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Allenhurst, NJ Profile: Facts & Data

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Allenhurst, New Jersey - Basic Facts

The Borough of Allenhurst had a population of 469 as of July 1, 2022. Allenhurst ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Allenhurst is located at latitude 40.2362 and longitude -74.0007 in Monmouth County. The formal boundaries for the Borough of Allenhurst encompass a land area of 0.26 sq. miles and a water area of 0.02 sq. miles. Monmouth County is in the Eastern time zone (GMT -5). The elevation is 23 feet.

The Borough of Allenhurst 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.


Jump to... (On This Page!)
  1. Allenhurst 2022 Demographic Data
  2. Growth Rates for Allenhurst (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 - 2022 Demographics
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Allenhurst, NJ Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 469 (100%)
Population in Households 469 (100.0%)
Population in Families 346 (73.8%)
Population in Group Quarters1 0
Population Density 1,872
Diversity Index2 22
 
 

INCOME

Median Household Income $144,484
Average Household Income $210,619
% of Income for Mortgage4 35%
Per Capita Income $87,890
Wealth Index5 278
 

HOUSING

Total HU (Housing Units) 367 (100%)
Owner Occupied HU 148 (40.3%)
Renter Occupied HU 49 (13.4%)
Vacant Housing Units 170 (46.3%)
Median Home Value $968,182
Average Home Value $1,230,743
Housing Affordability Index3 70
 

HOUSEHOLDS

Total Households 197
Average Household Size 2.38
Family Households 106
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.

GROWTH RATE / YEAR

 2020-2022 2022-2027
Population -0.28% -0.26%
Households -0.45% -0.10%
Families   -0.19%
Median Household Income   -1.74%
Per Capita Income   -2.45%
Owner Occupied HU   0.13%

Allenhurst, NJ - Peer Comparisons by Rank and Percentile

The table below compares Allenhurst to the other 701 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2022 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 # 615 12th
Population Density # 381 46th
Median Household Income # 124 82nd
Housing Affordability Index # 89 13th
Per Capita Income # 56 92nd
Diversity Index # 655 7th

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

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