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 associated neighborhoods, Red Bank is the 149th largest community in New Jersey. Red Bank has an unusually large stock of pre-World War II architecture, making it one of the older and more historic boroughs.
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.56% 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.
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.
One downside of living in Red Bank is that it can take a long time to commute to work. In Red Bank, the average commute to work is 30.27 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly borough. Many of Red Bank’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
Despite being a small borough, Red Bank 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 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 51.15% 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 $66,966, 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 $267,864 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 25.64% 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 (17.89%).
The most common language spoken in Red Bank is English. Other important languages spoken here include Spanish and French.