Allenwood, NJ

Full City Profile · New Jersey · Monmouth County County

4.9 /5.0
A+ Excellent
721 Population 412/sq mi density
$217,500 Median Income $68,178 per capita
$727,600 Home Value $1,022,602 Zillow
54°F Avg Temperature
A+
Overall
4.9 / 5.0
Strong
A+
Economy
4.9 / 5.0
$217,500 median income, 2.5% unemployment
A+
Affordability
4.8 / 5.0
$727,600 home value, /mo rent
A+
Education
5.0 / 5.0
55.7% bachelor's degree or higher

Allenwood, NJ

At a Glance

Median Income
$217,500
189% above
$68,178 per capita
Home Value
$727,600
158% above
Zillow: $1,022,602
Bachelor's Degree+
55.7%
65% above
100.0% high school+
Unemployment
2.5%
31% below
0.0% poverty rate
Obesity Rate
28.6%
11% below
8.5% smoking rate
Avg Temperature
54°F

How Allenwood Compares to the U.S. Average

Each bar shows Allenwood's value as a percentage of the national average (100% = U.S. avg)

Income
289%
Home Value
258%
Poverty
0%
Bachelor's
165%
Unemployment
69%
Thin vertical line = U.S. national average (100%)

Is Allenwood a Good Place to Live?

A+
4.9 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Allenwood residents earn a median household income of $217,500 , which is 189% above the national average of $75,149. Per capita income is $68,178. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 21,968 business establishments, including 1,925 restaurants.

Housing & Cost of Living

The median home value in Allenwood is $727,600 , 158% above the national median of $281,900. Zillow estimates the typical home at $1,022,602. The cost of living index is 108.8 (100 = national average). The median home was built in 1963.

Education

55.7% of adults in Allenwood hold a bachelor's degree or higher (65% above the national average). 100.0% have completed high school. Local schools score 6.9/10 in standardized testing.

Climate & Weather

Allenwood has an average annual temperature of 54°F (12°C). Winters average 33°F in January while summers reach 75°F in July. Annual precipitation totals 52.5 inches. Air quality is rated Good with a median AQI of 37.

Data Overview

People

Population721
Median Age44.9 yrs
Density412/mi²
Male / Female47% / 53%
Foreign Born1.8%
Veterans2.5%

Economy

A+
Median Income$217,500
Per Capita$68,178
Unemployment2.5%
Poverty0.0%
County GDP$52,693M
Avg Weekly Wage$1,357

Housing

A+
Home Value$727,600
Rent
Ownership84.3%
Zillow$1,022,602
Housing Units276
Rent Burden31.4%

Health

Obesity28.6%
Diabetes6.5%
Smoking8.5%
Heart Disease4.2%
Premature Death5,710/100K

Climate

Avg Temp54°F
Rain52.5 in/yr
AQI37 (Good)
Elevation41 ft

Education

A+
Bachelor's+55.7%
High School+100.0%
Graduate+19.7%
School Score6.9/10

Community

2024 VoteR 55% / D 43%
Commute31 min
Broadband100.0%
Internet Speed142 Mbps
EV Stations5
Libraries37

Did You Know?

The median home in Allenwood was built in 1963.
The nearest airport is Central Jersey Regional (38 miles).
The Gini coefficient (income inequality) is 0.477 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
0.1% of the population has a disability.
Average internet download speed is 142 Mbps.
There are 1,925 restaurants in the area.
The county recorded 46 fatal vehicle crashes.