Margate City, NJ · standard
ZIP Code 08402
Atlantic County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 6,354
- 1,731/sq mi
- $121,800
- Median income
- $708,800
- Median home value
- 57.7%
- Bachelor's or higher
The verdict
Margate City pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.
- Top 9%
- household income, US ZIPs
- Top 6%
- home value, US ZIPs
- 1,731
- people per sq mi
- 90%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 08402 against every reporting US ZIP.
ZIP code 08402 is a mid-sized community (a standard USPS delivery area) in Margate City, Atlantic County, New Jersey, home to 6,354 residents across 3.7 square miles, a density of 1,731 people per square mile, in the New York time zone.
ZIP 08402 skews affluent, with a median household income of $121,800 (0% below the New Jersey average), while per-capita income is $85,724. The poverty rate stands at 6.3% and the unemployment rate at 4.1%. The typical home here is valued at $708,800 (37% above the state average); renters pay a median of $1,347 monthly, and 90.0% of units are owner-occupied.
This is a highly-educated ZIP: 57.7% of adults hold a bachelor's degree or higher, the median age is 57.5, and the average commute is 28 minutes. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Atlantic County, letting you compare 08402 to its immediate surroundings rather than a national baseline alone.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 08402
Top 5 sectors by establishment count in Margate City, NJ
Which industries have the most business establishments in ZIP 08402.
- Accommodation and food services
Accommodation and food services
35 establishments
- Other services (except public administration)
Other services (except public administration)
22 establishments
- Retail trade
Retail trade
21 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
17 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
16 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 08402, Margate City, NJ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
6,354
Population
3.7
Area (sq mi)
1,731
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 08402?
57.5
Median Age
44.3%
Male
55.7%
Female
6.5%
Foreign-Born
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?
$121,800
Median Household Income
-0% vs state
$85,724
Per Capita Income
6.3%
Poverty Rate
4.1%
Unemployment Rate
28.0 min
Mean Commute Time
How ZIP 08402 ranks nationally
Margate City, NJ household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$121,800 Top 9% higher than 91% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
6,877
Total Housing Units
2,570
Occupied Units
4,307
Vacant Units
2.03
Avg Household Size
Occupancy Type
$708,800
Median Home Value
+37% vs state
$1,347
Median Rent
1970
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+5.1%
YoY Change (2024)
445
HPI Index (2000 = 100)
+345%
Total Change Since 2000
Home values in ZIP 08402 have increased 5.1% over the past year (2024). Since 2000, this ZIP has seen +345% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.5% | 246 |
| 2021 | +13.6% | 280 |
| 2022 | +31.9% | 369 |
| 2023 | +14.7% | 423 |
| 2024 | +5.1% | 445 |
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 177 business establishments in ZIP 08402, employing approximately 1,640 people with a combined annual payroll of $73,192,000.
177
Businesses
1,640
Employees
$73.2M
Annual Payroll
13
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Accommodation and food services | 35 | 19.8% |
| Other services (except public administration) | 22 | 12.4% |
| Retail trade | 21 | 11.9% |
| Real estate and rental and leasing | 17 | 9.6% |
| Professional, scientific, and technical services | 16 | 9.0% |
| Construction | 14 | 7.9% |
| Administrative and support and waste management and remediation services | 13 | 7.3% |
| Finance and insurance | 12 | 6.8% |
| Health care and social assistance | 11 | 6.2% |
| Wholesale trade | 5 | 2.8% |
| Arts, entertainment, and recreation | 4 | 2.3% |
| Transportation and warehousing | 3 | 1.7% |
| Educational services | 3 | 1.7% |
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 08402 vs 08406 →
ZIP 08402 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 08234
Egg Harbor Township (08234)
42,532 residents
- 08401
Atlantic City (08401)
39,554 residents
- 08232
Pleasantville (08232)
19,292 residents
- 08226 11,701
Ocean City (08226)
11,701 residents
- 08244 10,849
Somers Point (08244)
10,849 residents
- 08406 10,650
Ventnor City (08406)
10,650 residents
- 08201 10,007
Absecon (08201)
10,007 residents
- 08225 8,659
Northfield (08225)
8,659 residents
- 08221 7,092
Linwood (08221)
7,092 residents
What this shows Among its immediate neighbors, ZIP 08402 ranks #0 by population - useful context the national average alone can't give.
ZIP 08402 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 08221
Linwood (08221)
$156,354 median income
- 08402
Margate City (08402)
$121,800 median income
- 08225
Northfield (08225)
$111,599 median income
- 08403
Longport (08403)
$110,625 median income
- 08226
Ocean City (08226)
$101,782 median income
- 08234
Egg Harbor Township (08234)
$98,217 median income
- 08201
Absecon (08201)
$71,321 median income
- 08244
Somers Point (08244)
$70,255 median income
- 08406
Ventnor City (08406)
$69,099 median income
What this shows By household income, ZIP 08402 ranks #2 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 08406 | Ventnor City, NJ | 10,650 | 1.5 mi |
| 08403 | Longport, NJ | 997 | 1.7 mi |
| 08232 | Pleasantville, NJ | 19,292 | 4.0 mi |
| 08225 | Northfield, NJ | 8,659 | 2.9 mi |
| 08221 | Linwood, NJ | 7,092 | 3.5 mi |
| 08244 | Somers Point, NJ | 10,849 | 4.4 mi |
| 08401 | Atlantic City, NJ | 39,554 | 4.5 mi |
| 08201 | Absecon, NJ | 10,007 | 6.4 mi |
| 08226 | Ocean City, NJ | 11,701 | 6.6 mi |
| 08234 | Egg Harbor Township, NJ | 42,532 | 7.3 mi |
More ZIP Codes in Atlantic County
Related Areas
Frequently Asked Questions
What county is ZIP code 08402 in? ▼
What is the population of ZIP code 08402? ▼
What is the median household income in ZIP 08402? ▼
What is the average home value in ZIP 08402? ▼
What is the demographic makeup of ZIP 08402? ▼
How many businesses are in ZIP code 08402? ▼
What are the main industries in ZIP code 08402? ▼
How have home values changed in ZIP code 08402? ▼
What is the education level in ZIP code 08402? ▼
What is the average commute time in ZIP 08402? ▼
What percentage of residents own vs. rent in ZIP 08402? ▼
What is the poverty rate in ZIP code 08402? ▼
Read our methodology to see how this data is sourced, computed, and verified.