08406 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 08406, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

08406 is a zip code in Atlantic County, New Jersey, which covers Atlantic City and Ventnor City, with a total population of 9,332 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 08406 zip code. The most basic data is the total population, which is the total number of people living in 08406.

The estimated population of people living in 08406 is 9,332, with a median age of 53.8.

We can look back at data from previous years to see how the population in the 08406 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
9,332
 -6.63% -10.52%
2020
9,995
 -0.99% -
2019
10,095
 -1.34% -
2018
10,232
 -1.89% -
2017
10,429
 - -

Population of 08406 by Race and Ethnicity

How much has the race and ethnicity of the population in the 08406 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
68.6%
62.9%
 +9.06%
Black/African American
3.7%
3.5%
 +5.71%
Native
0.1%
0%
 0.00%
Hispanic
14.3%
23%
 -37.83%
Asian
10.1%
9.8%
 +3.06%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
3.1%
0.7%
 +342.86%
Other
0.2%
0%
 0.00%

This data can be very important for anybody studying the 08406 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 08406 by Age and Gender

We can also monitor the change of the age and gender in the 08406 zip code to track track trends in the population over time.

We can see how the population in 08406 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 53.8 -4.27% 49.5 -6.07% 56.1 -2.43%
2020 56.2 +5.44% 52.7 +0.96% 57.5 +6.48%
2019 53.3 +8.11% 52.2 +10.13% 54 +5.26%
2018 49.3 +0.61% 47.4 +0.21% 51.3 +0.79%
2017 49 - 47.3 - 50.9 -

The median age of the 08406 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 08406 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 9 494 -24.82% 512 -27% 359 292
10 to 19 501 +14.67% 587 -62.6% 533 294
20 to 29 745 -40.94% 575 -19.2% 460 468
30 to 39 378 +51.7% 421 16.88% 467 399
40 to 49 523 4.61% 598 -32.57% 516 425
50 to 59 876 -11.68% 1,046 -5.68% 775 975
60 to 69 669 +30.13% 833 -12.54% 860 733
70+ 642 +9.27% 1,029 +15.28% 663 1,113

Median Household Income

The latest median household income for the 08406 zip code is $66,657.00.

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 08406.

  • Under 25
    $0.00
  • 25 to 44
    $88,523.00
  • 45 to 64
    $77,206.00
  • 65 and over
    $40,478.00

Average Household Income

Whenever we ask what is the average household income in the 08406 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 08406, 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 08406 is currently $94,346.00.

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.

8.93% of households in 08406 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 08406 against other zip codes.

  • Less than $24,999
    18.36%
  • $25,000 to $49,999
    19.26%
  • $50,000 to $74,999
    16.80%
  • $75,000 to $99,999
    14.66%
  • $100,000 to $149,999
    16.33%
  • $150,000 to $199,999
    5.66%
  • $200,000 or more
    8.93%

Per Capita Income

The per capita income in 08406 is $43,291.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 08406 by the total population of 08406.

This is different from the average or mean income because it includes and accounts for all people living in the 08406 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 08406 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
    12.10%
  • Bachelor's degree
    30.33%
  • Some college or associate's degree
    12.62%
  • High school diploma or equivalent
    41.27%
  • Less than high school diploma
    3.69%

Employment

Employment rates are all based around the total population in 08406 that are over the age of 16.

Currently, the total population of the 08406 zip over the age of 16 is 8,262.

Of those people, a total of 60.30% 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 08406 is 55.40%.

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 08406 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 408 41.90% 0.00%
20 to 24 years 399 72.20% 18.10%
25 to 29 years 529 100.00% 8.70%
30 to 34 years 501 81.00% 0.00%
35 to 44 years 766 93.50% 16.10%
45 to 54 years 1,227 82.40% 4.80%
55 to 59 years 1,063 73.80% 5.70%
60 to 64 years 947 72.40% 6.10%
65 to 74 years 1,143 28.60% 14.10%
75 years and over 1,279 4.90% 7.90%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 08406. 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 6,286 58.40% 5.80%
Black or African American 427 69.30% 0.00%
American Indian and Alaska Native 8 100.00% 0.00%
Asian 828 62.30% 17.10%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 184 73.40% 22.20%
Two or more races 529 67.10% 19.70%
Hispanic or Latino 1,031 80.60% 14.90%
Not Hispanic or Latino 5,805 55.90% 5.60%

Occupations

In this section we can look at the most common occupations for people living in the 08406 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 08406 is 4,581, with median earnings of $44,313.00.

Women in 08406 are earning approximately 79.30% of the men's earnings.

Population Earnings
Total 4,581 $44,313.00
Male 2,458 $49,302.00
Female 2,123 $39,089.00

Occupations by Category

In the table below, we can break down the population and earnings for 08406 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 589 $72,469.00
Business and Financial 277 $78,973.00
Computer and Mathematical 107 $54,779.00
Architecture and Engineering 73 $77,798.00
Life, Physical, and Social Science 0 $0.00
Community and Social Service 111 $51,607.00
Legal 115 $60,982.00
Educational and Library 306 $67,500.00
Arts, Design, Entertainment, Sports, and Media 51 $58,646.00
Healthcare Practitioners 193 $92,596.00
Healthcare Support 192 $26,208.00
Firefighters and Protective Service 160 $29,074.00
Law Enforcement 82 $64,500.00
Food Preparation and Serving 510 $24,183.00
Building and Grounds Cleaning 172 $29,861.00
Personal Care and Service 332 $39,167.00
Sales 443 $29,837.00
Office and Administrative Support 486 $43,580.00
Farming, Fishing, and Forestry 0 $0.00
Construction and Extraction 78 $67,857.00
Installation, Maintenance, and Repair 97 $21,202.00
Production 61 $16,287.00
Transportation and Material Moving 55 $42,614.00

Occupations by Gender

Now we can also look at the occupations by category for 08406 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 08406.

