08724 Income Statistics

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Comparison to Surrounding Areas

08724 Median Household Income

The median household income ($87,644) for 08724 is less than the median household income for 08723 ($100,596), 08742 ($107,113), 07731 ($129,501), 08730 ($160,845), 08720 ($138,636), 08736 ($159,533), Monmouth County ($118,527), Brick township ($91,952), and Wall township ($137,165). But it's more than 08701 ($58,949) and Ocean County ($82,379).

08724	$87,644
Brick township	$91,952
Wall township	$137,165
Monmouth County	$118,527
Ocean County	$82,379

08724 Average Household Income

The average household income ($115,699) for 08724 is less than the average household income for 08723 ($116,698), 08742 ($146,991), 07731 ($141,463), 08730 ($214,917), 08720 ($147,616), 08736 ($206,436), Monmouth County ($162,075), Brick township ($117,929), and Wall township ($170,699). But it's more than 08701 ($89,233) and Ocean County ($111,549).

08724	$115,699
Brick township	$117,929
Wall township	$170,699
Monmouth County	$162,075
Ocean County	$111,549

08724 Per-Capita Income

The per-capita income for 08724 is $47,147. The per capita income ($47,147) for 08724 is less than the per capita income for 08723 ($47,507), 08742 ($60,849), 07731 ($48,114), 08730 ($81,236), 08720 ($52,951), 08736 ($82,809), Monmouth County ($62,998), Brick township ($48,103), and Wall township ($66,053). But it's more than 08701 ($20,885) and Ocean County ($42,497).

08724	$47,147
Brick township	$48,103
Wall township	$66,053
Monmouth County	$62,998
Ocean County	$42,497

08724 High Income Households

12.5% of households make over $200,000 a year. The percent high income households (12.5%) for 08724 is more than 08723 (12.6%), 08742 (20.9%), 07731 (20.9%), 08701 (9.3%), 08730 (37.1%), 08720 (38.8%), 08736 (35.5%), Monmouth County (26.0%), Ocean County (12.6%), Brick township (12.9%), and Wall township (29.4%).

08724	12.5%
Brick township	12.9%
Wall township	29.4%
Monmouth County	26.0%
Ocean County	12.6%

08724 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
08724	$51,518	$91,441	$123,625	$61,487
Brick township	$27,072	$105,469	$118,289	$63,262
Wall township	$-1	$166,435	$161,106	$100,197
Monmouth County	$63,730	$135,545	$148,135	$77,229
Ocean County	$38,750	$97,064	$109,253	$58,096

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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 08724 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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
08724	+/-$7,039	+/-$6,004	+/-$2,522	+/-1.8%	+/-$20,092	+/-$7,527	+/-$13,860	+/-$3,768
Brick township	+/-$4,592	+/-$4,899	+/-$2,089	+/-1.5%	+/-$22,759	+/-$6,938	+/-$9,371	+/-$2,988
Wall township	+/-$14,304	+/-$8,583	+/-$3,920	+/-3.4%	+/-$-1	+/-$7,634	+/-$9,011	+/-$21,264
Monmouth County	+/-$1,903	+/-$2,847	+/-$1,094	+/-0.7%	+/-$8,272	+/-$4,183	+/-$4,115	+/-$2,765
Ocean County	+/-$1,455	+/-$2,214	+/-$837	+/-0.6%	+/-$13,555	+/-$5,427	+/-$2,981	+/-$1,668