Shrewsbury, NJ
Population 4,162 · New Jersey
About Shrewsbury, NJ
Shrewsbury is a small community in New Jersey with a population of 4,162 residents. The median household income is $144,500 per year, which is above the national average. The median age in Shrewsbury is 42 years.
Housing in Shrewsbury has a median home value of $735,900 and median monthly rent of $3,300. Of the 1,526 total housing units, the majority are owner-occupied, with 1,255 owner-occupied and 237 renter-occupied units.
The unemployment rate in Shrewsbury is 5.0% and the poverty rate is 3.6%. 65.0% of residents hold a bachelor's degree or higher. The average commute time is 31.3 minutes.
Cost of Living in Shrewsbury, NJ
Compared to national averages, Shrewsbury has a median household income of $144,500 (92% above the national median of $75,149). Home values average $735,900, which is 200% above the national median. Monthly rent at $3,300 is 184% above the US average of $1,163. Within New Jersey, Shrewsbury's income is 25% above the state average of $115,667, and home values are 57% above the state median of $469,644.
Why Live in Shrewsbury, NJ?
Shrewsbury offers a strong local economy with a median household income of $144,500, well above the national average, and a well-educated community where 65.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $735,900. However, Shrewsbury’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Shrewsbury has a population of 4,162 with a median age of 42 years. Compare Shrewsbury with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Shrewsbury
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lambertville | 4,141 | $106,236 | $534,100 | Compare |
| The College of New Jersey | 4,103 | $8,493 | $0 | Compare |
| Ho-Ho-Kus | 4,230 | $250,001 | $1,032,800 | Compare |
| Riverdale | 4,084 | $96,667 | $384,500 | Compare |
| Leisure Village West | 4,070 | $60,309 | $203,700 | Compare |
| Bradley Beach | 4,264 | $94,722 | $857,200 | Compare |
| Medford Lakes | 4,267 | $151,190 | $368,200 | Compare |
| Westville | 4,285 | $78,333 | $183,500 | 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 Shrewsbury With Other Cities
Frequently Asked Questions about Shrewsbury
What is the population of Shrewsbury, NJ?
The population of Shrewsbury, NJ is 4,162 according to the latest Census data.
What is the median household income in Shrewsbury?
The median household income in Shrewsbury, NJ is $144,500 per year.
What is the median home value in Shrewsbury?
The median home value in Shrewsbury, NJ is $735,900.
What is the average rent in Shrewsbury?
The median monthly rent in Shrewsbury, NJ is $3,300.
What is the unemployment rate in Shrewsbury?
The unemployment rate in Shrewsbury, NJ is 5.0%.