Matawan

Population: 9,636
Median household income: $122,026
Median home value: $447,000

Matawan, a community in Monmouth County, New Jersey, has 9,636 residents. The median household income of $122,026 is in line with the Monmouth County median ($122,727).

Between 2019 and 2023, Matawan's population grew 10.2% from 8,747 to 9,636, while its median home value rose 27.6% from $350,400 to $447,000.

44.1% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 57.2% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 9,636
Median age: 35.8 yrs
Median household income: $122,026
Median home value: $447,000
Median gross rent: $1,714
Housing units: 3,853
Homeownership rate: 57.2%
Bachelor's degree or higher: 44.1%
Unemployment rate: 5.7%

Trends

ACS 5-year · 2019–2023

Population

8,7479,636

Median household income

$100,127$122,026

Median home value

$350,400$447,000

Median gross rent

$1,506$1,714

Year	Population	Median household income	Median home value	Median gross rent
2019	8,747	$100,127	$350,400	$1,506
2020	8,696	$108,247	$349,700	$1,573
2021	9,486	$115,035	$364,800	$1,664
2022	9,546	$125,040	$407,800	$1,759
2023	9,636	$122,026	$447,000	$1,714

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

Age distribution

Under 56.6%

5 to 1716.0%

18 to 245.7%

25 to 3420.6%

35 to 4412.3%

45 to 5411.4%

55 to 6414.0%

65 to 749.0%

75 and over4.5%

	Count	Share
Under 5	632	6.6%
5 to 17	1,539	16.0%
18 to 24	554	5.7%
25 to 34	1,983	20.6%
35 to 44	1,189	12.3%
45 to 54	1,096	11.4%
55 to 64	1,347	14.0%
65 to 74	867	9.0%
75 and over	429	4.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,750	59.7%
Black or African American	1,251	13.0%
American Indian & Alaska Native	0	0.0%
Asian	168	1.7%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	953	9.9%
Hispanic or Latino (any race)	1,514	15.7%

Educational attainment (age 25+)

No high school diploma4.6%

High school graduate30.5%

Some college or associate's20.8%

Bachelor's degree31.4%

Graduate or professional degree12.7%

	Count	Share
No high school diploma	318	4.6%
High school graduate	2,105	30.5%
Some college or associate's	1,439	20.8%
Bachelor's degree	2,169	31.4%
Graduate or professional degree	880	12.7%

Commute to work

Mean travel time to work: 30 min

Drove alone70.1%

Carpooled4.3%

Public transit6.2%

Walked0.0%

Bicycle0.2%

Worked from home17.2%

Other means2.0%

How workers get to work

	Count	Share
Drove alone	3,597	70.1%
Carpooled	223	4.3%
Public transit	316	6.2%
Walked	0	0.0%
Bicycle	11	0.2%
Worked from home	880	17.2%
Other means	103	2.0%

Travel time

	Count	Share
Under 15 min	718	16.9%
15 to 29 min	1,475	34.7%
30 to 44 min	1,102	25.9%
45 to 59 min	462	10.9%
60+ min	493	11.6%

Households

Average household size: 2.57
Poverty rate: 10.1% (962 of 9,557)

	Count	Share
Family households	2,135	57.5%
Nonfamily households	1,581	42.5%

Housing

Median year structure built: 1972

Occupancy

	Count	Share
Occupied	3,716	96.4%
Vacant	137	3.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,124	57.2%
Renter-occupied	1,592	42.8%

1-unit, detached50.9%

1-unit, attached1.6%

2 to 4 units15.6%

5 to 19 units17.2%

20 or more units14.8%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,961	50.9%
1-unit, attached	60	1.6%
2 to 4 units	601	15.6%
5 to 19 units	661	17.2%
20 or more units	570	14.8%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3444520
Type (LSAD): 21
Land area: 2.27 sq mi
Water area: 0.14 sq mi
Center point: 40.4110, -74.2365