Holmdel is a medium-sized town located in the state of New Jersey. With a population of 16,671 people and three constituent neighborhoods, Holmdel is the 115th largest community in New Jersey.
Holmdel home prices are not only among the most expensive in New Jersey, but Holmdel real estate also consistently ranks among the most expensive in America.
Holmdel is a decidedly white-collar town, with fully 92.20% of the workforce employed in white-collar jobs, well above the national average. Overall, Holmdel is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Holmdel who work in management occupations (17.21%), business and financial occupations (11.58%), and office and administrative support (10.47%).
Also of interest is that Holmdel 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: 8.33% 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.
One downside of living in Holmdel is that it can take a long time to commute to work. In Holmdel, the average commute to work is 35.49 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.
Even though Holmdel is a smaller town, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Holmdel. 61.63% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Holmdel in 2010 was $64,784, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $259,136 for a family of four.
Holmdel is a very ethnically-diverse town. The people who call Holmdel home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Holmdel residents report their race to be White, followed by Asian. Important ancestries of people in Holmdel include Irish, German, Polish, and English.
Holmdel also has a high percentage of its population that was born in another country: 21.51%.
The most common language spoken in Holmdel is English. Other important languages spoken here include Chinese and Spanish.