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The total population of Monroe township is estimated to be 48,012 with 22,838 males (47.57%) and 25,174 females (52.43%). There are 2,336 more females than males in Monroe township.
The median household income in Monroe township was $107,802 in 2021, which marked an a decrease of 637(0.59%) from $108,439 in 2020. This income is 144.50% 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, Monroe township sees its highest median household income among householders in the age group of 25 to 44 years old, at $183,898. Overall, the median household income for the township of Monroe township stands at $107,802.
In Monroe township, the median income for all workers aged 15 years and older, regardless of work hours, was $75,402 for males and $37,993 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $130,560 for males and $86,223 for females.
In Monroe township, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Asian households have the highest median household income at $204,172, while White households represent the opposite end with the lowest median household income of $88,429.
In 2022, the population of Monroe township was 48,420, a 0.01% increase year-by-year from 2021. Previously, in 2021, Monroe township's population was 48,414, a decline of 0.19% compared to a population of 48,504 in 2020.
The median age in Monroe township, Middlesex County, New Jersey is 55.8, as per 2021 ACS 5-Year Estimates. Of the total population, 14.72% were under the age of 15, 9.08% aged 15 to 29, 38.62% aged 30 to 64, 31.20% aged 65 to 84, and 6.39% were 85 years of age and older.
Racial distribution of Monroe township population: 73.33% are White, 2.84% are Black or African American, 0.12% are American Indian and Alaska Native, 19.98% are Asian, 0.35% are some other race and 3.38% are multiracial.