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Morganville CDP, New Jersey Demographics & Population 2026

As of 2026, Morganville CDP, New Jersey has a total population of 5,544, the 274th largest city in New Jersey, with a median household income of $134,911, which is 34% higher than the state average. The poverty rate is 4.2%.

Key Takeaways

Morganville CDP Quick Facts

Population 5,544
Median Household Income $134,911
Median Home Value $575,900
Poverty Rate 4.2%
Unemployment Rate 1.8%
Median Age 46.0 years
Homeownership Rate 87.7%
Affordability Ratio 4.3x
Bachelor's Degree or Higher 58.9%
High School Graduation Rate 97.4%
Diversity Index 60/100
Population 5,544 274th of 700
Median Income $134,911 top 30%
Poverty Rate 4.2% 66% lower national
Median Home Value $575,900 top 30%

How Morganville CDP Compares

Economy & Housing

Employment

1.8% Unemployment Rate State: 6.2% | National: 5.2%
70.5% Labor Force Participation

Housing Overview

Owner 87.7%
Renter 12.3%
Affordability Index Moderate
4.3x home value to income ratio

People & Demographics

Diversity Index

60out of 100
High Diversity

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

State average: 65 | National average: 60

Education

Morganville CDP Rankings in New Jersey

#274 Population of 700
#174 Median Income of 700
#174 Education of 700
#169 Home Value of 700

Cities Similar to Morganville CDP

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Franklin Center CDP5,770$138,643$565,20068.2%5.6%
Union Beach borough5,722$128,400$452,90033.6%1.7%
Bargaintown CDP5,231$127,734$307,10045.1%5.9%
Rutgers University-Busch Campus CDP5,747$118,750N/A88.4%17.8%
Jamesburg borough5,763$117,719$344,90032.0%4.2%

Population Overview

Morganville CDP is a small city located in New Jersey. The total population is 5,544. It ranks as the 274th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Morganville CDP is 46.0 years. This is 15% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Morganville CDP is $134,911. This is 34% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 72% higher. The poverty rate stands at 4.2%. This is 57% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.8%. This is 71% lower than the state rate of 6.2%. The median home value is $575,900. Housing costs are 35% higher than the state median of $427,600. The home-value-to-income ratio is 4.3x. 87.7% of occupied housing units are owner-occupied. This homeownership rate is 38% higher than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Morganville CDP is White (non-Hispanic), making up 56.1% of the population. Asian residents account for 24.9%. The Black or African American population (0.3%) is well below the state average of 12.3%. The Hispanic or Latino population (7.6%) is well below the state average of 21.9%. The Asian population is significantly higher than the state average (24.9% vs 9.8%).

Education

58.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% 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 97.4%. Notably, 32.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Morganville CDP, 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 Morganville CDP, New Jersey?

Morganville CDP, New Jersey has a population of 5,544 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Morganville CDP, NJ?

The median household income in Morganville CDP is $134,911, which is 72% higher the national median of $78,538.

What is the poverty rate in Morganville CDP, NJ?

The poverty rate in Morganville CDP is 4.2%. This means approximately 232 residents live below the federal poverty line.

What is the racial makeup of Morganville CDP, New Jersey?

Morganville CDP's population is 56.1% White, 0.3% Black, 7.6% Hispanic/Latino, and 24.9% Asian.

What is the median home value in Morganville CDP, NJ?

The median home value in Morganville CDP is $575,900. The home-value-to-income ratio is 4.3x.

How educated is Morganville CDP, New Jersey?

58.9% of adults (25+) in Morganville CDP hold a bachelor's degree or higher, and 32.0% hold a graduate or professional degree.