Zip code 08720: Allenwood, New Jersey
Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.
About 08720
08720 is a small-town zip code in Allenwood, New Jersey (Monmouth County), covering 2.6 sq mi of land. About 735 people live here, or 279 per square mile. The median resident is 45.5 years old, compared with 38.9 nationally.
The median household earns $224,671 a year, about 2.8× the national median of $80,734. 5.3% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $785,900, or 3.5 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 95% of occupied homes are lived in by their owners.
49% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 20 minutes each way, and 2% of workers work from home. The most common jobs among working residents are in construction and repair; sales; and office and administrative support.
How 08720 compares
- Median household income$224,67199thStrengthU.S. $80,734 · NJ $103,55629th of 566 in NJ
- Homeownership rate94.9%99thStrengthU.S. 65.2% · NJ 63.8%49th of 576 in NJ
- Broadband access100%99thStrengthU.S. 91% · NJ 92.8%16th of 576 in NJ
- 99thWeaknessU.S. 51.1% · NJ 51.6%5th of 553 in NJ
- Per capita income$76,41694thStrengthU.S. $44,673 · NJ $54,253110th of 579 in NJ
- Median earnings per worker$77,91792ndStrengthU.S. $49,666 · NJ $60,474166th of 575 in NJ
- Median home value$785,90090thU.S. $332,700 · NJ $454,40077th of 563 in NJ
- Median age45.587thU.S. 38.9 · NJ 40.1164th of 579 in NJ
- Government workers19.7%83rdU.S. 14.5% · NJ 14.3%95th of 578 in NJ
- 77thU.S. 35.7% · NJ 43.6%246th of 580 in NJ
- Housing vacancy11.5%77thU.S. 10.1% · NJ 7.5%65th of 576 in NJ
- 74thU.S. 17.2% · NJ 17.2%198th of 580 in NJ
- 58thU.S. 0.483 · NJ 0.478190th of 574 in NJ
- Population density279/sq mi25thU.S. 95/sq mi · NJ 1,270/sq mi499th of 580 in NJ
- 23rdU.S. 9.7% · NJ 9.2%379th of 578 in NJ
- Veterans3.3%18thU.S. 6.2% · NJ 3.7%340th of 580 in NJ
- Residents under 1817.6%17thU.S. 22% · NJ 21.8%438th of 580 in NJ
- Poverty rate5.3%14thStrengthU.S. 12.5% · NJ 9.7%326th of 579 in NJ
- Average commute20 min13thStrengthU.S. 26.4 min · NJ 30.5 min550th of 563 in NJ
- Diversity index20.113thU.S. 61.4 · NJ 66.4527th of 580 in NJ
- 12thU.S. 14.1% · NJ 23.9%552nd of 580 in NJ
- 9thU.S. 10% · NJ 8.9%464th of 578 in NJ
- Uninsured rate1.8%4thStrengthU.S. 8.4% · NJ 7.5%473rd of 579 in NJ
- Population7351stU.S. 334,922,499 · NJ 9,343,809542nd of 580 in NJ
- Work from home1.8%1stU.S. 15.1% · NJ 16.8%560th of 577 in NJ
- 1stStrengthU.S. 5.2% · NJ 6.3%568th of 578 in NJ
- 1stU.S. 3.8% · NJ 4.8%566th of 578 in NJ
| Measure | 08720 | Monmouth | NJ | U.S. | National percentile | Rank in NJ |
|---|---|---|---|---|---|---|
| Median household incomeStrength | $224,671 | $124,845 | $103,556 | $80,734 | 29th of 566 | |
| Homeownership rateStrength | 94.9% | 75.6% | 63.8% | 65.2% | 49th of 576 | |
| Broadband accessStrength | 100% | 93.7% | 92.8% | 91% | 16th of 576 | |
| Rent-burdened rentersWeakness | 100% | 52.7% | 51.6% | 51.1% | 5th of 553 | |
| Per capita incomeStrength | $76,416 | $66,696 | $54,253 | $44,673 | 110th of 579 | |
| Median earnings per workerStrength | $77,917 | $70,781 | $60,474 | $49,666 | 166th of 575 | |
| Median home value | $785,900 | $606,100 | $454,400 | $332,700 | 77th of 563 | |
| Median age | 45.5 | 43.2 | 40.1 | 38.9 | 164th of 579 | |
| Government workers | 19.7% | 14.5% | 14.3% | 14.5% | 95th of 578 | |
| Bachelor's degree or higher | 48.5% | 51.3% | 43.6% | 35.7% | 246th of 580 | |
| Housing vacancy | 11.5% | 6.9% | 7.5% | 10.1% | 65th of 576 | |
| Residents 65 and older | 20.1% | 19.1% | 17.2% | 17.2% | 198th of 580 | |
| Income inequality (Gini) | 0.445 | 0.472 | 0.478 | 0.483 | 190th of 574 | |
| Population density | 279/sq mi | 1,378/sq mi | 1,270/sq mi | 95/sq mi | 499th of 580 | |
| Healthcare workers | 7.7% | 9.6% | 9.2% | 9.7% | 379th of 578 | |
| Veterans | 3.3% | 4% | 3.7% | 6.2% | 340th of 580 | |
| Residents under 18 | 17.6% | 20.9% | 21.8% | 22% | 438th of 580 | |
| Poverty rateStrength | 5.3% | 6.5% | 9.7% | 12.5% | 326th of 579 | |
| Average commuteStrength | 20 min | 32.1 min | 30.5 min | 26.4 min | 550th of 563 | |
| Diversity index | 20.1 | 46.5 | 66.4 | 61.4 | 527th of 580 | |
| Foreign-born residents | 2% | 13.6% | 23.9% | 14.1% | 552nd of 580 | |
| Self-employed workers | 5.9% | 10.1% | 8.9% | 10% | 464th of 578 | |
| Uninsured rateStrength | 1.8% | 5.3% | 7.5% | 8.4% | 473rd of 579 | |
| Population | 735 | 645,353 | 9,343,809 | 334,922,499 | 542nd of 580 | |
| Work from home | 1.8% | 18.9% | 16.8% | 15.1% | 560th of 577 | |
| Unemployment rateStrength | 0% | 5.4% | 6.3% | 5.2% | 568th of 578 | |
| Tech workers | 0% | 4.2% | 4.8% | 3.8% | 566th of 578 |
The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.
