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08740 Map

08740 Income Statistics

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Comparison to Surrounding Areas

08740 Median Household Income

The median household income ($67,788) for 08740 is less than the median household income for 08753 ($97,153), 08721 ($103,534), 08732 ($106,339), and Ocean County ($82,379). But it's more than Berkeley township ($63,200). And it's the same as Ocean Gate borough ($67,788).

08740$67,788
Ocean Gate borough$67,788
Berkeley township$63,200
Ocean County$82,379

08740 Average Household Income

The average household income ($95,009) for 08740 is less than the average household income for 08753 ($126,624), 08721 ($123,837), 08732 ($153,014), and Ocean County ($111,549). But it's more than Berkeley township ($94,375). And it's the same as Ocean Gate borough ($95,009).

08740$95,009
Ocean Gate borough$95,009
Berkeley township$94,375
Ocean County$111,549

08740 Per-Capita Income

The per-capita income for 08740 is $42,958. The per capita income ($42,958) for 08740 is less than the per capita income for 08753 ($49,485), 08721 ($45,269), 08732 ($71,779), and Berkeley township ($46,534). But it's more than Ocean County ($42,497). And it's the same as Ocean Gate borough ($42,958).

08740$42,958
Ocean Gate borough$42,958
Berkeley township$46,534
Ocean County$42,497

08740 High Income Households

4.6% of households make over $200,000 a year. The percent high income households (4.6%) for 08740 is more than 08753 (16.1%), 08721 (14.2%), 08732 (16.5%), Ocean County (12.6%), Ocean Gate borough (4.6%), and Berkeley township (7.1%).

087404.6%
Ocean Gate borough4.6%
Berkeley township7.1%
Ocean County12.6%

08740 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
08740$-1$112,736$68,269$60,000
Ocean Gate borough$-1$112,736$68,269$60,000
Berkeley township$2,499$116,327$89,366$46,275
Ocean County$38,750$97,064$109,253$58,096

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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 08740 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+
08740+/-$13,966+/-$23,745+/-$10,523+/-3.9%+/-$-1+/-$51,464+/-$32,782+/-$25,172
Ocean Gate borough+/-$13,966+/-$23,745+/-$10,523+/-3.9%+/-$-1+/-$51,464+/-$32,782+/-$25,172
Berkeley township+/-$3,410+/-$12,005+/-$5,715+/-1.4%+/-$-1+/-$9,970+/-$9,215+/-$3,032
Ocean County+/-$1,455+/-$2,214+/-$837+/-0.6%+/-$13,555+/-$5,427+/-$2,981+/-$1,668