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Monmouth Regional

Learn about the people, housing, costs and businesses in Monmouth Regional, New Jersey

Median Home$501,355
Median Rent$1,865/month
Population34,244
Leading IndustriesTransportation · Public Administration · Professional Services3% transportation
Home Value Growth⬆⬆⬆+28.7% over 2 years
Retirees20% of residentsnear the national average
Homeowners73% of occupied units
NotableHigh Incomes$105k/year · top 29% nationally
Monmouth Regional
NJ

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Monmouth Regional?

As of today, the 30-year fixed mortgage rate for Monmouth Regional is approximately 6.842% (6.876% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Monmouth Regional?

The median home value in Monmouth Regional is $501k. The median monthly rent is $1,865. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Monmouth Regional?

Home values in Monmouth Regional have increased 28.7% 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 Regional?

Based on a typical all-in ownership cost of $1,912/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Monmouth Regional is $105k/year.

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What industries drive the economy in Monmouth Regional?

The largest employment sectors in Monmouth Regional are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.