HousingHandbookReference data

U.S. ZIP Code · NJ08620

Mercer County · Trenton-Princeton, NJ

Typical home value

$465,245[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.9%
5-year / yr
+7.3%
10-year / yr
+6.0%

Relative price

vs U.S.
+63.8%
vs metro
≈ metro median
vs state
-18.3%
ZIP 08620 location in NJ
Location of ZIP 08620 in NJ

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 08620 is worth $465,245. Over the past year, values have risen 0.9%. The effective property tax rate is 2.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.4%[3]
Typical annual tax
$11,141[3]

#Climate risk

FEMA National Risk Index ratings for Mercer County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively Low
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Relatively High
Tornado
Relatively Moderate
Earthquake
Relatively Moderate
Winter weather
Very High

#Who lives here

Population
11,621[3]
Median household income
$105,368[3]

#Migration

Household moves in and out of Mercer County over a year, from IRS tax-return data.

Net migration
-1,900[5]
Moved in
8,722
Moved out
10,622

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
3
Middle
0
High
1
  • Yardville Elementary School

    Elementary · Grades PK–5 · Hamilton Township Public School District

    329 students

  • Sunnybrae Elementary School

    Elementary · Grades K–5 · Hamilton Township Public School District

    281 students

  • Yardville Heights Elementary School

    Elementary · Grades PK–5 · Hamilton Township Public School District

    254 students

  • GARDEN STATE CORRECTIONAL FACILITY

    High · Grades 9–12 · OFFICE OF EDUCATIONAL SERVICES DEPARTMENT OF CORRECTIONS

    0 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,353
Loan principal$372,196
Down payment$93,049
Total interest paid$474,716

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$3,667
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
50th percentile[1]
Rental yield
[2]
Property tax
83rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 08620?
The typical home in 08620 is worth $465,245, based on the Zillow Home Value Index.
Are home values rising in 08620?
Home values in 08620 are up 0.9% over the past year, and up 7.3% a year over five years.
What is the property tax rate in 08620?
The effective property tax rate in 08620 is 2.4% — roughly $11,141 a year on a typical home.
Who lives in 08620?
ZIP code 08620 has a population of 11,621 and a median household income of $105,368.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Lawrenceville CDP, NJ

    Typical home
    $463,425
    Gross yield
    6.9%
  • Twin Rivers CDP, NJ

    Typical home
    $468,097
    Gross yield
    6.0%
  • Hamilton Square CDP, NJ

    Typical home
    $485,382
    Gross yield
    5.2%
  • Mercerville CDP, NJ

    Typical home
    $431,331
    Gross yield
    7.0%
  • Trenton, NJ

    Typical home
    $428,241
    Gross yield
    5.6%
  • White Horse CDP, NJ

    Typical home
    $352,628
    Gross yield
    5.7%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 08620 against any other ZIP — full side-by-side table.

Compare 08620

#Jump to section