08034 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 08034, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

08034 is a zip code in Camden County, New Jersey, which covers Cherry Hill, with a total population of 19,522 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 08034 zip code. The most basic data is the total population, which is the total number of people living in 08034.

The estimated population of people living in 08034 is 19,522, with a median age of 43.2.

We can look back at data from previous years to see how the population in the 08034 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
19,522
+4.63%
+5.48%
2020
18,659
+3.85%
-
2019
17,967
 -2.59% -
2018
18,444
 -0.35% -
2017
18,508
 - -

Population of 08034 by Race and Ethnicity

How much has the race and ethnicity of the population in the 08034 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
70.6%
72.3%
 -2.35%
Black/African American
6.9%
7.1%
 -2.82%
Native
0%
0%
 0.00%
Hispanic
9.9%
8.7%
 +13.79%
Asian
8%
8%
 0.00%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
1.6%
2.8%
 -42.86%
Other
3%
1.1%
 +172.73%

This data can be very important for anybody studying the 08034 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 08034 by Age and Gender

We can also monitor the change of the age and gender in the 08034 zip code to track track trends in the population over time.

We can see how the population in 08034 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 43.2 +4.6% 39.9 +7.26% 46.4 +3.11%
2020 41.3 -2.82% 37.2 -4.12% 45 -1.75%
2019 42.5 +2.16% 38.8 +5.43% 45.8 -0.22%
2018 41.6 +1.46% 36.8 +0.27% 45.9 -0.22%
2017 41 - 36.7 - 46 -

The median age of the 08034 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 08034 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 981 +38.16% 1,046 +25.93% 1,403 1,314
10 to 19 1,397 -48.35% 995 -38.65% 805 651
20 to 29 1,270 -20.27% 801 +51.37% 1,006 1,159
30 to 39 1,297 +7.17% 1,170 +5.99% 1,374 1,235
40 to 49 971 +5.71% 1,196 +6.61% 1,023 1,269
50 to 59 1,395 +5.02% 1,520 -12.05% 1,446 1,333
60 to 69 930 -5.53% 1,021 +29.47% 877 1,341
70+ 900 +33.59% 1,618 +24.65% 1,231 2,055

Median Household Income

The latest median household income for the 08034 zip code is $100,173.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 08034.

  • Under 25
    $0.00
  • 25 to 44
    $104,325.00
  • 45 to 64
    $116,375.00
  • 65 and over
    $72,733.00

Average Household Income

Whenever we ask what is the average household income in the 08034 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 08034, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 08034 is currently $123,626.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

16.40% of households in 08034 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 08034 against other zip codes.

  • Less than $24,999
    8.51%
  • $25,000 to $49,999
    13.94%
  • $50,000 to $74,999
    14.18%
  • $75,000 to $99,999
    13.25%
  • $100,000 to $149,999
    22.89%
  • $150,000 to $199,999
    10.83%
  • $200,000 or more
    16.40%

Per Capita Income

The per capita income in 08034 is $49,117.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 08034 by the total population of 08034.

This is different from the average or mean income because it includes and accounts for all people living in the 08034 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 08034 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    21.15%
  • Bachelor's degree
    45.59%
  • Some college or associate's degree
    6.90%
  • High school diploma or equivalent
    24.51%
  • Less than high school diploma
    1.85%

Employment

Employment rates are all based around the total population in 08034 that are over the age of 16.

Currently, the total population of the 08034 zip over the age of 16 is 15,958.

Of those people, a total of 66.60% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 08034 is 63.90%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 08034 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 609 43.70% 0.00%
20 to 24 years 989 91.50% 10.20%
25 to 29 years 1,176 90.60% 3.00%
30 to 34 years 1,406 94.50% 1.40%
35 to 44 years 2,327 80.70% 2.80%
45 to 54 years 2,398 86.10% 4.30%
55 to 59 years 1,549 80.20% 1.40%
60 to 64 years 1,243 74.10% 3.60%
65 to 74 years 2,100 36.40% 4.60%
75 years and over 2,161 8.60% 13.40%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 08034. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 12,292 63.50% 4.10%
Black or African American 921 80.80% 2.70%
American Indian and Alaska Native 5 0.00% 0.00%
Asian 1,185 66.10% 6.90%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 818 93.80% 0.00%
Two or more races 737 70.70% 0.00%
Hispanic or Latino 1,421 66.60% 0.00%
Not Hispanic or Latino 11,725 63.80% 4.30%

Occupations

In this section we can look at the most common occupations for people living in the 08034 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 08034 is 10,194, with median earnings of $52,476.00.

Women in 08034 are earning approximately 71.10% of the men's earnings.

