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Rumson, 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
7,241
Population
$250,001
Median Income
$1,679,300
Home Value
44.4
Median Age

Demographics

Rumson has a population of 7,241 with a median age of 44.4. Here is the racial and ethnic breakdown of the population:

White
91.1%
Hispanic
4.3%
Other
3.8%
Asian
0.7%
Demographic Value
Total Population7,241
Median Age44.4
White91.1%
Black or African American0.1%
Asian0.7%
Hispanic or Latino4.3%
Other / Two or More Races3.8%
Rumson, New Jersey — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.1%Hispanic/Latino: 4.3%Other: 3.8%Other: 0.8%7,241PopulationWhiteWhite91.1%Hispanic/LatinoHispanic/Latino4.3%OtherOther3.8%OtherOther0.8%

Income & Economy

The median household income in Rumson is $250,001, which is 210.1% above the national median of $80,610. The per capita income is $135,860. The poverty rate is 3.2%.

$250,001
Median Household Income
$135,860
Per Capita Income
3.2%
Poverty Rate

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Education

In Rumson, 99.1% of residents age 25+ have a high school diploma or higher, and 82.1% hold a bachelor's degree or higher (32.3% with a graduate or professional degree).

HS Diploma+
99.1%
Bachelor's+
82.1%
Graduate+
32.3%
Education Level % of Adults (25+)
High School Diploma or Higher99.1%
Bachelor's Degree or Higher82.1%
Graduate or Professional Degree32.3%

Housing

The median home value in Rumson is $1,679,300, above the national median of $303,400. The median monthly rent is $3,501. The homeownership rate is 92.9%.

$1,679,300
Median Home Value
$3,501/mo
Median Rent
92.9%
Homeownership Rate
Housing Metric Value
Median Home Value$1,679,300
Median Monthly Rent$3,501
Homeownership Rate92.9%
Vacancy Rate2.5%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Rumson, New Jersey?
The population of Rumson, New Jersey is 7,241 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Rumson, New Jersey?
The median household income in Rumson, New Jersey is $250,001. This is 210.1% above the national median of $80,610.
What is the median home value in Rumson, New Jersey?
The median home value in Rumson, New Jersey is $1,679,300. The median monthly rent is $3,501.
What percentage of people in Rumson have a college degree?
In Rumson, New Jersey, 82.1% of adults age 25 and older hold a bachelor's degree or higher, and 99.1% have a high school diploma or higher.
Is Rumson, New Jersey an affordable place to live?
The home price-to-income ratio in Rumson, New Jersey is 6.7x (median home value $1,679,300 vs. median income $250,001), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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