ZIP Code 07724 Demographics

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

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 07724 compared to county averages.

Total Population

23,739

↓ 96.3% vs county

Median HH Income

$96,794

↓ 18.3% vs county

Median Home Value

$438,000

↓ 15.7% vs county

Median Age

45.5 yrs

↓ +5.1% vs county

Unemployment Rate

7.0%

↓ +28.5% vs county

Income & Housing Comparison

How ZIP 07724 compares to Monmouth County and New Jersey overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 07724 $97k Monmouth $119k New Jersey $97k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 07724 $438k Monmouth $519k New Jersey $401k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

25.0%

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

Owner Occupancy

71.0%

of occupied housing units are owner-occupied

Median Gross Rent

$1,557

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 07724 using local Census metrics.

Median Home Value$438,000
Down Payment (20%)$87,600
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$2,781P&I: $2215 | Tax: $438 | Ins: $128
Rent (Local Median)
$1,557
Renting is CheaperRenting is estimated to save you $1,224/month compared to buying costs.

How Does 07724 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 07724 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 07724, sorted by distance.

07702 2.0 mi away monmouth county 07703 2.0 mi away monmouth county 07764 3.0 mi away monmouth county 07757 3.3 mi away monmouth county 07739 3.3 mi away monmouth county 07755 3.6 mi away monmouth county 07712 3.6 mi away monmouth county 07738 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 07724 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.