Freehold

Population: 12,504
Median household income: $82,183
Median home value: $401,900

Located in Monmouth County, New Jersey, Freehold is a community with a population of 12,504. Its median household income of $82,183 runs below the Monmouth County figure of $122,727.

Between 2019 and 2023, Freehold's population grew 6.0% from 11,797 to 12,504, while its median home value rose 37.7% from $291,800 to $401,900.

The typical home was built around 1963. 14.3% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 12,504
Median age: 35.4 yrs
Median household income: $82,183
Median home value: $401,900
Median gross rent: $1,818
Housing units: 4,437
Homeownership rate: 50.2%
Bachelor's degree or higher: 28.7%
Unemployment rate: 7.1%

Trends

ACS 5-year · 2019–2023

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

Year	Population	Median household income	Median home value	Median gross rent
2019	11,797	$61,314	$291,800	$1,458
2020	11,755	$60,038	$310,600	$1,497
2021	12,485	$62,942	$323,900	$1,538
2022	12,498	$71,205	$361,700	$1,678
2023	12,504	$82,183	$401,900	$1,818

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

Age distribution

Under 56.3%

5 to 1721.1%

18 to 249.7%

25 to 3412.3%

35 to 4413.1%

45 to 5410.9%

55 to 6412.2%

65 to 748.2%

75 and over6.1%

	Count	Share
Under 5	786	6.3%
5 to 17	2,637	21.1%
18 to 24	1,208	9.7%
25 to 34	1,537	12.3%
35 to 44	1,643	13.1%
45 to 54	1,369	10.9%
55 to 64	1,529	12.2%
65 to 74	1,029	8.2%
75 and over	766	6.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	4,479	35.8%
Black or African American	850	6.8%
American Indian & Alaska Native	0	0.0%
Asian	381	3.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	43	0.3%
Two or more races	219	1.8%
Hispanic or Latino (any race)	6,532	52.2%

Educational attainment (age 25+)

No high school diploma16.2%

High school graduate32.4%

Some college or associate's22.7%

Bachelor's degree20.6%

Graduate or professional degree8.1%

	Count	Share
No high school diploma	1,276	16.2%
High school graduate	2,554	32.4%
Some college or associate's	1,785	22.7%
Bachelor's degree	1,618	20.6%
Graduate or professional degree	640	8.1%

Commute to work

Mean travel time to work: 23 min

Drove alone54.5%

Carpooled16.6%

Public transit3.7%

Walked6.0%

Bicycle2.3%

Worked from home11.5%

Other means5.5%

How workers get to work

	Count	Share
Drove alone	3,277	54.5%
Carpooled	998	16.6%
Public transit	220	3.7%
Walked	358	6.0%
Bicycle	140	2.3%
Worked from home	691	11.5%
Other means	330	5.5%

Travel time

	Count	Share
Under 15 min	1,884	35.4%
15 to 29 min	1,998	37.5%
30 to 44 min	1,026	19.3%
45 to 59 min	126	2.4%
60+ min	289	5.4%

Households

Average household size: 2.91
Poverty rate: 14.3% (1,727 of 12,089)

	Count	Share
Family households	2,868	67.2%
Nonfamily households	1,402	32.8%

Housing

Median year structure built: 1963

Occupancy

	Count	Share
Occupied	4,270	96.2%
Vacant	167	3.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,143	50.2%
Renter-occupied	2,127	49.8%

1-unit, detached54.6%

1-unit, attached8.2%

2 to 4 units13.0%

5 to 19 units4.4%

20 or more units19.0%

Mobile home & other0.7%

Units in structure

	Count	Share
1-unit, detached	2,423	54.6%
1-unit, attached	365	8.2%
2 to 4 units	577	13.0%
5 to 19 units	197	4.4%
20 or more units	844	19.0%
Mobile home & other	31	0.7%

Geography

Place GEOID: 3425200
Type (LSAD): 21
Land area: 1.93 sq mi
Water area: 0 sq mi
Center point: 40.2602, -74.2759