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Matawan borough, New Jersey Demographics & Population 2026

As of 2026, Matawan borough, New Jersey has a total population of 9,636, the 165th largest city in New Jersey, with a median household income of $122,026, which is 21% higher than the state average. The poverty rate is 10.1%.

Matawan borough Quick Facts

Population 9,636
Median Household Income $122,026
Median Home Value $447,000
Poverty Rate 10.1%
Unemployment Rate 5.7%
Median Age 35.8 years
Homeownership Rate 57.2%
Affordability Ratio 3.7x
Bachelor's Degree or Higher 44.1%
High School Graduation Rate 95.4%
Diversity Index 58/100
Population 9,636 165th of 700
Median Income $122,026 above average
Poverty Rate 10.1% 19% lower national
Median Home Value $447,000 above average

How Matawan borough Compares

Economy & Housing

Employment

5.7% Unemployment Rate State: 6.2% | National: 5.2%
71.5% Labor Force Participation

Housing Overview

Owner 57.2%
Renter 42.8%
Affordability Index Affordable
3.7x home value to income ratio

People & Demographics

Diversity Index

58out of 100
High Diversity

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

State average: 65 | National average: 60

Education

Matawan borough Rankings in New Jersey

#165 Population of 700
#234 Median Income of 700
#331 Education of 700
#271 Home Value of 700

Other Cities in Monmouth County

CityPopulationMedian IncomePovertyHome Value
Long Branch city 32,184 $73,381 16.2% $519,000
Tinton Falls borough 19,252 $113,844 8.6% $458,300
Asbury Park city 15,239 $71,080 18.8% $508,800
Eatontown borough 13,537 $90,174 5.8% $454,300
Red Bank borough 12,864 $101,738 8.9% $477,000
Freehold borough 12,504 $82,183 14.3% $401,900
Keansburg borough 9,729 $87,484 11.4% $274,500
West Long Branch borough 8,576 $123,661 2.8% $631,300
Rumson borough 7,265 $250,001 3.2% $1,609,400
Keyport borough 7,159 $79,036 9.3% $374,800

Cities Similar to Matawan borough

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Monmouth Junction CDP9,457$125,892$497,10072.9%7.4%
Maywood borough10,042$119,306$495,70043.5%2.8%
Leonia borough9,300$116,429$634,50060.5%3.4%
South Amboy city9,714$110,125$365,00030.0%7.5%
Ashland CDP9,437$112,009$305,70052.0%8.6%

Population Overview

Matawan borough is a small city located in New Jersey, within Monmouth County. The total population is 9,636. It ranks as the 165th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Matawan borough is 35.8 years. This is 11% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Matawan borough is $122,026. This is 21% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 55% higher. The poverty rate stands at 10.1%. This is 3% higher than the state poverty rate of 9.8%. The unemployment rate is 5.7%. This is 7% lower than the state rate of 6.2%. The median home value is $447,000. Housing costs are 5% higher than the state median of $427,600. The home-value-to-income ratio is 3.7x. 57.2% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Matawan borough is White (non-Hispanic), making up 59.7% of the population. Hispanic or Latino residents account for 15.7%. The Asian population (1.7%) is well below the state average of 9.8%.

Education

44.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.4%.

Data Sources & Methodology

All demographic data for Matawan borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Matawan borough, New Jersey?

Matawan borough, New Jersey has a population of 9,636 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Matawan borough, NJ?

The median household income in Matawan borough is $122,026, which is 55% higher the national median of $78,538.

What is the poverty rate in Matawan borough, NJ?

The poverty rate in Matawan borough is 10.1%. This means approximately 962 residents live below the federal poverty line.

What is the racial makeup of Matawan borough, New Jersey?

Matawan borough's population is 59.7% White, 13.0% Black, 15.7% Hispanic/Latino, and 1.7% Asian.

What is the median home value in Matawan borough, NJ?

The median home value in Matawan borough is $447,000. The home-value-to-income ratio is 3.7x.

How educated is Matawan borough, New Jersey?

44.1% of adults (25+) in Matawan borough hold a bachelor's degree or higher, and 12.7% hold a graduate or professional degree.