ZIP Code 07716 Demographics

Monmouth County, New Jersey  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 07716 compared to county averages.

Total Population

8,279

↓ 98.7% vs county

Median HH Income

$111,611

↓ 5.8% vs county

Median Home Value

$572,700

↑ +10.3% vs county

Median Age

49.0 yrs

↓ +13.2% vs county

Unemployment Rate

5.6%

↓ +2.9% vs county

Income & Housing Comparison

How ZIP 07716 compares to Monmouth County and New Jersey overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 07716 $112k Monmouth $119k New Jersey $97k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 07716 $573k Monmouth $519k New Jersey $401k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

31.7%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

66.6%

of occupied housing units are owner-occupied

Median Gross Rent

$1,795

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 07716 using local Census metrics.

Median Home Value$572,700
Down Payment (20%)$114,540
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$3,636P&I: $2896 | Tax: $573 | Ins: $167
Rent (Local Median)
$1,795
Renting is CheaperRenting is estimated to save you $1,841/month compared to buying costs.

How Does 07716 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 07716 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 07716, sorted by distance.

07737 1.9 mi away monmouth county 07760 2.6 mi away monmouth county 07704 2.8 mi away monmouth county 07718 3.1 mi away monmouth county 07701 3.7 mi away monmouth county 07748 4.5 mi away monmouth county 07739 4.5 mi away monmouth county 07750 5.1 mi away monmouth county

About Monmouth County

Monmouth County is located in New Jersey and has a total population of 643,064. The county's median household income is $118,527 and median home value is $519,300. ZIP code 07716 is one of many ZCTAs within this county.

View all ZIP codes in Monmouth County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.