Rumson, NJ

Census Place

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2023 Population

7,265

0.275% 1-year decline

US Senator

Cory Booker

Democratic Party

US Senator

Andy Kim

Democratic Party

2023 Median Age

43.1

0% 1-year change

2023 Poverty Rate

3.17%

12.2% 1-year decrease

2023 Median Household Income

$250,001

2023 Median Property Value

$1.61M

4.51% 1-year growth

2023 Employed Population

3,340

2.27% 1-year growth

About

In 2023, Rumson, NJ had a population of 7.27k people with a median age of 43.1 and a median household income of $250,001. Between 2022 and 2023 the population of Rumson, NJ declined from 7,285 to 7,265, a −0.275% decrease and its median household income stayed from $250,001 to $250,001, a 0% change.

The 5 largest ethnic groups in Rumson, NJ are White (Non-Hispanic) (93.2%), Two+ (Non-Hispanic) (2.06%), Two+ (Hispanic) (1.68%), White (Hispanic) (1.53%), and Asian (Non-Hispanic) (0.564%).

None of the households in Rumson, 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.

98.4% of the residents in Rumson, NJ are U.S. citizens.

In 2023, the median property value in Rumson, NJ was $1.61M, and the homeownership rate was 93.2%.

Most people in Rumson, NJ drove alone to work, and the average commute time was 43.5 minutes. The average car ownership in Rumson, NJ was 2 cars per household.

United States New Jersey Monmouth County, NJ New York-Newark-Jersey City, NY-NJ-PA Monmouth County (Northeast)--Red Bank, Northeast Middletown PUMA, NJ

Population & Diversity

Rumson, NJ is home to a population of 7.27k people, from which 98.4% are citizens. As of 2023, 5.31% of Rumson, NJ residents were born outside of the country (386 people).

In 2023, there were 45.1 times more White (Non-Hispanic) residents (6.77k people) in Rumson, NJ than any other race or ethnicity. There were 150 Two+ (Non-Hispanic) and 122 Two+ (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.4%

2023 Citizenship

99.3%

2022 Citizenship

As of 2023, 98.4% of Rumson, NJ residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Rumson, NJ was 99.3%, meaning that the rate of citizenship has been decreasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Rumson, NJ

White (Non-Hispanic)
6.77k ± 168
Two+ (Non-Hispanic)
150 ± 88.6
Two+ (Hispanic)
122 ± 92

3.76%

Hispanic Population

273 people

3.76% of the people in Rumson, NJ are hispanic (273 people).

The following chart shows the 7 races represented in Rumson, NJ as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.

Most Common Origin

India
273,669 ± 12,652 people
Dominican Republic
204,992 ± 10,992 people
Mexico
104,320 ± 7,885 people

In 2022, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,669 New Jersey residents, followed by Dominican Republic with 204,992 and Mexico with 104,320.

Foreign-Born Population

5.31%

2023 Foreign-Born Population

386 people

4.41%

2022 Foreign-Born Population

321 people

As of 2023, 5.31% of Rumson, NJ residents (386 people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Rumson, NJ was 4.41%, meaning that the rate has been increasing.

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

Military

Veterans

Most Common Service Period

Vietnam
108 ± 71
World War II
15 ± 24
Gulf War (2001-)
11 ± 32

Rumson, NJ has a large population of military personnel who served in Vietnam, 7.2 times greater than any other conflict.

Economy

The economy of Rumson, NJ employs 3.34k people. The largest industries in Rumson, NJ are Finance & Insurance (778 people), Professional, Scientific, & Technical Services (484 people), and Educational Services (375 people), and the highest paying industries are Finance & Insurance, & Real Estate & Rental & Leasing ($250,001), Finance & Insurance ($250,001), and Real Estate & Rental & Leasing ($250,001).

Males in New Jersey have an average income that is 1.36 times higher than the average income of females, which is $77,965. The income inequality in New Jersey (measured using the Gini index) is 0.489, which is higher than than the national average.

Employment

Occupations

3.34k

2023 Value

± 369

2.27%

1 Year growth

± 15.1%

From 2022 to 2023, employment in Rumson, NJ grew at a rate of 2.27%, from 3.27k employees to 3.34k employees.

The most common job groups, by number of people living in Rumson, NJ, are Management Occupations (801 people), Business & Financial Operations Occupations (558 people), and Sales & Related Occupations (447 people). This chart illustrates the share breakdown of the primary jobs held by residents of Rumson, NJ.

Unemployment Insurance Claims

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

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

3.34k

2023 Value

± 369

2.27%

1 Year growth

± 15.1%

From 2022 to 2023, employment in Rumson, NJ grew at a rate of 2.27%, from 3.27k employees to 3.34k employees.

The most common employment sectors for those who live in Rumson, NJ, are Finance & Insurance (778 people), Professional, Scientific, & Technical Services (484 people), and Educational Services (375 people). This chart shows the share breakdown of the primary industries for residents of Rumson, NJ, though some of these residents may live in Rumson, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$205,000

Median earning men ± $42,269

$57,944

Median earning women ± $16,911

The industries with the best median earnings for men in 2023 are Finance & Insurance, & Real Estate & Rental & Leasing ($250,001), Manufacturing ($228,750), and Transportation & Warehousing, & Utilities ($204,231).

The industries with the best median earnings for women in 2023 are Finance & Insurance, & Real Estate & Rental & Leasing ($181,458), Manufacturing ($116,484), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($100,625).

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.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

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

Measure

In 2022, 1.15% of men over 25 years of age had not completed any academic degree (no schooling), while 1.13% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

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

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (1.92M), Bachelors Degree (1.77M), and Some college (1.3M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Rumson, NJ was $1.61M in 2023, which is 5.3 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $1.54M to $1.61M, a 4.51% increase. The homeownership rate in Rumson, NJ is 93.2%, which is approximately the same as the national average of 65%.

People in Rumson, NJ have an average commute time of 43.5 minutes, and they drove alone to work. Car ownership in Rumson, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$1.61M

Median Property Value 2023

±$139,091

$2,193

Median Property Taxes

±$211

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 Rumson, NJ the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

93.2%

Homeownership

2023

58.5%

Homeowners with Mortgage

2023

In 2023, 93.2% of the housing units in Rumson, NJ were occupied by their owner. This percentage grew from the previous year's rate of 92.7%.

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Highest Median Household Income (Total)

Census Tract 8038
Census Tract 8039

The following map shows all of the places in Rumson, NJ colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$250,001

Median Household Income

± N/A

2.35k

Number of Households

± 220

In 2023, the median household income of the 2.35k households in Rumson, NJ stayed at $250,001 from the previous year's value of $250,001.

The following chart displays the households in Rumson, 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.

Wage Distribution

The closest comparable wage GINI for Rumson, NJ is from New Jersey.

0.489

2022 Wage GINI in New Jersey

0.49

2021 Wage GINI in New Jersey

In 2022, the income inequality in New Jersey was 0.489 according to the GINI calculation of the wage distribution. Income inequality had a 0.278% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.478. 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.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (46.6%)
Worked At Home (28.2%)
Public Transit (15.8%)

In 2023, 46.6% of workers in Rumson, NJ drove alone to work, followed by those who worked at home (28.2%) and those who used public transit to get to work (15.8%).

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.

Commute Time

43.5 minutes

Average Travel Time

Using averages, employees in Rumson, NJ have a longer commute time (43.5 minutes) than the normal US worker (26.6 minutes). Additionally, 16.8% of the workforce in Rumson, NJ have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

3.17% of the population for whom poverty status is determined in Rumson, NJ (229 out of 7.22k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 25 - 34, followed by Males 35 - 44 and then Females 55 - 64.

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

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

98.3% of the population of Rumson, NJ has health coverage, with 72.7% on employee plans, 1.79% on Medicaid, 12.8% on Medicare, 10.4% on non-group plans, and 0.633% on military or VA plans.

Primary care physicians in Monmouth County, NJ see 832 patients per year on average, which represents a 0.478% decrease from the previous year (836 patients). Compare this to dentists who see 973 patients per year, and mental health providers who see 319 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Monmouth County, NJ.

832 to 1

Patient to Primary Care Physician Ratio in Monmouth County, NJ

Primary care physicians in Monmouth County, NJ see an average of 832 patients per year. This represents a 0.478% decrease from the previous year (836 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Monmouth County, NJ in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 28.8% under 18 years, 12.5% between 18 and 34 years, 42.5% between 35 and 64 years, and 16.3% over 64 years.

By gender, of the total number of insured persons, 52.1% were men and 47.9% were women.

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

Uninsured People

1.71%

Uninsured

72.7%

Employer Coverage

1.79%

Medicaid

12.8%

Medicare

10.4%

Non-Group

0.633%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Rumson, NJ grew by 8.12% from 1.58% to 1.71%.

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

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