Living in Colts Neck, New Jersey
Cost of living, income, home prices, rent and demographics of Colts Neck · Census data 2020–2024
Colts Neck has 9,953 residents with a median age of 47.6. The median household income is $199,573 (93% higher than the New Jersey median), the median home value is $917,200, the median rent is $2,777/month.
Colts Neck at a glance
- Population
- 9,953
- Median age
- 47.6State: 40.1
- Median household income
- $199,573State: $103,556
- Median home value
- $917,200State: $454,400
- Median rent
- $2,777/moState: $1,720
- Homeowners
- 94.3%
- Bachelor's degree or higher
- 67.6%
- Average commute
- 33 min
Is Colts Neck a good place to live?
Pros: Median household income 93% higher than the New Jersey median; unemployment of 4.6%; a poverty rate of 3.4%.
Cons: Home values 102% higher than the state median; an average commute of 33 minutes.
The weather is best in May–June and August–September.
Cost of living in Colts Neck
Housing is the biggest part of the cost of living. In Colts Neck the median home value is $917,200, 176% higher than the U.S. median. Renters pay a median of $2,777 per month, which is 17.5% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Colts Neck median household income
The median household income in Colts Neck is $199,573 and the income per person is $111,049. 3.4% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Colts Neck: homes for sale and rent
- Housing units
- 3,722
- Owner-occupied
- 94.3%
- Renter-occupied
- 5.7%
- Vacant
- 3%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.74
Colts Neck demographics
- Population
- 9,953
- Median age
- 47.6
- Under 18
- 21.6%
- 65 and older
- 19.9%
- Households
- 3,610
- Foreign-born
- 10.5%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Colts Neck ›
Education in Colts Neck
67.6% of adults 25 and older in Colts Neck have a bachelor's degree or higher (New Jersey: 43.6%), and 34.3% have a graduate or professional degree.
Jobs and commute in Colts Neck
- Unemployment rate
- 4.6%State: 6.3%
- Average commute
- 33 minState: 31 min
- Work from home
- 25.7%
- Drive alone
- 61.4%
- Public transit
- 4.2%
- Walk to work
- 0.3%
- Homes with broadband
- 97.7%
Colts Neck vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Colts Neck | 9,953 | $199,573 | $917,200 | $2,777 |
| Lincroft | 6,939 | $189,000 | $807,300 | $685 |
| East Freehold | 5,096 | $189,219 | $645,900 | $2,069 |
| Tinton Falls | 19,361 | $117,308 | $478,000 | $1,746 |
| Holmdel | 17,436 | $165,013 | $843,000 | $2,891 |
| Marlboro | 41,648 | $186,292 | $701,200 | $2,699 |
| Eatontown | 13,575 | $90,463 | $492,400 | $1,601 |
| Freehold | 12,507 | $85,707 | $416,800 | $1,832 |
| Shrewsbury | 4,179 | $178,958 | $811,400 | $3,472 |
More for people moving to Colts Neck
Colts Neck ZIP code ›Weather and climate ›Living in Colts Neck: FAQ
What is the median household income in Colts Neck, NJ?
The median household income in Colts Neck is $199,573, 93% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Colts Neck?
The median home value in Colts Neck is $917,200, compared with $454,400 in New Jersey.
How much is rent in Colts Neck?
The median gross rent in Colts Neck is $2,777 per month, about 17.5% of household income.
Is Colts Neck, NJ a good place to live?
Pluses: median household income 93% higher than the New Jersey median; unemployment of 4.6%; a poverty rate of 3.4%. Minuses: home values 102% higher than the state median; an average commute of 33 minutes.
What is the median age in Colts Neck?
The median age in Colts Neck is 47.6 years (New Jersey: 40.1).
How long is the commute in Colts Neck?
The average commute to work in Colts Neck is 33 minutes; 25.7% of workers work from home.
What is the unemployment rate in Colts Neck?
The unemployment rate in Colts Neck is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Colts Neck?
67.6% of adults in Colts Neck have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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