| ZIP Code | 08823 |
|---|---|
| City | Franklin Park |
| State | New Jersey (NJ) |
| County | Somerset County |
| Area Code | 732/848 |
| Elevation | 148 ft |
| Latitude | 40.438609 |
|---|---|
| Longitude | -74.565211 |
| Timezone | New York (DST) |
| FIPS | 34035 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.8 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.55 |
| Below Poverty | 7.1% ▼ 29% below avg |
| College Grads | 69.3% ▲ 79% above avg |
| Unemployment | 4.8% ≈ Avg |
| No HS Diploma | 162 (2.7%) |
| HS Graduate | 946 (15.6%) |
| Some College | 284 (4.7%) |
| Associates | 463 (7.7%) |
| Bachelors | 589 (9.7%) |
| Graduate Degree | 3,606 (59.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $109,182 ▲ 43% above avg ↑ 5% since 2019 |
|---|---|
| Median Home Value | $279,400 ≈ Avg ↑ 4% since 2019 |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $2,242/mo ↑ 16% since 2019 |
| Total Units | 3,445 |
| Avg HH Size | 2.55 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,445 |
|---|---|
| Owner Occupied | 67.0% |
| Renter Occupied | 33.0% |
| Avg HH Size | 2.55 |
ZIP code 08823 is located in Franklin Park, New Jersey, within Somerset County. With a population of 8,873, this is a lightly populated ZIP code with a middle-aged community — the median age is 39.8 years. Economically, 08823 is a upper-middle-income ZIP code: the median household income of $109,182 is above the national average.
Real estate in ZIP code 08823 represents a mid-range housing market. The median home value of $279,400 is near the national average. Renters can expect to pay around $2,242 per month in median rent. Homeownership is strong here — 67.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 4% since 2019.
The population of 08823 is racially diverse, with Asian as the largest group at 40.3%. Residents are highly educated — 69.3% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 7.1%. Household income has grown by 5% since 2019.
The unemployment rate in 08823 stands at 4.8%, which is near the national average. About 13% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 64%.
Overall, ZIP code 08823 in Franklin Park, NJ is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 8,873 residents, a median household income of $109,182, and a median home value of $279,400, it offers a clear picture of life in this part of New Jersey.