What is the median household income in Monroe Township (Middlesex County), NJ?
The median household income in Monroe Township (Middlesex County), NJ is $107,892 (±$10,732) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,031 a month would take about $81,200 a year at the common guideline of spending no more than 30% of income on rent.
In Monroe Township (Middlesex County), the median household income went from $90,451 in 2015–2019 to $107,892 in 2020–2024 (+19.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $107,892 (±$10,732)
- Median renter income
- $55,714 (±$20,781)
- Income to afford median rent
- about $81,200
Income in Monroe Township (Middlesex County) against Middlesex County, its state and the nation
| Monroe Township (Middlesex County) | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $107,892 (±$10,732) | $111,549 (±$1,881) | $103,556 (±$513) | $80,734 |
| Median renter household income | $55,714 (±$20,781) | $76,035 (±$2,019) | $62,674 (±$718) | $52,966 |
| Median owner household income | $118,255 (±$9,820) | $139,193 (±$2,081) | $133,477 (±$624) | $100,009 |
| Median gross rent | $2,031 (±$182) | $1,871 (±$20) | $1,720 (±$7) | $1,413 |
In Monroe Township (Middlesex County), median household income is not measurably different from Middlesex County ($111,549).
It is not measurably different from New Jersey ($103,556).
It is higher than the national figure ($80,734).
In Middlesex County, Monroe Township (Middlesex County) ranks 13 of 25 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 302 of 561.
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 Monroe Township (Middlesex County)
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 $2,031 a month ($24,372 a year) needs an income of about $81,200 a year.
The median renting household in Monroe Township (Middlesex County) earns $55,714 a year, less than that.
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 | $90,451 (±$7,034) | $107,892 (±$10,732) | +19.3% | No measurable change after inflation |
| Median gross rent | $1,535 (±$170) | $2,031 (±$182) | +32.3% | No measurable change after inflation |
| Median home value | $375,900 (±$10,602) | $540,900 (±$22,783) | +43.9% | Up 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 Monroe Township (Middlesex County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Monroe Township (Middlesex County) | — | $107,892 (±$10,732) | — |
| Jamesburg Borough | 2.1 mi | $110,972 (±$23,717) | Not measurably different |
| Englishtown Borough | 4.0 mi | $91,111 (±$19,612) | Not measurably different |
| Helmetta Borough | 4.1 mi | $98,952 (±$10,239) | Not measurably different |
| Yorketown | 4.8 mi | $173,510 (±$39,159) | Higher |
| Cranbury | 4.8 mi | $224,200 (±$43,932) | Higher |
| Cranbury Township | 4.8 mi | $216,691 (±$38,482) | Higher |
| Manalapan Township | 5.0 mi | $152,832 (±$9,543) | Higher |
| Twin Rivers | 5.1 mi | $100,833 (±$18,058) | Not measurably different |
Nearby places with a measurably higher figure: Yorketown, NJ ($173,510), Cranbury, NJ ($224,200), Cranbury Township, NJ ($216,691).
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 |
|---|---|---|
| 7 | South Plainfield Borough | $130,239 (±$8,213) |
| 8 | Piscataway Township | $127,832 (±$6,354) |
| 9 | Edison Township | $125,145 (±$6,156) |
| 10 | North Brunswick Township | $120,764 (±$7,650) |
| 11 | Jamesburg Borough | $110,972 (±$23,717) |
| 12 | Woodbridge Township | $108,928 (±$4,107) |
| 13 | Monroe Township (Middlesex County) | $107,892 (±$10,732) |
| 14 | Spotswood Borough | $105,060 (±$15,063) |
| 15 | Middlesex Borough | $105,000 (±$12,543) |
| 16 | Highland Park Borough | $104,694 (±$24,486) |
| 17 | Old Bridge Township | $104,587 (±$4,442) |
| 18 | Sayreville Borough | $99,979 (±$5,778) |
| 19 | Helmetta Borough | $98,952 (±$10,239) |
Showing 13 of 25 places in Middlesex County, ranked from highest to lowest.
The figures for Monroe Township (Middlesex County) include the places inside it that have pages of their own: Clearbrook, Concordia, Forsgate, Monroe Manor, Regency at Monroe, Rossmoor, Stonebridge, The Ponds, +1.
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 Monroe Township (Middlesex County)
What is the median household income in Monroe Township (Middlesex County)?
The median household income in Monroe Township (Middlesex County) is $107,892 (±$10,732) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Monroe Township (Middlesex County)?
About $81,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,031 a month.
Have incomes in Monroe Township (Middlesex County) kept up with inflation?
In Monroe Township (Middlesex County), the median household income went from $90,451 in 2015–2019 to $107,892 in 2020–2024 (+19.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Monroe Township (Middlesex County)?
The median renting household in Monroe Township (Middlesex County), NJ earns $55,714 (±$20,781) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Monroe township, Middlesex County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Monroe township, Middlesex County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Monroe township, Middlesex County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Monroe township, Middlesex County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Monroe township, Middlesex County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Monroe township, Middlesex County, 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 Monroe township, Middlesex County, New Jersey (county subdivision:47280, in state:34 county:023).
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 .
Related
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- Home values in Monroe Township (Middlesex County)
- Homeowner costs in Monroe Township (Middlesex County)
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- Population growth in Monroe Township (Middlesex County)
- How long people stay in Monroe Township (Middlesex County)
- Crowding and facilities in Monroe Township (Middlesex County)
- New Jersey landlord and tenant rules
- Housing across Middlesex County
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- Housing data for every place in New Jersey