Monmouth Beach, NJ
Population 3,201 · New Jersey
About Monmouth Beach, NJ
Monmouth Beach is a small town located in New Jersey with a population of 3,201 residents according to the latest US Census Bureau American Community Survey data. The median household income is $140,074 per year, which is 86% above the national median of $75,149. The median age of 58.3 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 Monmouth Beach features a median home value of $918,100, which is 275% above the national median of $244,900. This places Monmouth Beach in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,169, 87% above the national average of $1,163/month. Of the 1,884 total housing units, 81% are owner-occupied (1,221 units) and 19% are renter-occupied (282 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Monmouth Beach shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 2.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Monmouth Beach have an average one-way commute time of 31.7 minutes.
Education & Demographics
64.9% of Monmouth Beach residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.2% Hispanic or Latino, 5.1% Black or African American, and 1.6% Asian residents, with 6.8% of the population being foreign-born.
Cost of Living in Monmouth Beach, NJ
Compared to national averages, Monmouth Beach has a median household income of $140,074 (86% above the national median of $75,149). Home values average $918,100, which is 275% above the national median. Monthly rent at $2,169 is 87% above the US average of $1,163. Within New Jersey, Monmouth Beach's income is 21% above the state average of $115,667, and home values are 95% above the state median of $469,644.
Why Live in Monmouth Beach, NJ?
Monmouth Beach offers a strong local economy with a median household income of $140,074, well above the national average, and a well-educated community where 64.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $918,100. However, Monmouth Beach’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monmouth Beach has a population of 3,201 with a median age of 58.3 years. Compare Monmouth Beach with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Monmouth Beach
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sewaren | 3,196 | $106,926 | $414,900 | Compare |
| Six Mile Run | 3,185 | $141,181 | $495,200 | Compare |
| Leisuretowne | 3,244 | $51,420 | $220,800 | Compare |
| Rossmoor | 3,136 | $54,367 | $184,800 | Compare |
| Lawnside | 3,124 | $70,338 | $215,100 | Compare |
| Union | 3,284 | $127,411 | $451,500 | Compare |
| Port Monmouth | 3,285 | $106,677 | $423,600 | Compare |
| Rio Grande | 3,285 | $97,590 | $311,900 | 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 Monmouth Beach With Other Cities
Frequently Asked Questions about Monmouth Beach
What is the population of Monmouth Beach, NJ?
The population of Monmouth Beach, NJ is 3,201 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Jersey.
What is the median household income in Monmouth Beach?
The median household income in Monmouth Beach, NJ is $140,074 per year, which is 86% above the national median of $75,149.
What is the median home value in Monmouth Beach?
The median home value in Monmouth Beach, NJ is $918,100, which is 275% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Monmouth Beach?
The median monthly rent in Monmouth Beach, NJ is $2,169, which is 87% above the national average of $1,163/month.
What is the unemployment rate in Monmouth Beach?
The unemployment rate in Monmouth Beach, NJ is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Monmouth Beach, NJ a good place to live?
Monmouth Beach offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,201 and a median age of 58.3, the city appeals to established professionals and retirees.
How educated is Monmouth Beach, NJ?
64.9% of residents in Monmouth Beach aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Monmouth Beach?
Key cost-of-living indicators for Monmouth Beach, NJ: median home value is $918,100 (275% above national), median rent is $2,169/month, and median household income is $140,074. The home-value-to-income ratio is 6.6x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Monmouth Beach?
The poverty rate in Monmouth Beach, NJ is 2.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Monmouth Beach, NJ?
Monmouth Beach's population is 0.0% White, 0.2% Hispanic or Latino, 5.1% Black or African American, 1.6% Asian, and 0.6% two or more races. 6.8% of residents are foreign-born.