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Red Bank, New Jersey

The Borough of Red Bank is a Borough in Monmouth County, New Jersey incorporated in 1908. As of the United States 2000 Census, the borough had a population of 11,844. Red Bank was originally formed as a Town on March 17, 1870, from portions of Shrewsbury Township. On February 14, 1879, Red Bank became Shrewsbury City, a portion of Shrewsbury Township, but this only lasted until May 15, 1879, when Red Bank regained its independence. On March 10, 1908, Red Bank was formed as a borough by an Act of the New Jersey Legislature and was set off from Shrewsbury Township. Alongside Asbury Park and Long Branch the town is considered to be one of the three artistic communities of the Jersey Shore. The community is often compared to New York City's Soho and Greenwich Village.

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Red Bank Careers

Among the most common occupations in Red Bank are Management, professional, and related occupations, 35%. Sales and office occupations, 28%. and Service occupations, 18%. Approximately 79 percent of workers in Red Bank, New Jersey work for companies, 10 percent work for the government and 5 percent are self-employed.

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Red Bank Industries

The leading industries in Red Bank, New Jersey are Educational, health and social services, 17%; Professional, scientific, management, administrative, and waste management services, 13%; and Finance, insurance, real estate, and rental and leasing, 11%. Simply Hired's Red Bank job listings indicate that the following industries in Red Bank are hiring the most workers: Misc Information Services, Hospitals, Clinics & Outpatient Services, Misc Store Retailers and Home Health Care.

Red Bank Job Salaries

According to government data, the average salary for jobs in Red Bank, New Jersey is $40,076, and the median income of households in Red Bank was $47,282.
 

Average Salaries in Red Bank, NJ

Red Bank, NJ

$40,000
 

Red Bank Unemployment Rate

Red Bank has an unemployment rate of 5.7%, compared the national average of 5.8%.

According to our Red Bank Trends data, the number of Red Bank, New Jersey jobs has decreased by 35% since November 2006.
Red Bank job trends

Red Bank Employment Statistics

Population of Red Bank
Total population 11,844
Male 47.87%
Female 52.13%
Median age 37.5
  
Red Bank Housing
Owner-occupied homes 47.6%
Median cost of a home $178,900
Median mortgage payment $1,010
Renter-occupied homes 52.4%
Vacant housing 4.6%
Median monthly rent $813
  
Average Income
Median for all male full-time $45,922
Median for all female full-time $34,231
  
Household Income
Less than $10,000 9%
$10,000 to $14,999 7%
$15,000 to $24,999 10%
$25,000 to $34,999 11%
$35,000 to $49,999 15%
$50,000 to $74,999 19%
$75,000 to $99,999 15%
$100,000 to $149,999 9%
$150,000 to $199,999 3%
$200,000 or more 2%
  
Education
Less than 9th grade 9%
9th to 12th grade, no diploma 10%
High school graduate 25%
Some college, no degree 19%
Associate's degree 5%
Bachelor's degree 21%
Graduate degree 11%
  
Marital Status
Never married 35%
Currently married 40%
Separated 2%
Widowed 12%
Divorced 10%
  
Race
White 70%
Black or African American 21%
Asian 2%
Other 7%
  
Red Bank Commute
Carpool 11.3%
Public transportation 12.7%
Average travel time 30 minutes