Shrewsbury

Population: 4,162
Median household income: $144,500
Median home value: $735,900

Located in Monmouth County, New Jersey, Shrewsbury is a community with a population of 4,162. Its median household income of $144,500 runs above the Monmouth County figure of $122,727.

Between 2019 and 2023, Shrewsbury's population grew 1.9% from 4,086 to 4,162, while its median home value rose 24.9% from $589,400 to $735,900.

White (non-Hispanic) residents are the largest group, 85.3% of the population. 68.1% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 4,162
Median age: 42.0 yrs
Median household income: $144,500
Median home value: $735,900
Median gross rent: $3,300
Housing units: 1,526
Homeownership rate: 84.1%
Bachelor's degree or higher: 65.0%
Unemployment rate: 5.0%

Trends

ACS 5-year · 2019–2023

Population

4,0864,162

Median household income

$124,474$144,500

Median home value

$589,400$735,900

Median gross rent

$2,735$3,300

Year	Population	Median household income	Median home value	Median gross rent
2019	4,086	$124,474	$589,400	$2,735
2020	4,082	$142,870	$610,300	$2,940
2021	4,129	$149,792	$642,300	$3,403
2022	4,138	$158,065	$698,900	$3,501
2023	4,162	$144,500	$735,900	$3,300

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

Age distribution

Under 510.3%

5 to 1715.5%

18 to 245.7%

25 to 349.2%

35 to 4412.4%

45 to 5412.6%

55 to 6411.1%

65 to 7410.4%

75 and over12.9%

	Count	Share
Under 5	428	10.3%
5 to 17	645	15.5%
18 to 24	236	5.7%
25 to 34	382	9.2%
35 to 44	516	12.4%
45 to 54	523	12.6%
55 to 64	462	11.1%
65 to 74	432	10.4%
75 and over	538	12.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,549	85.3%
Black or African American	178	4.3%
American Indian & Alaska Native	10	0.2%
Asian	159	3.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	48	1.2%
Two or more races	141	3.4%
Hispanic or Latino (any race)	77	1.9%

Educational attainment (age 25+)

No high school diploma3.7%

High school graduate14.2%

Some college or associate's17.1%

Bachelor's degree35.6%

Graduate or professional degree29.4%

	Count	Share
No high school diploma	106	3.7%
High school graduate	404	14.2%
Some college or associate's	488	17.1%
Bachelor's degree	1,017	35.6%
Graduate or professional degree	838	29.4%

Commute to work

Mean travel time to work: 31 min

Drove alone68.1%

Carpooled0.5%

Public transit7.6%

Walked1.4%

Bicycle0.0%

Worked from home22.4%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	1,181	68.1%
Carpooled	9	0.5%
Public transit	131	7.6%
Walked	24	1.4%
Bicycle	0	0.0%
Worked from home	389	22.4%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	410	30.5%
15 to 29 min	413	30.7%
30 to 44 min	200	14.9%
45 to 59 min	42	3.1%
60+ min	280	20.8%

Households

Average household size: 2.68
Poverty rate: 3.6% (144 of 4,038)

	Count	Share
Family households	1,196	80.2%
Nonfamily households	296	19.8%

Housing

Median year structure built: 1960

Occupancy

	Count	Share
Occupied	1,492	97.8%
Vacant	34	2.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,255	84.1%
Renter-occupied	237	15.9%

1-unit, detached85.5%

1-unit, attached5.8%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units8.7%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,305	85.5%
1-unit, attached	88	5.8%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	133	8.7%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3467350
Type (LSAD): 21
Land area: 2.16 sq mi
Water area: 0.03 sq mi
Center point: 40.3265, -74.0574