PlainZIP

Milford, NJ · standard

ZIP Code 08848

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

8,435
98/sq mi
$138,614
Median income
$440,200
Median home value
44.7%
Bachelor's or higher

The verdict

Milford pairs a top-decile household income with upper-quartile home values, in a rural, homeowner-dominated area.

Top 5%
household income, US ZIPs
Top 17%
home value, US ZIPs
98
people per sq mi
91%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 08848 against every reporting US ZIP.

ZIP code 08848 is a mid-sized community (a standard USPS delivery area) in Milford, Hunterdon County, New Jersey, home to 8,435 residents across 86.4 square miles, a density of 98 people per square mile, in the New York time zone.

ZIP 08848 skews affluent, with a median household income of $138,614 (14% above the New Jersey average), while per-capita income is $54,529. Local economic indicators show a 4.9% poverty rate alongside 8.0% unemployment. The typical home here is valued at $440,200 (15% below the state average); renters pay a median of $1,484 monthly, and 91.4% of units are owner-occupied.

A solid share of residents have a four-year degree: 44.7% of adults hold a bachelor's degree or higher, the median age is 42, and the average commute is 35 minutes. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Hunterdon County, letting you compare 08848 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 →

Top industries in ZIP 08848

Top 5 sectors by establishment count in Milford, NJ

Which industries have the most business establishments in ZIP 08848.

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 08848, Milford, 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

8,435

Population

86.4

Area (sq mi)

98

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 08848?

42.0

Median Age

47.1%

Male

52.9%

Female

4.2%

Foreign-Born

White 90.8%
African American 1.1%
Asian 0.2%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 2.7%
Hispanic or Latino 6.2%

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?

$138,614

Median Household Income

+14% vs state

$54,529

Per Capita Income

4.9%

Poverty Rate

8.0%

Unemployment Rate

35.3 min

Mean Commute Time

How ZIP 08848 ranks nationally

Milford, NJ household income vs. every US ZIP code

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

$138,614 Top 5% higher than 95% 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%). This entry sits in this band. $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 68.7%
Bachelor's Degree or Higher 44.7%

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

What does housing look like?

2,969

Total Housing Units

2,909

Occupied Units

60

Vacant Units

2.79

Avg Household Size

Occupancy Type

Owner 91.4%
Renter 8.6%

$440,200

Median Home Value

-15% vs state

$1,484

Median Rent

1973

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

+7.3%

YoY Change (2024)

204

HPI Index (2000 = 100)

+104%

Total Change Since 2000

Home values in ZIP 08848 have increased 7.3% over the past year (2024). Since 2000, this ZIP has seen +104% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.8% 133
2021 +11.3% 149
2022 +6.8% 159
2023 +19.6% 190
2024 +7.3% 204

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 144 business establishments in ZIP 08848, employing approximately 816 people with a combined annual payroll of $45,506,000.

144

Businesses

816

Employees

$45.5M

Annual Payroll

13

Industry Sectors

Industry Establishments % of Total
Other services (except public administration) 25 17.4%
Construction 24 16.7%
Retail trade 14 9.7%
Professional, scientific, and technical services 14 9.7%
Accommodation and food services 14 9.7%
Wholesale trade 9 6.3%
Administrative and support and waste management and remediation services 9 6.3%
Health care and social assistance 8 5.6%
Information 6 4.2%
Manufacturing 5 3.5%
Finance and insurance 4 2.8%
Real estate and rental and leasing 4 2.8%
Arts, entertainment, and recreation 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 08848 vs 08804 →

ZIP 08848 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 08848 ranks #2 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 08848 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 08848 ranks #4 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
08804 Bloomsbury, NJ 2,771 3.5 mi
18972 Upper Black Eddy, PA 3,512 4.4 mi
08886 Stewartsville, NJ 7,077 6.8 mi
18920 Erwinna, PA 361 6.8 mi
08867 Pittstown, NJ 5,042 7.0 mi
08825 Frenchtown, NJ 4,707 6.8 mi
08802 Asbury, NJ 4,067 6.8 mi
08865 Phillipsburg, NJ 29,840 8.3 mi
18077 Riegelsville, PA 2,370 8.0 mi
08808 Broadway, NJ 86 9.8 mi

More ZIP Codes in Hunterdon County

08822 standard
Flemington, NJ
Pop: 30,354
08889 standard
Whitehouse Station, NJ
Pop: 10,063
08833 standard
Lebanon, NJ
Pop: 8,796
08801 standard
Annandale, NJ
Pop: 8,551
08530 standard
Lambertville, NJ
Pop: 8,071
07830 standard
Califon, NJ
Pop: 6,503

Related Areas

Hunterdon County Milford, NJ New Jersey

Frequently Asked Questions

What county is ZIP code 08848 in? ▼
ZIP code 08848 (Milford) is located in Hunterdon County, New Jersey. Hunterdon County contains multiple ZIP codes, see the full list at /counties/hunterdon-nj.
What is the population of ZIP code 08848? ▼
ZIP code 08848 in Milford, NJ has a population of 8,435 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 08848? ▼
The median household income in ZIP 08848 is $138,614, which is 82% above the national average of $76,288.
What is the average home value in ZIP 08848? ▼
The median home value in ZIP 08848 is $440,200, which is 58% above the national average of $278,155.
What is the demographic makeup of ZIP 08848? ▼
The largest racial group in ZIP 08848 is White at 90.8%. Hispanic or Latino residents make up 6.2% of the population.
How many businesses are in ZIP code 08848? ▼
ZIP code 08848 has 144 business establishments employing approximately 816 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 08848? ▼
The top industries by establishment count in ZIP 08848 are: Other services (except public administration) (25), Construction (24), Retail trade (14). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 08848? ▼
According to the FHFA House Price Index, home values in ZIP 08848 increased by 7.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 104%. 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 08848? ▼
In ZIP code 08848, 68.7% of residents aged 25+ have a high school diploma or higher, and 44.7% 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 08848? ▼
The mean commute time for workers in ZIP code 08848 is 35.3 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 08848? ▼
In ZIP code 08848, approximately 91.4% of occupied housing units are owner-occupied and 8.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 08848? ▼
The poverty rate in ZIP code 08848 is 4.9% 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.