New Jersey · Census place 25200
Freehold borough, NJ
Quick answer
Freehold borough has 12,504 residents, ranking #109 of 700 places in New Jersey. Median household income is $82,183, the median home is worth $401,900 and median gross rent runs $1,818 a month.
- Population
- 12,504Freehold borough residents
- Median household income
- $82,183Past 12 months, inflation adjusted
- Median home value
- $401,900Owner-occupied units
- Median gross rent
- $1,818Rent plus utilities, monthly
- Median age
- 35.4 yrsAll residents
- Homeownership rate
- 50.2%Owner-occupied households
What the numbers mean in Freehold borough
Housing cost measured against local earnings.
A household earning the Freehold borough median would spend about 26.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.3% of residents and 50.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Holiday City-Berkeley CDP 12,896
- Red Bank borough 12,864
- Oakland borough 12,700
- Haddonfield borough 12,502
- Upper Montclair CDP 12,279
- Pennsville CDP 12,238
- Glen Rock borough 12,082
Keep going
More New Jersey coverage.