SiftAO
PricingSourcesAbout
← Back to Markets
Market AnalysisUpdated March 2026

Monmouth County, NJ — Market Snapshot

Real estate market data for Monmouth County, New Jersey. Census demographics, rental trends, and economic indicators for investors and developers.

Population

643,615

ACS 2023

Median Household Income

$133,792

ACS 2023

Renter-Occupied

25%

ACS 2023

Median Rent

$1,810/mo

ACS 2023

Source: U.S. Census Bureau, American Community Survey 2023

Population & Income Profile

Age Distribution

Under 19
23.4%
Ages 20–29
11.4%
Ages 30–39
11.4%
Ages 40–49
12.2%
Ages 50–59
15.2%
Ages 60–69
14.0%
Over 70
12.5%

Household Income Distribution

Under $30K
12.0%
$30K–$50K
9.0%
$50K–$75K
00.0%
$75K–$100K
00.0%
$100K–$150K
00.0%
Above $150K
00.0%

🔒 Unlock full income breakdown

See complete distribution + ZIP-level income mapping

Explore Dashboard →

Source: U.S. Census Bureau, American Community Survey 2023

Housing Affordability

Affordability Label

Moderate (4-5x)

ACS 2023

Price-to-Income Ratio

6.9x

Redfin SFR ÷ FRED Per Capita Income
Very Affordable (<3x)Moderate (3–5x)Expensive (5–7x)Very Expensive (>7x)
6.9x

At 6.9x price-to-income, median home prices in Monmouth County are elevated relative to income.

Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).

Housing Market Overview

Median Home Value
$725,000
Median Gross Rent
$1,810/mo
Homeownership Rate
75%
Typical Monthly Housing Cost(owner-occupied w/ mortgage)
$2,248/mo
Median Annual Property Tax(ACS estimate)
$9,211
Vacancy Rate
Dashboard

Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.

Home Price Index

Monmouth County HPI

320.1

FRED Q4 2025

Since 2020

+64.2%

vs. 2020 baseline

Monmouth County home values have appreciated 64.2% since 2020, trailing the New Jersey statewide average of 72.9%.

Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.

Investment Analysis

Powered by siftAO

A

Market Tier

Bawa Score: 75 / 100

Grade and score are always visible. Factor breakdown requires a free account.

See the full breakdown before you commit to this market.

Full Neal Bawa factor breakdown, income screening, unemployment analysis, and ZIP-level signals.

Economic Indicators

Unemployment Rate
4.1%
Per Capita Personal Income
$104,887
Labor Force
324,523
GDP
$42B
Building Permits
2,782

▲ +5.5% since 2020

State Overview

State Tax Revenue (quarterly)millions USD, not seasonally adjusted
$12.2B
State Home Price Index
939.3
State GDP
$846B

Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.

Nearby Markets

Ready to go deeper on Monmouth County?

Get ZIP-level demographics, census tract maps, vacancy rates, rent trends, and full investor screening — all in one dashboard.