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ZipNumbers

New Jersey · Census place 44520

Matawan borough, NJ

Quick answer

Matawan borough has 9,636 residents, ranking #165 of 700 places in New Jersey. Median household income is $122,026, the median home is worth $447,000 and median gross rent runs $1,714 a month.

Population
9,636Matawan borough residents
Median household income
$122,026Past 12 months, inflation adjusted
Median home value
$447,000Owner-occupied units
Median gross rent
$1,714Rent plus utilities, monthly
Median age
35.8 yrsAll residents
Homeownership rate
57.2%Owner-occupied households

What the numbers mean in Matawan borough

Housing cost measured against local earnings.

A household earning the Matawan borough median would spend about 16.9% 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 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.1% of residents and 57.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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