Life in Monmouth Junction research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Monmouth Junction over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Monmouth Junction:
The population in Monmouth Junction is 9,750.
The median home value in Monmouth Junction is $607,055.
The median income in Monmouth Junction is $121,857.
The cost of living in Monmouth Junction is 138 which is 1.4x higher than the national average.
The median rent in Monmouth Junction is $1,784.
The unemployment rate in Monmouth Junction is 2.9%.
The poverty rate in Monmouth Junction is 6.4%.
The average high in Monmouth Junction is 63.8° and the average low is 43.4°.
Cost of living in Monmouth Junction summary. We use data on the cost of living to determine how expensive it is to live in Monmouth Junction. Real estate prices drive most of the variance in cost of living around New Jersey. Key points include:
The cost of living in Monmouth Junction is 138 with 100 being average.
The cost of living in Monmouth Junction is 1.4x higher than the national average.
The median home value in Monmouth Junction is $607,055.
The median income in Monmouth Junction is $121,857.
Living Expense | Monmouth Junction | New Jersey | National Average | |
---|---|---|---|---|
Overall | 138 | 111 | 100 | |
Services | 106 | 104 | 100 | |
Groceries | 105 | 104 | 100 | |
Health | 92 | 95 | 100 | |
Housing | 201 | 130 | 100 | |
Transportation | 108 | 106 | 100 | |
Utilities | 111 | 108 | 100 |
The average high in Monmouth Junction is 63.8° and the average low is 43.4°.
There are 77.0 days of precipitation each year.
Expect an average of 47.8 inches of precipitation each year with 24.7 inches of snow.
Stat | Monmouth Junction |
---|---|
Average Annual High | 63.8 |
Average Annual Low | 43.4 |
Annual Precipitation Days | 77.0 |
Average Annual Precipitation | 47.8 |
Average Annual Snowfall | 24.7 |
The current population in Monmouth Junction is 9,750. The population has increased 251.7% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 9,750 | 195.3% |
2021 | 3,302 | -6.6% |
2020 | 3,534 | 10.5% |
2019 | 3,199 | -2.1% |
2018 | 3,267 | 9.9% |
2017 | 2,973 | -1.9% |
2016 | 3,031 | 4.4% |
2015 | 2,903 | 6.6% |
2014 | 2,724 | -1.7% |
2013 | 2,772 | - |
27.8% White with 2,711 White residents.
4.3% African American with 415 African American residents.
0.0% American Indian with 0 American Indian residents.
54.9% Asian with 5,349 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.6% Other with 62 Other residents.
3.8% Two Or More with 368 Two Or More residents.
8.7% Hispanic with 845 Hispanic residents.
Race | Monmouth Junction | NJ | USA |
---|---|---|---|
White | 27.8% | 53.0% | 58.9% |
African American | 4.3% | 12.4% | 12.1% |
American Indian | 0.0% | 0.1% | 0.6% |
Asian | 54.9% | 9.8% | 5.7% |
Hawaiian | 0.0% | 0.0% | 0.2% |
Other | 0.6% | 0.7% | 0.4% |
Two Or More | 3.8% | 2.8% | 3.5% |
Hispanic | 8.7% | 21.2% | 18.7% |
Monmouth Junction is 53.2% female with 5,184 female residents.
Monmouth Junction is 46.8% male with 4,566 male residents.
Gender | Monmouth Junction | NJ | USA |
---|---|---|---|
Female | 53.2% | 50.7% | 50.4% |
Male | 46.8% | 49.3% | 49.6% |
0.0% of adults in Monmouth Junction completed < 9th grade.
4.0% of adults in Monmouth Junction completed 9-12th grade.
9.0% of adults in Monmouth Junction completed high school / ged.
9.0% of adults in Monmouth Junction completed some college.
2.0% of adults in Monmouth Junction completed associate's degree.
43.0% of adults in Monmouth Junction completed bachelor's degree.
28.0% of adults in Monmouth Junction completed master's degree.
2.0% of adults in Monmouth Junction completed professional degree.
3.0% of adults in Monmouth Junction completed doctorate degree.
Education | Monmouth Junction | NJ | USA |
---|---|---|---|
< 9th Grade | 0.0% | 4.0% | 4.0% |
9-12th Grade | 4.0% | 5.0% | 6.0% |
High School / GED | 9.0% | 26.0% | 26.0% |
Some College | 9.0% | 16.0% | 20.0% |
Associate's Degree | 2.0% | 7.0% | 9.0% |
Bachelor's Degree | 43.0% | 25.0% | 21.0% |
Master's Degree | 28.0% | 12.0% | 10.0% |
Professional Degree | 2.0% | 3.0% | 2.0% |
Doctorate Degree | 3.0% | 2.0% | 2.0% |
0.5% of households in Monmouth Junction earn Less than $10,000.
6.9% of households in Monmouth Junction earn $10,000 to $14,999.
1.0% of households in Monmouth Junction earn $15,000 to $24,999.
0.6% of households in Monmouth Junction earn $25,000 to $34,999.
9.6% of households in Monmouth Junction earn $35,000 to $49,999.
9.9% of households in Monmouth Junction earn $50,000 to $74,999.
7.3% of households in Monmouth Junction earn $75,000 to $99,999.
21.6% of households in Monmouth Junction earn $100,000 to $149,999.
9.2% of households in Monmouth Junction earn $150,000 to $199,999.
33.4% of households in Monmouth Junction earn $200,000 or more.
Income | Monmouth Junction | NJ | USA |
---|---|---|---|
Less than $10,000 | 0.5% | 4.1% | 4.9% |
$10,000 to $14,999 | 6.9% | 3.0% | 3.8% |
$15,000 to $24,999 | 1.0% | 5.4% | 7.0% |
$25,000 to $34,999 | 0.6% | 5.7% | 7.4% |
$35,000 to $49,999 | 9.6% | 8.2% | 10.7% |
$50,000 to $74,999 | 9.9% | 13.2% | 16.1% |
$75,000 to $99,999 | 7.3% | 11.6% | 12.8% |
$100,000 to $149,999 | 21.6% | 18.0% | 17.1% |
$150,000 to $199,999 | 9.2% | 11.5% | 8.8% |
$200,000 or more | 33.4% | 19.2% | 11.4% |