Monroe Manor, NJ
Population 2,308 · New Jersey
About Monroe Manor, NJ
Monroe Manor is a small town located in New Jersey with a population of 2,308 residents according to the latest US Census Bureau American Community Survey data. The median household income is $160,833 per year, which is 114% above the national median of $75,149. The median age of 40.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Monroe Manor features a median home value of $599,300, which is 145% above the national median of $244,900. This places Monroe Manor in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,390, 20% above the national average of $1,163/month. Of the 676 total housing units, 75% are owner-occupied (509 units) and 25% are renter-occupied (167 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Monroe Manor 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Monroe Manor have an average one-way commute time of 38.6 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
73.2% of Monroe Manor 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 51.1% of the population being foreign-born.
Cost of Living in Monroe Manor, NJ
Compared to national averages, Monroe Manor has a median household income of $160,833 (114% above the national median of $75,149). Home values average $599,300, which is 145% above the national median. Monthly rent at $1,390 is 20% above the US average of $1,163. Within New Jersey, Monroe Manor's income is 39% above the state average of $115,667, and home values are 28% above the state median of $469,644.
Why Live in Monroe Manor, NJ?
Monroe Manor offers a strong local economy with a median household income of $160,833, well above the national average, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 73.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $599,300. However, Monroe Manor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monroe Manor has a population of 2,308 with a median age of 40.1 years. Compare Monroe Manor with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Monroe Manor
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Macopin | 2,305 | $127,824 | $370,300 | Compare |
| Cranbury | 2,304 | $230,703 | $794,500 | Compare |
| Helmetta | 2,317 | $104,143 | $321,400 | Compare |
| Essex Fells | 2,320 | $250,001 | $976,300 | Compare |
| Pleasantdale | 2,293 | $158,661 | $551,600 | Compare |
| Ten Mile Run | 2,288 | $158,491 | $652,400 | Compare |
| North Beach Haven | 2,282 | $109,353 | $1,070,900 | Compare |
| Gibbsboro | 2,337 | $99,881 | $278,200 | 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 Monroe Manor With Other Cities
Frequently Asked Questions about Monroe Manor
What is the population of Monroe Manor, NJ?
The population of Monroe Manor, NJ is 2,308 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 Monroe Manor?
The median household income in Monroe Manor, NJ is $160,833 per year, which is 114% above the national median of $75,149.
What is the median home value in Monroe Manor?
The median home value in Monroe Manor, NJ is $599,300, which is 145% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Monroe Manor?
The median monthly rent in Monroe Manor, NJ is $1,390, which is 20% above the national average of $1,163/month.
What is the unemployment rate in Monroe Manor?
The unemployment rate in Monroe Manor, 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 Monroe Manor, NJ a good place to live?
Monroe Manor offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,308 and a median age of 40.1, the city appeals to a broad range of residents.
How educated is Monroe Manor, NJ?
73.2% of residents in Monroe Manor 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 Monroe Manor?
Key cost-of-living indicators for Monroe Manor, NJ: median home value is $599,300 (145% above national), median rent is $1,390/month, and median household income is $160,833. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Monroe Manor?
The poverty rate in Monroe Manor, NJ is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Monroe Manor, NJ?
Monroe Manor'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. 51.1% of residents are foreign-born.