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08501 Map

08501 Income Statistics

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Comparison to Surrounding Areas

08501 Median Household Income

The median household income ($135,370) for 08501 is less than the median household income for 08515 ($189,353), 08510 ($190,379), 08535 ($191,184), and Upper Freehold township ($170,033). But it's more than 08514 ($120,811), 08555 ($101,339), 08520 ($115,931), 08562 ($86,797), 08620 ($111,141), 08691 ($126,628), Mercer County ($92,697), Monmouth County ($118,527), Burlington County ($102,615), Hamilton township ($91,126), North Hanover township ($81,427), and Allentown borough ($113,438).

08501$135,370
Hamilton township$91,126
Upper Freehold township$170,033
North Hanover township$81,427
Allentown borough$113,438
Monmouth County$118,527
Burlington County$102,615
Mercer County$92,697

08501 Average Household Income

The average household income ($172,422) for 08501 is less than the average household income for 08515 ($192,894), 08510 ($203,289), 08535 ($261,055), 08514 ($177,389), and Upper Freehold township ($213,433). But it's more than 08562 ($106,106), 08555 ($129,638), 08520 ($141,321), 08691 ($154,863), 08620 ($128,333), Mercer County ($133,816), Monmouth County ($162,075), Burlington County ($132,928), Allentown borough ($137,311), North Hanover township ($97,228), and Hamilton township ($111,326).

08501$172,422
Hamilton township$111,326
Upper Freehold township$213,433
North Hanover township$97,228
Allentown borough$137,311
Monmouth County$162,075
Burlington County$132,928
Mercer County$133,816

08501 Per-Capita Income

The per-capita income for 08501 is $67,255. The per capita income ($67,255) for 08501 is less than the per capita income for 08510 ($69,697), 08535 ($88,711), and Upper Freehold township ($74,852). But it's more than 08514 ($65,899), 08555 ($41,976), 08520 ($51,112), 08515 ($58,181), 08562 ($41,591), 08620 ($44,759), 08691 ($63,284), Monmouth County ($62,998), Burlington County ($51,549), Mercer County ($50,053), Hamilton township ($44,095), North Hanover township ($34,274), and Allentown borough ($52,881).

08501$67,255
Hamilton township$44,095
Upper Freehold township$74,852
North Hanover township$34,274
Allentown borough$52,881
Monmouth County$62,998
Burlington County$51,549
Mercer County$50,053

08501 High Income Households

33.1% of households make over $200,000 a year. The percent high income households (33.1%) for 08501 is more than 08514 (27.3%), 08520 (21.9%), 08515 (45.9%), 08510 (46.8%), 08535 (46.5%), 08562 (10.7%), 08620 (19.9%), 08691 (29.2%), 08555 (19.4%), Burlington County (18.1%), Monmouth County (26.0%), Mercer County (18.6%), Allentown borough (19.0%), Upper Freehold township (44.0%), Hamilton township (11.1%), and North Hanover township (7.1%).

0850133.1%
Hamilton township11.1%
Upper Freehold township44.0%
North Hanover township7.1%
Allentown borough19.0%
Monmouth County26.0%
Burlington County18.1%
Mercer County18.6%

08501 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
08501$-1$153,167$176,875$86,657
Hamilton township$41,319$103,632$105,034$65,800
Upper Freehold township$-1$203,071$230,577$92,564
North Hanover township$45,476$85,077$97,468$67,348
Allentown borough$-1$156,875$111,250$68,558
Monmouth County$63,730$135,545$148,135$77,229
Burlington County$49,925$107,326$127,135$71,406
Mercer County$39,633$99,518$115,800$66,960

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 08501 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
08501+/-$43,906+/-$25,245+/-$10,154+/-8.0%+/-$-1+/-$27,518+/-$43,131+/-$23,992
Hamilton township+/-$4,625+/-$3,420+/-$1,357+/-1.3%+/-$16,936+/-$6,153+/-$8,644+/-$8,041
Upper Freehold township+/-$38,290+/-$40,238+/-$14,345+/-9.1%+/-$-1+/-$60,767+/-$39,225+/-$20,301
North Hanover township+/-$8,912+/-$8,019+/-$3,219+/-3.3%+/-$6,610+/-$13,403+/-$34,446+/-$46,011
Allentown borough+/-$18,100+/-$15,976+/-$6,271+/-5.2%+/-$-1+/-$22,508+/-$23,572+/-$2,706
Monmouth County+/-$1,903+/-$2,847+/-$1,094+/-0.7%+/-$8,272+/-$4,183+/-$4,115+/-$2,765
Burlington County+/-$1,436+/-$2,310+/-$824+/-0.7%+/-$8,541+/-$2,716+/-$4,167+/-$2,775
Mercer County+/-$2,156+/-$3,940+/-$1,499+/-0.8%+/-$6,216+/-$4,224+/-$4,158+/-$4,639