Allenwood, NJ · standard

ZIP Code 08720

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

843
233/sq mi
$224,671
Median income
$785,900
Median home value
48.5%
Bachelor's or higher

The verdict

Allenwood pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.

Top 1%
household income, US ZIPs
Top 5%
home value, US ZIPs
233
people per sq mi
95%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 08720 against every reporting US ZIP.

ZIP code 08720 is a sparsely populated ZIP (a standard USPS delivery area) in Allenwood, Monmouth County, New Jersey, home to just 843 residents across 3.6 square miles, a density of 233 people per square mile, in the New York time zone.

ZIP 08720 skews affluent, with a median household income of $224,671 (84% above the New Jersey average), while per-capita income is $76,416. The poverty rate stands at 5.3% and the unemployment rate at 0.0%. Housing costs here run $785,900 for a typical home value (52% above the state average), with rent averaging - a month; 94.9% of homes are owner-occupied.

A solid share of residents have a four-year degree: 48.5% of adults hold a bachelor's degree or higher, the median age is 45.5, and the average commute is -. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 08720, plus 6 more within Monmouth County, give a clearer read than the national average 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 08720

Top 5 sectors by establishment count in Allenwood, NJ

Which industries have the most business establishments in ZIP 08720.

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 08720, Allenwood, 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

843

Population

3.6

Area (sq mi)

233

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 08720?

45.5

Median Age

43.4%

Male

56.6%

Female

2.0%

Foreign-Born

White 89.1%
African American 4.1%
Asian 2.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.8%
Hispanic or Latino 0.0%

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?

$224,671

Median Household Income

+84% vs state

$76,416

Per Capita Income

5.3%

Poverty Rate

0.0%

Unemployment Rate

How ZIP 08720 ranks nationally

Allenwood, NJ household income vs. every US ZIP code

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

$224,671 Top 1% higher than 99% 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%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). Below this entry. $160,000–$180,000: 364 US ZIPs (1%). Below this entry. $180,000–$200,000: 186 US ZIPs (1%). Below this entry. $200,000–$220,000: 324 US ZIPs (1%). This entry sits in this band. 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 77.1%
Bachelor's Degree or Higher 48.5%

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

What does housing look like?

244

Total Housing Units

216

Occupied Units

28

Vacant Units

2.86

Avg Household Size

Occupancy Type

Owner 94.9%
Renter 5.1%

$785,900

Median Home Value

+52% vs state

1960

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 39 business establishments in ZIP 08720, employing approximately 303 people with a combined annual payroll of $18,453,000.

39

Businesses

303

Employees

$18.5M

Annual Payroll

5

Industry Sectors

Industry Establishments % of Total
Other services (except public administration) 8 20.5%
Retail trade 7 17.9%
Construction 5 12.8%
Professional, scientific, and technical services 5 12.8%
Administrative and support and waste management and remediation services 4 10.3%

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 08720 vs 08736 →

ZIP 08720 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 08720 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 08720 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 08720 ranks the highest 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
08736 Manasquan, NJ 12,578 2.2 mi
07719 Belmar, NJ 21,538 2.6 mi
08750 Sea Girt, NJ 3,528 3.0 mi
08724 Brick, NJ 42,352 3.5 mi
08730 Brielle, NJ 4,774 3.1 mi
07762 Spring Lake, NJ 8,403 3.6 mi
08742 Point Pleasant Beach, NJ 24,405 4.5 mi
07753 Neptune, NJ 37,554 5.4 mi
08723 Brick, NJ 31,641 6.9 mi
07731 Howell, NJ 38,304 5.3 mi

More ZIP Codes in Monmouth County

Frequently Asked Questions

What county is ZIP code 08720 in?
ZIP code 08720 (Allenwood) 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 08720?
ZIP code 08720 in Allenwood, NJ has a population of 843 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 08720?
The median household income in ZIP 08720 is $224,671, which is 195% above the national average of $76,288.
What is the average home value in ZIP 08720?
The median home value in ZIP 08720 is $785,900, which is 183% above the national average of $278,155.
What is the demographic makeup of ZIP 08720?
The largest racial group in ZIP 08720 is White at 89.1%.
How many businesses are in ZIP code 08720?
ZIP code 08720 has 39 business establishments employing approximately 303 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 08720?
The top industries by establishment count in ZIP 08720 are: Other services (except public administration) (8), Retail trade (7), Construction (5). There are 5 industry sectors represented in total.
What is the education level in ZIP code 08720?
In ZIP code 08720, 77.1% of residents aged 25+ have a high school diploma or higher, and 48.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 08720?
In ZIP code 08720, approximately 94.9% of occupied housing units are owner-occupied and 5.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 08720?
The poverty rate in ZIP code 08720 is 5.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.