Allenwood, New Jersey Demographics & Population 2026

A note before these figures: with a population of 757, Allenwood's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Allenwood is a small community located in New Jersey, within Monmouth County. The total population is 757. It ranks as the 575th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Allenwood is 32.9 years. This is 18% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Allenwood is $224,704. This is 117% higher than the state median of $103,556. It is also 178% 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 2.7%. This is 57% lower than the state rate of 6.3%. The median home value is $758,000. Housing costs are 67% higher than the state median of $454,400. The home-value-to-income ratio is 3.4x. 95.4% of occupied housing units are owner-occupied. This homeownership rate is 49% higher than the state average of 63.8%.

Race & Ethnicity

Allenwood has a predominantly White (non-Hispanic) population, comprising 93.9% of all residents. Asian residents account for 1.5%. The White (non-Hispanic) population is significantly higher than the state average (93.9% vs 50.9%). The Asian population (1.5%) is well below the state average of 10.1%.

Education

60.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% 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 97.8%. Notably, 28.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Allenwood, 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.