Also See Shrewsbury, NJ: ZIP Codes & Maps
The Borough of Shrewsbury had a population of 4,085 as of July 1, 2023.
The primary coordinate point for Shrewsbury is located at latitude 40.3296 and longitude -74.0615 in Monmouth County. The formal boundaries for the Borough of Shrewsbury encompass a land area of 2.17 sq. miles and a water area of 0.03 sq. miles. Monmouth County is in the Eastern time zone (GMT -5).
The Borough of Shrewsbury has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
|Total Population||4,085 (100%)|
|Population in Households||3,880 (95.0%)|
|Population in Families||3,434 (84.1%)|
|Population in Group Quarters1||205 ( 5.0%)|
|Median Household Income||$135,058|
|Average Household Income||$205,690|
|% of Income for Mortgage4||31%|
|Per Capita Income||$74,509|
|Socioeconomic Status Index6||High (66.0)|
|Total HU (Housing Units)||1,521 (100%)|
|Owner Occupied HU||1,288 (84.7%)|
|Renter Occupied HU||190 (12.5%)|
|Vacant Housing Units||43 ( 2.8%)|
|Median Home Value||$700,371|
|Average Home Value||$728,727|
|Housing Affordability Index3||69|
|Average Household Size||2.63|
|Average Family Size||3.00|
GROWTH RATE / YEAR
|Median Household Income||1.61%|
|Per Capita Income||2.52%|
|Owner Occupied HU||0.58%|
The table below compares Shrewsbury 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.
|Total Population||# 333||53rd|
|Population Density||# 382||46th|
|Median Household Income||# 146||79th|
|Housing Affordability Index||# 191||27th|
|Per Capita Income||# 126||82nd|
|Diversity Index||# 512||27th|
Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.