Freehold vs Red Bank

A side-by-side comparison of Freehold and Red Bank: population, income, housing, and more.

Freehold and Red Bank are places in New Jersey. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Red Bank has the higher population (12,864 vs 12,504 in Freehold). Red Bank has the higher median household income ($101,738 vs $82,183 in Freehold). Red Bank has the higher median home value ($477,000 vs $401,900 in Freehold).

Population, income & housing

	Freehold	Red Bank
Population	12,504	12,864
Median age	35.4 yrs	39.7 yrs
Median household income	$82,183	$101,738
Median home value	$401,900	$477,000
Median gross rent	$1,818	$1,985
Housing units	4,437	6,184
Homeownership rate	50.2%	50.1%
Bachelor's degree or higher	28.7%	52.0%
Unemployment rate	7.1%	3.1%

Trends (ACS 5-year, 2019–2023)

	Freehold	Red Bank
Population	11,797 → 12,504 (+6.0%)	12,072 → 12,864 (+6.6%)
Median household income	$61,314 → $82,183 (+34.0%)	$74,181 → $101,738 (+37.1%)
Median home value	$291,800 → $401,900 (+37.7%)	$404,400 → $477,000 (+18.0%)
Median gross rent	$1,458 → $1,818 (+24.7%)	$1,578 → $1,985 (+25.8%)

Freehold

Population

11,79712,504

Median household income

$61,314$82,183

Median home value

$291,800$401,900

Median gross rent

$1,458$1,818

Red Bank

Population

12,07212,864

Median household income

$74,181$101,738

Median home value

$404,400$477,000

Median gross rent

$1,578$1,985

Age & race/ethnicity

Age distribution (share)

	Freehold	Red Bank
Under 5	6.3%	4.7%
5 to 17	21.1%	16.4%
18 to 24	9.7%	4.5%
25 to 34	12.3%	15.4%
35 to 44	13.1%	15.6%
45 to 54	10.9%	9.7%
55 to 64	12.2%	12.6%
65 to 74	8.2%	12.3%
75 and over	6.1%	8.8%

Race & ethnicity (share)

	Freehold	Red Bank
White (non-Hispanic)	35.8%	58.3%
Black or African American	6.8%	6.7%
American Indian & Alaska Native	0.0%	0.1%
Asian	3.0%	1.4%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.3%	0.0%
Two or more races	1.8%	2.6%
Hispanic or Latino	52.2%	31.0%

Educational attainment (age 25+)

Share of adults 25+

	Freehold	Red Bank
No high school diploma	16.2%	11.7%
High school graduate	32.4%	19.3%
Some college or associate's	22.7%	17.0%
Bachelor's degree	20.6%	28.7%
Graduate or professional degree	8.1%	23.3%

Commute to work

How workers get to work (share)

	Freehold	Red Bank
Drove alone	54.5%	64.3%
Carpooled	16.6%	6.7%
Public transit	3.7%	4.8%
Walked	6.0%	5.2%
Bicycle	2.3%	0.0%
Worked from home	11.5%	13.5%
Other means	5.5%	5.5%

Housing

Units in structure (share)

	Freehold	Red Bank
1-unit, detached	54.6%	42.3%
1-unit, attached	8.2%	8.7%
2 to 4 units	13.0%	14.5%
5 to 19 units	4.4%	11.7%
20 or more units	19.0%	22.7%
Mobile home & other	0.7%	0.0%

Poverty & households

	Freehold	Red Bank
Poverty rate	14.3%	8.9%
Average household size	2.91	2.15
Mean commute (minutes)	23	31
Median year structure built	1963	1955