ZIP Code 07720 Demographics

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

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 07720 compared to county averages.

Total Population

4,151

↓ 99.4% vs county

Median HH Income

$89,967

↓ 24.1% vs county

Median Home Value

$830,400

↑ +59.9% vs county

Median Age

40.0 yrs

↑ 7.6% vs county

Unemployment Rate

3.4%

↑ 37.9% vs county

Income & Housing Comparison

How ZIP 07720 compares to Monmouth County and New Jersey overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 07720 $90k Monmouth $119k New Jersey $97k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 07720 $830k Monmouth $519k New Jersey $401k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

32.2%

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

Owner Occupancy

45.7%

of occupied housing units are owner-occupied

Median Gross Rent

$1,678

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 07720 using local Census metrics.

Median Home Value$830,400
Down Payment (20%)$166,080
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$5,271P&I: $4199 | Tax: $830 | Ins: $242
Rent (Local Median)
$1,678
Renting is CheaperRenting is estimated to save you $3,593/month compared to buying costs.

How Does 07720 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 07720 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 07720, sorted by distance.

07756 0.7 mi away monmouth county 07717 0.8 mi away monmouth county 07711 2.6 mi away monmouth county 07723 3.4 mi away monmouth county 07762 3.6 mi away monmouth county 07753 3.6 mi away monmouth county 07712 3.9 mi away monmouth county 07719 3.9 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 07720 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.