08848 ZIP Code – Milford, New Jersey

08848 is a mid-sized ZIP code in Milford, New Jersey, part of Hunterdon County with a population of approximately 8,295 residents. The median household income of $126,705 is near the New Jersey average and well above the national average. At $375,600, median home values run above the national average, with 91.4% owner-occupied housing (decreasing). ; median rent of $1,581 is similarly above the national average. Housing consists of 93% single-family (decreasing).

The unemployment rate is 7.8%, well above the national average. About 4.6% of residents live below the poverty line, well below the national rate. An estimated 47.0% of adults hold a bachelor's degree or higher, well above the national average. The population has a median age of 42.0, near the national median. Neighboring ZIP codes include 08804, 18972, 18921.

ZIP Code 08848 Data

Population 8,295
Median Household Income $126,705
Median Home Value $375,600
Median Rent $1,581
Median Age 42.0
Unemployment Rate 7.8%
Poverty Rate 4.6%
Bachelor's Degree or Higher 47.0%
State New Jersey

ZIP 08848 vs. New Jersey vs. U.S.

MetricZIP 08848NJ Avg.U.S. Avg.
Population8,29515k10k
Median Household Income$126k$113k$73k
Median Home Value$375k$459k$258k
Median Rent$1,581$1,724$1,088
Median Age42.043.143.2
Unemployment Rate7.8%5.8%5.0%
Poverty Rate4.6%8.1%13.3%
Bachelor's Degree or Higher47.0%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
08804 BLOOMSBURY 3,116 $97,167
18972 UPPER BLACK EDDY 3,114 $83,385
18921 FERNDALE 132 $228,466
08825 FRENCHTOWN 4,556 $102,336
08867 PITTSTOWN 5,819 $188,429