%) |
| Bachelors | 122 (10%) |
| Graduate Degree | 413 (33.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,278 ≈ Avg ↑ 31% since 2019 |
|---|---|
| Median Home Value | $342,100 ▲ 23% above avg ↑ 42% since 2019 |
| Home/Income Ratio | 4.5x (nat avg ~3.5x) |
| Median Rent | $1,724/mo ↑ 4% since 2019 |
| Total Units | 1,231 |
| Vacant Units | 477 |
| Avg HH Size | 2.34 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,231 |
|---|---|
| Vacant | 477 |
| Owner Occupied | 80.8% |
| Renter Occupied | 19.2% |
| Avg HH Size | 2.34 |
ZIP code 08740 is located in Ocean Gate, New Jersey, within Ocean County. With a population of 1,768, this is a sparsely populated ZIP code with a mature community — the median age is 46.8 years. Economically, 08740 is a middle-income ZIP code: the median household income of $75,278 is near the national average.
Real estate in ZIP code 08740 represents a mid-range housing market. The median home value of $342,100 is above the national average. Renters can expect to pay around $1,724 per month in median rent. Homeownership is strong here — 80.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 42% since 2019.
The population of 08740 is primarily White (90.89%). Residents are well-educated — 43.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 3.7%. Household income has grown by 31% since 2019.
The unemployment rate in 08740 stands at 3.3%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 90%.
Overall, ZIP code 08740 in Ocean Gate, NJ is characterized as middle-income, well-educated, a mature community, and predominantly owner-occupied. With 1,768 residents, a median household income of $75,278, and a median home value of $342,100, it offers a clear picture of life in this part of New Jersey.