Morganville, NJ
Population 5,544 · New Jersey
About Morganville, NJ
Morganville is a small community in New Jersey with a population of 5,544 residents. The median household income is $134,911 per year, which is above the national average. The median age in Morganville is 46 years.
Housing in Morganville has a median home value of $575,900 and median monthly rent of $2,677. Of the 2,206 total housing units, the majority are owner-occupied, with 1,915 owner-occupied and 269 renter-occupied units.
The unemployment rate in Morganville is 1.8% and the poverty rate is 4.2%. 58.9% of residents hold a bachelor's degree or higher. The average commute time is 37.5 minutes.
How Morganville Ranks in New Jersey
Cost of Living in Morganville, NJ
Compared to national averages, Morganville has a median household income of $134,911 (80% above the national median of $75,149). Home values average $575,900, which is 135% above the national median. Monthly rent at $2,677 is 130% above the US average of $1,163. Within New Jersey, Morganville's income is 17% above the state average of $115,667, and home values are 23% above the state median of $469,644.
Why Live in Morganville, NJ?
Morganville offers a strong local economy with a median household income of $134,911, well above the national average, and a strong job market with an unemployment rate of just 1.8%, and a well-educated community where 58.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $575,900. However, Morganville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Morganville has a population of 5,544 with a median age of 46 years. Compare Morganville with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Morganville
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Somerdale | 5,535 | $79,101 | $221,600 | Compare |
| Towaco | 5,627 | $197,696 | $690,900 | Compare |
| Lyons | 5,444 | $243,958 | $936,000 | Compare |
| Norwood | 5,668 | $164,766 | $676,400 | Compare |
| Neshanic Station | 5,403 | $213,682 | $636,200 | Compare |
| East Freehold | 5,381 | $195,804 | $626,800 | Compare |
| Cape May Court House | 5,375 | $74,503 | $355,500 | Compare |
| Glendora | 5,367 | $94,792 | $219,700 | 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 Morganville
What is the population of Morganville, NJ?
The population of Morganville, NJ is 5,544 according to the latest Census data.
What is the median household income in Morganville?
The median household income in Morganville, NJ is $134,911 per year.
What is the median home value in Morganville?
The median home value in Morganville, NJ is $575,900.
What is the average rent in Morganville?
The median monthly rent in Morganville, NJ is $2,677.
What is the unemployment rate in Morganville?
The unemployment rate in Morganville, NJ is 1.8%.