Port Monmouth, NJ
Population 3,285 · New Jersey
About Port Monmouth, NJ
Port Monmouth is a small town located in New Jersey with a population of 3,285 residents according to the latest US Census Bureau American Community Survey data. The median household income is $106,677 per year, which is 42% above the national median of $75,149. The median age of 47.9 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 Port Monmouth features a median home value of $423,600, which is 73% above the national median of $244,900. This places Port Monmouth in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,169, 1% above the national average of $1,163/month. Of the 1,349 total housing units, 77% are owner-occupied (1,021 units) and 23% are renter-occupied (302 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Port Monmouth shows an unemployment rate of 5.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Port Monmouth have an average one-way commute time of 38.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
26.1% of Port Monmouth 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, 2.0% Hispanic or Latino, 10.8% Black or African American, and 1.1% Asian residents, with 6.7% of the population being foreign-born.
How Port Monmouth Ranks in New Jersey
Cost of Living in Port Monmouth, NJ
Compared to national averages, Port Monmouth has a median household income of $106,677 (42% above the national median of $75,149). Home values average $423,600, which is 73% above the national median. Monthly rent at $1,169 is 1% above the US average of $1,163. Within New Jersey, Port Monmouth's income is 8% below the state average of $115,667, and home values are 10% below the state median of $469,644.
Why Live in Port Monmouth, NJ?
Port Monmouth offers a strong local economy with a median household income of $106,677, well above the national average, and a low poverty rate of 3.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $423,600. However, Port Monmouth’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Port Monmouth has a population of 3,285 with a median age of 47.9 years. Compare Port Monmouth with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Port Monmouth
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rio Grande | 3,285 | $97,590 | $311,900 | Compare |
| Union | 3,284 | $127,411 | $451,500 | Compare |
| Hamburg | 3,293 | $90,655 | $258,200 | Compare |
| Haworth | 3,321 | $227,841 | $815,300 | Compare |
| Leisuretowne | 3,244 | $51,420 | $220,800 | Compare |
| Saddle River | 3,358 | $236,985 | $2,000,001 | Compare |
| Barnegat | 3,367 | $105,091 | $398,900 | Compare |
| Monmouth Beach | 3,201 | $140,074 | $918,100 | 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 Port Monmouth With Other Cities
Frequently Asked Questions about Port Monmouth
What is the population of Port Monmouth, NJ?
The population of Port Monmouth, NJ is 3,285 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 Port Monmouth?
The median household income in Port Monmouth, NJ is $106,677 per year, which is 42% above the national median of $75,149.
What is the median home value in Port Monmouth?
The median home value in Port Monmouth, NJ is $423,600, which is 73% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Port Monmouth?
The median monthly rent in Port Monmouth, NJ is $1,169, which is 1% above the national average of $1,163/month.
What is the unemployment rate in Port Monmouth?
The unemployment rate in Port Monmouth, NJ is 5.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Port Monmouth, NJ a good place to live?
Port Monmouth offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,285 and a median age of 47.9, the city appeals to established professionals and retirees.
How educated is Port Monmouth, NJ?
26.1% of residents in Port Monmouth 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 Port Monmouth?
Key cost-of-living indicators for Port Monmouth, NJ: median home value is $423,600 (73% above national), median rent is $1,169/month, and median household income is $106,677. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Port Monmouth?
The poverty rate in Port Monmouth, NJ is 3.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Port Monmouth, NJ?
Port Monmouth's population is 0.0% White, 2.0% Hispanic or Latino, 10.8% Black or African American, 1.1% Asian, and 1.1% two or more races. 6.7% of residents are foreign-born.