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ZIP 08723 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Upper Middle ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in undefined, NJ (08723)
Median Income
$103,953
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,062
Wealth inflow
Population
32,033
Unemployment
6.5%
2.8pp above US avg
IRS migration statistics show a net inflow of about 2,062 for ZIP 08723 (NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 08723 (2020–Present)
Since 2020, population declined 3.1%, median income rose 4.5% (inflation-adjusted), home values increased 6.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $103,953 |
| Unemployment | 6.5% |
| Establishments | 898 |
| Employees | 10,870 |