Census tract · Monmouth County
Census Tract 8034, Monmouth County, New Jersey
Census Tract 8034, GEOID 34025803400, in Monmouth County, New Jersey, entirely within Red Bank. 5,442 residents in the ACS 2020-2024 5-year estimates (±433); the 2020 Census counted 5,344.
Residents, 2020-2024
5,442
±433 (90% margin)
2020 Census count: 5,344
Median household income
$104,375
±$12,609 (90% margin)
Monmouth County: $124,845
Median home value
$394,900
±$101,501 (90% margin)
Monmouth County: $606,100
Median gross rent
$2,322
±$412 (90% margin)
Monmouth County: $1,827
Where is Census Tract 8034?
Census Tract 8034 is one of 155 census tracts in Monmouth County, New Jersey. It covers 0.66 square miles of land, 8,122 residents per square mile in 2020. Its GEOID, 34025803400, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Red Bank | 100% |
6 census tracts border Census Tract 8034: Tract 8013 ($123,635), Tract 8035 ($90,959), Tract 8036.01 ($74,107), Tract 8042 ($240,853), Tract 8123 ($132,717) and Tract 8126 ($117,421). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 8034?
The 2020-2024 American Community Survey puts Census Tract 8034's population at 5,442 (±433) in 1,966 households; the 2020 Census counted 5,344 residents and 1,723 housing units.
| Measure | Tract 8034 | Red Bank |
|---|---|---|
| Total population | 5,442 ±433 | 12,862 |
| Households | 1,966 ±202 | 5,983 |
| Average household size | 2.69 ±0.26 | 2.11 |
| Housing units | 1,988 ±200 | 6,216 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 8034?
The median resident of Census Tract 8034 is 35.7 years old; 25.7% are under 18 and 12.7% are 65 or older. The largest group is Hispanic or Latino residents (of any race) at 54.8%, then non-Hispanic white residents at 30.7%. 27.0% of residents were born outside the United States.
| Measure | Tract 8034 | Red Bank |
|---|---|---|
| Median age | 35.7 ±2.2 | 39.4 |
| Under 18 years | 25.7% ±4.4 pts | 19.2% |
| 65 years and over | 12.7% ±3.9 pts | 20.9% |
| Hispanic or Latino (any race) | 54.8% ±8.2 pts | 31.9% |
| White alone, not Hispanic | 30.7% ±7.5 pts | 58.5% |
| Black or African American alone, not Hispanic | 7.2% ±3.9 pts | 4.9% |
| Asian alone, not Hispanic | 2.0% ±2.6 pts | 1.6% |
| American Indian and Alaska Native alone, not Hispanic | 0.0% ±0.8 pts | 0.0% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±0.8 pts | 0.0% |
| Two or more races, not Hispanic | 5.2% ±3.0 pts | 3.1% |
| Some other race alone, not Hispanic | 0.0% ±0.8 pts | 0.0% |
| Born outside the United States | 27.0% ±5.1 pts | 18.2% |
| Speak a language other than English at home (age 5+) | 51.5% ±7.1 pts | 27.6% |
| Civilian veterans (age 18+) | 2.3% ±1.7 pts | 4.8% |
| With a disability | 6.9% ±2.8 pts | 7.6% |
| No health insurance coverage | 20.7% ±7.0 pts | 10.3% |
| High school graduate or higher (age 25+) | 75.2% ±7.3 pts | 88.7% |
| Bachelor's degree or higher (age 25+) | 40.2% ±8.4 pts | 51.6% |
| Graduate or professional degree (age 25+) | 17.8% ±8.2 pts | 24.9% |
| Lived in the same house a year earlier | 92.5% ±3.7 pts | 89.2% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 8034 earn?
Half of the 1,966 households in Census Tract 8034 earn less than $104,375 a year (±$12,609), against $124,845 across Monmouth County: 103rd highest of the county's 154 tracts with a reliable estimate. 11.8% of residents live below the poverty line.
| Measure | Tract 8034 | Red Bank |
|---|---|---|
| Median household income | $104,375 ±$12,609 | $97,477 |
| Mean household income | $131,207 ±$18,971 | $138,780 |
| Per capita income | $47,604 ±$9,577 | $64,589 |
| People below the poverty line | 11.8% ±6.9 pts | 8.7% |
| Children under 18 below the poverty line | 11.6% ±10.9 pts | 8.9% |
| Households receiving SNAP | 7.0% ±3.6 pts | 5.1% |
| Households with a computer | 97.9% ±1.9 pts | 97.9% |
| Households with a broadband subscription | 94.2% ±4.3 pts | 91.7% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 8034?
