Red Bank, NJ β Demographics & Statistics
ZIP code 07701 serves a portion of Red Bank, New Jersey, within Monmouth County. This community is home to approximately 45,409 residents, with a median age of 33.0 years. The median household income of $82,167 sits above the national median of $67,521, while median home values of $435,485 are above the national average of $301,500. The area has a owner-majority housing profile, with 66% owner-occupied and 34% renter-occupied units. Cost of living in this part of Red Bank is higher than the national baseline, with an index of 155 (100 = national average). With a college-education rate of 18% and an unemployment rate of 3.6%, 07701 reflects the economic character of Monmouth County in New Jersey.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 45,409 | β |
| Population | Density (per sq mi) | 14,001 | β |
| Economics | Median Household Income | $82,167 | β 22% vs nat'l avg |
| Economics | Median Home Value | $435,485 | β 44% vs nat'l avg |
| Economics | Cost of Living Index | 155 | β Higher than avg |
| Economics | Unemployment Rate | 3.6% | β 8% vs nat'l avg |
| Economics | Below Poverty Line | 11.7% | β 3% vs nat'l avg |
| Education | College Educated (25+) | 18% | β 49% vs nat'l avg |
| Demographics | Median Age | 33.0 yrs | β 14% vs nat'l avg |
| Housing | Owner-Occupied | 66% | β |
| Housing | Renter-Occupied | 34% | β |
| Housing | Total Housing Units | 19,525 | β |