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All About

Living In Monmouth Beach, NJ

A small town located in New Jersey, Monmouth Beach has a population of approximately 3,000. Middle-aged professionals account for a greater percentage of the population here (47%) than nationally (38%), meaning they will find a surplus of opportunities, while young adults account for a smaller percentage of the town. Overall, the town's residents, with an average age of just under 47, are older than most cities in New Jersey. Just 14% of residents rent in Monmouth Beach, as the majority own their homes. Relatively high rent costs could be playing a role, as the average rent of $2,111/month is substantially higher than the state average of $1,272.

Monmouth Beach has a high percentage of residents older than 25 with advanced degrees compared to the national average (7%), as 15% possess a Master's degree or a Doctoral degree. Further, 31% have a Bachelor's degree, which also outpaces the national average. There are plenty of industries from which to choose in Monmouth Beach. The four most common are entertainment, finance, retail, and scientific. Combined, these industries account for 24% of the town's workforce. Meanwhile, in terms of job function, many of the town's residents work in management, making it the top field in the town. Monmouth Beach workers earn an average annual income of about $120,000, around $34,000 more than those elsewhere in New Jersey. Monmouth Beach's average income also compares favorably to the national average ($73,345).

With an average commute time of about 39 minutes, slower than most cities in the state, Monmouth Beach residents are well aware that it takes some patience getting to work. Driving a vehicle is the prevailing way to get to work, selected by 34% of workers, while public transit is used by only 5% of the town. Few commuters walk to work.

Frequently Asked Questions About Monmouth Beach

How much does it cost to rent in Monmouth Beach, NJ?

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