Red Bank, NJ

Census Place

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2024 Population
12,862
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Median Age
39.4
0.756% 1-year decrease
2024 Poverty Rate
8.69%
2.2% 1-year decrease
2024 Median Household Income
$97,477
4.19% 1-year decline
2024 Median Property Value
$504,900
5.85% 1-year growth
2024 Employed Population
7,345
3.6% 1-year growth

About

None of the households in Red Bank, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

87.4% of the residents in Red Bank, NJ are U.S. citizens.

In 2024, the median property value in Red Bank, NJ was $504,900, and the homeownership rate was 50.1%.

Most people in Red Bank, NJ drove alone to work, and the average commute time was 32.6 minutes. The average car ownership in Red Bank, NJ was 2 cars per household.

United StatesNew JerseyMonmouth County, NJNew York-Newark-Jersey City, NY-NJ-PAMonmouth County (Southeast)--Long Branch, Asbury Park & Eatontown PUMA, NJMonmouth County (Northeast)--Red Bank, Northeast Middletown PUMA, NJMonmouth County (Northwest)--Matawan & Aberdeen PUMA, NJ

Population & Diversity

Red Bank, NJ is home to a population of 12.9k people, from which 87.4% are citizens. As of 2024, 18.2% of Red Bank, NJ residents were born outside of the country (2.34k people).

In 2024, there were 4.79 times more White (Non-Hispanic) residents (7.53k people) in Red Bank, NJ than any other race or ethnicity. There were 1.57k Other (Hispanic) and 982 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

87.4%
2024 Citizenship
87.3%
2023 Citizenship

As of 2024, 87.4% of Red Bank, NJ residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Red Bank, NJ was 87.3%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Red Bank, NJ compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Red Bank, NJ
  1. White (Non-Hispanic)
    7.53k ± 605
  2. Other (Hispanic)
    1.57k ± 468
  3. Two Races Including Other (Hispanic)
    982 ± 394
31.9%
Hispanic Population
4.1k people

In 2024, there were 4.79 times more White (Non-Hispanic) residents (7.53k people) in Red Bank, NJ than any other race or ethnicity. There were 1.57k Other (Hispanic) and 982 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

31.9% of the people in Red Bank, NJ are hispanic (4.1k people).

The following chart shows the 8 races represented in Red Bank, NJ as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

18.2%
2024 Foreign-Born Population
2.34k people
18.3%
2023 Foreign-Born Population
2.36k people

As of 2024, 18.2% of Red Bank, NJ residents (2.34k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Red Bank, NJ was 18.3%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Red Bank, NJ compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    168 ± 137
  2. Gulf War (1990s)
    97 ± 91
  3. Gulf War (2001-)
    41 ± 64

Red Bank, NJ has a large population of military personnel who served in Vietnam, 1.73 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Red Bank, NJ.

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Economy

The economy of Red Bank, NJ employs 7.35k people. In 2024, the largest industries in Red Bank, NJ were Retail Trade (1,054 people), Professional, Scientific, & Technical Services (952 people), and Educational Services (859 people), and the highest paying industries were Real Estate & Rental & Leasing ($154,559), Finance & Insurance, & Real Estate & Rental & Leasing ($122,578), and Finance & Insurance ($108,932).

Employment

Occupations

7.35k
2024 Value
± 664
3.6%
1 Year growth
± 12.7%

From 2023 to 2024, employment in Red Bank, NJ grew at a rate of 3.6%, from 7.09k employees to 7.35k employees.

The most common job groups, by number of people living in Red Bank, NJ, are Management Occupations (906 people), Business & Financial Operations Occupations (763 people), and Education Instruction, & Library Occupations (750 people). This chart illustrates the share breakdown of the primary jobs held by residents of Red Bank, NJ.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

7.35k
2024 Value
± 664
3.6%
1 Year growth
± 12.7%

From 2023 to 2024, employment in Red Bank, NJ grew at a rate of 3.6%, from 7.09k employees to 7.35k employees.

The most common employment sectors for those who live in Red Bank, NJ, are Retail Trade (1,054 people), Professional, Scientific, & Technical Services (952 people), and Educational Services (859 people). This chart shows the share breakdown of the primary industries for residents of Red Bank, NJ, though some of these residents may live in Red Bank, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$71,603
Median earning men ± $6,126
$60,918
Median earning women ± $11,346

The industries with the best median earnings for men in 2024 are Information ($154,406), Finance & Insurance, & Real Estate & Rental & Leasing ($127,022), and Educational Services, & Health Care & Social Assistance ($85,432).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($101,500), Information ($78,825), and Educational Services, & Health Care & Social Assistance ($72,622).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Housing & Living

The median property value in Red Bank, NJ was $504,900 in 2024, which is 1.52 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $477,000 to $504,900, a 5.85% increase. The homeownership rate in Red Bank, NJ is 50.1%, which is lower than the national average of 65.2%.

People in Red Bank, NJ have an average commute time of 32.6 minutes, and they drove alone to work. Car ownership in Red Bank, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$504,900
Median Property Value 2024
±$63,340
$2,995
Median Property Taxes
±$392

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Red Bank, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Red Bank, NJ compared to it's parent and neighbor geographies.

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Rent vs Own

50.1%
Homeownership
2024
66.3%
Homeowners with Mortgage
2024

In 2024, 50.1% of the housing units in Red Bank, NJ were occupied by their owner. This percentage declined from the previous year's rate of 50.1%.

This chart shows the percentage of owner in Red Bank, NJ compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$97,477
Median Household Income
± $12,660
5.98k
Number of Households
± 665

In 2024, the median household income of the 5.98k households in Red Bank, NJ declined from $97,477 from the previous year's value of $101,738.

The following chart displays the households in Red Bank, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Red Bank, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (56.8%)
  2. Worked At Home (18.5%)
  3. Carpooled (6.54%)

In 2024, 56.8% of workers in Red Bank, NJ drove alone to work, followed by those who worked at home (18.5%) and those who carpooled to work (6.54%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

32.6 minutes
Average Travel Time

Using averages, employees in Red Bank, NJ have a longer commute time (32.6 minutes) than the normal US worker (26.4 minutes). Additionally, 8.06% of the workforce in Red Bank, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Red Bank, NJ compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Red Bank, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Red Bank, NJ have 2 cars.

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Poverty

Poverty & Diversity

8.69% of the population for whom poverty status is determined in Red Bank, NJ (1.1k out of 12.6k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Females 55 - 64 and then Males 45 - 54.

The most common racial or ethnic group living below the poverty line in Red Bank, NJ is Hispanic, followed by White and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

89.7% of the population of Red Bank, NJ has health coverage, with 47.5% on employee plans, 16.2% on Medicaid, 14.8% on Medicare, 11.1% on non-group plans, and 0% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 49.5% were men and 50.5% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 19.8% under 18 years, 22.4% between 18 and 34 years, 37.8% between 35 and 64 years, and 20.1% over 64 years.

By gender, of the total number of insured persons, 49.5% were men and 50.5% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

10.3%
Uninsured
47.5%
Employer Coverage
16.2%
Medicaid
14.8%
Medicare
11.1%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Red Bank, NJ grew by 0.485% from 10.3% to 10.3%.

The following chart shows how the percent of uninsured individuals in Red Bank, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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