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According to statistics, the population in Red Bank, NJ amounts to 12,220, which shows decline 0% compared to the previous year. The median age of the city’s residents is 36. The average household income is $75,114, shifting growth 8% from the past year, and the average property value in Red Bank, NJ growth 3% to $369,400 throughout the year.
|Number Of Employees||7,108|
|Median Property Value||$369,400|
The average household income in Red Bank, NJ grew from $69,778 to $75,114 in the past year. This data is an estimate based upon 5,108 households in Red Bank, NJ . The chart below presents how household income is distributed in Red Bank, NJ in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Red Bank, NJ shifted from $358,200 to $369,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Red Bank, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Red Bank, NJ properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Red Bank, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Red Bank, NJ equals $3000, which is less than the national average.