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.

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 + 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

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 08402?

57.5

Median Age

44.3%

Male

55.7%

Female

6.5%

Foreign-Born

White 92.5%
African American 0.4%
Asian 1.3%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.6%
Hispanic or Latino 4.3%

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

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). This entry sits in this band. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 73.8%
Bachelor's Degree or Higher 57.7%

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

Owner 90.0%
Renter 10.0%

$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)

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.

residents

What this shows Among its immediate neighbors, ZIP 08402 ranks #0 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 08402 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

Frequently Asked Questions

What county is ZIP code 08402 in?
ZIP code 08402 (Margate City) is located in Atlantic County, New Jersey. Atlantic County contains multiple ZIP codes, see the full list at /counties/atlantic-nj.
What is the population of ZIP code 08402?
ZIP code 08402 in Margate City, NJ has a population of 6,354 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 08402?
The median household income in ZIP 08402 is $121,800, which is 60% above the national average of $76,288.
What is the average home value in ZIP 08402?
The median home value in ZIP 08402 is $708,800, which is 155% above the national average of $278,155.
What is the demographic makeup of ZIP 08402?
The largest racial group in ZIP 08402 is White at 92.5%. Hispanic or Latino residents make up 4.3% of the population.
How many businesses are in ZIP code 08402?
ZIP code 08402 has 177 business establishments employing approximately 1,640 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 08402?
The top industries by establishment count in ZIP 08402 are: Accommodation and food services (35), Other services (except public administration) (22), Retail trade (21). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 08402?
According to the FHFA House Price Index, home values in ZIP 08402 increased by 5.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 345%. 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 08402?
In ZIP code 08402, 73.8% of residents aged 25+ have a high school diploma or higher, and 57.7% 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 08402?
The mean commute time for workers in ZIP code 08402 is 28.0 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 08402?
In ZIP code 08402, approximately 90.0% of occupied housing units are owner-occupied and 10.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 08402?
The poverty rate in ZIP code 08402 is 6.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.