08402 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 08402, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

08402 is a zip code in Atlantic County, New Jersey, which covers County subdivisions not defined and Margate City, with a total population of 5,388 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 08402 zip code. The most basic data is the total population, which is the total number of people living in 08402.

The estimated population of people living in 08402 is 5,388, with a median age of 58.1.

We can look back at data from previous years to see how the population in the 08402 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
5,388
 -9% -13.10%
2020
5,921
 -1.27% -
2019
5,997
 -1.3% -
2018
6,076
 -2% -
2017
6,200
 - -

Population of 08402 by Race and Ethnicity

How much has the race and ethnicity of the population in the 08402 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
95.7%
92.4%
 +3.57%
Black/African American
0%
2.2%
 -100.00%
Native
0%
0.3%
 -100.00%
Hispanic
2.3%
1.7%
 +35.29%
Asian
1.2%
1.5%
 -20.00%
Hawaiian/Pacific Islander
0.1%
0%
 0.00%
Two Or More Races
0.6%
1.9%
 -68.42%
Other
0%
0%
 0.00%

This data can be very important for anybody studying the 08402 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 08402 by Age and Gender

We can also monitor the change of the age and gender in the 08402 zip code to track track trends in the population over time.

We can see how the population in 08402 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 58.1 +1.04% 57.7 +1.94% 58.4 -0.34%
2020 57.5 -1.37% 56.6 +0.18% 58.6 -2.33%
2019 58.3 -2.51% 56.5 -2.42% 60 -0.99%
2018 59.8 -1.32% 57.9 -3.82% 60.6 -0.33%
2017 60.6 - 60.2 - 60.8 -

The median age of the 08402 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 08402 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 9 131 7.21% 163 +20.74% 126 173
10 to 19 165 +90.01% 127 +120.93% 331 215
20 to 29 234 -52.18% 365 -8.91% 115 294
30 to 39 130 13.35% 245 -64.84% 113 118
40 to 49 257 -10.9% 189 +53.16% 213 276
50 to 59 489 -11.07% 498 +8.55% 435 505
60 to 69 593 -27.81% 842 -24.02% 442 645
70+ 836 -21.66% 936 -25.24% 667 720

Median Household Income

The latest median household income for the 08402 zip code is $106,206.00.

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 08402.

  • Under 25
    $0.00
  • 25 to 44
    $124,145.00
  • 45 to 64
    $119,832.00
  • 65 and over
    $84,750.00

Average Household Income

Whenever we ask what is the average household income in the 08402 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 08402, 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 08402 is currently $156,042.00.

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.

22.41% of households in 08402 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 08402 against other zip codes.

  • Less than $24,999
    14.18%
  • $25,000 to $49,999
    11.88%
  • $50,000 to $74,999
    9.69%
  • $75,000 to $99,999
    11.20%
  • $100,000 to $149,999
    20.86%
  • $150,000 to $199,999
    9.77%
  • $200,000 or more
    22.41%

Per Capita Income

The per capita income in 08402 is $75,951.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 08402 by the total population of 08402.

This is different from the average or mean income because it includes and accounts for all people living in the 08402 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 08402 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
    28.22%
  • Bachelor's degree
    39.77%
  • Some college or associate's degree
    5.64%
  • High school diploma or equivalent
    24.69%
  • Less than high school diploma
    1.67%

Employment

Employment rates are all based around the total population in 08402 that are over the age of 16.

Currently, the total population of the 08402 zip over the age of 16 is 4,730.

Of those people, a total of 58.10% 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 08402 is 54.90%.

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 08402 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 187 35.80% 0.00%
20 to 24 years 309 83.80% 4.20%
25 to 29 years 100 71.00% 0.00%
30 to 34 years 128 100.00% 7.80%
35 to 44 years 250 88.40% 4.80%
45 to 54 years 655 88.20% 5.40%
55 to 59 years 627 73.50% 5.00%
60 to 64 years 634 78.20% 8.70%
65 to 74 years 964 34.30% 3.00%
75 years and over 876 15.60% 2.90%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 08402. 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 4,541 57.50% 4.00%
Black or African American 1 100.00% 100.00%
American Indian and Alaska Native 0 0.00% 0.00%
Asian 52 44.20% 0.00%
Native Hawaiian and Other Pacific Islander 6 100.00% 0.00%
Other 38 100.00% 55.30%
Two or more races 92 76.10% 22.90%
Hispanic or Latino 96 77.10% 41.90%
Not Hispanic or Latino 4,541 57.50% 4.00%

Occupations

In this section we can look at the most common occupations for people living in the 08402 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 08402 is 2,595, with median earnings of $67,309.00.

Women in 08402 are earning approximately 70.10% of the men's earnings.

