Neighborhood Profile

ZIP Code 08023 — Deepwater, NJ

A snapshot of the people, housing, and geography behind the postal code 08023. A very small or essentially rural ZIP in Salem, New Jersey.

Population
282
Median income
$50,833
Median home value
$153,800
Median rent
$1,682/mo

About ZIP 08023

ZIP code 08023 serves Deepwater in Salem, New Jersey. It centers near 39.6815°, -75.4934° and, by population, qualifies as a very small or essentially rural ZIP. Roughly 282 people are estimated to live within its boundaries based on the U.S. Census Bureau's American Community Survey 5-Year Estimates (2018–2022).

The median household earns about $50,833 per year here. The typical owner-occupied home is valued near $153,800, and asking rents on the open market sit around $1,682 per month. Compared to the rest of New Jersey, that makes 08023 considerably more affordable than the state average. Looking at the entire state, the average ZIP code reports a median income closer to $88,698 and a median home value of $357,453.

The median resident is around 38.9 years old.

Cost of living read

If you're considering a move into 08023, the most useful exercise is to compare the housing math against your current ZIP. Here, a typical home runs $153,800 and a typical rental runs $1,682 a month. Translate that into your own budget:

  • At a 7% 30-year mortgage with 20% down, financing the median home here lands monthly principal & interest near $819 — before property tax, insurance, or HOA dues.
  • Renting the median unit at $1,682/mo costs roughly $20,184 per year, or about 39.7% of the local median household income.
  • For movers from substantially cheaper or more expensive metros, the home-value gap ($203,653 versus the state average of $357,453) is often the single biggest line item to plan for.

Who lives here

The age and education profile of a ZIP tells you a lot about what daily life feels like there. With a median age of 38.9 and a population of 282, ZIP 08023 reads as a settled, working-age and family-heavy area.

Geography & nearby ZIPs

This ZIP centers at 39.6815, -75.4934. The eight closest neighboring ZIP codes are listed below — useful if you're scoping out the surrounding area, comparing schools, or just want a feel for the broader neighborhood than this one boundary captures.

How to use this profile

Treat ZipLocal Guide as a starting point — never the final word — when you're researching a relocation. The Census ACS data on this page are reliable medians for the ZIP code tabulation area, but they tell you nothing about which side of the freeway you should live on, which streets the local high schoolers actually walk to school, or how the neighborhood has changed since the 2022 estimate window. For those, walk the area, talk to people on the street, and verify your assumptions with a local agent or community group.

If you find this neighborhood interesting, the easiest next step is to view all ZIPs in Deepwater or browse the rest of New Jersey.