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Monmouth County, NJ&

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Population
628,715
-0.09% decline
Median Age
42.9
Median Household Income
$87,092
-1.49% decline
Poverty Rate
7.4%
Number of Employees
311,403
-0.89% decline
Median Property Value
$396,000
2.09% growth

About the photo: The boardwalk at Asbury Park

Economy

The economy of Monmouth County, NJ employs 311,403 people. The economy of Monmouth County, NJ is specialized in Information; Finance & Insurance; and Utilities, which employ respectively 1.88; 1.65; and 1.29 times more people than what would be expected in a location of this size. The largest industries in Monmouth County, NJ are Healthcare & Social Assistance (43,020), Retail trade (36,510), and Educational Services (29,089), and the highest paying industries are Finance & Insurance ($96,017), Utilities ($81,272), and Mining, Quarrying, Oil, Gas Extraction ($79,516).

Median household income in Monmouth County, NJ is $87,092. Males in Monmouth County, NJ have an average income that is 1.4 times higher than the average income of females, which is $58,643. The income inequality of Monmouth County, NJ (measured using the Gini index) is 0.499 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Monmouth County, NJ. In Monmouth County, NJ the age groups most likely to have health care coverage are 6-17 and 45-54, men and women, respectively. The location has a 1 to 113 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,264. Essex County, NJ has the highest prevalence of homicides of any county in New Jersey.

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Showing data across all counties in New Jersey.

Insurance Coverage by Age and Gender

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Diversity

Monmouth County, NJ is home to a population of 628,715 people, from which 94.6% are citizens. The ethnic composition of the population of Monmouth County, NJ is composed of 472,214 White residents (75.1%), 67,329 Hispanic residents (10.7%), 43,772 Black residents (6.96%), 33,488 Asian residents (5.33%), and 8,661 Two+ residents (1.38%). The most common foreign languages in Monmouth County, NJ are Spanish (42,289 speakers), Chinese (7,755 speakers), and Italian (5,930 speakers), but compared to other places, Monmouth County, NJ has a relative high number of Italian (5,930 speakers), Portuguese (5,745 speakers), and Gujarati (2,543 speakers).

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Education

In 2015 universities in Monmouth County, NJ awarded 4,253 degrees. The student population of Monmouth County, NJ is skewed towards females, with 1,658 male students and 2,595 female students. Most students in Monmouth County, NJ are White (3,164 and 74.4%), followed by Hispanic or Latino (394 and 9.3%), Black or African American (297 and 6.98%), and Unknown (148 and 3.48%). The largest universities in Monmouth County, NJ by number of graduates are Brookdale Community College (2,104 and 49.5%), Monmouth University (1,972 and 46.4%), and Medical Career Institute (75 and 1.76%). The most popular majors in Monmouth County, NJ are General Business Administration & Management (394 and 9.3%), Liberal Arts & Sciences (315 and 7.41%), and General Social Sciences (261 and 6.14%). The median tuition costs in Monmouth County, NJ are N/A for private four year colleges, and $33,028 and $33,028 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Monmouth County, NJ is $396,000, which is 2.04 times larger than the national average of $194,500. Between 2014 and 2015 the median property value increased from $387,900 to $396,000, a 2.09% increase. The homeownership rate of Monmouth County, NJ is 73.5%, which is higher than the national average of 63%. People in Monmouth County, NJ have an average commute time of 32.7 minutes, and they commute by Drove Alone. Car ownership in Monmouth County, NJ is approximately the same as the national average, with an average of 2 cars per household.

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