What is the median household income in Rumson Borough, NJ?
The median household income in Rumson Borough, NJ is $250,000 or more a year (2020–2024 American Community Survey).
Figures last updated on .
- Median household income
- $250,000 or more
- Median renter income
- $121,250 (±$66,750)
Income in Rumson Borough against Monmouth County, its state and the nation
| Rumson Borough | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $250,000 or more | $124,845 (±$2,115) | $103,556 (±$513) | $80,734 |
| Median renter household income | $121,250 (±$66,750) | $62,592 (±$3,372) | $62,674 (±$718) | $52,966 |
| Median owner household income | $250,000 or more | $151,807 (±$2,620) | $133,477 (±$624) | $100,009 |
| Median gross rent | $3,500 or more | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $1,171,900 (±$66,975) | $1,679,300 (±$168,319) | +43.3% | 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 Rumson Borough
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Rumson Borough | — | $250,000 or more | — |
| Sea Bright Borough | 1.6 mi | $143,241 (±$29,773) | — |
| Fair Haven Borough | 1.8 mi | $250,000 or more | — |
| Monmouth Beach Borough | 2.1 mi | $150,188 (±$43,950) | — |
| Little Silver Borough | 2.3 mi | $240,853 (±$34,724) | — |
| Highlands Borough | 3.0 mi | $91,913 (±$4,948) | — |
| Oceanport Borough | 3.3 mi | $126,094 (±$28,756) | — |
| Navesink | 3.4 mi | $151,557 (±$66,516) | — |
| Red Bank Borough | 3.4 mi | $97,477 (±$12,660) | — |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Monmouth County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 (tie) | Fair Haven Borough | $250,000 or more |
| 1 (tie) | Rumson Borough | $250,000 or more |
| 3 | Little Silver Borough | $240,853 (±$34,724) |
| 4 | Millstone Township | $218,472 (±$57,387) |
| 5 | Spring Lake Borough | $215,625 (±$84,140) |
| 6 | Sea Girt Borough | $213,750 (±$53,445) |
| 7 | Colts Neck Township | $199,573 (±$33,573) |
| 8 | Interlaken Borough | $199,167 (±$27,343) |
Showing 8 of 53 places in Monmouth County, ranked from highest to lowest.
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 Rumson Borough
What is the median household income in Rumson Borough?
The median household income in Rumson Borough is $250,000 or more a year (2020–2024 American Community Survey).
What do renters earn in Rumson Borough?
The median renting household in Rumson Borough, NJ earns $121,250 (±$66,750) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Rumson borough, Monmouth County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Rumson borough, Monmouth County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rumson borough, Monmouth County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Rumson borough, Monmouth County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Rumson borough, Monmouth County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Rumson borough, Monmouth 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 Rumson borough, Monmouth County, New Jersey (county subdivision:65130, 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 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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- Median rent in Rumson Borough
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- Home values in Rumson Borough
- Homeowner costs in Rumson Borough
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- Age of homes in Rumson Borough
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- Population growth in Rumson Borough
- How long people stay in Rumson Borough
- Fair Market Rent in Rumson Borough
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey