Living in Encore at Monroe, New Jersey

Cost of living, income, home prices, rent and demographics of Encore at Monroe · Census data 2020–2024

Encore at Monroe has 872 residents with a median age of 76.1. The median household income is $76,511 (26% lower than the New Jersey median), the median home value is $491,900.

Encore at Monroe is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Encore at Monroe at a glance

Population
872
Median age
76.1State: 40.1
Median household income
$76,511State: $103,556
Median home value
$491,900State: $454,400
Homeowners
100%
Bachelor's degree or higher
48.1%

Is Encore at Monroe a good place to live?

Pros: A poverty rate of 3.6%.

Cons: Median household income 26% lower than the New Jersey median; home values 8% higher than the state median.

The weather is best in May–June and August–September.

Cost of living in Encore at Monroe

Housing is the biggest part of the cost of living. In Encore at Monroe the median home value is $491,900, 48% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,431 a month in housing costs.

Median home value

Encore at Monroe$491,900
New Jersey$454,400
United States$332,700

Median monthly rent

New Jersey$1,720
United States$1,413

Encore at Monroe median household income

The median household income in Encore at Monroe is $76,511 and the income per person is $58,505. 3.6% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Encore at Monroe$76,511
New Jersey$103,556
United States$80,734

Housing in Encore at Monroe: homes for sale and rent

Housing units
461
Owner-occupied
100%
Renter-occupied
0%
Vacant
0%Includes seasonal homes
Median year built
2006
Average household size
1.89

Encore at Monroe demographics

Population
872
Median age
76.1
Under 18
0%
65 and older
97.1%
Households
461
Foreign-born
11%
Veterans
11.7%Adults 18+

Race and ethnicity

White95%
Hispanic or Latino0%
Black0%
Asian5%

Hispanic or Latino can be of any race. Population history of Encore at Monroe ›

Education in Encore at Monroe

48.1% of adults 25 and older in Encore at Monroe have a bachelor's degree or higher (New Jersey: 43.6%), and 24.4% have a graduate or professional degree.

Bachelor's degree or higher

Encore at Monroe48.1%
New Jersey43.6%
United States35.7%

Jobs and commute in Encore at Monroe

Unemployment rate
0%State: 6.3%
Average commute
—State: 31 min
Work from home
0%
Drive alone
100%
Public transit
0%
Walk to work
0%
Homes with broadband
98.3%

Encore at Monroe vs nearby towns

TownPopulationMedian incomeHome valueRent
Encore at Monroe872$76,511$491,900—
Clearbrook2,375$37,411$282,000$1,739
Rossmoor3,350$64,074$194,300$1,661
Concordia2,611$62,206$327,500$2,130
The Ponds1,097$73,249$373,800$1,791
Whittingham2,480$77,550$419,000—
Stonebridge1,966$127,578$646,800—
Monroe49,032$107,892$540,900$2,031
Forsgate2,102$239,097$692,800—

More for people moving to Encore at Monroe

Encore at Monroe ZIP code ›Weather and climate ›

Living in Encore at Monroe: FAQ

What is the median household income in Encore at Monroe, NJ?

The median household income in Encore at Monroe is $76,511, 26% lower 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 Encore at Monroe?

The median home value in Encore at Monroe is $491,900, compared with $454,400 in New Jersey.

Is Encore at Monroe, NJ a good place to live?

Pluses: a poverty rate of 3.6%. Minuses: median household income 26% lower than the New Jersey median; home values 8% higher than the state median.

What is the median age in Encore at Monroe?

The median age in Encore at Monroe is 76.1 years (New Jersey: 40.1).

What is the unemployment rate in Encore at Monroe?

The unemployment rate in Encore at Monroe is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Encore at Monroe?

48.1% of adults in Encore at Monroe 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.

Last updated: