A small town in New Jersey, Matawan has a population of just under 9,000. At an average age of just over 39, the town's population ranks around the middle compared to other cities in the state, which has an average age of 39. Renters tend to be in the minority in Matawan, and 65% of residents own their homes. With an average rent of $1,433 per month, exceeding the state average by $161/month, relatively high rent costs could be a contributing factor in the higher levels of ownership.
Matawan has an average commute time of about 39 minutes, slower than the state average of about 34 minutes. Many residents (44%) drive their car to work, while public transit is used by just 6% of the population. Walking isn't a common way to get to work.
Compared to the national average (7%), Matawan has a large percentage of residents over the age of 25 with advanced degrees, as 10% have earned a Master's degree or a Doctorate. Furthermore, 19% have a Bachelor's degree, which also outpaces the national average. Many Matawan residents work in one of four industries: retail, education, healthcare, and scientific. Combined, these industries make up 29% of the town's workforce. Meanwhile, in terms of job function, many workers in these industries are in sales, which ranks as the top field in the town. Matawan workers earn an average annual income of around $101K, more than their peers elsewhere in New Jersey. The town's average income also compares favorably to the national average of $73,345.
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