Monmouth Junction, NJ
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Monmouth Junction, New Jersey Summary

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°.

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Monmouth Junction SnackAbility

7
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
8
Diversity
9.5
Safety
N/A
Amenities
8.5
Education
10
Commute
3
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Monmouth Junction, NJ Cost Of Living

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.

138
Monmouth Junction's Overall Cost Of Living
1.4x
Higher Than The National Average

Cost Of Living In Monmouth Junction Comparison Table

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

Monmouth Junction, NJ Weather

  • 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.

StatMonmouth Junction
Average Annual High63.8
Average Annual Low43.4
Annual Precipitation Days77.0
Average Annual Precipitation47.8
Average Annual Snowfall24.7
63.8°
Average High
77.0°
Days of Rain

Rankings for Monmouth Junction in New Jersey

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Map Of Monmouth Junction, NJ

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Monmouth Junction Demographics And Statistics

Population over time in Monmouth Junction

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 -

Race / Ethnicity in Monmouth Junction

White
27.8% (2,711)
African American
4.3% (415)
American Indian
0.0% (0)
Asian
54.9% (5,349)
Hawaiian
0.0% (0)
Other
0.6% (62)
Two Or More
3.8% (368)
Hispanic
8.7% (845)

Monmouth Junction is:

  • 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%

Gender in Monmouth Junction

Female
53.2% (5,184)
Male
46.8% (4,566)
  • 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%

Highest level of educational attainment in Monmouth Junction for adults over 25

  • 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.

< 9th Grade
0.0% (0)
9-12th Grade
4.0% (390)
High School / GED
9.0% (877)
Some College
9.0% (877)
Associate's Degree
2.0% (195)
Bachelor's Degree
43.0% (4,192)
Master's Degree
28.0% (2,730)
Professional Degree
2.0% (195)
Doctorate Degree
3.0% (292)
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%

Household Income For Monmouth Junction, New Jersey

  • 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.

Less than $10,000
0.5% (5,099)
$10,000 to $14,999
6.9% (67,093)
$15,000 to $24,999
1.0% (10,198)
$25,000 to $34,999
0.6% (5,367)
$35,000 to $49,999
9.6% (93,662)
$50,000 to $74,999
9.9% (96,077)
$75,000 to $99,999
7.3% (71,118)
$100,000 to $149,999
21.6% (210,941)
$150,000 to $199,999
9.2% (89,905)
$200,000 or more
33.4% (325,536)
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%

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