PlainZIP

Ocean Gate, NJ · standard

ZIP Code 08740

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

2,010
1,754/sq mi
$69,397
Median income
$358,000
Median home value
33.5%
Bachelor's or higher

The verdict

Ocean Gate pairs a below-median household income with upper-quartile home values, in a low-density, homeowner-dominated area.

46th pct
household income, US ZIPs
Top 25%
home value, US ZIPs
1,754
people per sq mi
83%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 08740 against every reporting US ZIP.

ZIP code 08740 covers 1.1 square miles in Ocean Gate, Ocean County, New Jersey (a standard USPS delivery area), with a modest 2,010 residents on file, a density of 1,754 people per square mile, in the New York time zone.

ZIP 08740 reports a modest median household income of $69,397 (43% below the New Jersey average), while per-capita income is $46,887. Poverty here runs at 6.0%, with unemployment measured at 3.9%. The typical home here is valued at $358,000 (31% below the state average); renters pay a median of $1,604 monthly, and 82.5% of units are owner-occupied.

A solid share of residents have a four-year degree: 33.5% of adults hold a bachelor's degree or higher, the median age is 51.8, and the average commute is -. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Ocean County, letting you compare 08740 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 →

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 08740, Ocean Gate, 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

2,010

Population

1.1

Area (sq mi)

1,754

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 08740?

51.8

Median Age

48.8%

Male

51.2%

Female

5.4%

Foreign-Born

White 89.0%
African American 1.3%
Asian 2.5%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.2%
Hispanic or Latino 0.5%

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?

$69,397

Median Household Income

-43% vs state

$46,887

Per Capita Income

6.0%

Poverty Rate

3.9%

Unemployment Rate

How ZIP 08740 ranks nationally

Ocean Gate, NJ household income vs. every US ZIP code

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

$69,397 46th percentile higher than 46% 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 70.6%
Bachelor's Degree or Higher 33.5%

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

What does housing look like?

1,185

Total Housing Units

710

Occupied Units

475

Vacant Units

2.25

Avg Household Size

Occupancy Type

Owner 82.5%
Renter 17.5%

$358,000

Median Home Value

-31% vs state

$1,604

Median Rent

1956

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

+4.0%

YoY Change (2024)

332

HPI Index (2000 = 100)

+232%

Total Change Since 2000

Home values in ZIP 08740 have increased 4.0% over the past year (2024). Since 2000, this ZIP has seen +232% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.4% 213
2021 +18.3% 252
2022 +21.6% 306
2023 +4.3% 320
2024 +4.0% 332

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 17 business establishments in ZIP 08740, employing approximately 147 people with a combined annual payroll of $3,829,000.

17

Businesses

147

Employees

$3.8M

Annual Payroll

2

Industry Sectors

Industry Establishments % of Total
Construction 4 23.5%
Accommodation and food services 3 17.6%

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 08740 vs 08732 →

ZIP 08740 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 08740 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 08740 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 08740 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
08732 Island Heights, NJ 1,484 1.1 mi
08741 Pine Beach, NJ 2,488 1.9 mi
08721 Bayville, NJ 20,512 2.0 mi
08722 Beachwood, NJ 11,045 3.6 mi
08751 Seaside Heights, NJ 4,212 3.0 mi
08753 Toms River, NJ 63,678 3.7 mi
08734 Lanoka Harbor, NJ 7,651 4.8 mi
08735 Lavallette, NJ 3,114 4.9 mi
08752 Seaside Park, NJ 2,074 5.9 mi
08723 Brick, NJ 31,641 7.7 mi

More ZIP Codes in Ocean County

08701 standard
Lakewood, NJ
Pop: 92,843
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

Related Areas

Ocean County Ocean Gate, NJ New Jersey

Frequently Asked Questions

What county is ZIP code 08740 in? ▼
ZIP code 08740 (Ocean Gate) 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 08740? ▼
ZIP code 08740 in Ocean Gate, NJ has a population of 2,010 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 08740? ▼
The median household income in ZIP 08740 is $69,397, which is 9% below the national average of $76,288.
What is the average home value in ZIP 08740? ▼
The median home value in ZIP 08740 is $358,000, which is 29% above the national average of $278,155.
What is the demographic makeup of ZIP 08740? ▼
The largest racial group in ZIP 08740 is White at 89.0%. Hispanic or Latino residents make up 0.5% of the population.
How many businesses are in ZIP code 08740? ▼
ZIP code 08740 has 17 business establishments employing approximately 147 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
How have home values changed in ZIP code 08740? ▼
According to the FHFA House Price Index, home values in ZIP 08740 increased by 4.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 232%. 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 08740? ▼
In ZIP code 08740, 70.6% of residents aged 25+ have a high school diploma or higher, and 33.5% 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 08740? ▼
In ZIP code 08740, approximately 82.5% of occupied housing units are owner-occupied and 17.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 08740? ▼
The poverty rate in ZIP code 08740 is 6.0% 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.