Safe Rate Local

Monmouth County

Learn about the people, housing, costs and businesses in Monmouth County County

Median Home$639,005
Median Rent$2,069/month
Population645,353
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services12% arts, food & hospitality
Home Value Growth⬆⬆⬆+21.3% over 2 years
Young Adults25% of residents
Homeowners76% of occupied units
NotableHigh Incomes$137k/year · top 1% nationally
NotableAmenity Score78/100 · highly walkable area
Monmouth County
NJ

Frequently Asked Questions

What are today's mortgage rates in Monmouth County?

As of today, the 30-year fixed mortgage rate for Monmouth County is approximately 6.902% (6.925% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Monmouth County
What is the median home price in Monmouth County?

The median home value in Monmouth County is $639k. The median monthly rent is $2,069. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Monmouth County?

Home values in Monmouth County have increased 21.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Monmouth County?

Based on a typical all-in ownership cost of $2,355/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $101k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Monmouth County is $137k/year.

Calculate your buying power
What industries drive the economy in Monmouth County?

The largest employment sectors in Monmouth County are public administration (24%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas