Monmouth Junction is a somewhat small town located in the state of New Jersey. With a population of 8,895 people and three associated neighborhoods, Monmouth Junction is the 221st largest community in New Jersey.
Housing costs in Monmouth Junction are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Also of interest is that Monmouth Junction has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 25.43% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In Monmouth Junction, however, the average commute to work is quite long. On average, people spend 33.56 minutes each day getting to work, which is significantly higher than the national average.
If knowledge is power, Monmouth Junction is a pretty powerful place. 72.92% of the adults in Monmouth Junction have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Monmouth Junction in 2022 was $63,825, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $255,300 for a family of four.
Monmouth Junction is an extremely ethnically-diverse town. The people who call Monmouth Junction home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Monmouth Junction residents report their race to be Asian, followed by White. Important ancestries of people in Monmouth Junction include Italian, Irish, Jamaican, Polish, and Russian.
Foreign born people are also an important part of Monmouth Junction's cultural character, accounting for 48.72% of the town’s population.
The most common language spoken in Monmouth Junction is English. Other important languages spoken here include Langs. of India and Other Asian languages.