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CENSUS TRACT

Census Tract 8058

New Jersey · Monmouth County · 3,861 residents · 0.494 sq mi
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80418058
TRACT SHAPE · Monmouth County, NJ
The short version

Census Tract 8058 has notably lower household income than the US average, with a median household income of $57,146. Population has held roughly steady since 2020. Median home value has more than tripled since 2020, reaching $729,800. Households here earn about 54% less than the Monmouth County median. Despite a median home value of $729,800, the poverty rate sits 48% above the US average — a pattern often seen in resort and college towns.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 40.7
US median: 38.9
Average education
35% hold a bachelor's degree
US average: 36%
Less affordable
home values up 214%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,861
+1%since 2020
from 3,807 in 2020
2020 – 2024
Population density
7,816 / sq mi
+1%since 2020
from 7,706 / sq mi in 2020
US average: 281
Median age
40.7
+13%since 2020
from 35.9 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 8058
20244K
20202024
Section 02

Income & economy

Median household income
$57,146
+2%inflation adjusted, since 2020
from $46,422 in 2020
US average: $82,259
2020 – 2024
Per capita income
$51,049
+58%since 2020
from $32,300 in 2020
US average: $44,673
Households earning $100K+
41.2%
+10.1 ptssince 2020
from 31.1% in 2020
US average: 53.3%
Poverty rate
18.4%
−8.9 ptssince 2020
from 27.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.551
+9%since 2020
from 0.508 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade21.8%
US avg: 6.9%
Information8.8%
US avg: 10.8%
Other services8.6%
US avg: 6.7%
Retail trade7.8%
US avg: 9.9%
Public administration5%
US avg: 4.8%
Agriculture, forestry, fishing3.5%
US avg: 1.6%
Construction3.5%
US avg: 1.2%
Finance & insurance1.7%
US avg: 5.9%
Professional, scientific, technical1.7%
US avg: 5.1%
Transportation & warehousing1.1%
US avg: 2.2%
Arts, entertainment, food0.9%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$729,800
+214%inflation adjusted, since 2020
from $191,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,794
+2%inflation adjusted, since 2020
from $1,452 in 2020
US average: $1,442
Owner-occupied
26.8%
+8.8 ptssince 2020
from 18.0% in 2020
73.2% rent
Vacancy rate
10.9%
+2.0 ptssince 2020
from 9.0% in 2020
US average: 10.0%
Owner cost-burdened
9.0%
−21.0 ptssince 2020
from 29.9% in 2020
US average: 22.9%
Renter cost-burdened
54.0%
+7.8 ptssince 2020
from 46.3% in 2020
US average: 47.4%
Afford Score
12.8
+209%since 2020
from 4.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 8058 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic49.8%(1,896)
Black6%(227)
Hispanic / Latino38.3%(1,458)
Asian2.3%(88)
Other3.6%(138)
Diversity Score75%(2,855)
2024
White, non-Hispanic52.6%(2,031)
Black4%(154)
Hispanic / Latino33.6%(1,298)
Asian2.6%(102)
Other7.1%(276)
Diversity Score75.4%(2,910)
Diversity Score
75
Unchangedsince 2020
from 75 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
34.9%
+5.2 ptssince 2020
from 29.7% in 2020
US average: 35.6%
High school or higher
76.0%
+1.8 ptssince 2020
from 74.2% in 2020
US average: 89.6%
Graduate degree
16.4%
+3.2 ptssince 2020
from 13.3% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
35.1 min
Unchangedsince 2020
from 35.2 min in 2020
US average: 26.5
Drive alone to work
60.3%
+8.6 ptssince 2020
from 51.6% in 2020
US average: 68.9%
Carpooled to work
8.0%
−11.4 ptssince 2020
from 19.5% in 2020
US average: 8.5%
Public transit
7.8%
−4.9 ptssince 2020
from 12.7% in 2020
US average: 3.2%
Worked from home
8.6%
−1.9 ptssince 2020
from 10.4% in 2020
US average: 15.0%
Walked to work
12.9%
+9.3 ptssince 2020
from 3.6% in 2020
US average: 2.4%
Biked to work
1.0%
+1.0 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
24.4%
+5.3 ptssince 2020
from 19.1% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.4%
−0.2 ptssince 2020
from 6.6% in 2020
US average: 5.2%
Labor force participation
62.4%
−2.9 ptssince 2020
from 65.3% in 2020
US average: 63.5%
Self-employed
9.4%
+1.7 ptssince 2020
from 7.6% in 2020
US average: 13.1%
Management & professional
41.8%
+9.2 ptssince 2020
from 32.6% in 2020
US average: 42.5%
Section 08

People & community

Male
50.8%
+0.8 ptssince 2020
from 50.0% in 2020
Female
49.2%
−0.8 ptssince 2020
from 50.0% in 2020
Foreign born
32.7%
+1.2 ptssince 2020
from 31.4% in 2020
US average: 14.1%
Veterans
2.8%
−0.9 ptssince 2020
from 3.8% in 2020
US average: 6.2%
With a disability
9.1%
−5.5 ptssince 2020
from 14.6% in 2020
US average: 13.3%
Uninsured
19.8%
−5.1 ptssince 2020
from 24.9% in 2020
US average: 8.4%
Broadband at home
91.1%
+7.9 ptssince 2020
from 83.2% in 2020
US average: 91.0%
English only at home
53.0%
+1.0 ptssince 2020
from 52.0% in 2020
US average: 77.7%
Spanish at home
30.5%
−1.8 ptssince 2020
from 32.2% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 3,861 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 $57,146 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 $729,800, and the typical rent is about $1,794 a month.

How educated are people in this census tract?

About 34.9% 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 18.4% of people in this census tract live below the federal poverty line.

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

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