08242 ZIP Code – Rio Grande, New Jersey

08242 is a small ZIP code in Rio Grande, New Jersey, part of Cape May County with a population of approximately 3,726 residents. At $88,853, the median household income here runs below the New Jersey average and above the U.S. average. The median home value of $314,700 is above the national average, with 77.6% owner-occupied housing (increasing). , and the median rent of $1,704 is well above the national average. Housing consists of 82% single-family (decreasing), 5% apartments (decreasing).

The unemployment rate is 10.3%, well above the national average. The poverty rate is 8.8%, below the national average. 30.5% of adults hold a bachelor's degree or higher, near the U.S. average. The median age is 51.4, above the national median. Neighboring ZIP codes include 08251, 08260, 08204.

ZIP Code 08242 Data

Population 3,726
Median Household Income $88,853
Median Home Value $314,700
Median Rent $1,704
Median Age 51.4
Unemployment Rate 10.3%
Poverty Rate 8.8%
Bachelor's Degree or Higher 30.5%
State New Jersey

ZIP 08242 vs. New Jersey vs. U.S.

MetricZIP 08242NJ Avg.U.S. Avg.
Population3,72615k10k
Median Household Income$88k$113k$73k
Median Home Value$314k$459k$258k
Median Rent$1,704$1,724$1,088
Median Age51.443.143.2
Unemployment Rate10.3%5.8%5.0%
Poverty Rate8.8%8.1%13.3%
Bachelor's Degree or Higher30.5%44.1%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
08251 VILLAS 10,308 $76,018
08260 WILDWOOD 12,680 $63,460
08204 CAPE MAY 17,392 $76,624
08247 STONE HARBOR 977 $136,250
08212 CAPE MAY POINT 155 $82,679