Colts Neck is a somewhat small town located in the state of New Jersey. With a population of 9,878 people and three constituent neighborhoods, Colts Neck is the 204th largest community in New Jersey.
Colts Neck home prices are not only among the most expensive in New Jersey, but Colts Neck real estate also consistently ranks among the most expensive in America.
Colts Neck is a decidedly white-collar town, with fully 92.66% of the workforce employed in white-collar jobs, well above the national average. Overall, Colts Neck is a town of professionals, sales and office workers, and managers. There are especially a lot of people living in Colts Neck who work in management occupations (18.27%), sales jobs (16.46%), and healthcare (11.28%).
Also of interest is that Colts Neck has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.67% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Colts Neck is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Colts Neck’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
Even though Colts Neck is a smaller town, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
If knowledge is power, Colts Neck is a pretty powerful place. 61.92% of the adults in Colts Neck have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Colts Neck in 2010 was $73,200, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $292,800 for a family of four.
The people who call Colts Neck home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Colts Neck residents report their race to be White, followed by Asian. Important ancestries of people in Colts Neck include Italian, Irish, German, English, and Polish.
The most common language spoken in Colts Neck is English. Other important languages spoken here include Spanish and Arabic.