Red Bank borough, New Jersey Demographics & Population 2026
As of 2026, Red Bank borough, New Jersey has a total population of 12,864, the 107th largest city in New Jersey, with a median household income of $101,738, which is about average than the state average. The poverty rate is 8.9%.
Red Bank borough Quick Facts
How Red Bank borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 65 | National average: 60
Education
Educational Attainment (Adults 25+)
Red Bank borough Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Monmouth County
| City | Population | Median Income | Poverty | Home 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 |
| Freehold borough | 12,504 | $82,183 | 14.3% | $401,900 |
| Keansburg borough | 9,729 | $87,484 | 11.4% | $274,500 |
| Matawan borough | 9,636 | $122,026 | 10.1% | $447,000 |
| 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 Red Bank borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Somerville borough | 12,958 | $103,869 | $403,600 | 53.5% | 6.2% |
| Ridgefield Park village | 13,167 | $98,184 | $459,400 | 35.5% | 13.0% |
| Fords CDP | 13,052 | $116,250 | $414,100 | 38.8% | 5.1% |
| Franklin Park CDP | 13,327 | $111,508 | $326,800 | 58.3% | 8.2% |
| Roselle Park borough | 13,965 | $104,418 | $405,800 | 39.0% | 5.1% |
Population Overview
Red Bank borough is a small city located in New Jersey, within Monmouth County. The total population is 12,864. It ranks as the 107th most populous out of 700 cities and towns in New Jersey.
Age Demographics
The median age in Red Bank borough is 39.7 years. This is about average than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Red Bank borough is $101,738. This is about average than the state median of $101,050. Compared to the national median of $78,538, household income here is 30% higher. The poverty rate stands at 8.9%. This is 9% lower than the state poverty rate of 9.8%. The unemployment rate is 3.1%. This is 49% lower than the state rate of 6.2%. The median home value is $477,000. Housing costs are 12% higher than the state median of $427,600. The home-value-to-income ratio is 4.7x. 50.1% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 63.7%.
Race & Ethnicity
The largest racial or ethnic group in Red Bank borough is White (non-Hispanic), making up 58.3% of the population. Hispanic or Latino residents account for 31.0%. The Asian population (1.4%) is well below the state average of 9.8%.
Education
52.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 21% 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 88.3%. Notably, 23.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Red Bank 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 Red Bank borough, New Jersey?
Red Bank borough, New Jersey has a population of 12,864 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Red Bank borough, NJ?
The median household income in Red Bank borough is $101,738, which is 30% higher the national median of $78,538.
What is the poverty rate in Red Bank borough, NJ?
The poverty rate in Red Bank borough is 8.9%. This means approximately 1,127 residents live below the federal poverty line.
What is the racial makeup of Red Bank borough, New Jersey?
Red Bank borough's population is 58.3% White, 6.7% Black, 31.0% Hispanic/Latino, and 1.4% Asian.
What is the median home value in Red Bank borough, NJ?
The median home value in Red Bank borough is $477,000. The home-value-to-income ratio is 4.7x.
How educated is Red Bank borough, New Jersey?
52.0% of adults (25+) in Red Bank borough hold a bachelor's degree or higher, and 23.3% hold a graduate or professional degree.