Red Bank borough, New Jersey
CityPopulation: 12,864 (2023 estimate)
Located in New Jersey , New Jersey
Census Bureau data for Red Bank borough from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Red Bank borough
- What is the median household income in Red Bank borough?
- The median household income in Red Bank borough is $101,738 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Red Bank borough?
- The poverty rate in Red Bank borough is 7.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in Red Bank borough?
- $477,000 (U.S. Census Bureau ACS 2023).
- What is the average rent in Red Bank borough?
- The median gross rent in Red Bank borough is $1,985 per month (U.S. Census Bureau ACS 2023).
- What percentage of Red Bank borough residents have a college degree?
- 52.0% of adults in Red Bank borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
12,864
Median Income
$101,738
Median Home Value
$477,000
Poverty Rate
7.0%
Unemployment (ACS 2023)
3.1%
Median Age
39.0 yrs
Since 2019
Median Income:
+$27,557 (+37.1%)
Home Value:
+$72,600 (+18%)
Poverty Rate:
-3.9 pp (-35.8%)
Bachelor's+:
+7.8 pp (+17.6%)
Unemployment:
-1.9 pp (-38%)
Demographics
Total Population
12,864
Median Age
39.0
Female
50.2%
Race & Ethnicity
Hispanic or Latino 31.0%
White (non-Hisp.) 58.3%
Black 7.1%
Asian 1.4%
Two or More 11.1%
Other 12.2%
Asian Subgroups (% of total pop.)
Chinese
0.9%
Korean
0.2%
Vietnamese
0.2%
Indian
0.1%
Filipino
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
23.3%
Puerto Rican
1.6%
Cuban
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$101,738
±$9,103
+$688 vs. state
Per Capita Income
$147,380
Median Family Income
$119,884
Poverty Rate
7.0%
+0.0 pp vs. state
Child Poverty Rate
10.9%
Working-Age Poverty Rate
—
SNAP Recipients
4.4%
Social Security Income
—
Retirement Income
20.5%
Household Income Distribution
< $10k
3.5%
$10–15k
4.2%
$15–25k
6.0%
$25–35k
4.5%
$35–50k
9.0%
$50–75k
9.9%
$75–100k
11.9%
$100–150k
16.9%
$150–200k
12.8%
$200k+
21.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
6,184
Owner-Occupied
50.1%
Renter-Occupied
49.9%
Vacancy Rate
4.6%
Median Home Value
$477,000
+$49,400 vs. state
Median Gross Rent
$1,985
Owner Cost Burden (30%+)
21.3%
Renter Cost Burden (30%+)
39.6%
Home Value Distribution
< $50k
3.2%
$50–100k
1.9%
$100–200k
5.4%
$200–300k
6.1%
$300–500k
29.8%
$500k–$1M
45.4%
$1M+
2.4%
Gross Rent Distribution
< $500
9.9%
$500–1k
2.1%
$1–1.5k
11.0%
$1.5–2k
27.7%
$2–2.5k
19.5%
$2.5–3.5k
8.5%
$3.5k+
21.2%
Vehicle Availability
No vehicle
13.6%
1 vehicle
41.0%
2 vehicles
35.9%
3+
9.5%
Housing Type
Single-fam. det.
42.3%
Single-fam. att.
8.7%
2–4 units
6.1%
5–19 units
5.3%
20+ units
22.7%
Housing Age
Pre-1940
35.9%
1940–1969
6.0%
1970–1999
13.6%
2000–2009
4.1%
2010+
3.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
88.3%
Bachelor's or Higher
52.0%
+9.1 pp vs. state
Graduate Degree
23.3%
Some College / Associate
9.3%
Less Than High School
8.3%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
69.8%
Unemployment Rate
3.1%
-3.1 pp vs. state
Work from Home
13.5%
Self-Employed
7.6%
Government Workers
9.9%
Private For-Profit
82.1%
Industry
Edu/Health
23.5%
Prof. Services
21.3%
Retail
13.6%
Arts/Entmt.
10.2%
Finance
9.2%
Construction
5.3%
Information
4.2%
Manufacturing
3.9%
Transportation
2.3%
Public Admin
1.1%
Agriculture
0.5%
Wholesale
0.3%
Occupation
Management
54.7%
Food Prep
17.9%
Sales
16.7%
Production
5.5%
Construction
5.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
30.9 min
Drove Alone
64.3%
Carpool
6.7%
Public Transit
4.8%
Work from Home
13.5%
Walked
5.2%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
5,902
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
37.1%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
13.2%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.7%
5–9
6.0%
10–14
7.5%
15–19
3.9%
20–24
3.4%
25–34
15.4%
35–44
15.6%
45–54
9.7%
55–64
6.2%
65–74
6.4%
75–84
12.3%
85+
4.8%
Under 18: 21.1%
Working age (18–64): 78.9%
65 and over: 21.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
18.3%
Naturalized Citizen
30.6%
Speaks English Less Than Very Well
11.7%
Foreign-Born Origin
Latin America
78.4%
Europe
10.5%
Asia
4.7%
Africa
0.5%
Veterans & Disability
Veteran
5.3%
With a Disability
7.9%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
89.7%
Uninsured
10.3%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
92.1%
Has a Computer
97.6%
Same House 1 Year Ago
89.6%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023