ZIP Code 08402
standardSource:
Margate City · Atlantic County · New Jersey
- Population
- 6,354
- Median income
- $121,800
- Median home value
- $708,800
- Bachelor's or higher
- 57.7%
- Land area
- 3.7 sq mi
1,731/sq mi
▲ 60% vs US
higher than 91% of US ZIPs
▲ 155% vs US
higher than 94% of US ZIPs
Median age 57.5
New York
ZIP code 08402 in Margate City, New Jersey has a population of 6,354. The median household income is $121,800, which is 60% above the national average. Median home value is $708,800, 155% above the US average. 57.7% of residents hold a bachelor's degree or higher.
ZIP code 08402 is classified by USPS as a standard delivery area and covers roughly 3.7 square miles in Margate City, Atlantic County, New Jersey. The area is home to 6,354 residents, producing a population density of 1,731 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 08402 against New Jersey and the nation.
On the economic side, the median household income for ZIP 08402 sits at $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%. On housing, the median home value is $708,800 (37% above the state average) with median rent at $1,347 per month, and 90.0% of occupied units are owner-occupied, a direct signal of whether 08402 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 57.7% of adults hold a bachelor's degree or higher, the median age is 57.5, and the average commute is 28 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Atlantic County, so you can benchmark 08402 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 08402
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
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 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
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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? ▼
ZIP Code Research Guides
Official Data Resources for Margate City, 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.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.