Is Red Bank Borough, NJ growing?

Red Bank Borough, NJ had an estimated 12,862 (±25) residents in 2020–2024, against 12,072 in 2015–2019.

That is a change of +6.5%, a measurable increase.

Its housing went from 5,672 to 6,216 homes (+9.6%), a measurable increase.

0.4% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
12,862 (±25)
Amount of change
+6.5%
Homes change
+9.6%
Built 2020 or later
0.4%

Residents and homes in Red Bank Borough, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents12,072 (±34)12,862 (±25)+6.5%Measurable increase
Housing units5,672 (±357)6,216 (±373)+9.6%Measurable increase
Households that rent51.4% (±4.1 points)49.9% (±5.1 points)−1.5 percentage pointsNot a measurable change
Median gross rent$1,578 (±$136)$2,026 (±$212)+28.4%No measurable change after inflation
Median home value$404,400 (±$24,850)$504,900 (±$63,340)+24.9%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.

Growth in Red Bank Borough against Monmouth County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Red Bank Borough+6.5%Measurable increase+9.6%
Monmouth County+3.8%Measurable increase+3.4%
New Jersey+5.2%Measurable increase+4.8%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Red Bank Borough

Housing units by year built, 2020–2024
Year builtRed Bank BoroughMonmouth CountyNew JerseyUnited States
2020 or later0.4% (±0.5 points)1.1%1.1%2.0%
2010 to 20193.4% (±1.2 points)6.3%6.2%9.4%
2000 to 20092.7% (±1.4 points)8.9%9.2%13.6%

3.8% of the homes in Red Bank Borough were built in 2010 or later.

The median age of residents is 39.4 years.

Growth in places near Red Bank Borough

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Red Bank Borough—12,862+6.5%Measurable increase
Fairview1.4 mi3,892+4.0%Not a measurable change
Shrewsbury Borough1.6 mi4,179+2.3%Measurable increase
Fair Haven Borough1.7 mi6,170+5.1%Measurable increase
Little Silver Borough1.9 mi6,105+4.5%Measurable increase
Shrewsbury Township2.5 mi1,156+12.0%Not a measurable change
Oceanport Borough3.3 mi6,195+8.2%Measurable increase
Rumson Borough3.4 mi7,241+6.6%Measurable increase
Lincroft3.6 mi6,939+8.3%Not a measurable change

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 Red Bank Borough

Is Red Bank Borough growing?

Red Bank Borough, NJ had an estimated 12,862 residents in 2020–2024 and 12,072 in 2015–2019, a change of +6.5%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Red Bank Borough?

The estimated number of housing units went from 5,672 in 2015–2019 to 6,216 in 2020–2024 (+9.6%), a measurable increase.

How much new construction is there in Red Bank Borough?

0.4% of homes in Red Bank Borough were built in 2020 or later and 3.4% between 2010 and 2019.

Sources

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) for Red Bank borough, Monmouth County, New Jersey (county subdivision:62430, in state:34 county:025).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

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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