Shark River Hills, NJ
Population 3,035 · New Jersey
About Shark River Hills, NJ
Shark River Hills is a small town located in New Jersey with a population of 3,035 residents according to the latest US Census Bureau American Community Survey data. The median household income is $133,193 per year, which is 77% above the national median of $75,149. The median age of 50.6 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 Shark River Hills features a median home value of $482,800, which is 97% above the national median of $244,900. This places Shark River Hills 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 1,334 total housing units, 99% are owner-occupied (1,252 units) and 1% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Shark River Hills shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Shark River Hills have an average one-way commute time of 28.9 minutes.
Education & Demographics
51.2% of Shark River Hills 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, 3.4% Black or African American, and 1.4% Asian residents, with 3.2% of the population being foreign-born.
Cost of Living in Shark River Hills, NJ
Compared to national averages, Shark River Hills has a median household income of $133,193 (77% above the national median of $75,149). Home values average $482,800, which is 97% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Shark River Hills's income is 15% above the state average of $115,667, and home values are 3% above the state median of $469,644.
Why Live in Shark River Hills, NJ?
Shark River Hills offers a strong local economy with a median household income of $133,193, 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 2.4%. Additionally, the city features a well-educated community where 51.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $482,800. However, Shark River Hills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Shark River Hills has a population of 3,035 with a median age of 50.6 years. Compare Shark River Hills with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Shark River Hills
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rutgers University-Livingston Campus | 3,041 | $0 | $0 | Compare |
| National Park | 3,043 | $81,507 | $207,400 | Compare |
| Cliffwood Beach | 3,044 | $108,854 | $340,600 | Compare |
| Groveville | 3,007 | $108,362 | $347,900 | Compare |
| Sewell | 3,065 | $135,141 | $303,900 | Compare |
| Millington | 3,002 | $202,604 | $746,800 | Compare |
| Turnersville | 3,071 | $156,176 | $352,600 | Compare |
| North Middletown | 3,081 | $146,650 | $311,500 | 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 Shark River Hills With Other Cities
Frequently Asked Questions about Shark River Hills
What is the population of Shark River Hills, NJ?
The population of Shark River Hills, NJ is 3,035 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 Shark River Hills?
The median household income in Shark River Hills, NJ is $133,193 per year, which is 77% above the national median of $75,149.
What is the median home value in Shark River Hills?
The median home value in Shark River Hills, NJ is $482,800, which is 97% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Shark River Hills?
The median monthly rent in Shark River Hills, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Shark River Hills?
The unemployment rate in Shark River Hills, NJ is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Shark River Hills, NJ a good place to live?
Shark River Hills offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,035 and a median age of 50.6, the city appeals to established professionals and retirees.
How educated is Shark River Hills, NJ?
51.2% of residents in Shark River Hills 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 Shark River Hills?
Key cost-of-living indicators for Shark River Hills, NJ: median home value is $482,800 (97% above national), median rent is $0/month, and median household income is $133,193. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Shark River Hills?
The poverty rate in Shark River Hills, NJ is 3.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Shark River Hills, NJ?
Shark River Hills's population is 0.0% White, 0.0% Hispanic or Latino, 3.4% Black or African American, 1.4% Asian, and 0.0% two or more races. 3.2% of residents are foreign-born.