Rumson, NJ
Population 7,265 · New Jersey
About Rumson, NJ
Rumson is a small community in New Jersey with a population of 7,265 residents. The median household income is $250,001 per year, which is above the national average. The median age in Rumson is 43.1 years.
Housing in Rumson has a median home value of $1,609,400 and median monthly rent of $2,351. Of the 2,459 total housing units, the majority are owner-occupied, with 2,193 owner-occupied and 159 renter-occupied units.
The unemployment rate in Rumson is 4.8% and the poverty rate is 3.2%. 77.7% of residents hold a bachelor's degree or higher. The average commute time is 43.5 minutes.
How Rumson Ranks in New Jersey
Cost of Living in Rumson, NJ
Compared to national averages, Rumson has a median household income of $250,001 (233% above the national median of $75,149). Home values average $1,609,400, which is 557% above the national median. Monthly rent at $2,351 is 102% above the US average of $1,163. Within New Jersey, Rumson's income is 116% above the state average of $115,667, and home values are 243% above the state median of $469,644.
Why Live in Rumson, NJ?
Rumson offers a strong local economy with a median household income of $250,001, well above the national average, and a well-educated community where 77.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,609,400. However, Rumson’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rumson has a population of 7,265 with a median age of 43.1 years. Compare Rumson with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Rumson
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Yorketown | 7,265 | $163,375 | $575,700 | Compare |
| Emerson | 7,263 | $153,963 | $626,000 | Compare |
| Wharton | 7,254 | $92,548 | $348,100 | Compare |
| Washington | 7,287 | $79,280 | $260,200 | Compare |
| Keyport | 7,159 | $79,036 | $374,800 | Compare |
| Palmyra | 7,447 | $85,014 | $216,600 | Compare |
| Barrington | 7,047 | $84,334 | $244,400 | Compare |
| Haddon Heights | 7,488 | $126,055 | $354,700 | 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 Rumson
What is the population of Rumson, NJ?
The population of Rumson, NJ is 7,265 according to the latest Census data.
What is the median household income in Rumson?
The median household income in Rumson, NJ is $250,001 per year.
What is the median home value in Rumson?
The median home value in Rumson, NJ is $1,609,400.
What is the average rent in Rumson?
The median monthly rent in Rumson, NJ is $2,351.
What is the unemployment rate in Rumson?
The unemployment rate in Rumson, NJ is 4.8%.