Rumson, NJ

Census Place

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2024 Population
7,241
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Median Age
44.4
3.02% 1-year increase
2024 Poverty Rate
3.24%
2.06% 1-year increase
2024 Median Household Income
$250,001
2024 Median Property Value
$1.68M
4.34% 1-year growth
2024 Employed Population
3,488
4.43% 1-year growth

About

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.

97.7% of the residents in Rumson, NJ are U.S. citizens.

In 2024, the median property value in Rumson, NJ was $1.68M, and the homeownership rate was 92.9%.

Most people in Rumson, NJ drove alone to work, and the average commute time was 45 minutes. The average car ownership in Rumson, NJ was 2 cars per household.

United StatesNew JerseyMonmouth County, NJNew York-Newark-Jersey City, NY-NJ-PAMonmouth County (Northeast)--Red Bank, Northeast Middletown PUMA, NJ

Population & Diversity

Rumson, NJ is home to a population of 7.24k people, from which 97.7% are citizens. As of 2024, 5.61% of Rumson, NJ residents were born outside of the country (406 people).

In 2024, there were 28.5 times more White (Non-Hispanic) residents (6.48k people) in Rumson, NJ than any other race or ethnicity. There were 227 Two Races Including Other (Non-Hispanic) and 160 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

97.7%
2024 Citizenship
98.4%
2023 Citizenship

As of 2024, 97.7% of Rumson, NJ residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Rumson, NJ was 98.4%, 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.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Rumson, NJ
  1. White (Non-Hispanic)
    6.48k ± 294
  2. Two Races Including Other (Non-Hispanic)
    227 ± 240
  3. Two Races Including Other (Hispanic)
    160 ± 109
4.29%
Hispanic Population
311 people

In 2024, there were 28.5 times more White (Non-Hispanic) residents (6.48k people) in Rumson, NJ than any other race or ethnicity. There were 227 Two Races Including Other (Non-Hispanic) and 160 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

4.29% of the people in Rumson, NJ are hispanic (311 people).

The following chart shows the 8 races represented in Rumson, 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

5.61%
2024 Foreign-Born Population
406 people
5.31%
2023 Foreign-Born Population
386 people

As of 2024, 5.61% of Rumson, NJ residents (406 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 Rumson, NJ was 5.31%, 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.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    94 ± 61
  2. Gulf War (2001-)
    29 ± 42
  3. Gulf War (1990s)
    6 ± 22

Rumson, NJ has a large population of military personnel who served in Vietnam, 3.24 times greater than any other conflict.

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

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Economy

The economy of Rumson, NJ employs 3.49k people. In 2024, the largest industries in Rumson, NJ were Finance & Insurance (820 people), Professional, Scientific, & Technical Services (513 people), and Educational Services (394 people), and the highest paying industries were Real Estate & Rental & Leasing ($250,001), Finance & Insurance, & Real Estate & Rental & Leasing ($250,001), and Finance & Insurance ($250,001).

Employment

Occupations

3.49k
2024 Value
± 386
4.43%
1 Year growth
± 15%

From 2023 to 2024, employment in Rumson, NJ grew at a rate of 4.43%, from 3.34k employees to 3.49k employees.

The most common job groups, by number of people living in Rumson, NJ, are Management Occupations (869 people), Business & Financial Operations Occupations (699 people), and Sales & Related Occupations (466 people). This chart illustrates the share breakdown of the primary jobs held by residents of Rumson, 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

3.49k
2024 Value
± 386
4.43%
1 Year growth
± 15%

From 2023 to 2024, employment in Rumson, NJ grew at a rate of 4.43%, from 3.34k employees to 3.49k employees.

The most common employment sectors for those who live in Rumson, NJ, are Finance & Insurance (820 people), Professional, Scientific, & Technical Services (513 people), and Educational Services (394 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.

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Median Earnings by Industry

$221,094
Median earning men ± $41,462
$61,975
Median earning women ± $20,374

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($250,001), Manufacturing ($238,100), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($192,104).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($187,660), Wholesale Trade ($156,944), and Manufacturing ($119,519).

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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 Rumson, NJ was $1.68M in 2024, which is 5.05 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $1.61M to $1.68M, a 4.34% increase. The homeownership rate in Rumson, NJ is 92.9%, which is higher than the national average of 65.2%.

People in Rumson, NJ have an average commute time of 45 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

$1.68M
Median Property Value 2024
±$168,319
$2,277
Median Property Taxes
±$226

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.

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Rent vs Own

92.9%
Homeownership
2024
57.1%
Homeowners with Mortgage
2024

In 2024, 92.9% of the housing units in Rumson, NJ were occupied by their owner. This percentage declined from the previous year's rate of 93.2%.

This chart shows the percentage of owner in Rumson, 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.
2.45k
Number of Households
± 235

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.

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Wage Distribution

The closest comparable wage GINI for Rumson, 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 (44.5%)
  2. Worked At Home (33.6%)
  3. Public Transit (13.7%)

In 2024, 44.5% of workers in Rumson, NJ drove alone to work, followed by those who worked at home (33.6%) and those who used public transit to get to work (13.7%).

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

45 minutes
Average Travel Time

Using averages, employees in Rumson, NJ have a longer commute time (45 minutes) than the normal US worker (26.4 minutes). Additionally, 18.4% 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.

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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.

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Poverty

Poverty & Diversity

3.24% of the population for whom poverty status is determined in Rumson, NJ (234 out of 7.22k 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 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.

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Health

99.1% of the population of Rumson, NJ has health coverage, with 72.4% on employee plans, 1.04% on Medicaid, 14.1% on Medicare, 11.3% on non-group plans, and 0.249% 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, 52.4% were men and 47.6% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 28% under 18 years, 12.3% between 18 and 34 years, 42% between 35 and 64 years, and 17.7% over 64 years.

By gender, of the total number of insured persons, 52.4% were men and 47.6% were women.

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

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Uninsured People

0.925%
Uninsured
72.4%
Employer Coverage
1.04%
Medicaid
14.1%
Medicare
11.3%
Non-Group
0.249%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Rumson, NJ declined by 45.8% from 1.71% to 0.925%.

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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