08720 ZIP Code – Allenwood, New Jersey
08720 is a small ZIP code in Allenwood, New Jersey, part of Monmouth County with a population of approximately 644 residents. The median household income of $138,636 is above the New Jersey average and well above the national average. The median home value of $632,800 is well above the national average, with 94.9% owner-occupied housing (increasing). Housing consists of 100% single-family (stable).
The area reports an unemployment rate of 2.3%, well below the national average. The poverty rate is 5.7%, well below the national average. Bachelor's degree attainment is 43.3%, well above the national average. Residents have a median age of 48.4, near the U.S. median. ZIP codes in the surrounding area include 07719, 08736, 08724.
ZIP Code 08720 Data
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ZIP 08720 vs. New Jersey vs. U.S.
| Metric | ZIP 08720 | NJ Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 644 | 15k | 10k |
| Median Household Income | $138k | $113k | $73k |
| Median Home Value | $632k | $459k | $258k |
| Median Rent | — | $1,724 | $1,088 |
| Median Age | 48.4 | 43.1 | 43.2 |
| Unemployment Rate | 2.3% | 5.8% | 5.0% |
| Poverty Rate | 5.7% | 8.1% | 13.3% |
| Bachelor's Degree or Higher | 43.3% | 44.1% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 07719 – Belmar
- 08736 – Manasquan
- 08724 – Brick
- 08730 – Brielle
- 08750 – Sea Girt
- 07762 – Spring Lake
- 07731 – Howell
- 07727 – Farmingdale
- 08742 – Point Pleasant Beach
- 07753 – Neptune
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 07719 | BELMAR | 21,994 | $116,116 |
| 08736 | MANASQUAN | 13,234 | $159,533 |
| 08724 | BRICK | 40,560 | $87,644 |
| 08730 | BRIELLE | 4,957 | $160,845 |
| 08750 | SEA GIRT | 3,612 | $154,130 |