Shrewsbury, NJ Demographics

The total population of Shrewsbury is estimated to be 4,138 with 1,922 males (46.45%) and 2,216 females (53.55%). There are 294 more females than males in Shrewsbury.
The median household income in Shrewsbury was $161,912 in 2021, which marked an an increase of 20(0.01%) from $161,892 in 2020. This income is 217.02% 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, Shrewsbury sees its highest median household income among householders in the age group of 45 to 64 years old, at $227,498. Overall, the median household income for the borough of Shrewsbury stands at $161,912.
In Shrewsbury, the median income for all workers aged 15 years and older, regardless of work hours, was $104,489 for males and $35,247 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $156,327 for males and $110,897 for females.
In Shrewsbury, there are just two different racial groups among households. Among these, Asian households report a median household income of $187,696, while White households have a median household income of $163,037.
In 2022, the population of Shrewsbury was 4,174, a 0.41% decrease year-by-year from 2021. Previously, in 2021, Shrewsbury's population was 4,191, an increase of 0.46% compared to a population of 4,172 in 2020.
The median age in Shrewsbury, NJ is 42.3, as per 2021 ACS 5-Year Estimates. Of the total population, 22.98% were under the age of 15, 14.65% aged 15 to 29, 39.40% aged 30 to 64, 19.47% aged 65 to 84, and 3.49% were 85 years of age and older.
Racial distribution of Shrewsbury population: 89.37% are White, 0.58% are Black or African American, 0.34% are American Indian and Alaska Native, 5.11% are Asian, 0.65% are some other race and 3.95% are multiracial.