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Allentown, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Allentown, New Jersey had a total population of 1,702, the 489th largest borough in New Jersey, with a median household income of $120,714, which is 17% higher than the state average. The poverty rate is 4.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Allentown Quick Facts

Population 1,702
Median Household Income $120,714
Median Home Value $415,600
Poverty Rate 4.4%
Unemployment Rate 3.7%
Median Age 40.8 years
Homeownership Rate 72.2%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 53.2%
High School Graduation Rate 92.0%
Diversity Index 20/100
Population 1,702 489th of 700
Median Income $120,714 above average
Poverty Rate 4.4% 65% lower than national
Median Home Value $415,600 average

How Allentown Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,9261,702-11.6%
Median household income$134,583$120,714-10.3%
Median home value$397,100$415,600+4.7%

How Allentown Compares

Economy & Housing

Household Income Distribution

Under $25K 8.3%
$25K-$50K 8.0%
$50K-$100K 24.0%
$100K+ 59.8%
Detailed income brackets
Under $10K
3.5%
$10K-$15K
1.6%
$15K-$20K
2.1%
$20K-$25K
1.0%
$25K-$30K
1.0%
$30K-$35K
0.7%
$35K-$40K
2.1%
$40K-$45K
0.9%
$45K-$50K
3.3%
$50K-$60K
4.4%
$60K-$75K
10.9%
$75K-$100K
8.6%
$100K-$125K
12.4%
$125K-$150K
9.3%
$150K-$200K
13.6%
$200K+
24.4%

Employment

3.7% Unemployment Rate State: 6.3%|National: 5.2%
72.3% Labor Force Participation

Housing Overview

Owner 72.2%
Renter 27.8%
Affordability Index Affordable
3.4x home value to income ratio
Median gross rent $1,671/mo 16.6% of median household income annually

People & Demographics

Diversity Index

20out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 66 | National average: 61

Education

Allentown Rankings in New Jersey

#489 Population of 700
#255 Median Income of 662
#236 Education of 699
#355 Home Value of 678

Other Cities in Monmouth County

CityPopulationMedian IncomePovertyHome Value
Long Branch 32,530 $79,653 15.5% $574,000
Tinton Falls 19,361 $117,308 6.8% $478,000
Asbury Park 15,295 $75,544 21.9% $581,100
West Freehold 14,883 $130,800 4.0% $529,000
Eatontown 13,575 $90,463 4.4% $492,400
Red Bank 12,862 $97,477 8.7% $504,900
Freehold 12,507 $85,707 14.3% $416,800
Robertsville 12,035 $210,661 2.6% $685,100
Keansburg 9,719 $81,428 10.7% $311,800
Matawan 9,710 $123,354 10.5% $467,800

Cities Similar to Allentown

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bedminster1,670$128,594$742,20053.1%2.8%
Port Norris1,612N/A$118,7002.3%17.5%
Long Valley1,720$133,229$461,90059.5%1.9%
Island Heights1,720$109,231$546,80050.2%1.5%
Kingston1,670$110,813$475,90067.2%2.4%

Population Overview

Allentown is a small community located in New Jersey, within Monmouth County. The total population is 1,702. It ranks as the 489th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Allentown is 40.8 years. This is 2% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Allentown is $120,714. This is 17% higher than the state median of $103,556. It is also 50% higher than the national median of $80,734. The poverty rate stands at 4.4%. This is 55% lower than the state poverty rate of 9.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.7%. This is 41% lower than the state rate of 6.3%. The median home value is $415,600. Housing costs are 9% lower than the state median of $454,400. The home-value-to-income ratio is 3.4x. 72.2% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 63.8%.

Race & Ethnicity

Allentown has a predominantly White (non-Hispanic) population, comprising 89.4% of all residents. Hispanic or Latino residents account for 4.9%. The White (non-Hispanic) population is significantly higher than the state average (89.4% vs 50.9%). The Black or African American population (0.8%) is well below the state average of 12.2%. The Hispanic or Latino population (4.9%) is well below the state average of 22.5%. The Asian population (2.7%) is well below the state average of 10.1%.

Education

53.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 22% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.0%. Notably, 22.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Allentown, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Allentown, New Jersey?

Allentown, New Jersey has a population of 1,702 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Allentown, NJ?

The median household income in Allentown is $120,714, which is 50% higher than the national median of $80,734.

What is the poverty rate in Allentown, NJ?

The poverty rate in Allentown is 4.4%. This means approximately 75 residents live below the federal poverty line.

What is the racial makeup of Allentown, New Jersey?

Allentown's population is 89.4% White, 0.8% Black, 4.9% Hispanic/Latino, and 2.7% Asian.

What is the median home value in Allentown, NJ?

The median home value in Allentown is $415,600. The home-value-to-income ratio is 3.4x.

How educated is Allentown, New Jersey?

53.2% of adults (25+) in Allentown hold a bachelor's degree or higher, and 22.1% hold a graduate or professional degree.