Renaissance at Monroe, NJ Profile: Facts & Data

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Renaissance at Monroe, New Jersey - Basic Facts

The Renaissance at Monroe CDP(1) had a population of 668 as of July 1, 2023.

The primary coordinate point for Renaissance at Monroe is located at latitude 40.2652 and longitude -74.4799 in Middlesex County. Middlesex County is in the Eastern time zone (GMT -5).

It also has a Functional Status Code of ""

The Renaissance at Monroe Census Designated Place is located within Township of Monroe, a minor civil division (MCD) of Middlesex County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Renaissance at Monroe 2023 Demographic Data
  2. Growth Rates for Renaissance at Monroe (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2023 Demographics
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Renaissance at Monroe, NJ Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 668 (100%)
Population in Households 668 (100.0%)
Population in Families 398 (59.6%)
Population in Group Quarters1 0
Population Density 3,817
Diversity Index2 58
 
 

INCOME

Median Household Income $147,393
Average Household Income $190,884
% of Income for Mortgage4 24%
Per Capita Income $100,871
Wealth Index5 237
Socioeconomic Status Index6 High (67.3)
 

HOUSING

Total HU (Housing Units) 359 (100%)
Owner Occupied HU 325 (90.5%)
Renter Occupied HU 28 ( 7.8%)
Vacant Housing Units 6 ( 1.7%)
Median Home Value $578,629
Average Home Value $600,923
Housing Affordability Index3 91
 

HOUSEHOLDS

Total Households 353
Average Household Size 1.89
Family Households 121
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 1.47% 0.09%
Households 1.16% 0.50%
Families   0.49%
Median Household Income   2.61%
Per Capita Income   3.74%
Owner Occupied HU   0.12%

Renaissance at Monroe, NJ - Peer Comparisons by Rank and Percentile

The table below compares Renaissance at Monroe to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 595 15th
Population Density # 194 72nd
Median Household Income # 115 84th
Housing Affordability Index # 445 64th
Per Capita Income # 21 97th
Diversity Index # 282 60th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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