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Olivet CDP, NJ
ZIP 08318 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Olivet CDP, NJ (08318)
Median Income
$87,551
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+782
Wealth inflow
Population
12,149
Unemployment
7.2%
3.5pp above US avg
IRS migration statistics show a net inflow of about 782 for ZIP 08318 (Olivet CDP, 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.
Historical Trends in 08318 (2020–Present)
Since 2020, population declined 1.9%, median income rose 0.4% (inflation-adjusted), home values increased 6.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $87,551 |
| Unemployment | 7.2% |
| Establishments | 227 |
| Employees | 2,689 |