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
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.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 12,864 | 12,862 | -0.0% |
| Median household income | $101,738 | $97,477 | -4.2% |
| Median home value | $477,000 | $504,900 | +5.8% |
How Red Bank Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Red Bank Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Monmouth County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Woodland Park | 13,355 | $98,845 | $497,600 | 41.7% | 3.8% |
| Ridgefield Park | 13,235 | $100,718 | $496,700 | 34.5% | 11.9% |
| Somerville | 13,410 | $103,760 | $435,700 | 54.7% | 5.9% |
| Bound Brook | 12,219 | $90,571 | $397,100 | 27.2% | 11.1% |
| Eatontown | 13,575 | $90,463 | $492,400 | 37.9% | 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.
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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.