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.

Median home value

Colts Neck$917,200
New Jersey$454,400
United States$332,700

Median monthly rent

Colts Neck$2,777
New Jersey$1,720
United States$1,413

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%).

Median household income

Colts Neck$199,573
New Jersey$103,556
United States$80,734

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+

Race and ethnicity

White87.3%
Hispanic or Latino6.8%
Black0.5%
Asian3%

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.

Bachelor's degree or higher

Colts Neck67.6%
New Jersey43.6%
United States35.7%

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

TownPopulationMedian incomeHome valueRent
Colts Neck9,953$199,573$917,200$2,777
Lincroft6,939$189,000$807,300$685
East Freehold5,096$189,219$645,900$2,069
Tinton Falls19,361$117,308$478,000$1,746
Holmdel17,436$165,013$843,000$2,891
Marlboro41,648$186,292$701,200$2,699
Eatontown13,575$90,463$492,400$1,601
Freehold12,507$85,707$416,800$1,832
Shrewsbury4,179$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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