PlainZIP

Lakewood, NJ · standard

ZIP Code 08701

Ocean County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

92,843
1,456/sq mi
$64,959
Median income
$466,100
Median home value
33.8%
Bachelor's or higher

The verdict

Lakewood pairs a below-median household income with upper-quartile home values, in a low-density, mixed-tenure and unusually populous area.

38th pct
household income, US ZIPs
Top 15%
home value, US ZIPs
1,456
people per sq mi
52%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 08701 against every reporting US ZIP.

ZIP code 08701 is a densely settled ZIP (a standard USPS delivery area) in Lakewood, Ocean County, New Jersey, with 92,843 residents across 63.7 square miles, a density of 1,456 people per square mile, in the New York time zone.

ZIP 08701 reports a modest median household income of $64,959 (47% below the New Jersey average), while per-capita income is $23,089. The poverty rate stands at 24.8% and the unemployment rate at 5.8%. Housing costs here run $466,100 for a typical home value (10% below the state average), with rent averaging $1,774 a month; 51.5% of homes are owner-occupied.

A solid share of residents have a four-year degree: 33.8% of adults hold a bachelor's degree or higher, the median age is 18.2, and the average commute is 24 minutes. To put 08701 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Ocean County, for a geography-aware comparison.

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 08701

Top 5 sectors by establishment count in Lakewood, NJ

Which industries have the most business establishments in ZIP 08701.

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 08701, Lakewood, 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

92,843

Population

63.7

Area (sq mi)

1,456

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 08701?

18.2

Median Age

50.4%

Male

49.6%

Female

8.6%

Foreign-Born

White 85.3%
African American 1.7%
Asian 0.6%
American Indian or Alaska Native 0.9%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 5.1%
Hispanic or Latino 10.9%

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?

$64,959

Median Household Income

-47% vs state

$23,089

Per Capita Income

24.8%

Poverty Rate

5.8%

Unemployment Rate

24.3 min

Mean Commute Time

How ZIP 08701 ranks nationally

Lakewood, NJ household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$64,959 38th percentile higher than 38% 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%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $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 64.8%
Bachelor's Degree or Higher 33.8%

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

What does housing look like?

33,874

Total Housing Units

31,469

Occupied Units

2,405

Vacant Units

4.36

Avg Household Size

Occupancy Type

Owner 51.5%
Renter 48.5%

$466,100

Median Home Value

-10% vs state

$1,774

Median Rent

1994

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

-0.9%

YoY Change (2024)

491

HPI Index (2000 = 100)

+391%

Total Change Since 2000

Home values in ZIP 08701 have decreased 0.9% over the past year (2024). Since 2000, this ZIP has seen +391% cumulative appreciation.

Year Annual Change HPI Index
2020 +0.6% 289
2021 +10.1% 318
2022 +24.2% 395
2023 +25.4% 495
2024 -0.9% 491

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 4,031 business establishments in ZIP 08701, employing approximately 58,640 people with a combined annual payroll of $3,220,490,000.

4,031

Businesses

58,640

Employees

$3.2B

Annual Payroll

18

Industry Sectors

Industry Establishments % of Total
Real estate and rental and leasing 560 13.9%
Retail trade 521 12.9%
Health care and social assistance 491 12.2%
Professional, scientific, and technical services 471 11.7%
Other services (except public administration) 362 9.0%
Construction 345 8.6%
Wholesale trade 270 6.7%
Administrative and support and waste management and remediation services 230 5.7%
Finance and insurance 173 4.3%
Educational services 170 4.2%
Accommodation and food services 133 3.3%
Manufacturing 124 3.1%
Transportation and warehousing 82 2.0%
Information 37 0.9%
Arts, entertainment, and recreation 25 0.6%
Management of companies and enterprises 19 0.5%
Industries not classified 9 0.2%
Utilities 6 0.1%

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 08701 vs 07731 →

ZIP 08701 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 08701 ranks the most populous - useful context the national average alone can't give.

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

ZIP 08701 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 08701 ranks #null 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
07731 Howell, NJ 38,304 5.1 mi
08755 Toms River, NJ 25,302 4.8 mi
08724 Brick, NJ 42,352 4.8 mi
08723 Brick, NJ 31,641 5.5 mi
08753 Toms River, NJ 63,678 7.2 mi
08742 Point Pleasant Beach, NJ 24,405 7.5 mi
08722 Beachwood, NJ 11,045 10.2 mi
08720 Allenwood, NJ 843 6.9 mi
07727 Farmingdale, NJ 7,050 8.7 mi
08730 Brielle, NJ 4,774 7.6 mi

More ZIP Codes in Ocean County

08753 standard
Toms River, NJ
Pop: 63,678
08527 standard
Jackson, NJ
Pop: 54,392
08724 standard
Brick, NJ
Pop: 42,352
08759 standard
Manchester Township, NJ
Pop: 33,263
08757 standard
Toms River, NJ
Pop: 33,217
08723 standard
Brick, NJ
Pop: 31,641

Related Areas

Ocean County Lakewood, NJ New Jersey

Frequently Asked Questions

What county is ZIP code 08701 in? ▼
ZIP code 08701 (Lakewood) is located in Ocean County, New Jersey. Ocean County contains multiple ZIP codes, see the full list at /counties/ocean-nj.
What is the population of ZIP code 08701? ▼
ZIP code 08701 in Lakewood, NJ has a population of 92,843 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 08701? ▼
The median household income in ZIP 08701 is $64,959, which is 15% below the national average of $76,288.
What is the average home value in ZIP 08701? ▼
The median home value in ZIP 08701 is $466,100, which is 68% above the national average of $278,155.
What is the demographic makeup of ZIP 08701? ▼
The largest racial group in ZIP 08701 is White at 85.3%. Hispanic or Latino residents make up 10.9% of the population.
How many businesses are in ZIP code 08701? ▼
ZIP code 08701 has 4,031 business establishments employing approximately 58,640 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 08701? ▼
The top industries by establishment count in ZIP 08701 are: Real estate and rental and leasing (560), Retail trade (521), Health care and social assistance (491). There are 18 industry sectors represented in total.
How have home values changed in ZIP code 08701? ▼
According to the FHFA House Price Index, home values in ZIP 08701 decreased by 0.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 391%. 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 08701? ▼
In ZIP code 08701, 64.8% of residents aged 25+ have a high school diploma or higher, and 33.8% 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 08701? ▼
The mean commute time for workers in ZIP code 08701 is 24.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 08701? ▼
In ZIP code 08701, approximately 51.5% of occupied housing units are owner-occupied and 48.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 08701? ▼
The poverty rate in ZIP code 08701 is 24.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.