Living in Holmdel, New Jersey

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

Holmdel has 17,436 residents with a median age of 49.2. The median household income is $165,013 (59% higher than the New Jersey median), the median home value is $843,000, the median rent is $2,891/month.

Holmdel at a glance

Population
17,436
Median age
49.2State: 40.1
Median household income
$165,013State: $103,556
Median home value
$843,000State: $454,400
Median rent
$2,891/moState: $1,720
Homeowners
91.6%
Bachelor's degree or higher
66.9%
Average commute
38 min

Is Holmdel a good place to live?

Pros: Median household income 59% higher than the New Jersey median; unemployment of 5.5%; a poverty rate of 2.8%.

Cons: Home values 86% higher than the state median; an average commute of 38 minutes.

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

Cost of living in Holmdel

Housing is the biggest part of the cost of living. In Holmdel the median home value is $843,000, 153% higher than the U.S. median. Renters pay a median of $2,891 per month, which is 38.9% of household income. Homeowners with a mortgage pay $3,745 a month in housing costs.

Median home value

Holmdel$843,000
New Jersey$454,400
United States$332,700

Median monthly rent

Holmdel$2,891
New Jersey$1,720
United States$1,413

Holmdel median household income

The median household income in Holmdel is $165,013 and the income per person is $91,032. 2.8% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Holmdel$165,013
New Jersey$103,556
United States$80,734

Housing in Holmdel: homes for sale and rent

Housing units
6,528
Owner-occupied
91.6%
Renter-occupied
8.4%
Vacant
1.5%Includes seasonal homes
Median year built
1988
Average household size
2.65

Holmdel demographics

Population
17,436
Median age
49.2
Under 18
21.4%
65 and older
23.2%
Households
6,429
Foreign-born
19.2%
Veterans
3.9%Adults 18+

Race and ethnicity

White73%
Hispanic or Latino5.4%
Black0.7%
Asian16.2%

Hispanic or Latino can be of any race. Population history of Holmdel ›

Education in Holmdel

66.9% of adults 25 and older in Holmdel have a bachelor's degree or higher (New Jersey: 43.6%), and 31% have a graduate or professional degree.

Bachelor's degree or higher

Holmdel66.9%
New Jersey43.6%
United States35.7%

Jobs and commute in Holmdel

Unemployment rate
5.5%State: 6.3%
Average commute
38 minState: 31 min
Work from home
29.5%
Drive alone
52.1%
Public transit
12.3%
Walk to work
1.2%
Homes with broadband
96%

Holmdel vs nearby towns

TownPopulationMedian incomeHome valueRent
Holmdel17,436$165,013$843,000$2,891
Morganville5,902$161,500$681,800$2,692
Strathmore6,708$151,855$539,500$1,592
Lincroft6,939$189,000$807,300$685
Hazlet20,470$122,020$465,900$1,400
Matawan9,710$123,354$467,800$1,824
Keyport7,171$82,321$417,100$1,458
Aberdeen19,332$121,795$448,200$1,943
Marlboro41,648$186,292$701,200$2,699

More for people moving to Holmdel

Holmdel ZIP code ›Weather and climate ›

Living in Holmdel: FAQ

What is the median household income in Holmdel, NJ?

The median household income in Holmdel is $165,013, 59% 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 Holmdel?

The median home value in Holmdel is $843,000, compared with $454,400 in New Jersey.

How much is rent in Holmdel?

The median gross rent in Holmdel is $2,891 per month, about 38.9% of household income.

Is Holmdel, NJ a good place to live?

Pluses: median household income 59% higher than the New Jersey median; unemployment of 5.5%; a poverty rate of 2.8%. Minuses: home values 86% higher than the state median; an average commute of 38 minutes.

What is the median age in Holmdel?

The median age in Holmdel is 49.2 years (New Jersey: 40.1).

How long is the commute in Holmdel?

The average commute to work in Holmdel is 38 minutes; 29.5% of workers work from home.

What is the unemployment rate in Holmdel?

The unemployment rate in Holmdel is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Holmdel?

66.9% of adults in Holmdel 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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