Population Earnings
Total 2,595 $67,309.00
Male 1,247 $89,250.00
Female 1,348 $62,589.00

Occupations by Category

In the table below, we can break down the population and earnings for 08402 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 319 $101,295.00
Business and Financial 155 $64,539.00
Computer and Mathematical 22 $73,929.00
Architecture and Engineering 49 $188,558.00
Life, Physical, and Social Science 0 $0.00
Community and Social Service 14 $73,654.00
Legal 131 $110,208.00
Educational and Library 245 $65,969.00
Arts, Design, Entertainment, Sports, and Media 30 $2,499.00
Healthcare Practitioners 644 $89,271.00
Healthcare Support 6 $0.00
Firefighters and Protective Service 96 $54,342.00
Law Enforcement 5 $0.00
Food Preparation and Serving 76 $25,761.00
Building and Grounds Cleaning 47 $68,750.00
Personal Care and Service 88 $28,250.00
Sales 379 $106,005.00
Office and Administrative Support 128 $29,545.00
Farming, Fishing, and Forestry 0 $0.00
Construction and Extraction 52 $101,875.00
Installation, Maintenance, and Repair 26 $30,000.00
Production 0 $0.00
Transportation and Material Moving 0 $0.00

Occupations by Gender

Now we can also look at the occupations by category for 08402 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 08402.

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 220 $123,333.00 99 $57,019.00
Business and Financial 61 $129,219.00 94 $63,816.00
Computer and Mathematical 22 $73,929.00 0 $0.00
Architecture and Engineering 49 $188,558.00 0 $0.00
Life, Physical, and Social Science 0 $0.00 0 $0.00
Community and Social Service 0 $0.00 14 $73,654.00
Legal 93 $111,319.00 38 $32,065.00
Educational and Library 36 $98,200.00 209 $65,035.00
Arts, Design, Entertainment, Sports, and Media 13 $0.00 17 $0.00
Healthcare Practitioners 117 $150,694.00 527 $88,672.00
Healthcare Support 0 $0.00 6 $0.00
Firefighters and Protective Service 96 $54,342.00 0 $0.00
Law Enforcement 5 $0.00 0 $0.00
Food Preparation and Serving 36 $42,632.00 40 $25,652.00
Building and Grounds Cleaning 47 $68,750.00 0 $0.00
Personal Care and Service 64 $2,499.00 24 $0.00
Sales 210 $120,625.00 169 $105,299.00
Office and Administrative Support 35 $38,472.00 93 $28,750.00
Farming, Fishing, and Forestry 0 $0.00 0 $0.00
Construction and Extraction 52 $101,875.00 0 $0.00
Installation, Maintenance, and Repair 26 $30,000.00 0 $0.00
Production 0 $0.00 0 $0.00
Transportation and Material Moving 0 $0.00 0 $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 2,651 households in 08402, with an average household size of 2.03 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 1,604 families living in the 08402 zip code with an average family size of 2.62 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 08402:

Married Male Female Nonfamily
Total Households 1,314 78 212 1,047
Average Household Size 2.68 2.45 2.44 1.1
Total Families 1,314 78 212 0
Average Household Size 2.68 2.26 2.44 0

Poverty

Of the 1,604 families living in 08402, 2.40% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 08402:

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 6,888 housing units in 08402.

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

Total Percentage
Occupied 2,651 38.49%
Vacant 4,237 61.51%

4.97% of the total 6,888 housing units in 08402 are rental units. This is approximately 342 properties.

For owner-occupied housing units, a total of 2,288 are occupied by the owner - or 33.22% of the total.

Rental Rates

The median rent for a property in 08402 is $1,337.00.

In the chart below, we can look at the number of rental properties in 08402 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
    21
  • Less than $500
    85
  • $500 to $999
    47
  • $1,000 to $1,499
    84
  • $1,500 to $1,999
    57
  • $2,000 to $2,499
    52
  • $2,500 to $2,999
    13
  • $3,000 or more
    4

Property Value

The median value of a property in 08402 is $508,200.00.

Just like with rental rates, we can look at the number of properties in 08402 that fall into a particular value range.

  • Less than $50,000
    70
  • $50,000 to $99,999
    47
  • $100,000 to $149,999
    102
  • $150,000 to $199,999
    56
  • $200,000 to $299,999
    172
  • $300,000 to $499,999
    680
  • $500,000 to $999,999
    884
  • $1,000,000 or more
    277

Property Age

We can also look at the age of properties in 08402. The chart below shows the number of properties in 08402 that fall into a particular age range.

  • 1939 or earlier
    1,036
  • 1940 to 1949
    408
  • 1950 to 1959
    1,560
  • 1960 to 1969
    1,040
  • 1970 to 1979
    990
  • 1980 to 1989
    610
  • 1990 to 1999
    163
  • 2000 to 2009
    503
  • 2010 to 2013
    545
  • 2014 or later
    33

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 08402 that have a particular number of vehicles available.

  • No vehicles available
    147
  • 1 vehicle available
    1,077
  • 2 vehicles available
    1,075
  • 3 or more vehicles available
    352

Commuting to Work

In this section, we can also look at how people in 08402 get to work. The chart below shows the number of people in 08402 that commute to work in a particular way.

28.5 minutes is the average travel time to work for people in 08402.

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
    88
  • 5 to 9 minutes
    210
  • 10 to 14 minutes
    482
  • 15 to 19 minutes
    314
  • 20 to 24 minutes
    285
  • 25 to 29 minutes
    65
  • 30 to 34 minutes
    180
  • 35 to 39 minutes
    144
  • 40 to 44 minutes
    45
  • 45 to 59 minutes
    75
  • 60 to 89 minutes
    234
  • 90 or more minutes
    107

Summary

We've covered a LOT of demographic and population data for 08402 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 08402

If you want to see how the population and demographics of 08402 compare to other zip codes in New Jersey, check out the list of all New Jersey zip codes below: