PlainZIP

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
$115,597
Median income
$298,800
Median home value
59.1%
Bachelor's or higher

The verdict

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 New Jersey average), while per-capita income is $55,160. The poverty rate stands at 9.0% and the unemployment rate at 6.4%. The typical home here is valued at $298,800 (42% below the state average); renters pay a median of $2,320 monthly, and 71.7% of units are owner-occupied.

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. To put 08823 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Somerset 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 08823

Top 5 sectors by establishment count in Franklin Park, NJ

Which industries have the most business establishments in ZIP 08823.

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 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

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 08823?

39.1

Median Age

46.2%

Male

53.8%

Female

41.8%

Foreign-Born

White 19.1%
African American 12.9%
Asian 44.9%
American Indian or Alaska Native 0.7%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 11.8%
Hispanic or Latino 16.8%

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

$55,160

Per Capita Income

9.0%

Poverty Rate

6.4%

Unemployment Rate

32.8 min

Mean Commute Time

How ZIP 08823 ranks nationally

Franklin Park, NJ household income vs. every US ZIP code

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

$115,597 Top 11% higher than 89% 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%). This entry sits in this band. $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 59.1%

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

What does housing look like?

3,437

Total Housing Units

3,437

Occupied Units

0

Vacant Units

2.56

Avg Household Size

Occupancy Type

Owner 71.7%
Renter 28.3%

$298,800

Median Home Value

-42% vs state

$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.

residents

What this shows Among its immediate neighbors, ZIP 08823 ranks #8 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 08823 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 08823 ranks #8 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
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

More ZIP Codes in Somerset County

08873 standard
Somerset, NJ
Pop: 49,921
08844 standard
Hillsborough, NJ
Pop: 38,367
08807 standard
Bridgewater, NJ
Pop: 37,972
07920 standard
Basking Ridge, NJ
Pop: 26,747
08876 standard
Somerville, NJ
Pop: 22,179
07059 standard
Warren, NJ
Pop: 15,311

Related Areas

Somerset County Franklin Park, NJ New Jersey

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.

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