Monmouth Junction, NJ

Full City Profile · New Jersey · Middlesex County County

4.6 /5.0
A+ Excellent
9,457 Population 2,159/sq mi density
$125,892 Median Income $63,825 per capita
$497,100 Home Value $697,014 Zillow
$1,880 Median Rent 23.6% income on rent
53°F Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A
Economy
4.4 / 5.0
$125,892 median income, 4.3% unemployment
A
Affordability
4.5 / 5.0
$497,100 home value, $1,880/mo rent
A+
Education
5.0 / 5.0
72.9% bachelor's degree or higher

Monmouth Junction, NJ

At a Glance

Median Income
$125,892
68% above
$63,825 per capita
Home Value
$497,100
76% above
Zillow: $697,014
Median Rent
$1,880/mo
62% above
23.6% of income on rent
Bachelor's Degree+
72.9%
116% above
96.0% high school+
Unemployment
4.3%
19% above
9.6% poverty rate
Obesity Rate
22.7%
29% below
7.1% smoking rate
Avg Temperature
53°F

How Monmouth Junction Compares to the U.S. Average

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

Income
168%
Home Value
176%
Rent
162%
Poverty
77%
Bachelor's
216%
Unemployment
119%
Thin vertical line = U.S. national average (100%)

Is Monmouth Junction a Good Place to Live?

A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Monmouth Junction residents earn a median household income of $125,892 , which is 68% above the national average of $75,149. Per capita income is $63,825. The unemployment rate stands at 4.3% (19% above the U.S. rate of 3.6%). 9.6% of residents live below the poverty line. The area is home to 25,382 business establishments, including 1,863 restaurants.

Housing & Cost of Living

The median home value in Monmouth Junction is $497,100 , 76% above the national median of $281,900. Zillow estimates the typical home at $697,014. Median rent is $1,880/month, with 23.6% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1993.

Education

72.9% of adults in Monmouth Junction hold a bachelor's degree or higher (116% above the national average). 96.0% have completed high school. Local schools score 6.7/10 in standardized testing.

Climate & Weather

Monmouth Junction has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 75°F in July. Annual precipitation totals 49.3 inches. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population9,457
Median Age40.2 yrs
Density2,159/mi²
Male / Female47% / 53%
Foreign Born48.7%
Veterans2.2%

Economy

A
Median Income$125,892
Per Capita$63,825
Unemployment4.3%
Poverty9.6%
County GDP$86,705M
Avg Weekly Wage$1,585

Housing

A
Home Value$497,100
Rent$1,880
Ownership63.4%
Zillow$697,014
Housing Units3,690
Rent Burden23.6%

Health

Obesity22.7%
Diabetes9.3%
Smoking7.1%
Heart Disease3.7%
Premature Death5,499/100K

Climate

Avg Temp53°F
Rain49.3 in/yr
AQI36 (Good)
Elevation109 ft

Education

A+
Bachelor's+72.9%
High School+96.0%
Graduate+32.6%
School Score6.7/10

Community

2024 VoteR 44% / D 53%
Commute35 min
Broadband97.5%
Internet Speed118 Mbps
EV Stations2
Libraries32

Did You Know?

The median home in Monmouth Junction was built in 1993.
25.4% work from home.
The nearest airport is Central Jersey Regional (10 miles).
The Gini coefficient (income inequality) is 0.432 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
4.3% of the population has a disability.
48.7% of residents are foreign-born.
Average internet download speed is 118 Mbps.
There are 1,863 restaurants in the area.
The county recorded 64 fatal vehicle crashes.