Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.7 yrs |
|---|---|
| Avg HH Size | 2.50 |
| Below Poverty | 6.5% ▼ 35% below avg |
| College Grads | 57.8% ▲ 49% above avg |
| Unemployment | 5.6% ▲ 15% above avg |
| No HS Diploma | 394 (1.7%) |
| HS Graduate | 5,371 (23.1%) |
| Some College | 1,783 (7.7%) |
| Associates | 2,265 (9.8%) |
| Bachelors | 1,590 (6.8%) |
| Graduate Degree | 11,821 (50.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $124,896 ▲ 64% above avg |
|---|---|
| Median Home Value | $464,100 ▲ 66% above avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,840/mo |
| Total Housing Units | 13,134 |
| Vacant Units | 346 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Matawan is a city in New Jersey, located in Monmouth County. The city spans 1 ZIP code and is home to approximately 32,246 residents. It is a middle-aged city, with a median age of 41.7 years.
Economically, Matawan is a upper-middle-income community. The median household income of $124,896 is significantly above the national average. Approximately 6.5% of residents live below the poverty line. The unemployment rate is 5.6%, near the national average.
The real estate market in Matawan is a premium housing market. Median home values stand at $464,100, which is significantly above the national average. Renters typically pay around $1,840 per month. Homeownership is high at 74.7%, typical of suburban and family-oriented communities.
The population of Matawan is well-educated. 57.8% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (65.66%).
Matawan, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07747 | 32,246 | $124,896 | $464,100 | $1,840 | 5.6% | 57.8% | 74.7% |