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Freehold, New Jersey

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
12,507
Population
$85,707
Median Income
$416,800
Home Value
35.5
Median Age

Demographics

Freehold has a population of 12,507 with a median age of 35.5. Here is the racial and ethnic breakdown of the population:

Hispanic
53.3%
White
49.1%
Black
5.7%
Asian
3.4%
Demographic Value
Total Population12,507
Median Age35.5
White49.1%
Black or African American5.7%
Asian3.4%
Hispanic or Latino53.3%
Freehold, New Jersey — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 112.Hispanic/Latino: 47.8%White: 44.0%Black: 5.1%Asian: 3.0%12,507PopulationHispanic/LatinoHispanic/Latino47.8%WhiteWhite44.0%BlackBlack5.1%AsianAsian3.0%

Income & Economy

The median household income in Freehold is $85,707, which is 6.3% above the national median of $80,610. The per capita income is $35,668. The poverty rate is 14.3%.

$85,707
Median Household Income
$35,668
Per Capita Income
14.3%
Poverty Rate

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Education

In Freehold, 83.6% of residents age 25+ have a high school diploma or higher, and 29.5% hold a bachelor's degree or higher (9.4% with a graduate or professional degree).

HS Diploma+
83.6%
Bachelor's+
29.5%
Graduate+
9.4%
Education Level % of Adults (25+)
High School Diploma or Higher83.6%
Bachelor's Degree or Higher29.5%
Graduate or Professional Degree9.4%

Housing

The median home value in Freehold is $416,800, above the national median of $303,400. The median monthly rent is $1,832. The homeownership rate is 53.8%.

$416,800
Median Home Value
$1,832/mo
Median Rent
53.8%
Homeownership Rate
Housing Metric Value
Median Home Value$416,800
Median Monthly Rent$1,832
Homeownership Rate53.8%
Vacancy Rate4.1%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Freehold, New Jersey?
The population of Freehold, New Jersey is 12,507 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Freehold, New Jersey?
The median household income in Freehold, New Jersey is $85,707. This is 6.3% above the national median of $80,610.
What is the median home value in Freehold, New Jersey?
The median home value in Freehold, New Jersey is $416,800. The median monthly rent is $1,832.
What percentage of people in Freehold have a college degree?
In Freehold, New Jersey, 29.5% of adults age 25 and older hold a bachelor's degree or higher, and 83.6% have a high school diploma or higher.
Is Freehold, New Jersey an affordable place to live?
The home price-to-income ratio in Freehold, New Jersey is 4.9x (median home value $416,800 vs. median income $85,707), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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