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The total population of Red Bank is estimated to be 12,868 with 6,146 males (47.76%) and 6,722 females (52.24%). There are 576 more females than males in Red Bank.
The median household income in Red Bank was $87,317 in 2021, which marked an a decrease of 2,184(2.44%) from $89,501 in 2020. This income is 117.04% 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, Red Bank sees its highest median household income among householders in the age group of 45 to 64 years old, at $115,471. Overall, the median household income for the borough of Red Bank stands at $87,317.
In Red Bank, the median income for all workers aged 15 years and older, regardless of work hours, was $60,826 for males and $45,291 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $80,273 for males and $73,098 for females.
In Red Bank, there are just three different racial groups among households. Among these, White households report a median household income of $98,799, followed by Black or African American households at $61,964, and Some Other Race households with a median household income of $41,317.
In 2022, the population of Red Bank was 12,856, a 0.42% decrease year-by-year from 2021. Previously, in 2021, Red Bank's population was 12,910, a decline of 0.01% compared to a population of 12,911 in 2020.
The median age in Red Bank, NJ is 39.1, as per 2021 ACS 5-Year Estimates. Of the total population, 17.56% were under the age of 15, 15.45% aged 15 to 29, 45.50% aged 30 to 64, 16.85% aged 65 to 84, and 4.64% were 85 years of age and older.
Racial distribution of Red Bank population: 72.67% are White, 8.63% are Black or African American, 0.64% are American Indian and Alaska Native, 1.71% are Asian, 8.62% are some other race and 7.73% are multiracial.