Monmouth Junction is a very small town located in the state of New Jersey. With a population of 3,003 people and three constituent neighborhoods, Monmouth Junction is the 393rd largest community in New Jersey.
Housing costs in Monmouth Junction are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Monmouth Junction is a decidedly white-collar town, with fully 96.62% of the workforce employed in white-collar jobs, well above the national average. Overall, Monmouth Junction is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Monmouth Junction who work in management occupations (23.25%), computer science and math (11.84%), and teaching (11.47%).
Also of interest is that Monmouth Junction has more people living here who work in computers and math than 95% of the places in the US.
Because of many things, Monmouth Junction is a great place for families with children to consider. First of all, many other families with children live here, making Monmouth Junction a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Monmouth Junction has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Monmouth Junction’s overall crime rate is lower than average for the country.
One downside of living in Monmouth Junction, however, is that residents on average have to contend with a long commute, spending on average 34.53 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.
Even though Monmouth Junction 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 Monmouth Junction. 79.17% 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 Monmouth Junction in 2018 was $50,962, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $203,848 for a family of four.
Monmouth Junction is an extremely ethnically-diverse town. The people who call Monmouth Junction home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Monmouth Junction residents report their race to be Asian, followed by White. Important ancestries of people in Monmouth Junction include Italian, English, Scottish, Polish, and Irish.
Foreign born people are also an important part of Monmouth Junction's cultural character, accounting for 38.79% of the town’s population.
The most common language spoken in Monmouth Junction is English. Other important languages spoken here include Langs. of India and Other Asian languages.