Is Shrewsbury Borough, NJ growing?

Shrewsbury Borough, NJ had an estimated 4,179 (±28) residents in 2020–2024, against 4,086 in 2015–2019.

That is a change of +2.3%, a measurable increase.

Its housing went from 1,443 to 1,546 homes (+7.1%), not a measurable change.

0.7% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
4,179 (±28)
Amount of change
+2.3%
Homes change
+7.1%
Built 2020 or later
0.7%

Residents and homes in Shrewsbury Borough, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents4,086 (±18)4,179 (±28)+2.3%Measurable increase
Housing units1,443 (±106)1,546 (±104)+7.1%Not a measurable change
Households that rent9.4% (±4.8 points)14.2% (±4.8 points)+4.8 percentage pointsNot a measurable change
Median gross rent$2,735 (±$142)$3,472 (±$1,644)+26.9%No measurable change after inflation
Median home value$589,400 (±$32,501)$811,400 (±$32,010)+37.7%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.

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

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Shrewsbury Borough+2.3%Measurable increase+7.1%
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 Shrewsbury Borough

Housing units by year built, 2020–2024
Year builtShrewsbury BoroughMonmouth CountyNew JerseyUnited States
2020 or later0.7% (±1.1 points)1.1%1.1%2.0%
2010 to 201918.8% (±6.1 points)6.3%6.2%9.4%
2000 to 20094.8% (±2.2 points)8.9%9.2%13.6%

19.5% of the homes in Shrewsbury Borough were built in 2010 or later.

The median age of residents is 43.4 years.

Growth in places near Shrewsbury Borough

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Shrewsbury Borough—4,179+2.3%Measurable increase
Shrewsbury Township1.2 mi1,156+12.0%Not a measurable change
Little Silver Borough1.4 mi6,105+4.5%Measurable increase
Red Bank Borough1.6 mi12,862+6.5%Measurable increase
Oceanport Borough2.1 mi6,195+8.2%Measurable increase
Eatontown Borough2.4 mi13,575+11.1%Measurable increase
Fair Haven Borough2.6 mi6,170+5.1%Measurable increase
Fairview3.0 mi3,892+4.0%Not a measurable change
West Long Branch Borough3.3 mi8,586+8.6%Measurable increase

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 Shrewsbury Borough

Is Shrewsbury Borough growing?

Shrewsbury Borough, NJ had an estimated 4,179 residents in 2020–2024 and 4,086 in 2015–2019, a change of +2.3%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Shrewsbury Borough?

The estimated number of housing units went from 1,443 in 2015–2019 to 1,546 in 2020–2024 (+7.1%), not a measurable change.

How much new construction is there in Shrewsbury Borough?

0.7% of homes in Shrewsbury Borough were built in 2020 or later and 18.8% 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 Shrewsbury borough, Monmouth County, New Jersey (county subdivision:67350, 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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