Freehold, NJ Profile: Facts & Data


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Freehold, New Jersey - Basic Facts

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The Borough of Freehold had a population of 12,057 as of July 1, 2021. Freehold ranks in the upper quartile for Population Density and 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 Freehold is located at latitude 40.2601 and longitude -74.2738 in Monmouth County. The formal boundaries for the Borough of Freehold encompass a land area of 1.95 sq. miles and a water area of 0 sq. miles. Monmouth County is in the Eastern time zone (GMT -5). The elevation is 171 feet.

The Borough of Freehold 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.

Alternate Unofficial Names for Freehold: Frehold, Monmouth, Monmouth Court House, Monmouth Courthouse.

Jump to... (On This Page!)
  1. Freehold 2021 Demographic Data
  2. Growth Rates for Freehold (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 - 2021 Demographics

Freehold, NJ Data & Demographics (As of July 1, 2021)


Total Population 12,057 (100%)
Population in Households 11,961 (99.2%)
Population in Families 9,220 (76.5%)
Population in Group Quarters1 96 ( 0.8%)
Population Density 6,240
Diversity Index2 79


Median Household Income $63,578
Average Household Income $82,492
% of Income for Mortgage4 20%
Per Capita Income $27,595
Wealth Index5 66


Total HU (Housing Units) 4,230 (100%)
Owner Occupied HU 2,226 (52.6%)
Renter Occupied HU 1,805 (42.7%)
Vacant Housing Units 199 ( 4.7%)
Median Home Value $307,602
Average Home Value $318,531
Housing Affordability Index3 88


Total Households 4,031
Average Household Size 2.97
Family Households 2,651
Average Family Size 3
  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.


2010-2021 2021-2026
Population 0.0% 0.01%
Households 0.06% 0.07%
Families -0.03% 0.02%
Median Household Income   3.51%
Per Capita Income   2.34%
Owner Occupied HU   0.68%

Freehold, NJ - Peer Comparisons by Rank and Percentile

The table below compares Freehold to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2021 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 # 104 81st
Population Density # 76 86th
Median Household Income # 454 17th
Housing Affordability Index # 105 19th
Per Capita Income # 498 9th
Diversity Index # 54 90th

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

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