Skip to main content

Red Bank, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Red Bank, New Jersey had a total population of 12,862, the 106th largest borough in New Jersey, with a median household income of $97,477, which is 6% lower than the state average. The poverty rate is 8.7%.

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

Red Bank Quick Facts

Population 12,862
Median Household Income $97,477
Median Home Value $504,900
Poverty Rate 8.7%
Unemployment Rate 3.5%
Median Age 39.4 years
Homeownership Rate 50.1%
Affordability Ratio 5.2x
Bachelor's Degree or Higher 51.5%
High School Graduation Rate 88.7%
Diversity Index 55/100
Population 12,862 106th of 700
Median Income $97,477 below average
Poverty Rate 8.7% 30% lower than national
Median Home Value $504,900 above average

How Red Bank 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
Population12,86412,862-0.0%
Median household income$101,738$97,477-4.2%
Median home value$477,000$504,900+5.8%

How Red Bank Compares

Economy & Housing

Household Income Distribution

Under $25K 13.3%
$25K-$50K 12.9%
$50K-$100K 25.4%
$100K+ 48.4%
Detailed income brackets
Under $10K
2.0%
$10K-$15K
5.6%
$15K-$20K
4.1%
$20K-$25K
1.6%
$25K-$30K
2.2%
$30K-$35K
3.4%
$35K-$40K
2.6%
$40K-$45K
3.2%
$45K-$50K
1.6%
$50K-$60K
6.3%
$60K-$75K
6.3%
$75K-$100K
12.9%
$100K-$125K
9.4%
$125K-$150K
4.6%
$150K-$200K
11.6%
$200K+
22.9%

Employment

3.5% Unemployment Rate State: 6.3%|National: 5.2%
71.7% Labor Force Participation

Housing Overview

Owner 50.1%
Renter 49.9%
Affordability Index Expensive
5.2x home value to income ratio
Median gross rent $2,026/mo 24.9% of median household income annually

People & Demographics

Diversity Index

55out of 100
High Diversity

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

State average: 66 | National average: 61

Education

Red Bank Rankings in New Jersey

#106 Population of 700
#406 Median Income of 662
#251 Education of 699
#234 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
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
Matawan 9,710 $123,354 10.5% $467,800
West Long Branch 8,586 $114,271 3.4% $684,300

Cities Similar to Red Bank

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Woodland Park13,355$98,845$497,60041.7%3.8%
Ridgefield Park13,235$100,718$496,70034.5%11.9%
Somerville13,410$103,760$435,70054.7%5.9%
Bound Brook12,219$90,571$397,10027.2%11.1%
Eatontown13,575$90,463$492,40037.9%4.4%

Population Overview

Red Bank is a small city located in New Jersey, within Monmouth County. The total population is 12,862. It ranks as the 106th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Red Bank is 39.4 years. This is 2% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Red Bank is $97,477. This is 6% lower than the state median of $103,556. It is also 21% higher than the national median of $80,734. The poverty rate stands at 8.7%. This is 11% lower than the state poverty rate of 9.7%. The unemployment rate is 3.5%. This is 44% lower than the state rate of 6.3%. The median home value is $504,900. Housing costs are 11% higher than the state median of $454,400. The home-value-to-income ratio is 5.2x. 50.1% of occupied housing units are owner-occupied. This homeownership rate is 22% lower than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Red Bank is White (non-Hispanic), making up 58.5% of the population. Hispanic or Latino residents account for 31.9%. The Black or African American population (4.9%) is well below the state average of 12.2%. The Asian population (1.6%) is well below the state average of 10.1%.

Education

51.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% higher 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 88.7%. Notably, 24.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Red Bank, 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.

Free data download: Get all New Jersey city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Red Bank, New Jersey?

Red Bank, New Jersey has a population of 12,862 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Red Bank, NJ?

The median household income in Red Bank is $97,477, which is 21% higher than the national median of $80,734.

What is the poverty rate in Red Bank, NJ?

The poverty rate in Red Bank is 8.7%. This means approximately 1,099 residents live below the federal poverty line.

What is the racial makeup of Red Bank, New Jersey?

Red Bank's population is 58.5% White, 4.9% Black, 31.9% Hispanic/Latino, and 1.6% Asian.

What is the median home value in Red Bank, NJ?

The median home value in Red Bank is $504,900. The home-value-to-income ratio is 5.2x.

How educated is Red Bank, New Jersey?

51.5% of adults (25+) in Red Bank hold a bachelor's degree or higher, and 24.9% hold a graduate or professional degree.