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Menlo Park Terrace, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for Menlo Park Terrace.

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Community Insights

Transit
99/100
excellent transit access
Amenity Score
75/100
highly walkable area
Leading Industries
Information & Media · Finance & Insurance · Professional Services
13% information & media
Home Value Growth⬆⬆
+20.8% over 2 years
Family-Friendly
23% of residents
near the national average
Homeowners
87% of occupied units

People & Demographics

Total Population3,062
Households
Under 18
23.0%
Age 18–34
27.0%
Age 35–64
31.0%
Age 65+
19.0%
Veterans
4.0%
Active Duty
0.0%

Housing & Living

Median Home Value$427,400
Median Gross Rent$1,971/mo
Owner Occupied
86.7%
Renter Occupied
13.3%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$110,278
Poverty Rate

Key Industries

Healthcare9.0%
Professional Services3.0%
Manufacturing0.0%
Retail7.0%
Education1.0%

Amenities & Transit

Transit Score99 / 100
Walkability / Amenities75 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
25.0%
Master's or Higher
10.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Menlo Park Terrace?

The total population of Menlo Park Terrace is approximately 3,062. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Menlo Park Terrace walkable and transit-friendly?

Based on local geographic data, Menlo Park Terrace has an amenity and walkability score of 75/100 and a transit score of 99/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Menlo Park Terrace?

The housing market in Menlo Park Terrace is predominantly driven by homeowners, with 87% of housing units being owner-occupied and 13% being renter-occupied.

What is the education level of residents in Menlo Park Terrace?

In Menlo Park Terrace, approximately 25% of adult residents hold a bachelor's degree or higher. Additionally, 10% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.