Red Bank is a somewhat small coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 12,856 people and six constituent neighborhoods, Red Bank is the 149th largest community in New Jersey. Red Bank has a large stock of pre-World War II architecture, making it one of the older and more historic boroughs in the country.
Housing costs in Red Bank 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.
Of important note, Red Bank is also a borough of artists. Red Bank has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Red Bank’s character.
Also of interest is that Red Bank has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Red Bank telecommute to their jobs. Overall, about 11.03% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
Red Bank is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
Even though Red Bank is a smaller borough, 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.
Do you like to read, write and learn? If you move to Red Bank, you'll likely find that many of your neighbors like to as well. Red Bank is one of the more educated communities in America, with a full 50.28% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Red Bank in 2018 was $62,234, 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 $248,936 for a family of four. However, Red Bank contains both very wealthy and poor people as well.
Red Bank is an extremely ethnically-diverse borough. The people who call Red Bank home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Red Bank residents report their race to be White, followed by Black or African-American. Red Bank also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 23.57% of the borough’s residents. Important ancestries of people in Red Bank include Irish, Italian, German, English, and Polish.
In addition, Red Bank has a lot of people living here who were born outside of the US (17.50%).
The most common language spoken in Red Bank is English. Other important languages spoken here include Spanish and French.