Lakewood, NJ — Demographics & Statistics
ZIP code 08701 serves a portion of Lakewood, New Jersey, within Ocean County. This community is home to approximately 28,602 residents, with a median age of 43.1 years. The median household income of $83,976 sits above the national median of $67,521, while median home values of $554,241 are above the national average of $301,500. The area has a owner-majority housing profile, with 60% owner-occupied and 40% renter-occupied units. Cost of living in this part of Lakewood is higher than the national baseline, with an index of 144 (100 = national average). With a college-education rate of 21% and an unemployment rate of 4.1%, 08701 reflects the economic character of Ocean County in New Jersey.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 28,602 | — |
| Population | Density (per sq mi) | 6,746 | — |
| Economics | Median Household Income | $83,976 | ↑ 24% vs nat'l avg |
| Economics | Median Home Value | $554,241 | ↑ 84% vs nat'l avg |
| Economics | Cost of Living Index | 144 | ↑ Higher than avg |
| Economics | Unemployment Rate | 4.1% | ↑ 5% vs nat'l avg |
| Economics | Below Poverty Line | 14.6% | ↑ 28% vs nat'l avg |
| Education | College Educated (25+) | 21% | ↓ 40% vs nat'l avg |
| Demographics | Median Age | 43.1 yrs | ↑ 12% vs nat'l avg |
| Housing | Owner-Occupied | 60% | — |
| Housing | Renter-Occupied | 40% | — |
| Housing | Total Housing Units | 15,159 | — |