Rumson borough, New Jersey
CityPopulation: 7,265 (2023 estimate)
Located in New Jersey , New Jersey
Census Bureau data for Rumson 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 — Rumson borough
- What is the median household income in Rumson borough?
- The median household income in Rumson borough is $250,001 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Rumson borough?
- The poverty rate in Rumson borough is 0.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in Rumson borough?
- $1,609,400 (U.S. Census Bureau ACS 2023).
- What is the average rent in Rumson borough?
- The median gross rent in Rumson borough is $2,351 per month (U.S. Census Bureau ACS 2023).
- What percentage of Rumson borough residents have a college degree?
- 77.7% of adults in Rumson borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
7,265
Median Income
$250,001
Median Home Value
$1,609,400
Poverty Rate
0.7%
Unemployment (ACS 2023)
4.8%
Median Age
43.0 yrs
Since 2019
Median Income:
+$61,095 (+32.3%)
Home Value:
+$437,500 (+37.3%)
Poverty Rate:
+0.3 pp (+75%)
Bachelor's+:
+5.0 pp (+6.9%)
Unemployment:
+1.4 pp (+41.2%)
Demographics
Total Population
7,265
Median Age
43.0
Female
48.2%
Race & Ethnicity
Hispanic or Latino 3.8%
White (non-Hisp.) 93.2%
Black 0.1%
Asian 0.7%
Two or More 3.7%
Other 0.6%
Asian Subgroups (% of total pop.)
Chinese
0.3%
Indian
0.1%
Korean
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
1.2%
Puerto Rican
1.0%
Cuban
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$250,001
+$148,951 vs. state
Per Capita Income
$384,562
Median Family Income
$250,001
Poverty Rate
0.7%
-6.3 pp vs. state
Child Poverty Rate
0.8%
Working-Age Poverty Rate
—
SNAP Recipients
0.0%
Social Security Income
—
Retirement Income
25.9%
Household Income Distribution
< $10k
1.1%
$10–15k
0.5%
$15–25k
2.3%
$25–35k
3.0%
$35–50k
2.0%
$50–75k
5.1%
$75–100k
5.8%
$100–150k
9.0%
$150–200k
9.8%
$200k+
61.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,459
Owner-Occupied
93.2%
Renter-Occupied
6.8%
Vacancy Rate
4.4%
Median Home Value
$1,609,400
+$1,181,800 vs. state
Median Gross Rent
$2,351
Owner Cost Burden (30%+)
19.3%
Renter Cost Burden (30%+)
39.8%
Home Value Distribution
< $50k
0.8%
$100–200k
1.1%
$200–300k
1.0%
$300–500k
4.0%
$500k–$1M
21.1%
$1M+
72.0%
Gross Rent Distribution
$1–1.5k
17.8%
$1.5–2k
10.2%
$2–2.5k
31.4%
$3.5k+
40.7%
Vehicle Availability
No vehicle
1.3%
1 vehicle
18.1%
2 vehicles
44.5%
3+
36.1%
Housing Type
Single-fam. det.
96.7%
Single-fam. att.
1.4%
2–4 units
0.9%
5–19 units
0.4%
Housing Age
Pre-1940
23.1%
1940–1969
5.3%
1970–1999
8.4%
2000–2009
15.6%
2010+
9.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
98.7%
Bachelor's or Higher
77.7%
+34.8 pp vs. state
Graduate Degree
31.2%
Some College / Associate
9.5%
Less Than High School
0.2%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
62.3%
Unemployment Rate
4.8%
-1.4 pp vs. state
Work from Home
28.2%
Self-Employed
8.8%
Government Workers
9.4%
Private For-Profit
80.8%
Industry
Finance
28.7%
Edu/Health
19.1%
Prof. Services
16.3%
Retail
9.2%
Manufacturing
5.7%
Information
5.0%
Arts/Entmt.
4.4%
Public Admin
4.1%
Construction
3.0%
Agriculture
1.4%
Transportation
1.1%
Wholesale
1.0%
Occupation
Management
65.2%
Sales
19.0%
Food Prep
10.0%
Production
4.0%
Construction
1.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
43.5 min
Drove Alone
46.6%
Carpool
2.1%
Public Transit
15.8%
Work from Home
28.2%
Walked
5.1%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,352
Avg. Household Size
3.00
Avg. Family Size
—
Married-Couple Households
71.2%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
34.5%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.7%
5–9
7.0%
10–14
9.1%
15–19
8.8%
20–24
7.0%
25–34
4.6%
35–44
11.3%
45–54
16.2%
55–64
10.8%
65–74
4.2%
75–84
9.8%
85+
5.2%
Under 18: 26.4%
Working age (18–64): 73.6%
65 and over: 16.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
5.3%
Naturalized Citizen
69.4%
Speaks English Less Than Very Well
0.9%
Foreign-Born Origin
Europe
45.9%
Asia
29.3%
Latin America
16.6%
Africa
5.2%
Veterans & Disability
Veteran
3.2%
With a Disability
4.5%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.3%
Uninsured
1.7%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
99.1%
Has a Computer
98.7%
Same House 1 Year Ago
89.1%
Moved from Abroad
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023