Regency at Monroe, NJ
Population 2,241 · New Jersey
About Regency at Monroe, NJ
Regency at Monroe is a small town located in New Jersey with a population of 2,241 residents according to the latest US Census Bureau American Community Survey data. The median household income is $95,724 per year, which is 27% above the national median of $75,149. The median age of 73.3 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 Regency at Monroe features a median home value of $657,500, which is 168% above the national median of $244,900. This places Regency at Monroe in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,353 total housing units, 95% are owner-occupied (1,287 units) and 5% are renter-occupied (66 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Regency at Monroe shows an unemployment rate of 11.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Regency at Monroe have an average one-way commute time of 45 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
61.6% of Regency at Monroe 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 1.1% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 21.3% of the population being foreign-born.
Cost of Living in Regency at Monroe, NJ
Compared to national averages, Regency at Monroe has a median household income of $95,724 (27% above the national median of $75,149). Home values average $657,500, which is 168% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Regency at Monroe's income is 17% below the state average of $115,667, and home values are 40% above the state median of $469,644.
Why Live in Regency at Monroe, NJ?
Regency at Monroe offers a strong local economy with a median household income of $95,724, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 61.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 8.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $657,500. However, Regency at Monroe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Regency at Monroe has a population of 2,241 with a median age of 73.3 years. Compare Regency at Monroe with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Regency at Monroe
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Vista Center | 2,235 | $131,194 | $576,600 | Compare |
| Wenonah | 2,248 | $130,473 | $341,300 | Compare |
| Alpha | 2,249 | $83,125 | $250,400 | Compare |
| Ogdensburg | 2,231 | $104,946 | $311,900 | Compare |
| Brownville | 2,267 | $86,518 | $368,100 | Compare |
| English Creek | 2,275 | $61,694 | $284,800 | Compare |
| North Beach Haven | 2,282 | $109,353 | $1,070,900 | Compare |
| Ten Mile Run | 2,288 | $158,491 | $652,400 | 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 Regency at Monroe With Other Cities
Frequently Asked Questions about Regency at Monroe
What is the population of Regency at Monroe, NJ?
The population of Regency at Monroe, NJ is 2,241 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 Regency at Monroe?
The median household income in Regency at Monroe, NJ is $95,724 per year, which is 27% above the national median of $75,149.
What is the median home value in Regency at Monroe?
The median home value in Regency at Monroe, NJ is $657,500, which is 168% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Regency at Monroe?
The median monthly rent in Regency at Monroe, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Regency at Monroe?
The unemployment rate in Regency at Monroe, NJ is 11.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Regency at Monroe, NJ a good place to live?
Regency at Monroe offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,241 and a median age of 73.3, the city appeals to established professionals and retirees.
How educated is Regency at Monroe, NJ?
61.6% of residents in Regency at Monroe 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 Regency at Monroe?
Key cost-of-living indicators for Regency at Monroe, NJ: median home value is $657,500 (168% above national), median rent is $0/month, and median household income is $95,724. The home-value-to-income ratio is 6.9x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Regency at Monroe?
The poverty rate in Regency at Monroe, NJ is 8.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Regency at Monroe, NJ?
Regency at Monroe's population is 1.1% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.5% two or more races. 21.3% of residents are foreign-born.