What is the median household income in Monmouth Junction, NJ?
The median household income in Monmouth Junction, NJ is $133,585 (±$27,111) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,935 a month would take about $77,400 a year at the common guideline of spending no more than 30% of income on rent.
In Monmouth Junction, the median household income went from $150,500 in 2015–2019 to $133,585 in 2020–2024 (−11.2%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $133,585 (±$27,111)
- Median renter income
- $112,998 (±$12,464)
- Income to afford median rent
- about $77,400
Income in Monmouth Junction against Middlesex County, its state and the nation
| Monmouth Junction | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $133,585 (±$27,111) | $111,549 (±$1,881) | $103,556 (±$513) | $80,734 |
| Median renter household income | $112,998 (±$12,464) | $76,035 (±$2,019) | $62,674 (±$718) | $52,966 |
| Median owner household income | $195,329 (±$56,179) | $139,193 (±$2,081) | $133,477 (±$624) | $100,009 |
| Median gross rent | $1,935 (±$127) | $1,871 (±$20) | $1,720 (±$7) | $1,413 |
In Monmouth Junction, median household income is not measurably different from Middlesex County ($111,549).
It is also higher than in New Jersey ($103,556).
It is higher than the national figure ($80,734).
In Middlesex County, Monmouth Junction ranks 9 of 30 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 80 of 246.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Monmouth Junction
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,935 a month ($23,220 a year) needs an income of about $77,400 a year.
The median renting household in Monmouth Junction earns $112,998 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $150,500 (±$26,301) | $133,585 (±$27,111) | −11.2% | Down after inflation |
| Median gross rent | $2,356 (±$270) | $1,935 (±$127) | −17.9% | Down after inflation |
| Median home value | $433,800 (±$47,242) | $552,900 (±$75,805) | +27.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Monmouth Junction
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Monmouth Junction | — | $133,585 (±$27,111) | — |
| Heathcote | 1.5 mi | $141,295 (±$28,076) | Not measurably different |
| Kendall Park | 2.6 mi | $165,958 (±$30,327) | Not measurably different |
| Dayton | 2.6 mi | $151,902 (±$18,003) | Not measurably different |
| Princeton Meadows | 2.8 mi | $131,213 (±$12,929) | Not measurably different |
| Plainsboro Township | 2.9 mi | $131,638 (±$11,517) | Not measurably different |
| Deans | 2.9 mi | $248,875 (±$37,698) | Higher |
| Kingston | 3.0 mi | $110,813 (±$24,658) | Not measurably different |
| Plainsboro Center | 3.6 mi | $119,317 (±$4,561) | Not measurably different |
Nearby places with a measurably higher figure: Deans, NJ ($248,875).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Middlesex County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 3 | Cranbury | $224,200 (±$43,932) |
| 4 | Monroe Manor | $176,600 (±$52,415) |
| 5 | Kendall Park | $165,958 (±$30,327) |
| 6 | Dayton | $151,902 (±$18,003) |
| 7 | Heathcote | $141,295 (±$28,076) |
| 8 | Port Reading | $134,479 (±$23,174) |
| 9 | Monmouth Junction | $133,585 (±$27,111) |
| 10 | Princeton Meadows | $131,213 (±$12,929) |
| 11 | Stonebridge | $127,578 (±$59,715) |
| 12 | Colonia | $122,713 (±$21,938) |
| 13 | Plainsboro Center | $119,317 (±$4,561) |
| 14 | Fords | $115,861 (±$10,191) |
| 15 | Hopelawn | $113,242 (±$53,581) |
Showing 13 of 30 places in Middlesex County, ranked from highest to lowest.
Monmouth Junction is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside South Brunswick Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Monmouth Junction
What is the median household income in Monmouth Junction?
The median household income in Monmouth Junction is $133,585 (±$27,111) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Monmouth Junction?
About $77,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,935 a month.
Have incomes in Monmouth Junction kept up with inflation?
In Monmouth Junction, the median household income went from $150,500 in 2015–2019 to $133,585 in 2020–2024 (−11.2%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
What do renters earn in Monmouth Junction?
The median renting household in Monmouth Junction, NJ earns $112,998 (±$12,464) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Monmouth Junction CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Monmouth Junction CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Monmouth Junction CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Monmouth Junction CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Monmouth Junction CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Monmouth Junction CDP, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Monmouth Junction CDP, New Jersey (place:47190, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- Population growth in Monmouth Junction
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- New Jersey landlord and tenant rules
- Housing across Middlesex County
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- Housing data for every place in New Jersey