ZIP Code 07702

standard

Source:

Shrewsbury · Monmouth County · New Jersey

Population
3,809

681/sq mi

Median income
$178,958

▲ 135% vs US

higher than 98% of US ZIPs

Median home value
$811,400

▲ 192% vs US

higher than 96% of US ZIPs

Bachelor's or higher
65.9%

Median age 43.4

Land area
5.6 sq mi

New York

ZIP code 07702 in Shrewsbury, New Jersey has a population of 3,809. The median household income is $178,958, which is 135% above the national average. Median home value is $811,400, 192% above the US average. 65.9% of residents hold a bachelor's degree or higher.

ZIP code 07702 is classified by USPS as a standard delivery area and covers roughly 5.6 square miles in Shrewsbury, Monmouth County, New Jersey. The area is home to 3,809 residents, producing a population density of 681 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 07702 against New Jersey and the nation.

On the economic side, the median household income for ZIP 07702 sits at $178,958 (47% above the New Jersey average), while per-capita income is $81,362. The poverty rate stands at 3.6% and the unemployment rate at 4.6%. On housing, the median home value is $811,400 (57% above the state average) with median rent at $3,472 per month, and 85.8% of occupied units are owner-occupied, a direct signal of whether 07702 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 65.9% of adults hold a bachelor's degree or higher, the median age is 43.4, and the average commute is 35 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Monmouth County, so you can benchmark 07702 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 07702

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 07702.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 07702, Shrewsbury, NJ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

3,809

Population

5.6

Area (sq mi)

681

People / sq mi

New York

Time Zone

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ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 07702?

43.4

Median Age

48.0%

Male

52.0%

Female

6.7%

Foreign-Born

White 85.4%
African American 3.6%
Asian 3.7%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.6%
Hispanic or Latino 3.9%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$178,958

Median Household Income

+47% vs state

$81,362

Per Capita Income

3.6%

Poverty Rate

4.6%

Unemployment Rate

35.2 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 79.9%
Bachelor's Degree or Higher 65.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

1,546

Total Housing Units

1,512

Occupied Units

34

Vacant Units

2.65

Avg Household Size

Occupancy Type

Owner 85.8%
Renter 14.2%

$811,400

Median Home Value

+57% vs state

$3,472

Median Rent

1969

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+11.9%

YoY Change (2024)

294

HPI Index (2000 = 100)

+194%

Total Change Since 2000

Home values in ZIP 07702 have increased 11.9% over the past year (2024). Since 2000, this ZIP has seen +194% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.0% 195
2021 +8.5% 212
2022 +13.0% 239
2023 +9.9% 263
2024 +11.9% 294

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 429 business establishments in ZIP 07702, employing approximately 6,578 people with a combined annual payroll of $424,818,000.

429

Businesses

6,578

Employees

$424.8M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 89 20.8%
Retail trade 86 20.1%
Professional, scientific, and technical services 52 12.1%
Other services (except public administration) 46 10.7%
Finance and insurance 34 7.9%
Accommodation and food services 26 6.1%
Administrative and support and waste management and remediation services 19 4.4%
Construction 17 4.0%
Real estate and rental and leasing 14 3.3%
Manufacturing 10 2.3%
Arts, entertainment, and recreation 10 2.3%
Information 9 2.1%
Wholesale trade 7 1.6%
Educational services 5 1.2%
Utilities 3 0.7%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 07702 vs 07703 →

ZIP Code City Population Distance
07703 Fort Monmouth, NJ 690 1.2 mi
07739 Little Silver, NJ 5,938 1.5 mi
07724 Eatontown, NJ 21,710 2.0 mi
07757 Oceanport, NJ 5,356 2.4 mi
07701 Red Bank, NJ 23,813 2.7 mi
07704 Fair Haven, NJ 6,133 2.8 mi
07764 West Long Branch, NJ 8,097 3.3 mi
07738 Lincroft, NJ 6,095 3.7 mi
07712 Asbury Park, NJ 39,158 5.3 mi
07750 Monmouth Beach, NJ 3,279 4.0 mi

More ZIP Codes in Monmouth County

Frequently Asked Questions

What county is ZIP code 07702 in?
ZIP code 07702 (Shrewsbury) is located in Monmouth County, New Jersey. Monmouth County contains multiple ZIP codes, see the full list at /counties/monmouth-nj.
What is the population of ZIP code 07702?
ZIP code 07702 in Shrewsbury, NJ has a population of 3,809 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07702?
The median household income in ZIP 07702 is $178,958, which is 135% above the national average of $76,288.
What is the average home value in ZIP 07702?
The median home value in ZIP 07702 is $811,400, which is 192% above the national average of $278,155.
What is the demographic makeup of ZIP 07702?
The largest racial group in ZIP 07702 is White at 85.4%. Hispanic or Latino residents make up 3.9% of the population.
How many businesses are in ZIP code 07702?
ZIP code 07702 has 429 business establishments employing approximately 6,578 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07702?
The top industries by establishment count in ZIP 07702 are: Health care and social assistance (89), Retail trade (86), Professional, scientific, and technical services (52). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 07702?
According to the FHFA House Price Index, home values in ZIP 07702 increased by 11.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 194%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 07702?
In ZIP code 07702, 79.9% of residents aged 25+ have a high school diploma or higher, and 65.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 07702?
The mean commute time for workers in ZIP code 07702 is 35.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 07702?
In ZIP code 07702, approximately 85.8% of occupied housing units are owner-occupied and 14.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07702?
The poverty rate in ZIP code 07702 is 3.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Shrewsbury, NJ

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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