What is the population of Shrewsbury borough?

Shrewsbury borough has 4,162 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #333 of 700 in New Jersey.

What is the median household income in Shrewsbury borough?

Median household income in Shrewsbury borough is $144,500 a year, 84% above the national figure of $78,538.

How much does it cost to rent or buy in Shrewsbury borough?

Median gross rent is $3,300 a month and the median home value is $735,900, so rent absorbs about 27.4% of median household income.

Is Shrewsbury borough affordable compared with the rest of the US?

Homes cost about 5.1× the local median income here versus roughly 3.9× nationally, so Shrewsbury borough is less affordable to buy in than the typical US market, and rent takes 27.4% of median income against the 30% cost-burden line.

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New Jersey · Census place 67350

Shrewsbury, NJ population, income and ZIP codes

Quick answer

The population of the city of Shrewsbury, New Jersey (Shrewsbury, NJ — Census place “Shrewsbury borough”) is 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. Looking for the Shrewsbury New Jersey ZIP code list? 1 ZIP codes serve Shrewsbury, NJ: 07702.

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

Shrewsbury ZIP codes (New Jersey)

Census ZCTAs whose delivery area overlaps Shrewsbury.

The Shrewsbury NJ ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

07702

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

Shrewsbury borough, NJ in context

How this area compares with national benchmarks.

Shrewsbury borough is a small town in New Jersey, with 4,162 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #333 of 700 ranked by population — larger than 52% of them. The median age here is 42 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Shrewsbury borough earn a median of $144,500 a year, 84% above the national figure of $78,538 and 35% above the $106,926 median for the 543 New Jersey cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 3.6% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Shrewsbury borough is valued at $735,900, 142.6% above the national figure and 78% above the $412,500 peer median, while median gross rent runs $3,300 a month, 134.7% above the national figure, or roughly $39,600 across a full year. A household on the local median income would put about 27.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 5.1×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 84.1% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

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Frequently asked questions

Common questions about this area.

What is the population of Shrewsbury borough?: Shrewsbury borough has 4,162 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #333 of 700 in New Jersey.
What is the median household income in Shrewsbury borough?: Median household income in Shrewsbury borough is $144,500 a year, 84% above the national figure of $78,538.
How much does it cost to rent or buy in Shrewsbury borough?: Median gross rent is $3,300 a month and the median home value is $735,900, so rent absorbs about 27.4% of median household income.
Is Shrewsbury borough affordable compared with the rest of the US?: Homes cost about 5.1× the local median income here versus roughly 3.9× nationally, so Shrewsbury borough is less affordable to buy in than the typical US market, and rent takes 27.4% of median income against the 30% cost-burden line.
How current is this Shrewsbury borough data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.