People
Age
Race and ethnicity
- White89%
- Black4%
- Hispanic0%
- Asian2%
- Native American0%
- Pacific Islander0%
- Other0%
- Multiracial5%
Language spoken at home (households)
Households
- Households
- 216
- Average household size
- 2.9
- Family households
- 80.1%
- Married couples
- 69.9%
- Living alone
- 19.9%
- Veterans (of adults)
- 3.3%
- Male / female
- 43% / 57%
Income and poverty
Household income distribution
Median household income
Housing
Median home value
Median gross rent
Types of housing
- Housing units
- 244
- Owner-occupied
- 94.9%
- Vacant
- 11.5%
- Median year built
- 1960
- Median rooms
- 7.2
- Renters paying 30%+ of income
- 100%
- Renters paying 50%+ of income
- 0%
- Home value to income
- 3.5× (U.S. 4.1×)
Work and commute
How people get to work
Commute time (one way)
Jobs and careers
Occupations
Industries
Median earnings by type of work
| Type of work | 08720 | U.S. |
|---|---|---|
| Management, business, science and arts | $125,750 | $74,888 |
| Service | — | $26,804 |
| Sales and office | $73,030 | $40,476 |
| Construction and maintenance | $61,929 | $49,199 |
| Production and transportation | — | $39,989 |
Education, internet and health coverage
Highest education (adults 25+)
- High school graduate or higher
- 95%
- Bachelor's degree or higher
- 48.5%
- Graduate or professional degree
- 19.1%
- Households with broadband
- 100%
- Cable, fiber or DSL
- 100%
- No internet access
- 0%
- Without health insurance
- 1.8%
- Limited-English households
- 0%
Geography
- City (USPS)
- Allenwood
- State
- New Jersey
- County
- Monmouth County
- Center point
- 40.1450° N, 74.1255° W
- Land area
- 2.6 sq mi
- Water area
- under 0.1 sq mi
- Time zone
- Eastern Time (UTC-5, UTC-4 in summer)
- Zip type
- Residential delivery area
Cities and towns within this zip
- Allenwood (unincorporated)50% of zip
Census places overlapping the zip's area. Mail may use a different city name than the municipality.
Zip codes near 08720
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 07719 | Belmar, NJ | 3.2 mi | $119,828 |
| 08724 | Brick, NJ | 3.8 mi | $103,127 |
| 07731 | Howell, NJ | 4.2 mi | $134,056 |
| 08730 | Brielle, NJ | 4.2 mi | $172,250 |
| 08736 | Manasquan, NJ | 4.2 mi | $174,097 |
| 07727 | Farmingdale, NJ | 4.5 mi | $129,931 |
| 08750 | Sea Girt, NJ | 4.5 mi | $134,167 |
| 07762 | Spring Lake, NJ | 4.9 mi | $116,295 |
| 07753 | Neptune, NJ | 5.3 mi | $95,712 |
| 08742 | Point Pleasant Beach, NJ | 5.7 mi | $123,152 |
| 07715 | Belmar, NJ · PO box | 5.9 mi | — |
| 08701 | Lakewood, NJ | 6.1 mi | $64,959 |
Questions about 08720
What city is zip code 08720?
08720 is assigned to Allenwood, New Jersey. The city name is the one the Postal Service prefers for mail addressed to this zip code.
What county is 08720 in?
08720 is in Monmouth County, New Jersey.
What is the population of 08720?
About 735 people live in 08720, according to the Census Bureau's American Community Survey.
What time zone is 08720 in?
08720 is in Eastern Time.
What is the median household income in 08720?
The median household income in 08720 is $224,671.
What zip codes are near 08720?
The closest zip codes to 08720 are 07719, 08724, 07731, 08730, 08736.
Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 08720, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.