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Morganville, NJ

Full City Profile · New Jersey · Monmouth County County

3.8 /5.0
B+ Good
5,544 Population 1,023/sq mi density
$134,911 Median Income $74,279 per capita
$575,900 Home Value $829,630 Zillow
$2,677 Median Rent 27.5% income on rent
54°F Avg Temperature 275 sunny days/yr
80 Violent Crime/100K 835 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$134,911 median income, 1.3% unemployment
A
Affordability
4.3 / 5.0
$575,900 home value, $2,677/mo rent
F
Safety
1.0 / 5.0
80 violent crimes/100K
A+
Education
5.0 / 5.0
58.9% bachelor's degree or higher

Morganville, NJ

At a Glance

Median Income
$134,911
80% above
$74,279 per capita
Home Value
$575,900
104% above
Zillow: $829,630
Median Rent
$2,677/mo
130% above
27.5% of income on rent
Violent Crime
80/100K
79% below
835/100K property
Bachelor's Degree+
58.9%
75% above
97.4% high school+
Unemployment
1.3%
64% below
0.9% poverty rate
Obesity Rate
25.3%
21% below
7.7% smoking rate
Avg Temperature
54°F
275 sunny days/yr

How Morganville Compares to the U.S. Average

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

Income
180%
Home Value
204%
Rent
230%
Poverty
7%
Bachelor's
175%
Unemployment
36%
Crime
21%
Thin vertical line = U.S. national average (100%)

Is Morganville a Good Place to Live?

B+
3.8 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Morganville residents earn a median household income of $134,911 , which is 80% above the national average of $75,149. Per capita income is $74,279. The unemployment rate stands at 1.3% (64% below the U.S. rate of 3.6%). 0.9% 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 Morganville is $575,900 , 104% above the national median of $281,900. Zillow estimates the typical home at $829,630. Median rent is $2,677/month, with 27.5% 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 1990.

Safety & Crime

Morganville reports 80 violent crimes per 100,000 residents , which is 79% below the national average of 380/100K. Property crime is 835/100K.

Education

58.9% of adults in Morganville hold a bachelor's degree or higher (75% above the national average). 97.4% have completed high school. Local schools score 6.9/10 in standardized testing.

Climate & Weather

Morganville has an average annual temperature of 54°F (12°C). Winters average 32°F in January while summers reach 76°F in July. The area gets 275 sunny days per year. Annual precipitation totals 48.6 inches. Air quality is rated Good with a median AQI of 39.

Data Overview

People

Population5,544
Median Age46.0 yrs
Density1,023/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans4.5%

Economy

A+
Median Income$134,911
Per Capita$74,279
Unemployment1.3%
Poverty0.9%
County GDP$52,693M
Avg Weekly Wage$1,357

Housing

A
Home Value$575,900
Rent$2,677
Ownership87.7%
Zillow$829,630
Housing Units2,137
Rent Burden27.5%

Crime

F
Violent80/100K
Property835/100K

Health

Obesity25.3%
Diabetes7.4%
Smoking7.7%
Heart Disease3.8%
Premature Death5,710/100K

Climate

Avg Temp54°F
Sunny Days275/yr
Rain48.6 in/yr
AQI39 (Good)
Elevation263 ft

Education

A+
Bachelor's+58.9%
High School+97.4%
Graduate+35.2%
School Score6.9/10

Community

2024 VoteR 55% / D 43%
Commute38 min
Broadband96.2%
Internet Speed142 Mbps
EV Stations3
Libraries37

Did You Know?

The median home in Morganville was built in 1990.
18.8% work from home.
The nearest airport is Central Jersey Regional (22 miles).
The Gini coefficient (income inequality) is 0.477 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
13.6% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 142 Mbps.
There are 1,925 restaurants in the area.
The county recorded 46 fatal vehicle crashes.