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Freehold, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Freehold, New Jersey had a total population of 12,507, the 110th largest borough in New Jersey, with a median household income of $85,707, which is 17% lower than the state average. The poverty rate is 14.3%.

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

Key Takeaways

Freehold Quick Facts

Population 12,507
Median Household Income $85,707
Median Home Value $416,800
Poverty Rate 14.3%
Unemployment Rate 8.2%
Median Age 35.5 years
Homeownership Rate 53.8%
Affordability Ratio 4.9x
Bachelor's Degree or Higher 29.4%
High School Graduation Rate 83.6%
Diversity Index 59/100
Population 12,507 110th of 700
Median Income $85,707 bottom 30%
Poverty Rate 14.3% 15% higher than national
Median Home Value $416,800 average

How Freehold 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
Population12,50412,507+0.0%
Median household income$82,183$85,707+4.3%
Median home value$401,900$416,800+3.7%

How Freehold Compares

Economy & Housing

Household Income Distribution

Under $25K 13.5%
$25K-$50K 23.3%
$50K-$100K 20.2%
$100K+ 43.0%
Detailed income brackets
Under $10K
5.4%
$10K-$15K
3.6%
$15K-$20K
2.7%
$20K-$25K
1.8%
$25K-$30K
7.1%
$30K-$35K
3.8%
$35K-$40K
1.2%
$40K-$45K
4.1%
$45K-$50K
7.1%
$50K-$60K
2.6%
$60K-$75K
8.0%
$75K-$100K
9.6%
$100K-$125K
14.4%
$125K-$150K
5.7%
$150K-$200K
11.0%
$200K+
11.9%

Employment

8.2% Unemployment Rate State: 6.3%|National: 5.2%
69.7% Labor Force Participation

Housing Overview

Owner 53.8%
Renter 46.2%
Affordability Index Moderate
4.9x home value to income ratio
Median gross rent $1,832/mo 25.7% of median household income annually

People & Demographics

Diversity Index

59out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 66 | National average: 61

Education

Freehold Rankings in New Jersey

#110 Population of 700
#495 Median Income of 662
#503 Education of 699
#353 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
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
West Long Branch 8,586 $114,271 3.4% $684,300

Cities Similar to Freehold

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bound Brook12,219$90,571$397,10027.2%11.1%
Wallington11,889$85,862$528,30038.6%12.2%
Echelon13,284$82,932$328,60053.6%10.6%
Pennsville12,233$76,032$207,60021.9%12.5%
Red Bank12,862$97,477$504,90051.5%8.7%

Population Overview

Freehold is a small city located in New Jersey, within Monmouth County. The total population is 12,507. It ranks as the 110th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Freehold is 35.5 years. This is 11% lower than the state median of 40.1 years. With 28.0% of the population under 18, Freehold has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Freehold is $85,707. This is 17% lower than the state median of $103,556. It is also 6% higher than the national median of $80,734. The poverty rate stands at 14.3%. This is 47% higher than the state poverty rate of 9.7%. The unemployment rate is 8.2%. This is 30% higher than the state rate of 6.3%. The median home value is $416,800. Housing costs are 8% lower than the state median of $454,400. The home-value-to-income ratio is 4.9x. 53.8% of occupied housing units are owner-occupied. This homeownership rate is 16% lower than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Freehold is Hispanic or Latino, making up 53.3% of the population. White (non-Hispanic) residents account for 35.2%. The Black or African American population (5.7%) is well below the state average of 12.2%. The Hispanic or Latino population is significantly higher than the state average (53.3% vs 22.5%). The Asian population (3.4%) is well below the state average of 10.1%.

Education

29.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% lower 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 83.6%.

Data Sources & Methodology

All demographic data for Freehold, 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 Freehold, New Jersey?

Freehold, New Jersey has a population of 12,507 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Freehold, NJ?

The median household income in Freehold is $85,707, which is 6% higher than the national median of $80,734.

What is the poverty rate in Freehold, NJ?

The poverty rate in Freehold is 14.3%. This means approximately 1,732 residents live below the federal poverty line.

What is the racial makeup of Freehold, New Jersey?

Freehold's population is 35.2% White, 5.7% Black, 53.3% Hispanic/Latino, and 3.4% Asian.

What is the median home value in Freehold, NJ?

The median home value in Freehold is $416,800. The home-value-to-income ratio is 4.9x.

How educated is Freehold, New Jersey?

29.4% of adults (25+) in Freehold hold a bachelor's degree or higher, and 9.4% hold a graduate or professional degree.