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Navesink, NJ Profile: Facts & Data

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Navesink, New Jersey - Basic Facts

The Navesink Census Designated Place had a population of 2,063 as of July 1, 2020.

The primary coordinate point for Navesink is located at latitude 40.3996 and longitude -74.0354 in Monmouth County. The formal boundaries for the Navesink Census Designated Place encompass a land area of 0.88 sq. miles and a water area of 0.01 sq. miles. Monmouth County is in the Eastern time zone (GMT -5). The elevation is 62 feet.

The Navesink Census Designated Place (GNIS ID: 2389532) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Navesink Census Designated Place is located within Township of Middletown, a minor civil division (MCD) of Monmouth County.

Alternate Unofficial Names for Navesink: Neve Sincks, Neversunk.

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Navesink, NJ Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 2,063 (100%)
Population in Households 2,047 (99.2%)
Population in Families 1,780 (86.3%)
Population in Group Quarters1 16 ( 0.8%)
Population Density 2,334
Diversity Index2 28
 
 

INCOME

Median Household Income $107,770
Average Household Income $151,909
% of Income for Mortgage4 20%
Per Capita Income $56,334
Wealth Index5 234
 

HOUSING

Total HU (Housing Units) 723 (100%)
Owner Occupied HU 575 (79.5%)
Renter Occupied HU 133 (18.4%)
Vacant Housing Units 15 ( 2.1%)
Median Home Value $525,956
Average Home Value $608,101
Housing Affordability Index3 115
 

HOUSEHOLDS

Total Households 708
Average Household Size 2.89
Family Households 534
Average Family Size 3
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

 2010-2020 2020-2025
Population 0.21% 0.34%
Households 0.24% 0.39%
Families -0.27% 0.37%
Median Household Income   1.25%
Per Capita Income   1.95%
Owner Occupied HU   0.55%

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Navesink, NJ - Peer Comparisons by Rank and Percentile

The table below compares Navesink to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2020 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 # 401 27th
Population Density # 294 46th
Median Household Income # 152 72nd
Housing Affordability Index # 200 37th
Per Capita Income # 136 75th
Diversity Index # 390 29th

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

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