Owners occupy 42.3% of Census Tract 8034's occupied homes and renters 57.7%. The median owner-occupied home is valued at $394,900 by its owner (±$101,501). The median renter pays $2,322 a month including utilities, and 46.3% of renters pay 35% or more of their income on rent.
| Measure | Tract 8034 | Red Bank |
|---|---|---|
| Median home value (owner-occupied) | $394,900 ±$101,501 | $504,900 |
| Median gross rent | $2,322 ±$412 | $2,026 |
| Renters paying 35% or more of income on rent | 46.3% ±12.8 pts | 41.9% |
| Median monthly owner costs, with a mortgage | $2,875 ±$171 | $2,809 |
| Owner-occupied homes | 42.3% ±10.2 pts | 50.1% |
| Renter-occupied homes | 57.7% ±10.2 pts | 49.9% |
| Housing units | 1,988 ±200 | 6,216 |
| Single-family detached homes | 58.4% ±7.1 pts | 40.3% |
| Mobile homes | 0.0% ±2.2 pts | 0.0% |
| Built 2020 or later | 0.7% ±1.1 pts | 0.4% |
| Built 2010 to 2019 | 3.2% ±2.1 pts | 3.4% |
| Built 1939 or earlier | 33.5% ±9.3 pts | 32.4% |
| Households with no vehicle | 12.2% ±5.6 pts | 13.8% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 8034 get to work?
55.2% of Census Tract 8034's workers drive alone and 8.9% work from home. The average trip to work takes 31.4 minutes. The unemployment rate in 2020-2024 averaged 7.2%.
| Measure | Tract 8034 | Red Bank |
|---|---|---|
| In the labor force (age 16+) | 74.1% ±7.1 pts | 71.7% |
| Unemployment rate | 7.2% ±4.1 pts | 3.5% |
| Drove alone to work | 55.2% ±6.6 pts | 56.8% |
| Carpooled | 10.9% ±4.6 pts | 6.5% |
| Public transportation | 6.6% ±3.6 pts | 6.0% |
| Walked | 6.2% ±3.6 pts | 5.9% |
| Worked from home | 8.9% ±3.9 pts | 18.5% |
| Mean travel time to work | 31.4 min ±7.2 | 32.6 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 8034 compare with the other tracts in Monmouth County?
Among Monmouth County's tracts with a reliable estimate, Census Tract 8034 ranks as shown below (1 = highest).
| Measure | In Monmouth County | In Red Bank |
|---|---|---|
| Population | 39th of 154 | 1st of 4 |
| Residents per square mile | 11th of 154 | 1st of 4 |
| Median household income | 103rd of 154 | 2nd of 4 |
| Per capita income | 127th of 154 | 4th of 4 |
| Median home value | 134th of 151 | 3rd of 4 |
| Median gross rent | 33rd of 123 | 1st of 4 |
| Poverty rate | 21st of 61 | 2nd of 2 |
| Bachelor's degree or higher | 113th of 153 | 4th of 4 |
| Median age | 136th of 154 | 4th of 4 |
| Owner-occupied share | 136th of 152 | 3rd of 4 |
The tracts next to it on Monmouth County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 8061 | 100th | $107,275±$18,557 · within the margin of this tract |
| Tract 8109 | 101st | $106,268±$11,246 · within the margin of this tract |
| Tract 8051 | 102nd | $106,083±$8,047 · within the margin of this tract |
| Tract 8034 | 103rd | $104,375±$12,609 |
| Tract 8074.01 | 104th | $104,219±$41,442 · within the margin of this tract |
| Tract 8080.02 | 105th | $103,750±$32,209 · within the margin of this tract |
| Tract 8071 | 106th | $102,716±$28,747 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 8034?
1 of the 18 figures for Census Tract 8034 on this page carries a coefficient of variation over 40% and is marked with a ring: they come from a small sample, so read them as rough.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections