Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Red Bank borough, New Jersey?
City · Census ACS 5-Year estimates
The median home value in Red Bank borough, New Jersey is $504,900 (±$63,340), based on Census ACS 5-Year estimates (2024). The median gross rent is $2,026/month, and the median household income is $97,477/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Red Bank borough, New Jersey
| Metric | Value |
|---|---|
| Median Home Value | $504,900 |
| Median Gross Rent | $2,026 |
| Median Household Income | $97,477 |
| Total Housing Units | 5,983 |
| Renter-Occupied Units | 2,988 |
| Renter-Occupied Share | 50% |
How does Red Bank borough, New Jersey compare?
Median home value ranked against all cities in New Jersey.
Higher home value than 66% of cities in New Jersey · 234th of 678
| # | City | Value |
|---|---|---|
| 1 | Saddle River borough | $2,000,001 |
| 1 | Spring Lake borough | $2,000,001 |
| 1 | Sea Girt borough | $2,000,001 |
| … 230 more … | ||
| 234 | Red Bank borough(you are here) | $504,900 |
| … 441 more … | ||
| 676 | Crestwood Village CDP | $96,500 |
| 677 | Cedar Glen West CDP | $82,900 |
| 678 | Salem city | $79,800 |
More data for Red Bank borough, New Jersey
Frequently asked questions
What is the median home value in Red Bank borough, New Jersey?
The median home value in Red Bank borough, New Jersey is $504,900, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Red Bank borough, New Jersey?
The median gross rent in Red Bank borough, New Jersey is $2,026/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Red Bank borough, New Jersey?
The median household income in Red Bank borough, New Jersey is $97,477/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $504,900 has a margin of error of ±$63,340. In very small areas, MOEs can be large relative to the estimate.
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