Franklin Park, NJ · standard
ZIP Code 08823
Somerset County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 9,016
- 995/sq mi High-density area
- $115,597
- Median income Above-median income area
- $298,800
- Median home value Above-median home value
- 59.1%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Franklin Park pairs an upper-quartile household income with above-median home values, in a low-density, homeowner-dominated area.
- Top 11%
- household income, US ZIPs
- Top 34%
- home value, US ZIPs
- 995
- people per sq mi
- 72%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 08823 against every reporting US ZIP.
ZIP code 08823 is a mid-sized community (a standard USPS delivery area) in Franklin Park, Somerset County, New Jersey, home to 9,016 residents across 9.1 square miles, a density of 995 people per square mile, in the New York time zone.
ZIP 08823 skews affluent, with a median household income of $115,597 (5% below the average New Jersey ZIP), while per-capita income is $55,160. The poverty rate is 9.0%, with unemployment at 6.4%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $298,800 (42% below the average New Jersey ZIP), and median rent is $2,320; owner occupancy is 71.7%.
This is a highly-educated ZIP: 59.1% of adults hold a bachelor's degree or higher, the median age is 39.1, and the average commute is 33 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Somerset County, so 08823 can be compared with both its immediate and county-level context.
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 08823
Top 5 sectors by establishment count in Franklin Park, NJ
Which industries have the most business establishments in ZIP 08823.
- Professional, scientific, and technical services
Professional, scientific, and technical services
30 establishments
- Accommodation and food services
Accommodation and food services
23 establishments
- Other services (except public administration)
Other services (except public administration)
16 establishments
- Retail trade
Retail trade
15 establishments
- Health care and social assistance
Health care and social assistance
13 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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 08823, Franklin Park, 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
9,016
Population
9.1
Area (sq mi)
995
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 08823?
39.1
Median Age
46.2%
Male
53.8%
Female
41.8%
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?
$115,597
Median Household Income
-5% vs state ZIP avg
$55,160
Per Capita Income
9.0%
Poverty Rate
6.4%
Unemployment Rate
32.8 min
Mean Commute Time
How ZIP 08823 ranks among New Jersey ZIPs
Franklin Park, NJ household income vs. every New Jersey ZIP code
Median household income among 565 reporting New Jersey ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$115,597 Top 46% higher than 54% of 565 New Jersey ZIPs
Each bar is a $20K-wide band; taller bars hold more New Jersey 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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
3,437housing units
3,437
Total Housing Units
3,437
Occupied Units
0
Vacant Units
2.56
Avg Household Size
Occupancy Type
$298,800
Median Home Value
-42% vs state ZIP avg
$2,320
Median Rent
1992
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
+13.9%
YoY Change (2024)
249
HPI Index (2000 = 100)
+149%
Total Change Since 2000
Home values in ZIP 08823 have increased 13.9% over the past year (2024). Since 2000, this ZIP has seen +149% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | +2.7% | 157 |
| 2020 | +4.3% | 163 |
| 2021 | +8.7% | 178 |
| 2022 | +13.9% | 202 |
| 2024 | – | 249 |
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 145 business establishments in ZIP 08823, employing approximately 993 people with a combined annual payroll of $40,538,000.
145
Businesses
993
Employees
$40.5M
Annual Payroll
13
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 30 | 20.7% |
| Accommodation and food services | 23 | 15.9% |
| Other services (except public administration) | 16 | 11.0% |
| Retail trade | 15 | 10.3% |
| Health care and social assistance | 13 | 9.0% |
| Construction | 7 | 4.8% |
| Finance and insurance | 7 | 4.8% |
| Administrative and support and waste management and remediation services | 7 | 4.8% |
| Educational services | 7 | 4.8% |
| Information | 6 | 4.1% |
| Transportation and warehousing | 5 | 3.5% |
| Wholesale trade | 4 | 2.8% |
| Real estate and rental and leasing | 3 | 2.1% |
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 08823 vs 08824 →
ZIP 08823 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 08873
Somerset (08873)
49,921 residents
- 08902
North Brunswick (08902)
41,153 residents
- 08536
Plainsboro (08536)
20,073 residents
- 08852 17,220
Monmouth Junction (08852)
17,220 residents
- 08824 12,115
Kendall Park (08824)
12,115 residents
- 08502 11,317
Belle Mead (08502)
11,317 residents
- 08835 10,344
Manville (08835)
10,344 residents
- 08823 9,016
Franklin Park (08823)
9,016 residents
- 08553 682
Rocky Hill (08553)
682 residents
What this shows Among its immediate neighbors, ZIP 08823 ranks #8 by population - useful context the national average alone can't give.
ZIP 08823 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 08502
Belle Mead (08502)
$227,242 median income
- 08824
Kendall Park (08824)
$174,776 median income
- 08553
Rocky Hill (08553)
$148,056 median income
- 08536
Plainsboro (08536)
$137,607 median income
- 08852
Monmouth Junction (08852)
$133,209 median income
- 08873
Somerset (08873)
$124,972 median income
- 08902
North Brunswick (08902)
$121,071 median income
- 08823
Franklin Park (08823)
$115,597 median income
- 08835
Manville (08835)
$93,333 median income
What this shows By household income, ZIP 08823 ranks #8 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 08824 | Kendall Park, NJ | 12,115 | 1.5 mi |
| 08852 | Monmouth Junction, NJ | 17,220 | 3.8 mi |
| 08902 | North Brunswick, NJ | 41,153 | 4.1 mi |
| 08873 | Somerset, NJ | 49,921 | 4.3 mi |
| 08502 | Belle Mead, NJ | 11,317 | 4.8 mi |
| 08890 | Zarephath, NJ | 17 | 6.8 mi |
| 08528 | Kingston, NJ | 315 | 4.7 mi |
| 08553 | Rocky Hill, NJ | 682 | 4.9 mi |
| 08536 | Plainsboro, NJ | 20,073 | 7.5 mi |
| 08835 | Manville, NJ | 10,344 | 7.1 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 08823, both outside NJ so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (9,016 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Somerset County
Related Areas
Frequently Asked Questions
What county is ZIP code 08823 in?
ZIP code 08823 (Franklin Park) is located in Somerset County, New Jersey. Somerset County contains multiple ZIP codes, see the full list at /counties/somerset-nj.
What is the population of ZIP code 08823?
ZIP code 08823 in Franklin Park, NJ has a population of 9,016 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 08823?
The median household income in ZIP 08823 is $115,597, which is 52% above the national average of $76,288.
What is the average home value in ZIP 08823?
The median home value in ZIP 08823 is $298,800, which is 7% above the national average of $278,155.
What is the demographic makeup of ZIP 08823?
The largest racial group in ZIP 08823 is Asian at 44.9%. Hispanic or Latino residents make up 16.8% of the population.
How many businesses are in ZIP code 08823?
ZIP code 08823 has 145 business establishments employing approximately 993 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 08823?
The top industries by establishment count in ZIP 08823 are: Professional, scientific, and technical services (30), Accommodation and food services (23), Other services (except public administration) (16). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 08823?
According to the FHFA House Price Index, home values in ZIP 08823 increased by 13.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 149%. 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 08823?
In ZIP code 08823, 70.6% of residents aged 25+ have a high school diploma or higher, and 59.1% 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 08823?
The mean commute time for workers in ZIP code 08823 is 32.8 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 08823?
In ZIP code 08823, approximately 71.7% of occupied housing units are owner-occupied and 28.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 08823?
The poverty rate in ZIP code 08823 is 9.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 08823's numbers, next.
- See how ZIP 08823 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Franklin Park, NJ ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.