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AREA INFORMATION

Shrewsbury, NJ

Explore the real estate in Shrewsbury, NJ

Area Highlights

Shrewsbury, NJ residents have a median age of 43.1 years old, with employment highest in the administrative support and sales industries.

4,265 Population

The population has increased by 1.9% since the year 2010.

1,535 Households

$129,545 /yr
Median Household Income

$860,000
Median Home Sale Price

23m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

43.1 Median Age

Average Household Size

2.7
persons per
household

62.5%

Married Households

Community Population By Education

Bachelors Degree 38%
Graduate Degree 24%
High School Graduate 17%
Some College 13%
Associates Degree 7%
Some High School 2%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 37.53% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
36.5% of households have children

Area Schools

PK-8
0.2 MILES
D
Red Bank Charter School
PK-8
0.2 MILES
St James Elementary School
4-8
0.5 MILES
C
Red Bank Middle School
PK-3
0.8 MILES
C-
Red Bank Primary School
PK-TKG
0.9 MILES
Tower Hill School
KG-5
1 MILES
C
River Plaza Elementary School
PK-7
1 MILES
Vincent S Mastro Montessori Academy
PK-KG
1.5 MILES
Goddard School For Early Childhood Development
PK-8
1.5 MILES
A
Shrewsbury Borough School
PK-5
1.7 MILES
A-
Fairview Elementary School
PK-1
2.6 MILES
Creative Learning Center

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$129,545 /yr
Median Household Income
$860,000
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 35.11% of the households.

Transportation to Work

  • Drive 77%
  • Work from Home 17%
  • Public Transit 5%
  • Walk or Bike 1%

Occupancy by Type

Owned 1,294 81%
Rented 241 15%
Vacant 58 4%

White vs Blue Collar Jobs







White Collar 89%
Blue Collar 11%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 43.1 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 83%
Hispanic 6%
Asian 4%
Black 3%
Other 3%
Native American <1%
The most prevalent ethnicity is White at 83%, followed by Hispanic at 6%, Asian at 4%, and Black at 3%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

83° July
Hottest Average Month
24° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
24°
39°
Feb
26°
41°
Mar
33°
49°
Apr
41°
59°
May
51°
69°
Jun
61°
78°
Jul
66°
83°
Aug
65°
82°
Sep
58°
75°
Oct
47°
65°
Nov
38°
54°
Dec
29°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$1,925,000
For sale
4 beds • 4 baths • 1 half baths • 3,900 sqft

2 Buchop Lane
Red Bank, NJ 07701

$2,300,000
For sale
5 beds • 5 baths • 1 half baths

7 Buchhop Lane
Red Bank, NJ 07701

$299,900
For sale
2 beds • 1 baths

142 South Street 10-B
Red Bank, NJ 07701

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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