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Menlo Park Terrace, New Jersey Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Menlo Park Terrace, New Jersey had a total population of 3,062, the 383rd largest community in New Jersey, with a median household income of $110,278, which is 6% higher than the state average. The poverty rate is 5.6%.

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

Key Takeaways

Menlo Park Terrace Quick Facts

Population 3,062
Median Household Income $110,278
Median Home Value $427,400
Poverty Rate 5.6%
Unemployment Rate 8.3%
Median Age 39.9 years
Homeownership Rate 86.8%
Affordability Ratio 3.9x
Bachelor's Degree or Higher 38.8%
High School Graduation Rate 89.3%
Diversity Index 76/100
Population 3,062 383rd of 700
Median Income $110,278 average
Poverty Rate 5.6% 55% lower than national
Median Home Value $427,400 average

How Menlo Park Terrace 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
Population2,9523,062+3.7%
Median household income$111,111$110,278-0.7%
Median home value$379,100$427,400+12.7%

How Menlo Park Terrace Compares

Economy & Housing

Household Income Distribution

Under $25K 6.3%
$25K-$50K 16.8%
$50K-$100K 22.6%
$100K+ 54.3%
Detailed income brackets
Under $10K
1.9%
$10K-$15K
0.8%
$15K-$20K
0.0%
$20K-$25K
3.6%
$25K-$30K
5.8%
$30K-$35K
2.5%
$35K-$40K
1.3%
$40K-$45K
5.9%
$45K-$50K
1.3%
$50K-$60K
4.0%
$60K-$75K
7.8%
$75K-$100K
10.9%
$100K-$125K
7.6%
$125K-$150K
12.1%
$150K-$200K
15.8%
$200K+
18.8%

Employment

8.3% Unemployment Rate State: 6.3%|National: 5.2%
69.7% Labor Force Participation

Housing Overview

Owner 86.8%
Renter 13.2%
Affordability Index Affordable
3.9x home value to income ratio
Median gross rent $1,971/mo 21.4% of median household income annually

People & Demographics

Diversity Index

76out of 100
Very High Diversity

This community is exceptionally diverse, with no single racial or ethnic group dominating the population.

State average: 66 | National average: 61

Education

Menlo Park Terrace Rankings in New Jersey

#383 Population of 700
#313 Median Income of 662
#384 Education of 699
#339 Home Value of 678

Other Cities in Middlesex County

CityPopulationMedian IncomePovertyHome Value
New Brunswick 56,345 $65,810 32.0% $353,800
Perth Amboy 55,855 $61,977 20.2% $370,600
Sayreville 45,838 $99,979 6.2% $444,100
Old Bridge 28,236 $111,996 6.9% $485,800
Carteret 25,496 $96,862 8.2% $405,800
South Plainfield 24,473 $130,239 3.0% $470,900
Woodbridge 20,756 $104,926 11.1% $390,000
Iselin 19,551 $109,500 7.9% $426,800
Colonia 18,587 $122,713 7.4% $493,100
Avenel 17,121 $101,670 7.9% $401,000

Cities Similar to Menlo Park Terrace

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Groveville3,100$112,188$405,60026.5%7.1%
Cliffwood Beach3,056$116,500$365,60026.4%1.6%
Port Monmouth3,046$104,135$451,30027.9%5.3%
North Middletown3,035$116,210$357,10021.1%10.7%
Rutgers University-Livingston Campus3,258N/AN/A94.0%N/A

Population Overview

Menlo Park Terrace is a small community located in New Jersey, within Middlesex County. The total population is 3,062. It ranks as the 383rd most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Menlo Park Terrace is 39.9 years. This is about the same as the state median of 40.1 years.

Economy, Income & Housing

The median household income in Menlo Park Terrace is $110,278. This is 6% higher than the state median of $103,556. It is also 37% higher than the national median of $80,734. The poverty rate stands at 5.6%. This is 43% lower than the state poverty rate of 9.7%. The unemployment rate is 8.3%. This is 32% higher than the state rate of 6.3%. The median home value is $427,400. Housing costs are 6% lower than the state median of $454,400. The home-value-to-income ratio is 3.9x. 86.8% of occupied housing units are owner-occupied. This homeownership rate is 36% higher than the state average of 63.8%.

Race & Ethnicity

Menlo Park Terrace is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 26.9%. The Asian population is significantly higher than the state average (31.1% vs 10.1%).

Education

38.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 11% 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 89.3%.

Data Sources & Methodology

All demographic data for Menlo Park Terrace, 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 Menlo Park Terrace, New Jersey?

Menlo Park Terrace, New Jersey has a population of 3,062 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Menlo Park Terrace, NJ?

The median household income in Menlo Park Terrace is $110,278, which is 37% higher than the national median of $80,734.

What is the poverty rate in Menlo Park Terrace, NJ?

The poverty rate in Menlo Park Terrace is 5.6%. This means approximately 171 residents live below the federal poverty line.

What is the racial makeup of Menlo Park Terrace, New Jersey?

Menlo Park Terrace's population is 26.9% White, 13.1% Black, 22.0% Hispanic/Latino, and 31.1% Asian.

What is the median home value in Menlo Park Terrace, NJ?

The median home value in Menlo Park Terrace is $427,400. The home-value-to-income ratio is 3.9x.

How educated is Menlo Park Terrace, New Jersey?

38.8% of adults (25+) in Menlo Park Terrace hold a bachelor's degree or higher, and 13.5% hold a graduate or professional degree.