Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.4 yrs |
|---|---|
| Avg HH Size | 2.63 |
| Below Poverty | 4.9% ▼ 51% below avg |
| College Grads | 48.8% ▲ 26% above avg |
| Unemployment | 2.3% ▼ 53% below avg |
| No HS Diploma | 5 (0.9%) |
| HS Graduate | 117 (20.3%) |
| Some College | 42 (7.3%) |
| Associates | 131 (22.7%) |
| Bachelors | 29 (5%) |
| Graduate Degree | 252 (43.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $218,173 ▲ 186% above avg |
|---|---|
| Median Home Value | $757,000 ▲ 172% above avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Total Housing Units | 287 |
| Vacant Units | 36 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Allenwood is a city in New Jersey, located in Monmouth County. The city spans 1 ZIP code and is home to approximately 774 residents. It is a mature city, with a median age of 48.4 years.
Economically, Allenwood is a affluent community. The median household income of $218,173 is more than double the national average. Approximately 4.9% of residents live below the poverty line. The unemployment rate is 2.3%, well below the national average.
The real estate market in Allenwood is a premium housing market. Median home values stand at $757,000, which is more than double the national average. Homeownership is high at 82.9%, typical of suburban and family-oriented communities.
The population of Allenwood is well-educated. 48.8% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (91.21%).
Allenwood, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 08720 | 774 | $218,173 | $757,000 | — | 2.3% | 48.8% | 82.9% |