Monroe Township is a medium-sized township located in the state of New Jersey. With a population of 48,568 people and ten associated neighborhoods, Monroe Township is the 32nd largest community in New Jersey.
Monroe Township home prices are not only among the most expensive in New Jersey, but Monroe Township real estate also consistently ranks among the most expensive in America.
Also of interest is that Monroe Township has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 26.50% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Monroe Township is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Monroe Township really has some of the features that families look for when choosing a good community to raise children. Is Monroe Township perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
In Monroe Township, however, the average commute to work is quite long. On average, people spend 38.23 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Like elsewhere in America, most people in Monroe Township use a private automobile to get to work. But notably, a substantial number of Monroe Township‘s citizens do make use of public transit in their daily commute, primarily riding the bus. This helps more people get to work with less air pollution, and require fewer highways to get them there.
If knowledge is power, Monroe Township is a pretty powerful place. 53.17% of the adults in Monroe Township have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Monroe Township in 2022 was $69,356, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $277,424 for a family of four.
Monroe Township is an extremely ethnically-diverse township. The people who call Monroe Township home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Monroe Township residents report their race to be White, followed by Asian. Important ancestries of people in Monroe Township include Italian, Irish, Polish, German, and Russian.
In addition, Monroe Township has a lot of people living here who were born outside of the US (25.04%).
The most common language spoken in Monroe Township is English. Other important languages spoken here include Langs. of India and Spanish.