Encore at Monroe, NJ
Population 713 · New Jersey
About Encore at Monroe, NJ
Encore at Monroe is a small community located in New Jersey with a population of 713 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,896 per year, which is 3% below the national median of $75,149. The median age of 75.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Encore at Monroe features a median home value of $463,900, which is 89% above the national median of $244,900. This places Encore at Monroe in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 377 total housing units, 100% are owner-occupied (377 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Encore at Monroe shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Encore at Monroe have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
31.6% of Encore at Monroe residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 13.2% of the population being foreign-born.
Cost of Living in Encore at Monroe, NJ
Compared to national averages, Encore at Monroe has a median household income of $72,896 (3% below the national median of $75,149). Home values average $463,900, which is 89% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Encore at Monroe's income is 37% below the state average of $115,667, and home values are 1% below the state median of $469,644.
Why Live in Encore at Monroe, NJ?
Encore at Monroe offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 6.0%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($72,896) that falls below the national average, and a competitive housing market where the typical home costs $463,900. However, Encore at Monroe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Encore at Monroe has a population of 713 with a median age of 75.8 years. Compare Encore at Monroe with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Encore at Monroe
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Andover | 716 | $78,750 | $355,400 | Compare |
| Allenwood | 721 | $217,500 | $727,600 | Compare |
| Oceanville | 721 | $163,459 | $247,600 | Compare |
| Branchville | 724 | $124,167 | $299,600 | Compare |
| Fieldsboro | 701 | $88,125 | $333,700 | Compare |
| Harlingen | 697 | $227,438 | $717,900 | Compare |
| Grenloch | 748 | $128,333 | $228,700 | Compare |
| Belleplain | 675 | $65,357 | $282,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Encore at Monroe With Other Cities
Frequently Asked Questions about Encore at Monroe
What is the population of Encore at Monroe, NJ?
The population of Encore at Monroe, NJ is 713 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New Jersey.
What is the median household income in Encore at Monroe?
The median household income in Encore at Monroe, NJ is $72,896 per year, which is 3% below the national median of $75,149.
What is the median home value in Encore at Monroe?
The median home value in Encore at Monroe, NJ is $463,900, which is 89% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Encore at Monroe?
The median monthly rent in Encore at Monroe, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Encore at Monroe?
The unemployment rate in Encore at Monroe, NJ is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Encore at Monroe, NJ a good place to live?
Encore at Monroe offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 713 and a median age of 75.8, the city appeals to established professionals and retirees.
How educated is Encore at Monroe, NJ?
31.6% of residents in Encore at Monroe aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Encore at Monroe?
Key cost-of-living indicators for Encore at Monroe, NJ: median home value is $463,900 (89% above national), median rent is $0/month, and median household income is $72,896. The home-value-to-income ratio is 6.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Encore at Monroe?
The poverty rate in Encore at Monroe, NJ is 6.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Encore at Monroe, NJ?
Encore at Monroe's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 13.2% of residents are foreign-born.