Money Island, NJ
Population 23 · New Jersey
About Money Island, NJ
Money Island is a small community located in New Jersey with a population of 23 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 55.9 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 Money Island features a median home value of $0, which is 100% below the national median of $244,900. This makes Money Island one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 17 total housing units, 100% are owner-occupied (17 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Money Island 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 30.4%, above the national average of 12.4%. Workers in Money Island have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
30.4% of Money Island 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 0.0% of the population being foreign-born.
Cost of Living in Money Island, NJ
Compared to national averages, Money Island has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Money Island's income is 100% below the state average of $115,667, and home values are 100% below the state median of $469,644.
Why Live in Money Island, NJ?
Money Island offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Money Island’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Money Island has a population of 23 with a median age of 55.9 years. Compare Money Island with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Money Island
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ross Corner | 28 | $0 | $0 | Compare |
| Tavistock | 12 | $0 | $0 | Compare |
| Gandys Beach | 38 | $76,625 | $221,600 | Compare |
| Zarephath | 38 | $0 | $0 | Compare |
| Broadway | 60 | $117,250 | $246,400 | Compare |
| Seeley | 63 | $93,854 | $345,800 | Compare |
| Sheppards Mill | 71 | $110,500 | $187,500 | Compare |
| Dorchester | 78 | $100,875 | $0 | 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.
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Frequently Asked Questions about Money Island
What is the population of Money Island, NJ?
The population of Money Island, NJ is 23 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 Money Island?
The median household income in Money Island, NJ is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Money Island?
The median home value in Money Island, NJ is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Money Island?
The median monthly rent in Money Island, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Money Island?
The unemployment rate in Money Island, 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 Money Island, NJ a good place to live?
Money Island offers a moderate cost of living, affordable housing, and a strong job market. With a population of 23 and a median age of 55.9, the city appeals to established professionals and retirees.
How educated is Money Island, NJ?
30.4% of residents in Money Island 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 Money Island?
Key cost-of-living indicators for Money Island, NJ: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Money Island?
The poverty rate in Money Island, NJ is 30.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Money Island, NJ?
Money Island'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. 0.0% of residents are foreign-born.