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Matawan, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Matawan, New Jersey had a total population of 9,710, the 166th largest borough in New Jersey, with a median household income of $123,354, which is 19% higher than the state average. The poverty rate is 10.5%.

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

Matawan Quick Facts

Population 9,710
Median Household Income $123,354
Median Home Value $467,800
Poverty Rate 10.5%
Unemployment Rate 5.1%
Median Age 34.7 years
Homeownership Rate 51.9%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 43.4%
High School Graduation Rate 94.7%
Diversity Index 56/100
Population 9,710 166th of 700
Median Income $123,354 above average
Poverty Rate 10.5% 16% lower than national
Median Home Value $467,800 above average

How Matawan 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
Population9,6369,710+0.8%
Median household income$122,026$123,354+1.1%
Median home value$447,000$467,800+4.7%

How Matawan Compares

Economy & Housing

Household Income Distribution

Under $25K 10.4%
$25K-$50K 8.6%
$50K-$100K 25.0%
$100K+ 55.9%
Detailed income brackets
Under $10K
2.2%
$10K-$15K
5.7%
$15K-$20K
0.5%
$20K-$25K
2.1%
$25K-$30K
3.7%
$30K-$35K
0.0%
$35K-$40K
2.2%
$40K-$45K
1.1%
$45K-$50K
1.6%
$50K-$60K
4.7%
$60K-$75K
6.6%
$75K-$100K
13.8%
$100K-$125K
8.3%
$125K-$150K
12.9%
$150K-$200K
12.6%
$200K+
22.1%

Employment

5.1% Unemployment Rate State: 6.3%|National: 5.2%
73.0% Labor Force Participation

Housing Overview

Owner 51.9%
Renter 48.1%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $1,824/mo 17.7% of median household income annually

People & Demographics

Diversity Index

56out of 100
High Diversity

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

State average: 66 | National average: 61

Education

Matawan Rankings in New Jersey

#166 Population of 700
#239 Median Income of 662
#338 Education of 699
#273 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
West Long Branch 8,586 $114,271 3.4% $684,300

Cities Similar to Matawan

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ashland9,320$118,500$336,20054.2%6.4%
Maywood10,093$117,912$533,50046.6%3.9%
Leonia9,336$129,665$672,90061.0%4.3%
Lake Hopatcong10,259$117,625$424,20046.4%4.0%
Wood-Ridge10,218$136,108$566,20053.6%6.9%

Population Overview

Matawan is a small city located in New Jersey, within Monmouth County. The total population is 9,710. It ranks as the 166th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Matawan is 34.7 years. This is 13% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Matawan is $123,354. This is 19% higher than the state median of $103,556. It is also 53% higher than the national median of $80,734. The poverty rate stands at 10.5%. This is 8% higher than the state poverty rate of 9.7%. The unemployment rate is 5.1%. This is 19% lower than the state rate of 6.3%. The median home value is $467,800. Housing costs are 3% higher than the state median of $454,400. The home-value-to-income ratio is 3.8x. 51.9% of occupied housing units are owner-occupied. This homeownership rate is 19% lower than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Matawan is White (non-Hispanic), making up 62.4% of the population. Hispanic or Latino residents account for 15.8%. The Asian population (1.3%) is well below the state average of 10.1%.

Education

43.4% 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. The high school graduation rate (or equivalent) is 94.7%.

Data Sources & Methodology

All demographic data for Matawan, 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 Matawan, New Jersey?

Matawan, New Jersey has a population of 9,710 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Matawan, NJ?

The median household income in Matawan is $123,354, which is 53% higher than the national median of $80,734.

What is the poverty rate in Matawan, NJ?

The poverty rate in Matawan is 10.5%. This means approximately 1,014 residents live below the federal poverty line.

What is the racial makeup of Matawan, New Jersey?

Matawan's population is 62.4% White, 11.7% Black, 15.8% Hispanic/Latino, and 1.3% Asian.

What is the median home value in Matawan, NJ?

The median home value in Matawan is $467,800. The home-value-to-income ratio is 3.8x.

How educated is Matawan, New Jersey?

43.4% of adults (25+) in Matawan hold a bachelor's degree or higher, and 13.2% hold a graduate or professional degree.