New Jersey · Census place 67350
Shrewsbury borough, NJ
Quick answer
Shrewsbury borough has 4,162 residents, ranking #333 of 700 places in New Jersey. Median household income is $144,500, the median home is worth $735,900 and median gross rent runs $3,300 a month.
- Population
- 4,162Shrewsbury borough residents
- Median household income
- $144,500Past 12 months, inflation adjusted
- Median home value
- $735,900Owner-occupied units
- Median gross rent
- $3,300Rent plus utilities, monthly
- Median age
- 42 yrsAll residents
- Homeownership rate
- 84.1%Owner-occupied households
What the numbers mean in Shrewsbury borough
Housing cost measured against local earnings.
A household earning the Shrewsbury borough median would spend about 27.4% 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 5.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.6% of residents and 84.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Medford Lakes borough 4,267
- Bradley Beach borough 4,264
- Ho-Ho-Kus borough 4,230
- Lambertville city 4,141
- The College of New Jersey CDP 4,103
- Riverdale borough 4,084
- Leisure Village West CDP 4,070
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