Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.1 yrs |
|---|---|
| Avg HH Size | 2.27 |
| Below Poverty | 6.3% ▼ 37% below avg |
| College Grads | 62.0% ▲ 60% above avg |
| Unemployment | 3.9% ▼ 20% below avg |
| No HS Diploma | 219 (1.3%) |
| HS Graduate | 3,506 (20.5%) |
| Some College | 1,347 (7.9%) |
| Associates | 1,423 (8.3%) |
| Bachelors | 1,355 (7.9%) |
| Graduate Degree | 9,220 (54%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $113,630 ▲ 49% above avg |
|---|---|
| Median Home Value | $551,500 ▲ 98% above avg |
| Home/Income Ratio | 4.9x (nat avg ~3.5x) |
| Median Rent | $1,971/mo |
| Total Housing Units | 11,082 |
| Vacant Units | 346 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Red Bank is a city in New Jersey, located in Monmouth County. The city spans 1 ZIP code and is home to approximately 24,544 residents. It is a middle-aged city, with a median age of 43.1 years.
Economically, Red Bank is a upper-middle-income community. The median household income of $113,630 is above the national average. Approximately 6.3% of residents live below the poverty line. The unemployment rate is 3.9%, below the national average.
The real estate market in Red Bank is a premium housing market. Median home values stand at $551,500, which is significantly above the national average. Renters typically pay around $1,971 per month. Homeownership is high at 65.3%, typical of suburban and family-oriented communities.
The population of Red Bank is highly educated. 62.0% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (72.86%).
Red Bank, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07701 | 24,544 | $113,630 | $551,500 | $1,971 | 3.9% | 62.0% | 65.3% |