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The total population of Freehold is estimated to be 12,498 with 6,018 males (48.15%) and 6,480 females (51.85%). There are 462 more females than males in Freehold.
The median household income in Freehold was $68,035 in 2021, which marked an an increase of 3(0%) from $68,032 in 2020. This income is 91.19% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Freehold sees its highest median household income among householders in the age group of 45 to 64 years old, at $77,714. Overall, the median household income for the borough of Freehold stands at $68,035.
In Freehold, the median income for all workers aged 15 years and older, regardless of work hours, was $34,510 for males and $29,681 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $50,297 for males and $40,637 for females.
In Freehold, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $87,245, while Black or African American households represent the opposite end with the lowest median household income of $38,518.
In 2022, the population of Freehold was 12,497, a 0.41% decrease year-by-year from 2021. Previously, in 2021, Freehold's population was 12,548, an increase of 0.28% compared to a population of 12,513 in 2020.
The median age in Freehold, NJ is 36.3, as per 2021 ACS 5-Year Estimates. Of the total population, 22.73% were under the age of 15, 18.82% aged 15 to 29, 45.17% aged 30 to 64, 11.31% aged 65 to 84, and 1.96% were 85 years of age and older.
Racial distribution of Freehold population: 57.16% are White, 9.30% are Black or African American, 1.87% are American Indian and Alaska Native, 2.80% are Asian, 22.42% are some other race and 6.45% are multiracial.