Most Expensive Monmouth Junction Neighborhoods
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 91.44% of the workforce employed in white-collar jobs, well above the national average. Overall, Monmouth Junction is a town of professionals, sales and office workers and managers. There are especially a lot of people living in Monmouth Junction who work in sales jobs (14.87%), computer science and math (12.33%) and healthcare (10.59%).
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.
In addition, Monmouth Junction 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.
Because of many things, Monmouth Junction is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Monmouth Junction really has some of the features that families look for when choosing a good community to raise children. Is Monmouth Junction perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Monmouth Junction, however, is that residents on average have to contend with a long commute, spending on average 36.83 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.
Despite being a small town, Monmouth Junction has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Monmouth Junction. 57.60% 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 2010 was $36,039, which is middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $144,156 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 White, followed by Asian. Important ancestries of people in Monmouth Junction include Irish, Italian, German, English, Brazilian and Ukrainian.
In addition, Monmouth Junction has a lot of people living here who were born outside of the US (31.85%).
The languages spoken by people in Monmouth Junction are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Monmouth Junction is English. Other important languages spoken here include Other Asian languages, Portuguese, Urdu and Russian.
|MONMOUTH JUNCTION INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||983|
|MONMOUTH JUNCTION HOME OWNERSHIP|
|% OWNER OCCUPIED||92.62%|
|% RENTER OCCUPIED||7.38%|
|TYPE OF MONMOUTH JUNCTION HOMES|
|SINGLE FAMILY DETACHED||63.68%|
|ROWHOUSES AND ATTACHED HOMES||32.25%|
|SMALL APARTMENT BUILDINGS||2.04%|
|COMPLEXES OR HIGH RISE APARTMENTS||2.04%|
|SIZE OF MONMOUTH JUNCTION HOMES|
|5 OR MORE BEDROOMS||1.42%|
|AGE OF MONMOUTH JUNCTION HOMES|
|NEWER HOMES (2000 OR LATER)||3.26%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||65.92%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||22.69%|
|HISTORIC (1939 OR BEFORE)||8.14%|
|MONMOUTH JUNCTION REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$422,347|
|MEDIAN RENTAL PRICE||$2,334|
|HOME VALUE RANGE|
|$0 - $53,000||1.75%|
|$53,001 - $107,000||2.74%|
|$107,001 - $213,000||8.77%|
|$213,001 - $320,000||10.75%|
|$320,001 - $427,000||29.50%|
|$427,001 - $533,000||27.74%|
|$533,001 - $800,000||17.11%|
|$800,001 - $1,067,000||1.65%|
|PEOPLE OF MONMOUTH JUNCTION||DETAILS|
|UNDER 5 YEARS||2.76%|
|5 TO 17||27.99%|
|18 TO 24||6.83%|
|25 TO 34||7.37%|
|35 TO 54||34.65%|
|55 TO 64||7.64%|
|65 YEARS AND OVER||12.78%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||92.51%|
|MEDIAN HOUSEHOLD INCOME||$96,875|
|PER CAPITA INCOME||$36,039|
|INDIVIDUALS BELOW POVERTY LEVEL||3.96%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (16.53%)
Public Service (7.47%)
Information Technology (6.02%)
|BLACK OR AFRICAN AMERICAN||1.58%|
|AMERICAN INDIAN AND ALASKA NATIVE||2.02%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||2.49%|
|TWO OR MORE RACES||0.67%|
|HISPANIC OR LATINO (OF ANY RACE)||8.78%|
|ETHNICITIES PRESENT||Irish (19.27%)
|LANGUAGES SPOKEN||English (62.68%)
Other Asian languages (12.21%)
Indic languages (1.14%)
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