Last updated: 2024 BLS data · Page refreshed:
Matawan has a population of 9,710 with a median age of 34.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 9,710 |
| Median Age | 34.7 |
| White | 66.2% |
| Black or African American | 12.3% |
| Asian | 1.3% |
| Hispanic or Latino | 15.8% |
| Other / Two or More Races | 4.4% |
The median household income in Matawan is $123,354, which is 53.0% above the national median of $80,610. The per capita income is $53,594. The poverty rate is 10.5%.
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In Matawan, 94.7% of residents age 25+ have a high school diploma or higher, and 43.4% hold a bachelor's degree or higher (13.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.7% |
| Bachelor's Degree or Higher | 43.4% |
| Graduate or Professional Degree | 13.2% |
The median home value in Matawan is $467,800, above the national median of $303,400. The median monthly rent is $1,824. The homeownership rate is 51.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $467,800 |
| Median Monthly Rent | $1,824 |
| Homeownership Rate | 51.9% |
| Vacancy Rate | 2.9% |
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