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 346 $75,208.00 243 $72,406.00
Business and Financial 151 $79,063.00 126 $77,188.00
Computer and Mathematical 57 $90,509.00 50 $11,645.00
Architecture and Engineering 66 $77,273.00 7 $0.00
Life, Physical, and Social Science 0 $0.00 0 $0.00
Community and Social Service 23 $41,016.00 88 $65,238.00
Legal 33 $0.00 82 $55,667.00
Educational and Library 94 $71,917.00 212 $53,850.00
Arts, Design, Entertainment, Sports, and Media 24 $58,750.00 27 $27,411.00
Healthcare Practitioners 37 $250,001.00 156 $91,875.00
Healthcare Support 24 $0.00 168 $26,708.00
Firefighters and Protective Service 141 $29,039.00 19 $0.00
Law Enforcement 82 $64,500.00 0 $0.00
Food Preparation and Serving 309 $27,321.00 201 $14,306.00
Building and Grounds Cleaning 109 $55,170.00 63 $28,264.00
Personal Care and Service 145 $40,903.00 187 $38,828.00
Sales 327 $31,456.00 116 $19,737.00
Office and Administrative Support 199 $50,141.00 287 $43,381.00
Farming, Fishing, and Forestry 0 $0.00 0 $0.00
Construction and Extraction 62 $67,857.00 16 $0.00
Installation, Maintenance, and Repair 97 $21,202.00 0 $0.00
Production 20 $0.00 41 $16,507.00
Transportation and Material Moving 50 $43,182.00 5 $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 4,243 households in 08406, with an average household size of 2.2 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 2,427 families living in the 08406 zip code with an average family size of 2.84 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 08406:

Married Male Female Nonfamily
Total Households 1,839 259 329 1,816
Average Household Size 2.96 2.89 2.76 1.23
Total Families 1,839 259 329 0
Average Household Size 2.91 2.64 2.63 0

Poverty

Of the 2,427 families living in 08406, 6.10% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 08406:

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 7,642 housing units in 08406.

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

Total Percentage
Occupied 4,243 55.52%
Vacant 3,399 44.48%

16.51% of the total 7,642 housing units in 08406 are rental units. This is approximately 1,262 properties.

For owner-occupied housing units, a total of 2,744 are occupied by the owner - or 35.91% of the total.

Rental Rates

The median rent for a property in 08406 is $1,420.00.

In the chart below, we can look at the number of rental properties in 08406 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
    237
  • Less than $500
    101
  • $500 to $999
    199
  • $1,000 to $1,499
    398
  • $1,500 to $1,999
    349
  • $2,000 to $2,499
    210
  • $2,500 to $2,999
    0
  • $3,000 or more
    5

Property Value

The median value of a property in 08406 is $265,000.00.

Just like with rental rates, we can look at the number of properties in 08406 that fall into a particular value range.

  • Less than $50,000
    70
  • $50,000 to $99,999
    109
  • $100,000 to $149,999
    186
  • $150,000 to $199,999
    206
  • $200,000 to $299,999
    1,101
  • $300,000 to $499,999
    737
  • $500,000 to $999,999
    219
  • $1,000,000 or more
    116

Property Age

We can also look at the age of properties in 08406. The chart below shows the number of properties in 08406 that fall into a particular age range.

  • 1939 or earlier
    2,388
  • 1940 to 1949
    727
  • 1950 to 1959
    653
  • 1960 to 1969
    1,535
  • 1970 to 1979
    1,070
  • 1980 to 1989
    606
  • 1990 to 1999
    229
  • 2000 to 2009
    162
  • 2010 to 2013
    272
  • 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 08406 that have a particular number of vehicles available.

  • No vehicles available
    517
  • 1 vehicle available
    1,975
  • 2 vehicles available
    1,384
  • 3 or more vehicles available
    367

Commuting to Work

In this section, we can also look at how people in 08406 get to work. The chart below shows the number of people in 08406 that commute to work in a particular way.

24.8 minutes is the average travel time to work for people in 08406.

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
    97
  • 5 to 9 minutes
    384
  • 10 to 14 minutes
    396
  • 15 to 19 minutes
    1,144
  • 20 to 24 minutes
    650
  • 25 to 29 minutes
    181
  • 30 to 34 minutes
    472
  • 35 to 39 minutes
    116
  • 40 to 44 minutes
    55
  • 45 to 59 minutes
    152
  • 60 to 89 minutes
    264
  • 90 or more minutes
    95

Summary

We've covered a LOT of demographic and population data for 08406 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 08406

If you want to see how the population and demographics of 08406 compare to other zip codes in New Jersey, check out the list of all New Jersey zip codes below: