Menlo Park Terrace

Population: 2,952
Median household income: $111,111
Median home value: $379,100

Menlo Park Terrace is a community in Middlesex County, New Jersey, home to 2,952 residents. At $111,111, its median household income sits in line with Middlesex County's $109,028.

From 2020 to 2023, Menlo Park Terrace's population grew 17.9% from 2,503 to 2,952, while its median home value rose 13.4% from $334,200 to $379,100.

The median gross rent is $1,879. 37.8% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 2,952
Median age: 40.1 yrs
Median household income: $111,111
Median home value: $379,100
Median gross rent: $1,879
Housing units: 931
Homeownership rate: 89.9%
Bachelor's degree or higher: 37.8%
Unemployment rate: 6.9%

Trends

ACS 5-year · 2019–2023

Population

2,5032,952

Median household income

$103,036$111,111

Median home value

$334,200$379,100

Median gross rent

$2,450$1,879

Year	Population	Median household income	Median home value	Median gross rent
2020	2,503	$103,036	$334,200	$2,450
2021	2,874	$116,304	$339,600	$2,575
2022	3,117	$119,474	$366,000	$1,835
2023	2,952	$111,111	$379,100	$1,879

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 58.1%

5 to 1715.3%

18 to 246.2%

25 to 3411.7%

35 to 4413.0%

45 to 5412.3%

55 to 6413.9%

65 to 7411.7%

75 and over7.8%

	Count	Share
Under 5	238	8.1%
5 to 17	451	15.3%
18 to 24	184	6.2%
25 to 34	345	11.7%
35 to 44	383	13.0%
45 to 54	363	12.3%
55 to 64	411	13.9%
65 to 74	346	11.7%
75 and over	231	7.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	927	31.4%
Black or African American	245	8.3%
American Indian & Alaska Native	0	0.0%
Asian	852	28.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	25	0.8%
Two or more races	168	5.7%
Hispanic or Latino (any race)	735	24.9%

Educational attainment (age 25+)

No high school diploma11.2%

High school graduate30.2%

Some college or associate's20.9%

Bachelor's degree22.8%

Graduate or professional degree15.0%

	Count	Share
No high school diploma	233	11.2%
High school graduate	627	30.2%
Some college or associate's	434	20.9%
Bachelor's degree	473	22.8%
Graduate or professional degree	312	15.0%

Commute to work

Mean travel time to work: 30 min

Drove alone61.8%

Carpooled11.1%

Public transit11.3%

Walked4.3%

Bicycle0.0%

Worked from home10.8%

Other means0.8%

How workers get to work

	Count	Share
Drove alone	882	61.8%
Carpooled	158	11.1%
Public transit	161	11.3%
Walked	61	4.3%
Bicycle	0	0.0%
Worked from home	154	10.8%
Other means	11	0.8%

Travel time

	Count	Share
Under 15 min	300	23.6%
15 to 29 min	421	33.1%
30 to 44 min	220	17.3%
45 to 59 min	144	11.3%
60+ min	188	14.8%

Households

Average household size: 3.28
Poverty rate: 6.0% (176 of 2,940)

	Count	Share
Family households	693	77.0%
Nonfamily households	207	23.0%

Housing

Median year structure built: 1954

Occupancy

	Count	Share
Occupied	900	96.7%
Vacant	31	3.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	809	89.9%
Renter-occupied	91	10.1%

1-unit, detached86.0%

1-unit, attached0.0%

2 to 4 units4.2%

5 to 19 units5.3%

20 or more units4.5%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	801	86.0%
1-unit, attached	0	0.0%
2 to 4 units	39	4.2%
5 to 19 units	49	5.3%
20 or more units	42	4.5%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3445450
Type (LSAD): 57
Land area: 0.37 sq mi
Water area: 0 sq mi
Center point: 40.5534, -74.3243