Everything You Should Know Before Moving to Red Bank, NJ
Considering a move to Red Bank, NJ? This vibrant town of 12,900 offers a lively downtown, strong public transportation options, and a high walkability score. Median home values are around $512,000, with average rents at $1,830. Residents enjoy a moderate cost of living, a diverse community, and great access to healthcare and education—plus a 57% chance of sunny days each year. With a commute of about 32 minutes and a property crime rate similar to national averages, Red Bank is an appealing choice for those seeking both convenience and culture on the Jersey Shore.
Demographics - Red Bank, NJ
Demographics - Red Bank, NJ
Red Bank is a diverse and moderately dense community of around 12,900 residents, with a median age of 36.8 years and a balanced gender ratio. The population is predominantly White, with notable Black, Asian, and other minority groups, and nearly one in five residents speaks a language other than English at home. This mix creates a vibrant, multicultural atmosphere attractive to families and young professionals alike.
Population:
12,902
Density:
6,400 per sq mi
Median Age:
36.8
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
19.1%
Ethnic Composition
White:
68.2%
Black:
12.4%
Asian:
3.0%
Others:
16.4%
Cost Of Living
What is the average cost of living in Red Bank, NJ?
The cost of living in Red Bank is above the national average, with a cost of living index of 136.2 and a median home value of $512,000. Average rent for a two-bedroom apartment is about $1,830, and utilities and transportation costs are also higher than average. These factors reflect Red Bank’s desirable location and amenities, making it important for newcomers to budget accordingly.
Median House Value:
$512,000
Gross Rent:
$1,830
Monthly Electricity Charges:
$135
Auto Insurance:
$1,780
House Owner Cost With Mortgage:
$2,460
House Owner Cost Without Mortgage:
$790
State Taxes:
Low:
1.4%
|
High:
10.75%
Cost Of Living Index:
136.2
Grocery:
124.7
Housing:
152.6
Utilities:
113.2
Transportation:
127.4
Health Care:
118.9
Miscellaneous:
112.3
Crime
Is Red Bank, NJ a safe place to live?
Red Bank experiences a moderate crime rate, with about 265 violent crimes and 1,550 property crimes per 100,000 residents each year. The chance of being a victim of violent crime is roughly 1 in 378, while property crime risk is about 1 in 64. Overall, safety levels are comparable to similar-sized communities, providing peace of mind for families and individuals.
Violent Crimes Per 100k:
265
Property Crimes Per 100k:
1,550
Crime Index:
1,815
Chance Of Violent Crime:
1 in 378
Chance Of Property Crime:
1 in 64
Weather
What is the weather like in Red Bank, NJ year-round?
Red Bank enjoys four distinct seasons, with mild to cold winters averaging lows of 26°F and warm summers reaching highs of 85°F. The town receives about 47.9 inches of rainfall annually and boasts 57% sunny days, making it appealing for those who appreciate varied weather and outdoor activities. Spring and fall are comfortably moderate, ideal for enjoying the local parks and waterfront.
Winter
Min:
26°F
Max:
40°F
Spring
Min:
46°F
Max:
67°F
Summer
Min:
66°F
Max:
85°F
Fall
Min:
48°F
Max:
70°F
Average Rainfall Inches:
47.9 inches
Sunny Days Percentage:
57%
Neighbors
Residents of Red Bank benefit from a median household income of $92,720 and a relatively low poverty rate of 8.7%. The community is well-educated, with over 91% holding a high school diploma and 44% possessing a bachelor's degree or higher. Many locals use public transportation, and the average commute time is just over 32 minutes, supporting a convenient suburban lifestyle.
Median Income:
$43,900
Household Income:
$92,720
Family Income:
$108,300
Per Capita Income:
$51,600
Income Male:
$58,400
Income Female:
$41,500
Poverty Rate:
8.7%
Non English Speakers:
19.1%
Rent:
$1,830
Unemployment Rate:
4.7%
Public Transport Usage:
12.5%
Commute Time:
32.2 minutes
Education
High School or Higher:
91.8%
Bachelors or More:
44.1%
Education
How are the schools in Red Bank, NJ?
Red Bank provides access to quality education, including public and private schools with favorable student-teacher ratios and a range of extracurricular programs. Local students benefit from proximity to higher education institutions like Brookdale Community College and Monmouth University, both within a short drive. This supportive educational environment makes Red Bank appealing for families and students at all levels.
Public Schools
Name:
Red Bank Middle School
Street:
101 Harding Rd
Phone:
732-758-1500
Students:
670
Student Teacher Ratio:
11.7
Name:
Red Bank Primary School
Street:
222 River St
Phone:
732-758-1500
Students:
600
Student Teacher Ratio:
13.5
Private Schools
Name:
Red Bank Catholic High School
Street:
112 Broad St
Phone:
732-747-1774
Students:
700
Colleges
Name:
Brookdale Community College
City:
Lincroft
State:
NJ
Distance:
4 miles
Students:
10,000
Name:
Monmouth University
City:
West Long Branch
State:
NJ
Distance:
7 miles
Students:
6,400
Healthcare
Red Bank offers strong healthcare access, anchored by Riverview Medical Center and a high physician-to-population ratio of 3.1 per 1,000 residents. Over 92% of locals have health insurance coverage, and the area’s healthcare index of 78.2 indicates quality and availability. These resources contribute to a reassuring environment for individuals and families seeking reliable medical care.
Major Hospitals
Name:
Riverview Medical Center
Address:
1 Riverview Plaza, Red Bank, NJ 07701
Phone:
(732) 741-2700
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.1
Health Insurance Coverage:
92.6%
Health Care Index:
78.2
Housing Market
What is the housing market like in Red Bank, NJ?
Red Bank's housing market features a median home price of $512,000 and an average two-bedroom rent of $1,830. With about 46.5% of homes owner-occupied and a 7.2% annual appreciation rate, the market is competitive and stable. Low vacancy and foreclosure rates make Red Bank attractive for both buyers and renters looking for long-term value.
Median Home Price:
$512,000
Average Rent For 2 Bedroom:
$1,830
Owner Occupied Rate:
46.5%
Rental Vacancy Rate:
6.0%
Home Appreciation Rate (1yr):
7.2%
New Construction Rate:
1.1%
Foreclosure Rate:
0.6%
DMV Information
Red Bank residents are served by the New Jersey Motor Vehicle Commission, headquartered in Trenton, with comprehensive resources available online and by phone. The DMV offers full services for licensing, registration, and vehicle needs. Newcomers can access up-to-date information and complete many transactions conveniently through the official website.
State:
New Jersey
Department:
New Jersey Motor Vehicle Commission
Address:
225 E. State Street, Trenton, NJ 08666
Phone:
1-609-292-6500
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.