, NJ

ZIP 08048 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in undefined, NJ (08048)

Median Income

$111,739

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+824

Wealth inflow

Population

12,806

Unemployment

6.4%

2.7pp above US avg

IRS migration statistics show a net inflow of about 824 for ZIP 08048 (NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

6.4%+74% vs US avg

Self-Employed

4.7%-24% vs US avg

SNAP Benefits

4.7%-60% vs US avg

251

Establishments

4,824

Employees

~19 per establishment — small businesses dominate

Education

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.5%
Construction4.3%
Manufacturing7.1%
Wholesale trade1.2%
Retail trade10.3%
Transportation, utilities4.3%
Information2.5%
Finance, insurance, real estate7.6%
Professional, scientific, management14.4%
Education, health care, social25.3%
Arts, entertainment, food services8.3%
Other services5.4%
Public administration8.6%

Household Income

Historical Trends in 08048 (2020–Present)

Since 2020, population grew 5.1%, median income fell 11.0% (inflation-adjusted), home values increased 6.4%.

Median Income

$111,739

+49% vs US avg

Unemployment Rate