Living in Monmouth Beach, New Jersey
Cost of living, income, home prices, rent and demographics of Monmouth Beach · Census data 2020–2024
Monmouth Beach has 3,207 residents with a median age of 58.5. The median household income is $150,188 (45% higher than the New Jersey median), the median home value is $995,000, the median rent is $2,257/month.
Monmouth Beach at a glance
- Population
- 3,207
- Median age
- 58.5State: 40.1
- Median household income
- $150,188State: $103,556
- Median home value
- $995,000State: $454,400
- Median rent
- $2,257/moState: $1,720
- Homeowners
- 84.4%
- Bachelor's degree or higher
- 67.6%
- Average commute
- 32 min
Is Monmouth Beach a good place to live?
Pros: Median household income 45% higher than the New Jersey median; unemployment of 4.7%; a poverty rate of 0.2%.
Cons: Home values 119% higher than the state median; an average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Monmouth Beach
Housing is the biggest part of the cost of living. In Monmouth Beach the median home value is $995,000, 199% higher than the U.S. median. Renters pay a median of $2,257 per month, which is 32.3% of household income. Homeowners with a mortgage pay $3,850 a month in housing costs.
Monmouth Beach median household income
The median household income in Monmouth Beach is $150,188 and the income per person is $124,673. 0.2% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Monmouth Beach: homes for sale and rent
- Housing units
- 1,856
- Owner-occupied
- 84.4%
- Renter-occupied
- 15.6%
- Vacant
- 16.3%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.07
Monmouth Beach demographics
- Population
- 3,207
- Median age
- 58.5
- Under 18
- 9.7%
- 65 and older
- 31.2%
- Households
- 1,553
- Foreign-born
- 5.7%
- Veterans
- 3.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Monmouth Beach ›
Education in Monmouth Beach
67.6% of adults 25 and older in Monmouth Beach have a bachelor's degree or higher (New Jersey: 43.6%), and 28.7% have a graduate or professional degree.
Jobs and commute in Monmouth Beach
- Unemployment rate
- 4.7%State: 6.3%
- Average commute
- 32 minState: 31 min
- Work from home
- 27.2%
- Drive alone
- 53.7%
- Public transit
- 8.3%
- Walk to work
- 0.7%
- Homes with broadband
- 96.7%
Monmouth Beach vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monmouth Beach | 3,207 | $150,188 | $995,000 | $2,257 |
| Sea Bright | 1,718 | $143,241 | $821,100 | $2,481 |
| Rumson | 7,241 | $250,001 | $1,679,300 | $3,501 |
| Oceanport | 6,195 | $126,094 | $757,700 | $1,608 |
| Little Silver | 6,105 | $240,853 | $955,900 | $3,501 |
| Long Branch | 32,530 | $79,653 | $574,000 | $1,876 |
| Fair Haven | 6,170 | $250,001 | $992,200 | $3,492 |
| West Long Branch | 8,586 | $114,271 | $684,300 | $1,970 |
| Shrewsbury | 4,179 | $178,958 | $811,400 | $3,472 |
More for people moving to Monmouth Beach
Monmouth Beach ZIP code ›Weather and climate ›Living in Monmouth Beach: FAQ
What is the median household income in Monmouth Beach, NJ?
The median household income in Monmouth Beach is $150,188, 45% 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 Monmouth Beach?
The median home value in Monmouth Beach is $995,000, compared with $454,400 in New Jersey.
How much is rent in Monmouth Beach?
The median gross rent in Monmouth Beach is $2,257 per month, about 32.3% of household income.
Is Monmouth Beach, NJ a good place to live?
Pluses: median household income 45% higher than the New Jersey median; unemployment of 4.7%; a poverty rate of 0.2%. Minuses: home values 119% higher than the state median; an average commute of 32 minutes.
What is the median age in Monmouth Beach?
The median age in Monmouth Beach is 58.5 years (New Jersey: 40.1).
How long is the commute in Monmouth Beach?
The average commute to work in Monmouth Beach is 32 minutes; 27.2% of workers work from home.
What is the unemployment rate in Monmouth Beach?
The unemployment rate in Monmouth Beach is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monmouth Beach?
67.6% of adults in Monmouth Beach 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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