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Shrewsbury, NJ
Full City Profile · New Jersey · Monmouth County County
3.7
/5.0
B+
Good
4,162
Population
1,927/sq mi density
$144,500
Median Income
$71,092 per capita
$735,900
Home Value
$923,272 Zillow
$3,300
Median Rent
51.0% income on rent
54°F
Avg Temperature
271 sunny days/yr
146
Violent Crime/100K
2,135 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$144,500 median income, 2.8% unemployment
B+
Affordability
3.8 / 5.0
$735,900 home value, $3,300/mo rent
F
Safety
1.0 / 5.0
146 violent crimes/100K
A+
Education
5.0 / 5.0
65.0% bachelor's degree or higher
Income Overview
Median Household Income
$144,500
92% above
US avg: $75,149
Per Capita Income
$71,092
82% above
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
1.8%
85% below
US avg: 12.4%
Income Comparison: Shrewsbury vs. U.S. Average
Each bar shows Shrewsbury’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$144,500
192%
Per Capita
US: $39,052
$71,092
182%
IRS Avg AGI
US: $72,000
$138,949
193%
Avg Weekly Wage
US: $1,432
$1,357
95%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,357
5% below US avg ($1,432)
Mean Commute Time
31 min
13% above US avg (28 min)
Work From Home
22.4%
47% above US avg (15.2%)
Drive Alone
68.1%
7% below US avg (73.2%)
Public Transit
7.6%
51% above US avg (5.0%)
County GDP
$52,693M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
68.1%
Public Transit
7.6%
Work From Home
22.4%
Other
1.9%
Average commute time
31 minutes
US avg: 28 min
Business Landscape
Total Establishments
21,968
Restaurants
1,925
Healthcare
2,730
Retail
2,557
Manufacturing
419
Tax & Financial
IRS Avg Adjusted Gross Income
$138,949
93% above US avg ($72,000)
Avg Property Tax
$12,205
249% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $144,500 |
| Per Capita Income | $71,092 |
| IRS Avg Adjusted Gross Income | $138,949 |
| Avg Weekly Wage | $1,357 |
| County GDP | $52,693M |
Hardship Indicators
| Unemployment Rate | 2.8% |
| Poverty Rate | 1.8% |
| Gini Coefficient | 0.477 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 31 minutes |
| Drive Alone | 68.1% |
| Public Transit | 7.6% |
| Work From Home | 22.4% |
Businesses
| Total Establishments | 21,968 |
| Restaurants | 1,925 |
| Healthcare | 2,730 |
| Retail | 2,557 |
| Manufacturing | 419 |
Tax
| IRS Avg AGI | $138,949 |
| Avg Property Tax | $12,205 |