Rumson 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 6,978 people and two constituent neighborhoods, Rumson is the 267th largest community in New Jersey.
Rumson home prices are not only among the most expensive in New Jersey, but Rumson real estate also consistently ranks among the most expensive in America.
Rumson is a decidedly white-collar borough, with fully 92.81% of the workforce employed in white-collar jobs, well above the national average. Overall, Rumson is a borough of managers, professionals and sales and office workers. There are especially a lot of people living in Rumson who work in management occupations (19.95%), sales jobs (19.34%) and business and financial occupations (9.72%).
Of important note, Rumson is also a borough of artists. Rumson has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Rumson’s character.
Also of interest is that Rumson has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 10.85% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
In addition, Rumson is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Rumson is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Rumson’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One of the nice things about Rumson 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 Rumson, however, is that residents on average have to contend with a long commute, spending on average 31.81 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 Rumson, a lot of people use a ferryboat to get to work every day though Rumson is a relatively small borough. Those that ride a ferryboat are primarily traveling out of town to good jobs in other cities.
If knowledge is power, Rumson is a pretty powerful place. 69.04% of the adults in Rumson have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Rumson in 2010 was $91,785, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $367,140 for a family of four.
The people who call Rumson home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Rumson residents report their race to be White, followed by Asian. Important ancestries of people in Rumson include Irish, Italian, German, English, Polish and Dutch.
The most common language spoken in Rumson is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||2,358|
|RUMSON HOME OWNERSHIP|
|% OWNER OCCUPIED||89.41%|
|% RENTER OCCUPIED||10.59%|
|TYPE OF RUMSON HOMES|
|SINGLE FAMILY DETACHED||93.76%|
|ROWHOUSES AND ATTACHED HOMES||2.71%|
|SMALL APARTMENT BUILDINGS||1.86%|
|COMPLEXES OR HIGH RISE APARTMENTS||0.81%|
|SIZE OF RUMSON HOMES|
|5 OR MORE BEDROOMS||29.29%|
|AGE OF RUMSON HOMES|
|NEWER HOMES (2000 OR LATER)||19.99%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||22.55%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||30.34%|
|HISTORIC (1939 OR BEFORE)||27.12%|
|RUMSON REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$968,337|
|MEDIAN RENTAL PRICE||$2,403|
|HOME VALUE RANGE|
|$0 - $53,000||0.62%|
|$53,001 - $107,000||0.19%|
|$107,001 - $213,000||0.33%|
|$213,001 - $320,000||1.85%|
|$320,001 - $427,000||4.83%|
|$427,001 - $533,000||6.34%|
|$533,001 - $800,000||22.58%|
|$800,001 - $1,067,000||19.92%|
|PEOPLE OF RUMSON||DETAILS|
|UNDER 5 YEARS||5.79%|
|5 TO 17||24.73%|
|18 TO 24||7.95%|
|25 TO 34||3.88%|
|35 TO 54||31.57%|
|55 TO 64||14.96%|
|65 YEARS AND OVER||11.13%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||98.80%|
|MEDIAN HOUSEHOLD INCOME||$151,667|
|PER CAPITA INCOME||$91,785|
|INDIVIDUALS BELOW POVERTY LEVEL||3.66%|
|INDUSTRIES PEOPLE WORK IN||Finance (18.65%)
Professional, scientific, and technical services (13.62%)
Information Technology (6.84%)
Public Service (3.25%)
Real estate (2.91%)
|BLACK OR AFRICAN AMERICAN||0.51%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.50%|
|TWO OR MORE RACES||0.35%|
|HISPANIC OR LATINO (OF ANY RACE)||3.19%|
|ETHNICITIES PRESENT||Irish (33.16%)
|LANGUAGES SPOKEN||English (93.46%)
Get matched with a pre-screened, customer-rated real estate agent and receive up to $2,000 or more when you buy or sell.
Get the Ultimate Agent…
We screen Real Estate Professionals according to rigorous sales and service benchmarks, and we constantly survey our customers to make sure that Brokers in our elite network are meeting your highest standards. We guarantee it.†
…Plus a Cash Award
How much cash could I get?
Select an option below. You'll hear from us within 1 business hour.
Copyright © 2000-2016 Location Inc®. All the trademarks displayed on this page are the property of Location, Inc®. The NeighborhoodScout® search engine is covered under US Patents No. 7,043,501 and 7,680,859. Our nationally-comparable school ratings are covered under US Patent No. 8,376,755. Other US patent applications are currently pending.