Leonardo, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Leonardo, New Jersey had a total population of 2,493, the 421st largest community in New Jersey, with a median household income of $138,125, which is 33% higher than the state average. The poverty rate is 2.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 33% above the state average — one of the wealthiest communities in New Jersey.
- An exceptionally low poverty rate of 2.4% — among the lowest in New Jersey.
Leonardo Quick Facts
How Leonardo Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,342 | 2,493 | +6.4% |
| Median household income | $122,216 | $138,125 | +13.0% |
| Median home value | $432,200 | $450,700 | +4.3% |
How Leonardo Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Leonardo Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Monmouth County
| City | Population | Median Income | Poverty | Home 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 Leonardo
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Seaville | 2,589 | $139,444 | $461,300 | 54.2% | 3.5% |
| Stockton University | 2,621 | N/A | N/A | 63.5% | N/A |
| Ten Mile Run | 2,492 | $162,868 | $710,200 | 73.9% | 0.0% |
| Pine Beach | 2,306 | $142,920 | $457,800 | 50.7% | 2.9% |
| Keasbey | 2,252 | N/A | $278,800 | 17.3% | 31.1% |
Population Overview
Leonardo is a small community located in New Jersey, within Monmouth County. The total population is 2,493. It ranks as the 421st most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Leonardo is 36.9 years. This is 8% lower than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Leonardo is $138,125. This is 33% higher than the state median of $103,556. It is also 71% higher than the national median of $80,734. The poverty rate stands at 2.4%. This is 76% 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 4.8%. This is 24% lower than the state rate of 6.3%. The median home value is $450,700. Housing costs are about the same as the state median of $454,400. The home-value-to-income ratio is 3.3x. 83.9% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 63.8%.
Race & Ethnicity
Leonardo has a predominantly White (non-Hispanic) population, comprising 87.6% of all residents. Hispanic or Latino residents account for 9.3%. The White (non-Hispanic) population is significantly higher than the state average (87.6% vs 50.9%). The Hispanic or Latino population (9.3%) is well below the state average of 22.5%. The Asian population (1.2%) is well below the state average of 10.1%.
Education
43.6% of residents aged 25 and older hold a bachelor's degree or higher. This is about the same as the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample.
Data Sources & Methodology
All demographic data for Leonardo, 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.
Free data download: Get all New Jersey city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Leonardo, New Jersey?
Leonardo, New Jersey has a population of 2,493 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Leonardo, NJ?
The median household income in Leonardo is $138,125, which is 71% higher than the national median of $80,734.
What is the poverty rate in Leonardo, NJ?
The poverty rate in Leonardo is 2.4%. This means approximately 58 residents live below the federal poverty line.
What is the racial makeup of Leonardo, New Jersey?
Leonardo's population is 87.6% White, 0.0% Black, 9.3% Hispanic/Latino, and 1.2% Asian.
What is the median home value in Leonardo, NJ?
The median home value in Leonardo is $450,700. The home-value-to-income ratio is 3.3x.
How educated is Leonardo, New Jersey?
43.6% of adults (25+) in Leonardo hold a bachelor's degree or higher, and 10.8% hold a graduate or professional degree.