CENSUS TRACT
Census Tract 8007.02
New Jersey · Monmouth County · 3,681 residents · 1.428 sq mi
Notable rankings
#14lowest low rent in NJ#648 US$498#316highest household income in NJ$165,313#447highest home value in NJ$617,200#473highest commute in NJ35.0 minTRACT SHAPE · Monmouth County, NJ
The short version
Census Tract 8007.02 is significantly wealthier than the US average, with a median household income of $165,313. Population has held roughly steady since 2020. 51% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $617,200. Poverty is rare here, at 4.4% of residents. Households here earn about 32% more than the Monmouth County median.
At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 39.5
US median: 38.9
More educated
51% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
3,681
−2%since 2020
from 3,767 in 2020
2020 – 2024
Population density
2,578 / sq mi
−2%since 2020
from 2,638 / sq mi in 2020
US average: 281
Median age
39.5
−13%since 2020
from 45.3 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$165,313
+23%inflation adjusted, since 2020
from $110,515 in 2020
US average: $82,259
2020 – 2024
Per capita income
$65,348
+27%since 2020
from $51,623 in 2020
US average: $44,673
Households earning $100K+
69.0%
+7.3 ptssince 2020
from 61.7% in 2020
US average: 53.3%
Poverty rate
4.4%
+2.3 ptssince 2020
from 2.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.406
−8%since 2020
from 0.442 in 2020
US average: 0.476
Workforce by industry, 2024
Other services17%
Public administration17%
Information10.5%
Retail trade7.3%
Arts, entertainment, food5.9%
Transportation & warehousing2.5%
Wholesale trade2.3%
Finance & insurance1%
Professional, scientific, technical0.6%
Education & health services0.4%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$617,200
+15%inflation adjusted, since 2020
from $441,600 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$498
−25%inflation adjusted, since 2020
from $548 in 2020
US average: $1,442
Owner-occupied
79.3%
+1.3 ptssince 2020
from 78.0% in 2020
20.7% rent
Vacancy rate
0.5%
+0.5 ptssince 2020
from 0.0% in 2020
US average: 10.0%
Owner cost-burdened
17.2%
−11.0 ptssince 2020
from 28.2% in 2020
US average: 22.9%
Renter cost-burdened
54.6%
−11.5 ptssince 2020
from 66.1% in 2020
US average: 47.4%
Afford Score
3.7
−7%since 2020
from 4.0 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 8007.02 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic89.4%(3,366)
Black0.5%(18)
Hispanic / Latino6.7%(251)
Asian3.2%(122)
Other0.3%(10)
Diversity Score24.5%(923)
2024
White, non-Hispanic87.4%(3,217)
Black1%(37)
Hispanic / Latino7.5%(275)
Asian0.7%(24)
Other3.5%(128)
Diversity Score28.7%(1,055)
Diversity Score
29
+17%since 2020
from 25 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
51.0%
+3.9 ptssince 2020
from 47.1% in 2020
US average: 35.6%
High school or higher
94.1%
+0.6 ptssince 2020
from 93.6% in 2020
US average: 89.6%
Graduate degree
12.5%
−1.0 ptssince 2020
from 13.5% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
35.0 min
−5%since 2020
from 37.0 min in 2020
US average: 26.5
Drive alone to work
71.3%
−2.2 ptssince 2020
from 73.4% in 2020
US average: 68.9%
Carpooled to work
0.0%
−7.3 ptssince 2020
from 7.3% in 2020
US average: 8.5%
Public transit
7.1%
−2.0 ptssince 2020
from 9.1% in 2020
US average: 3.2%
Worked from home
20.4%
+10.2 ptssince 2020
from 10.2% in 2020
US average: 15.0%
Walked to work
0.7%
+0.7 ptssince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
9.1%
−2.3 ptssince 2020
from 11.4% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
3.9%
−0.5 ptssince 2020
from 4.4% in 2020
US average: 5.2%
Labor force participation
66.7%
+3.1 ptssince 2020
from 63.6% in 2020
US average: 63.5%
Self-employed
14.5%
−0.1 ptssince 2020
from 14.6% in 2020
US average: 13.1%
Management & professional
51.0%
+6.8 ptssince 2020
from 44.2% in 2020
US average: 42.5%
Section 08
People & community
Male
50.0%
−1.0 ptssince 2020
from 51.0% in 2020
Female
50.0%
+1.0 ptssince 2020
from 49.0% in 2020
Foreign born
5.3%
−3.3 ptssince 2020
from 8.5% in 2020
US average: 14.1%
Veterans
3.6%
−2.9 ptssince 2020
from 6.6% in 2020
US average: 6.2%
With a disability
10.4%
−0.8 ptssince 2020
from 11.2% in 2020
US average: 13.3%
Uninsured
3.3%
+0.3 ptssince 2020
from 3.0% in 2020
US average: 8.4%
Broadband at home
95.8%
+4.7 ptssince 2020
from 91.1% in 2020
US average: 91.0%
English only at home
97.0%
+6.0 ptssince 2020
from 91.0% in 2020
US average: 77.7%
Spanish at home
0.0%
−2.8 ptssince 2020
from 2.8% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 8007.02 to nearby tracts
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Frequently asked
How many people live in this census tract?
this census tract has about 3,681 residents according to the 2024 American Community Survey.
What is the median household income in this census tract?
The typical household in this census tract earns about $165,313 a year. Half of households make more than that, and half make less.
Is this census tract expensive?
In this census tract, the median home is worth about $617,200, and the typical rent is about $498 a month.
How educated are people in this census tract?
About 51.0% of adults age 25 and over in this census tract hold a bachelor's degree or higher.
What is the poverty rate in this census tract?
About 4.4% of people in this census tract live below the federal poverty line.
Keep going
Explore from here
Containing area
Monmouth CountyOther census tracts in Monmouth County
Census Tract 8104.02Census Tract 8033Census Tract 8048.01Census Tract 8119Census Tract 8096Census Tract 8102.02Census Tract 8015Census Tract 8111.02Census Tract 8106Census Tract 8125.01Census Tract 8021Census Tract 8095.03Census Tract 8112Census Tract 8113.01Census Tract 8032.02Census Tract 8115.01DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024