| ZIP Code | 08848 |
|---|---|
| City | Milford |
| State | New Jersey (NJ) |
| County | Hunterdon County |
| Area Code | 908 |
| Elevation | 258 ft |
| Latitude | 40.594266 |
|---|---|
| Longitude | -75.096659 |
| Timezone | New York (DST) |
| FIPS | 34019 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.0 yrs ↓ 12% since 2019 |
|---|---|
| Avg Household Size | 2.74 |
| Below Poverty | 4.6% ▼ 54% below avg |
| College Grads | 56.9% ▲ 47% above avg |
| Unemployment | 7.8% ▲ 59% above avg |
| No HS Diploma | 13 (0.2%) |
| HS Graduate | 1,221 (21.8%) |
| Some College | 421 (7.5%) |
| Associates | 763 (13.6%) |
| Bachelors | 540 (9.6%) |
| Graduate Degree | 2,654 (47.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $129,509 ▲ 70% above avg ↑ 18% since 2019 |
|---|---|
| Median Home Value | $393,800 ▲ 41% above avg ↑ 21% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $1,521/mo ↑ 10% since 2019 |
| Total Units | 3,100 |
| Vacant Units | 51 |
| Avg HH Size | 2.74 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,100 |
|---|---|
| Vacant | 51 |
| Owner Occupied | 90.0% |
| Renter Occupied | 10.0% |
| Avg HH Size | 2.74 |
ZIP code 08848 is located in Milford, New Jersey, within Hunterdon County. With a population of 8,376, this is a lightly populated ZIP code with a middle-aged community — the median age is 42 years. Economically, 08848 is a upper-middle-income ZIP code: the median household income of $129,509 is significantly above the national average.
Real estate in ZIP code 08848 represents a mid-range housing market. The median home value of $393,800 is above the national average. Renters can expect to pay around $1,521 per month in median rent. Homeownership is strong here — 90.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 21% since 2019.
The population of 08848 is primarily White (94.72%). Residents are well-educated — 56.9% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 4.6%. Household income has grown by 18% since 2019.
The unemployment rate in 08848 stands at 7.8%, which is significantly above the national average. About 15% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 08848 in Milford, NJ is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 8,376 residents, a median household income of $129,509, and a median home value of $393,800, it offers a clear picture of life in this part of New Jersey.