Population Earnings
Total 10,194 $52,476.00
Male 5,060 $62,838.00
Female 5,134 $44,686.00

Occupations by Category

In the table below, we can break down the population and earnings for 08034 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 903 $106,875.00
Business and Financial 818 $82,167.00
Computer and Mathematical 524 $60,556.00
Architecture and Engineering 210 $84,527.00
Life, Physical, and Social Science 111 $28,750.00
Community and Social Service 394 $65,000.00
Legal 327 $89,542.00
Educational and Library 927 $44,609.00
Arts, Design, Entertainment, Sports, and Media 446 $62,909.00
Healthcare Practitioners 946 $69,861.00
Healthcare Support 225 $26,789.00
Firefighters and Protective Service 331 $48,424.00
Law Enforcement 73 $76,536.00
Food Preparation and Serving 446 $17,794.00
Building and Grounds Cleaning 197 $27,975.00
Personal Care and Service 212 $18,750.00
Sales 1,074 $42,838.00
Office and Administrative Support 1,066 $49,722.00
Farming, Fishing, and Forestry 0 $0.00
Construction and Extraction 242 $42,535.00
Installation, Maintenance, and Repair 207 $23,891.00
Production 163 $51,616.00
Transportation and Material Moving 118 $58,026.00

Occupations by Gender

Now we can also look at the occupations by category for 08034 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 08034.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 519 $117,188.00 384 $94,074.00
Business and Financial 376 $101,607.00 442 $61,406.00
Computer and Mathematical 396 $52,632.00 128 $100,568.00
Architecture and Engineering 197 $84,966.00 13 $0.00
Life, Physical, and Social Science 28 $0.00 83 $29,321.00
Community and Social Service 128 $80,425.00 266 $56,375.00
Legal 148 $175,500.00 179 $45,313.00
Educational and Library 191 $77,583.00 736 $42,083.00
Arts, Design, Entertainment, Sports, and Media 304 $63,738.00 142 $23,571.00
Healthcare Practitioners 176 $91,250.00 770 $64,632.00
Healthcare Support 52 $60,870.00 173 $25,515.00
Firefighters and Protective Service 309 $49,620.00 22 $0.00
Law Enforcement 64 $76,214.00 9 $0.00
Food Preparation and Serving 267 $23,902.00 179 $9,042.00
Building and Grounds Cleaning 121 $29,313.00 76 $0.00
Personal Care and Service 35 $0.00 177 $15,991.00
Sales 587 $49,922.00 487 $37,431.00
Office and Administrative Support 348 $62,807.00 718 $41,696.00
Farming, Fishing, and Forestry 0 $0.00 0 $0.00
Construction and Extraction 242 $42,535.00 0 $0.00
Installation, Maintenance, and Repair 207 $23,891.00 0 $0.00
Production 119 $57,697.00 44 $27,963.00
Transportation and Material Moving 110 $58,289.00 8 $0.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 7,689 households in 08034, with an average household size of 2.5 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 5,158 families living in the 08034 zip code with an average family size of 3.1 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 08034:

Married Male Female Nonfamily
Total Households 4,184 209 765 2,531
Average Household Size 3.13 3.52 3.09 1.19
Total Families 4,184 209 765 0
Average Household Size 3.13 3.1 2.92 0

Poverty

Of the 5,158 families living in 08034, 4.20% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 08034:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 7,910 housing units in 08034.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 7,689 97.21%
Vacant 221 2.79%

18.33% of the total 7,910 housing units in 08034 are rental units. This is approximately 1,450 properties.

For owner-occupied housing units, a total of 6,130 are occupied by the owner - or 77.50% of the total.

Rental Rates

The median rent for a property in 08034 is $1,463.00.

In the chart below, we can look at the number of rental properties in 08034 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    109
  • Less than $500
    0
  • $500 to $999
    36
  • $1,000 to $1,499
    744
  • $1,500 to $1,999
    577
  • $2,000 to $2,499
    30
  • $2,500 to $2,999
    63
  • $3,000 or more
    0

Property Value

The median value of a property in 08034 is $260,400.00.

Just like with rental rates, we can look at the number of properties in 08034 that fall into a particular value range.

  • Less than $50,000
    148
  • $50,000 to $99,999
    53
  • $100,000 to $149,999
    221
  • $150,000 to $199,999
    911
  • $200,000 to $299,999
    2,607
  • $300,000 to $499,999
    2,077
  • $500,000 to $999,999
    102
  • $1,000,000 or more
    11

Property Age

We can also look at the age of properties in 08034. The chart below shows the number of properties in 08034 that fall into a particular age range.

  • 1939 or earlier
    235
  • 1940 to 1949
    302
  • 1950 to 1959
    2,587
  • 1960 to 1969
    2,767
  • 1970 to 1979
    1,135
  • 1980 to 1989
    552
  • 1990 to 1999
    142
  • 2000 to 2009
    16
  • 2010 to 2013
    174
  • 2014 or later
    0

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 08034 that have a particular number of vehicles available.

  • No vehicles available
    243
  • 1 vehicle available
    2,335
  • 2 vehicles available
    3,941
  • 3 or more vehicles available
    1,170

Commuting to Work

In this section, we can also look at how people in 08034 get to work. The chart below shows the number of people in 08034 that commute to work in a particular way.

24.1 minutes is the average travel time to work for people in 08034.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    261
  • 5 to 9 minutes
    820
  • 10 to 14 minutes
    1,229
  • 15 to 19 minutes
    1,346
  • 20 to 24 minutes
    1,588
  • 25 to 29 minutes
    957
  • 30 to 34 minutes
    965
  • 35 to 39 minutes
    172
  • 40 to 44 minutes
    362
  • 45 to 59 minutes
    769
  • 60 to 89 minutes
    357
  • 90 or more minutes
    124

Summary

We've covered a LOT of demographic and population data for 08034 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 08034

If you want to see how the population and demographics of 08034 compare to other zip codes in New Jersey, check out the list of all New Jersey zip codes below: