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ZIP Code 07724

Monmouth, New Jersey

ZCTA 07724

Juniper

ZIP Code 07724 is in the 87th percentile nationally for typical home value. It also sits in the highest 15% nationally for home price against income. And it sits in the highest 17% nationally for median income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$681,997

Higher than 87% of U.S. ZIP codes
Home Price Growth, Past Five Years

64%

Higher than 79% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

67.5

Near the U.S. ZIP codes median

The boundary of ZIP Code 07724, in Monmouth, New Jersey.

The basics

Total Population

24,016

Median Age

47.6

Population Density

1,980.66

Home values & property tax

Median Property Tax

$8,941

Property Tax Rateyearly tax as a share of home value

1.7%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

5.08×

Higher than 85% of U.S. ZIP codes
Median Income

$102,756

Higher than 83% of U.S. ZIP codes
Median Rent

$1,655

Higher than 83% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

1.3%

Lower than 68% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

46%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

26%

Climate & weather

Summer Avg High (°F)

81

Winter Avg Low (°F)

26.9

Avg Temperature (°F)

53.7

Hot Days/yr (>90°F)

12.8

Freezing Days/yr (<32°F)

94.2

Annual Precipitation (in)

49.4

Annual Snowfall (in)

24.5

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 07724: frequently asked questions

What is the typical home value in ZIP Code 07724?
The estimated median home value in ZIP Code 07724 today is $681,997, higher than 87% of U.S. ZIP codes.
How much is property tax in ZIP Code 07724?
The median annual property tax in ZIP Code 07724 is $8,941, an effective rate of 1.7% of home value.
Is ZIP Code 07724 expensive to live in?
Homes in ZIP Code 07724 cost about 5.08× the median household income, higher than 85% of U.S. ZIP codes.
What is the average rent in ZIP Code 07724?
The median gross rent in ZIP Code 07724 is $1,655 a month, higher than 83% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 07724?
Home prices in ZIP Code 07724 have moved 64% over the past five years (1.3% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 07724?
ZIP Code 07724 has a population of 24,016, about 1,980.66 people per square mile, per the U.S. Census American Community Survey. The median age is 47.6.
What is the weather like in ZIP Code 07724?
ZIP Code 07724 averages 53.7°F year-round, summer highs near 81°F, winter lows around 26.9°F (NOAA 1991–2020 normals). It sees about 24.5 inches of snow a year.
Is ZIP Code 07724 at risk of flooding or natural disasters?
ZIP Code 07724's FEMA National Risk Index score is 67.5 (near the U.S. ZIP codes median). Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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