08540 ZIP Code – Princeton, New Jersey

Located in Princeton, New Jersey, ZIP code 08540 is a large ZIP code within Mercer County with a population of approximately 48,513 residents. At $161,018, the median household income here runs above the New Jersey average and well above the U.S. average. At $708,700, median home values run well above the national average, with 63.7% owner-occupied housing (decreasing). ; median rent of $2,060 is similarly well above the national average. Housing consists of 69% single-family (decreasing), 26% apartments (increasing).

The unemployment rate is 4.0%, below the national average. About 8.1% of residents live below the poverty line, below the national rate. About 82.4% of residents have completed a four-year degree, well above the national rate. The population has a median age of 40.1, near the national median. ZIP codes in the surrounding area include 08542, 08544, 08553.

ZIP Code 08540 Data

Population 48,513
Median Household Income $161,018
Median Home Value $708,700
Median Rent $2,060
Median Age 40.1
Unemployment Rate 4.0%
Poverty Rate 8.1%
Bachelor's Degree or Higher 82.4%
County Mercer County
State New Jersey

ZIP 08540 vs. New Jersey vs. U.S.

MetricZIP 08540NJ Avg.U.S. Avg.
Population48k15k10k
Median Household Income$161k$113k$73k
Median Home Value$708k$459k$258k
Median Rent$2,060$1,724$1,088
Median Age40.143.143.2
Unemployment Rate4.0%5.8%5.0%
Poverty Rate8.1%8.1%13.3%
Bachelor's Degree or Higher82.4%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
08542 PRINCETON 2,595 $157,336
08544 PRINCETON 4,504 Not provided
08553 ROCKY HILL 794 $126,250
08528 KINGSTON 163 Not provided
08558 SKILLMAN 7,515 $233,865