US Census Data
Population
721
-18.3%’19–’23
Median household income
$217,500
+89.4%’19–’23
Median home value
$727,600
+28.4%’19–’23

Allenwood is a community in Monmouth County, New Jersey, home to 721 residents. At $217,500, its median household income sits above Monmouth County's $122,727.

From 2019 to 2023, Allenwood's population declined 18.3% from 883 to 721, while its median home value rose 28.4% from $566,600 to $727,600.

55.7% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 84.3% of the area's occupied homes.

Demographics

ACS 2019–2023
Population
721
Median age
44.9 yrs
Median household income
$217,500
Median home value
$727,600
Median gross rent
Housing units
310
Homeownership rate
84.3%
Bachelor's degree or higher
55.7%
Unemployment rate
2.5%

Trends

ACS 5-year · 2019–2023
Population
883721
Median household income
$114,861$217,500
Median home value
$566,600$727,600
YearPopulationMedian household incomeMedian home valueMedian gross rent
2019883$114,861$566,600$1,705
2020857$131,681$554,500
2021708$155,536$518,400
2022623$153,750$606,100
2023721$217,500$727,600

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

Age distribution

CountShare
Under 5466.4%
5 to 177710.7%
18 to 24689.4%
25 to 349813.6%
35 to 447410.3%
45 to 5419927.6%
55 to 647610.5%
65 to 748311.5%
75 and over00.0%

Race & ethnicity

CountShare
White (non-Hispanic)68294.6%
Black or African American00.0%
American Indian & Alaska Native00.0%
Asian131.8%
Native Hawaiian & Pacific Islander00.0%
Some other race00.0%
Two or more races263.6%
Hispanic or Latino (any race)00.0%

Educational attainment (age 25+)

CountShare
No high school diploma00.0%
High school graduate9117.2%
Some college or associate's14427.2%
Bachelor's degree19035.8%
Graduate or professional degree10519.8%

Commute to work

Mean travel time to work
31 min

How workers get to work

CountShare
Drove alone46790.7%
Carpooled418.0%
Public transit00.0%
Walked00.0%
Bicycle00.0%
Worked from home71.4%
Other means00.0%

Travel time

CountShare
Under 15 min8416.5%
15 to 29 min28055.1%
30 to 44 min265.1%
45 to 59 min234.5%
60+ min9518.7%

Households

Average household size
2.63
Poverty rate
5.3% (38 of 721)
CountShare
Family households19370.4%
Nonfamily households8129.6%

Housing

Median year structure built
1964

Occupancy

CountShare
Occupied27488.4%
Vacant3611.6%

Tenure (of occupied units)

CountShare
Owner-occupied23184.3%
Renter-occupied4315.7%

Units in structure

CountShare
1-unit, detached310100.0%
1-unit, attached00.0%
2 to 4 units00.0%
5 to 19 units00.0%
20 or more units00.0%
Mobile home & other00.0%

Geography

Place GEOID
3400790
Type (LSAD)
57
Land area
1.75 sq mi
Water area
0.12 sq mi
Center point
40.1354, -74.0981

Compare with nearby cities

5

New Jersey rankings

21

Other places in Monmouth County

59