Renaissance at Monroe, NJ
Population 643 · New Jersey
About Renaissance at Monroe, NJ
Renaissance at Monroe is a small community located in New Jersey with a population of 643 residents according to the latest US Census Bureau American Community Survey data. The median household income is $99,615 per year, which is 33% above the national median of $75,149. The median age of 74 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 Renaissance at Monroe features a median home value of $475,800, which is 94% above the national median of $244,900. This places Renaissance 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 338 total housing units, 100% are owner-occupied (338 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Renaissance at Monroe 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 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Renaissance at Monroe have an average one-way commute time of 33.9 minutes.
Education & Demographics
61.3% of Renaissance 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 12.6% of the population being foreign-born.
Cost of Living in Renaissance at Monroe, NJ
Compared to national averages, Renaissance at Monroe has a median household income of $99,615 (33% above the national median of $75,149). Home values average $475,800, which is 94% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Renaissance at Monroe's income is 14% below the state average of $115,667, and home values are 1% above the state median of $469,644.
Why Live in Renaissance at Monroe, NJ?
Renaissance at Monroe offers a strong local economy with a median household income of $99,615, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 61.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $475,800. However, Renaissance at Monroe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Renaissance at Monroe has a population of 643 with a median age of 74 years. Compare Renaissance at Monroe with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Renaissance at Monroe
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cedarville | 636 | $39,816 | $161,400 | Compare |
| East Millstone | 653 | $250,001 | $668,400 | Compare |
| Deal | 632 | $77,679 | $1,329,500 | Compare |
| Nesco | 626 | $0 | $378,600 | Compare |
| Neshanic | 625 | $145,592 | $516,400 | Compare |
| Stewartsville | 661 | $155,588 | $439,500 | Compare |
| Brookfield | 666 | $55,772 | $310,600 | Compare |
| Dennisville | 667 | $96,641 | $290,700 | 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.
Compare Renaissance at Monroe With Other Cities
Frequently Asked Questions about Renaissance at Monroe
What is the population of Renaissance at Monroe, NJ?
The population of Renaissance at Monroe, NJ is 643 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New Jersey.
What is the median household income in Renaissance at Monroe?
The median household income in Renaissance at Monroe, NJ is $99,615 per year, which is 33% above the national median of $75,149.
What is the median home value in Renaissance at Monroe?
The median home value in Renaissance at Monroe, NJ is $475,800, which is 94% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Renaissance at Monroe?
The median monthly rent in Renaissance at Monroe, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Renaissance at Monroe?
The unemployment rate in Renaissance at Monroe, 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 Renaissance at Monroe, NJ a good place to live?
Renaissance at Monroe offers above-average incomes, a competitive housing market, and a strong job market. With a population of 643 and a median age of 74, the city appeals to established professionals and retirees.
How educated is Renaissance at Monroe, NJ?
61.3% of residents in Renaissance 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 Renaissance at Monroe?
Key cost-of-living indicators for Renaissance at Monroe, NJ: median home value is $475,800 (94% above national), median rent is $0/month, and median household income is $99,615. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Renaissance at Monroe?
The poverty rate in Renaissance at Monroe, NJ is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Renaissance at Monroe, NJ?
Renaissance at Monroe'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. 12.6% of residents are foreign-born.