Monmouth Beach is a very small coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 3,256 people and just one neighborhood, Monmouth Beach is the 379th largest community in New Jersey.
Real Estate Prices
Monmouth Beach home prices are not only among the most expensive in New Jersey, but Monmouth Beach real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Monmouth Beach is a decidedly white-collar borough, with fully 92.28% of the workforce employed in white-collar jobs, well above the national average. Overall, Monmouth Beach is a borough of sales and office workers, managers and professionals. There are especially a lot of people living in Monmouth Beach who work in management occupations (20.90%), sales jobs (19.79%) and office and administrative support (11.42%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.75% 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.
Setting & Lifestyle
In addition, Monmouth Beach is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
One of the nice things about Monmouth Beach is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
One downside of living in Monmouth Beach, however, is that residents on average have to contend with a long commute, spending on average 33.73 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
In Monmouth Beach, a lot of people use a ferryboat to get to work every day though Monmouth Beach is a relatively small borough. Those that ride a ferryboat are primarily traveling out of town to good jobs in other cities.