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ZIP Code 08740

Ocean, New Jersey

ZCTA 08740

Juniper

ZIP Code 08740 is in the lowest 12% nationally for FEMA risk score. It also sits in the highest 5% nationally for home price growth over five years. And it sits in the highest 9% nationally for home price growth over the past year.

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

$443,819

Higher than 68% of U.S. ZIP codes
Home Price Growth, Past Five Years

78%

Higher than 95% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

29.7

Lower than 88% of U.S. ZIP codes

The boundary of ZIP Code 08740, in Ocean, New Jersey.

The basics

Total Population

1,599

Median Age

51.8

Population Density

3,553.95

Home values & property tax

Median Property Tax

$6,168

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

5.16×

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

$69,397

Near the U.S. ZIP codes median
Median Rent

$1,604

Higher than 81% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

12%

Higher than 91% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

59%

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

26%

Climate & weather

Summer Avg High (°F)

83

Winter Avg Low (°F)

23.4

Avg Temperature (°F)

52.7

Hot Days/yr (>90°F)

24

Freezing Days/yr (<32°F)

115.9

Annual Precipitation (in)

51.2

Annual Snowfall (in)

10.2

Flood & disaster risk

Coastal Flood Loss per $1,000

$0.42

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 08740: frequently asked questions

What is the typical home value in ZIP Code 08740?
The estimated median home value in ZIP Code 08740 today is $443,819, higher than 68% of U.S. ZIP codes.
How much is property tax in ZIP Code 08740?
The median annual property tax in ZIP Code 08740 is $6,168, an effective rate of 1.7% of home value.
Is ZIP Code 08740 expensive to live in?
Homes in ZIP Code 08740 cost about 5.16× the median household income, higher than 85% of U.S. ZIP codes.
What is the average rent in ZIP Code 08740?
The median gross rent in ZIP Code 08740 is $1,604 a month, higher than 81% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 08740?
Home prices in ZIP Code 08740 have moved 78% over the past five years (12% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 08740?
ZIP Code 08740 has a population of 1,599, about 3,553.95 people per square mile, per the U.S. Census American Community Survey. The median age is 51.8.
What is the weather like in ZIP Code 08740?
ZIP Code 08740 averages 52.7°F year-round, summer highs near 83°F, winter lows around 23.4°F (NOAA 1991–2020 normals). It sees about 10.2 inches of snow a year.
Is ZIP Code 08740 at risk of flooding or natural disasters?
ZIP Code 08740's FEMA National Risk Index score is 29.7 (lower than 88% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0.42 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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