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Rumson borough, New Jersey Demographics & Population 2026

Highest IncomeHighest median household income in New Jersey

As of 2026, Rumson borough, New Jersey has a total population of 7,265, the 222nd largest city in New Jersey, with a median household income of $250,001, which is 147% higher than the state average. The poverty rate is 3.2%.

Key Takeaways

Rumson borough Quick Facts

Population 7,265
Median Household Income $250,001
Median Home Value $1,609,400
Poverty Rate 3.2%
Unemployment Rate 4.8%
Median Age 43.1 years
Homeownership Rate 93.2%
Affordability Ratio 6.4x
Bachelor's Degree or Higher 77.7%
High School Graduation Rate 98.7%
Diversity Index 13/100
Population 7,265 222nd of 700
Median Income $250,001 top 10%
Poverty Rate 3.2% 75% lower national
Median Home Value $1,609,400 top 10%

How Rumson borough Compares

Economy & Housing

Employment

4.8% Unemployment Rate State: 6.2% | National: 5.2%
62.3% Labor Force Participation

Housing Overview

Owner 93.2%
Renter 6.8%
Affordability Index Expensive
6.4x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 60

Education

Rumson borough Rankings in New Jersey

#222 Population of 700
#1 Median Income of 700
#32 Education of 700
#11 Home Value of 700

Other Cities in Monmouth County

CityPopulationMedian IncomePovertyHome 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
Red Bank borough 12,864 $101,738 8.9% $477,000
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
Keyport borough 7,159 $79,036 9.3% $374,800

Cities Similar to Rumson borough

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Glen Ridge borough7,827$248,016$730,60083.4%1.0%
Bernardsville borough7,871$231,006$737,60069.5%1.0%
Mountainside borough6,967$210,100$755,60066.2%2.9%
Belle Mead CDP6,772$219,215$777,60073.0%2.7%
Upper Saddle River borough8,354$246,719$1,101,80074.3%4.4%

Population Overview

Rumson borough is a small city located in New Jersey, within Monmouth County. The total population is 7,265. It ranks as the 222nd most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Rumson borough is 43.1 years. This is 7% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Rumson borough is $250,001. This is 147% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 218% higher. The poverty rate stands at 3.2%. This is 68% 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 4.8%. This is 22% lower than the state rate of 6.2%. The median home value is $1,609,400. Housing costs are 276% higher than the state median of $427,600. The home-value-to-income ratio of 6.4x suggests that housing affordability is a significant concern for many residents. 93.2% of occupied housing units are owner-occupied. This homeownership rate is 46% higher than the state average of 63.7%.

Race & Ethnicity

Rumson borough has a predominantly White (non-Hispanic) population, comprising 93.2% of all residents. Hispanic or Latino residents account for 3.8%. The White (non-Hispanic) population is significantly higher than the state average (93.2% vs 51.9%). The Black or African American population (0.1%) is well below the state average of 12.3%. The Hispanic or Latino population (3.8%) is well below the state average of 21.9%. The Asian population (0.6%) is well below the state average of 9.8%.

Education

77.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Rumson borough in the top 10% of all cities in the state for educational attainment. This is 81% 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 98.7%. Notably, 31.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Rumson 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 Rumson borough, New Jersey?

Rumson borough, New Jersey has a population of 7,265 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Rumson borough, NJ?

The median household income in Rumson borough is $250,001, which is 218% higher the national median of $78,538.

What is the poverty rate in Rumson borough, NJ?

The poverty rate in Rumson borough is 3.2%. This means approximately 229 residents live below the federal poverty line.

What is the racial makeup of Rumson borough, New Jersey?

Rumson borough's population is 93.2% White, 0.1% Black, 3.8% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Rumson borough, NJ?

The median home value in Rumson borough is $1,609,400. The home-value-to-income ratio is 6.4x.

How educated is Rumson borough, New Jersey?

77.7% of adults (25+) in Rumson borough hold a bachelor's degree or higher, and 31.2% hold a graduate or professional degree.