08242 Income Statistics

Comparison to Surrounding Areas

08242 Median Household Income

The median household income ($93,250) for 08242 is more than 08204 ($82,466), 08210 ($90,013), 08251 ($83,637), 08260 ($79,699), Cape May County ($91,128), Lower township ($84,962), and Middle township ($83,508).

08242$93,250
Lower township$84,962
Middle township$83,508
Cape May County$91,128

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08242 Average Household Income

The average household income ($101,353) for 08242 is less than the average household income for 08204 ($111,211), 08210 ($117,988), 08260 ($110,346), Cape May County ($122,129), Lower township ($103,018), and Middle township ($111,334). But it's more than 08251 ($97,854).

08242$101,353
Lower township$103,018
Middle township$111,334
Cape May County$122,129

Get Average Household Income for all Zip Codes in New Jersey.

08242 Per-Capita Income

The per-capita income for 08242 is $45,552. The per capita income ($45,552) for 08242 is less than the per capita income for 08204 ($53,929), 08210 ($47,957), 08260 ($58,603), Cape May County ($55,694), Lower township ($47,440), and Middle township ($47,193). But it's more than 08251 ($42,430).

08242$45,552
Lower township$47,440
Middle township$47,193
Cape May County$55,694

Get Per-Capita Income for all Zip Codes in New Jersey.

08242 High Income Households

12.2% of households make over $200,000 a year. The percent high income households (12.2%) for 08242 is less than the percent high income households for 08210 (15.3%), 08260 (13.8%), Cape May County (15.3%), and Middle township (14.4%). But it's more than 08204 (11.7%), 08251 (7.2%), and Lower township (9.7%).

0824212.2%
Lower township9.7%
Middle township14.4%
Cape May County15.3%

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08242 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
08242$-1$-1$100,728$70,938
Lower township$-1$94,301$94,553$67,440
Middle township$-1$84,127$101,667$70,714
Cape May County$43,188$103,180$109,621$73,260

Get Median Household Income by Age of Householder for all Zip Codes in New Jersey.

08242 Map

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About the Data

Data Sources

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 08242 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

Margins of error for the income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
08242+/-$35,005+/-$26,315+/-$10,028+/-10.1%+/-$-1+/-$-1+/-$20,942+/-$22,529
Lower township+/-$5,027+/-$6,467+/-$2,858+/-2.2%+/-$-1+/-$15,772+/-$13,036+/-$5,881
Middle township+/-$8,276+/-$8,735+/-$3,676+/-3.0%+/-$-1+/-$15,554+/-$8,410+/-$5,455
Cape May County+/-$3,274+/-$3,797+/-$1,721+/-1.2%+/-$32,325+/-$7,924+/-$9,258+/-$3,912