Comparison to Surrounding Areas
The median household income ($227,242) for 08502 is less than the median household income for 08558 ($236,016). But it's more than 08540 ($176,983), 08844 ($153,556), Somerset County ($140,374), and Montgomery township ($226,771).
| 08502 | $227,242 |
| Montgomery township | $226,771 |
| Somerset County | $140,374 |
Get Median Household Income for all Zip Codes in New Jersey.
The average household income ($255,923) for 08502 is less than the average household income for 08558 ($306,844) and Montgomery township ($270,887). But it's more than 08540 ($241,691), 08844 ($193,632), and Somerset County ($191,543).
| 08502 | $255,923 |
| Montgomery township | $270,887 |
| Somerset County | $191,543 |
Get Average Household Income for all Zip Codes in New Jersey.
The per-capita income for 08502 is $87,447. The per capita income ($87,447) for 08502 is less than the per capita income for 08540 ($89,601), 08558 ($112,991), and Montgomery township ($95,544). But it's more than 08844 ($71,838) and Somerset County ($72,193).
| 08502 | $87,447 |
| Montgomery township | $95,544 |
| Somerset County | $72,193 |
Get Per-Capita Income for all Zip Codes in New Jersey.
58.9% of households make over $200,000 a year. The percent high income households (58.9%) for 08502 is less than the percent high income households for 08558 (61.0%). But it's more than 08540 (45.5%), 08844 (37.0%), Somerset County (33.8%), and Montgomery township (57.9%).
| 08502 | 58.9% |
| Montgomery township | 57.9% |
| Somerset County | 33.8% |
Get High Income Households for all Zip Codes in New Jersey.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 08502 | $-1 | $231,563 | $239,554 | $124,632 |
| Montgomery township | $-1 | $250,001 | $250,001 | $109,797 |
| Somerset County | $72,361 | $148,561 | $175,782 | $92,278 |
Get Median Household Income by Age of Householder for all Zip Codes in New Jersey.
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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 08502 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
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+ | |||||
| 08502 | +/-$11,310 | +/-$18,995 | +/-$6,941 | +/-5.9% | +/-$-1 | +/-$24,007 | +/-$30,005 | +/-$51,888 |
| Montgomery township | +/-$11,993 | +/-$17,499 | +/-$6,239 | +/-3.5% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$25,292 |
| Somerset County | +/-$3,294 | +/-$3,211 | +/-$1,184 | +/-0.9% | +/-$12,172 | +/-$4,338 | +/-$5,051 | +/-$4,601 |