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CENSUS TRACT

Census Tract 8079

New Jersey · Monmouth County · 4,117 residents · 1.829 sq mi
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8048.018048.028065.028065.038065.0480788080.018080.0280868079
TRACT SHAPE · Monmouth County, NJ
The short version

Census Tract 8079 is significantly wealthier than the US average, with a median household income of $118,347. Population has held roughly steady since 2020. Median home value is $435,200.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 41.2
US median: 38.9
Average education
32% 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
4,117
+1%since 2020
from 4,062 in 2020
2020 – 2024
Population density
2,251 / sq mi
+1%since 2020
from 2,221 / sq mi in 2020
US average: 281
Median age
41.2
Unchangedsince 2020
from 41.1 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 8079
20244K
20202024
Section 02

Income & economy

Median household income
$118,347
+10%inflation adjusted, since 2020
from $88,750 in 2020
US average: $82,259
2020 – 2024
Per capita income
$56,286
+37%since 2020
from $41,084 in 2020
US average: $44,673
Households earning $100K+
73.6%
+12.5 ptssince 2020
from 61.1% in 2020
US average: 53.3%
Poverty rate
10.2%
+4.1 ptssince 2020
from 6.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.401
+15%since 2020
from 0.350 in 2020
US average: 0.476
Workforce by industry, 2024
Information11.4%
US avg: 10.8%
Other services8.6%
US avg: 6.7%
Public administration4.1%
US avg: 4.8%
Retail trade3.2%
US avg: 9.9%
Finance & insurance2.7%
US avg: 5.9%
Professional, scientific, technical2.7%
US avg: 5.1%
Wholesale trade1.9%
US avg: 6.9%
Transportation & warehousing1.4%
US avg: 2.2%
Agriculture, forestry, fishing0.9%
US avg: 1.6%
Construction0.9%
US avg: 1.2%
Arts, entertainment, food0.5%
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
$435,200
+7%inflation adjusted, since 2020
from $335,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,630
+13%inflation adjusted, since 2020
from $1,914 in 2020
US average: $1,442
Owner-occupied
72.3%
+8.2 ptssince 2020
from 64.1% in 2020
27.7% rent
Vacancy rate
5.3%
−4.4 ptssince 2020
from 9.7% in 2020
US average: 10.0%
Owner cost-burdened
46.2%
+15.7 ptssince 2020
from 30.5% in 2020
US average: 22.9%
Renter cost-burdened
32.2%
−2.5 ptssince 2020
from 34.6% in 2020
US average: 47.4%
Afford Score
3.7
−3%since 2020
from 3.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 8079 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic55.6%(2,257)
Black25.4%(1,033)
Hispanic / Latino10.2%(413)
Asian3.8%(154)
Other5%(205)
Diversity Score76.5%(3,109)
2024
White, non-Hispanic33.7%(1,389)
Black38.5%(1,587)
Hispanic / Latino18.7%(770)
Asian4.6%(191)
Other4.4%(180)
Diversity Score87.3%(3,595)
Diversity Score
87
+14%since 2020
from 77 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
31.7%
−5.8 ptssince 2020
from 37.5% in 2020
US average: 35.6%
High school or higher
92.9%
−0.8 ptssince 2020
from 93.7% in 2020
US average: 89.6%
Graduate degree
12.4%
+2.7 ptssince 2020
from 9.7% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.7 min
−14%since 2020
from 27.5 min in 2020
US average: 26.5
Drive alone to work
76.4%
−5.1 ptssince 2020
from 81.5% in 2020
US average: 68.9%
Carpooled to work
9.6%
+3.1 ptssince 2020
from 6.5% in 2020
US average: 8.5%
Public transit
3.6%
+3.2 ptssince 2020
from 0.4% in 2020
US average: 3.2%
Worked from home
9.5%
−0.8 ptssince 2020
from 10.2% in 2020
US average: 15.0%
Walked to work
0.0%
Unchangedsince 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
2.9%
−1.0 ptssince 2020
from 3.9% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.7%
−3.2 ptssince 2020
from 8.9% in 2020
US average: 5.2%
Labor force participation
70.7%
−0.4 ptssince 2020
from 71.1% in 2020
US average: 63.5%
Self-employed
14.0%
+1.1 ptssince 2020
from 12.8% in 2020
US average: 13.1%
Management & professional
49.1%
+11.4 ptssince 2020
from 37.8% in 2020
US average: 42.5%
Section 08

People & community

Male
50.9%
−1.8 ptssince 2020
from 52.7% in 2020
Female
49.1%
+1.8 ptssince 2020
from 47.3% in 2020
Foreign born
19.6%
+10.0 ptssince 2020
from 9.7% in 2020
US average: 14.1%
Veterans
3.0%
−6.4 ptssince 2020
from 9.3% in 2020
US average: 6.2%
With a disability
13.8%
−3.4 ptssince 2020
from 17.2% in 2020
US average: 13.3%
Uninsured
6.5%
−2.9 ptssince 2020
from 9.4% in 2020
US average: 8.4%
Broadband at home
96.3%
+3.2 ptssince 2020
from 93.1% in 2020
US average: 91.0%
English only at home
74.9%
−13.3 ptssince 2020
from 88.2% in 2020
US average: 77.7%
Spanish at home
10.1%
+2.6 ptssince 2020
from 7.4% 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 4,117 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 $118,347 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 $435,200, and the typical rent is about $2,630 a month.

How educated are people in this census tract?

About 31.7% 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 10.2% 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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