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CITY · 2020 ACS

Leonardo

New Jersey · 2,549 residents · 0.594 sq mi
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The short version

Leonardo is significantly wealthier than the US average, with a median household income of $108,571. Population has declined 10% since 2000. Median home value has more than doubled since 2000, reaching $309,600. Poverty is rare here, at 2.3% of residents. Households here earn about 27% more than the New Jersey median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 43.7
US median: 38.8
Average education
36% hold a bachelor's degree
US average: 33%
Less affordable
home values up 39%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,549
−10%since 2000
from 2,823 in 2000
1990 – 2024
Population density
4,291 / sq mi
−10%since 2000
from 4,753 / sq mi in 2000
US average: 280
Median age
43.7
+19%since 2000
from 36.8 in 2000
US average: 38.8
Population, 1990 – 2024
2K3K3K3K4K1990201020202024Leonardo
20242K
1990201020202024
Section 02

Income & economy

Median household income
$108,571
+12%inflation adjusted, since 2000
from $64,432 in 2000
US average: $66,278
1990 – 2024
Per capita income
$43,960
+88%since 2000
from $23,422 in 2000
US average: $35,364
Households earning $100K+
67.4%
+19.6 ptssince 2009
from 47.8% in 2009
US average: 43.9%
Poverty rate
2.3%
−1.8 ptssince 2000
from 4.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Information19.5%
US avg: 11.1%
Wholesale trade10.3%
US avg: 6.7%
Finance & insurance5.2%
US avg: 5.5%
Retail trade3.3%
US avg: 10%
Professional, scientific, technical3.2%
US avg: 4.7%
Other services3.2%
US avg: 6.6%
Public administration3.2%
US avg: 4.7%
Transportation & warehousing2.6%
US avg: 2.5%
Education & health services2%
US avg: 0.8%
Arts, entertainment, food1.5%
US avg: 2%
Agriculture, forestry, fishing0.8%
US avg: 1.7%
Construction0.8%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$309,600
+39%inflation adjusted, since 2000
from $148,200 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,400
+4%inflation adjusted, since 2000
from $896 in 2000
US average: $1,124
Owner-occupied
82.2%
−3.5 ptssince 2000
from 85.7% in 2000
17.8% rent
Afford Score
2.9
+24%since 2000
from 2.3 in 2000
1990 – 2024
RELATED:See current rent listings in Leonardo on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93.2%(2,632)
Black0.5%(15)
Hispanic / Latino4.9%(137)
Asian0.5%(14)
Other0%
Diversity Score14.1%(398)
2020
White, non-Hispanic86.5%(2,204)
Black1%(26)
Hispanic / Latino9.2%(235)
Asian0.6%(16)
Other0%(0)
Diversity Score25.2%(643)
Diversity Score
25
+79%since 2000
from 14 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
35.8%
+18.9 ptssince 2000
from 16.9% in 2000
US average: 32.9%
High school or higher
95.1%
+5.8 ptssince 2000
from 89.2% in 2000
US average: 88.5%
Graduate degree
7.9%
+5.1 ptssince 2000
from 2.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
34.3 min
+30%since 2000
from 26.4 min in 2000
US average: 26.9
Drive alone to work
80.4%
+2.8 ptssince 2009
from 77.5% in 2009
US average: 75.1%
No vehicle available
3.1%
−2.9 ptssince 2009
from 6.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.1%
−3.7 ptssince 2011
from 7.8% in 2011
US average: 5.4%
Labor force participation
71.2%
+0.7 ptssince 2011
from 70.5% in 2011
US average: 63.4%
Management & professional
43.7%
−10.9 ptssince 2009
from 54.6% in 2009
US average: 39.3%
Section 08

People & community

Male
49.0%
−4.5 ptssince 2009
from 53.5% in 2009
Female
51.0%
+4.5 ptssince 2009
from 46.5% in 2009
Foreign born
4.9%
−2.6 ptssince 2009
from 7.5% in 2009
US average: 13.5%
Uninsured
3.1%
−83.0 ptssince 2013
from 86.1% in 2013
US average: 8.8%
Drill deeper

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Compare Leonardo to nearby cities

LEONARDO VS
Red Bank
Income$97,477−10%
Home value$504,900+63%
Population12,896+417%
SEE FULL COMPARISON →
LEONARDO VS
Keansburg
Income$81,428−25%
Home value$311,800+1%
Population9,818+294%
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LEONARDO VS
Eatontown
Income$90,463−17%
Home value$492,400+59%
Population13,607+446%
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LEONARDO VS
Matawan
Income$123,354+14%
Home value$467,800+51%
Population9,768+292%
SEE FULL COMPARISON →
Frequently asked

How many people live in Leonardo, New Jersey?

Leonardo, New Jersey has about 2,549 residents according to the 2020 American Community Survey.

What is the median household income in Leonardo, New Jersey?

The typical household in Leonardo, New Jersey earns about $108,571 a year. Half of households make more than that, and half make less.

Is Leonardo, New Jersey expensive?

In Leonardo, New Jersey, the median home is worth about $309,600, and the typical rent is about $1,400 a month.

How educated are people in Leonardo, New Jersey?

About 35.8% of adults age 25 and over in Leonardo, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Leonardo, New Jersey?

About 2.3% of people in Leonardo, New Jersey live below the federal poverty line.

Has Leonardo, New Jersey grown since 1990?

Yes, Leonardo, New Jersey has shrunk since 1990. The population has lost about 1,239 residents, a change of about -33 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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