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ZipNumbers

New Jersey · Census place 62430

Red Bank borough, NJ

Quick answer

Red Bank borough has 12,864 residents, ranking #107 of 700 places in New Jersey. Median household income is $101,738, the median home is worth $477,000 and median gross rent runs $1,985 a month.

Population
12,864Red Bank borough residents
Median household income
$101,738Past 12 months, inflation adjusted
Median home value
$477,000Owner-occupied units
Median gross rent
$1,985Rent plus utilities, monthly
Median age
39.7 yrsAll residents
Homeownership rate
50.1%Owner-occupied households

What the numbers mean in Red Bank borough

Housing cost measured against local earnings.

A household earning the Red Bank borough median would spend about 23.4% 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 4.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.9% of residents and 50.1% 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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