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Monmouth Junction, NJ

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
119
Expensive
Median Home Value
$497,100
National: $426,735
Median Rent
$1,880/mo
National: $1,527/mo
Household Income
$125,892
National: $84,532
Population
9,457
Purchasing Power
125
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
116 / 100
100 = national average
Rent Index
123 / 100
Overall Index
119
Expensive

Monmouth Junction Mortgage Calculator

Pre-filled with the local median home value of $497,100 and New Jersey's property tax rate of 2.47%.

Salary & Purchasing Power

Median household income is $125,892 49% above the national average.

What $125,892 in Monmouth Junction Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$159,745+27%
Los Angeles, CA$179,846+43%
Chicago, IL$85,691-32%
Houston, TX$75,112-40%

Property Tax in Monmouth Junction, NJ

Est. Annual Property Tax
$12,278
Monthly Impact
$1,023
Added to your mortgage
Effective Rate
2.47%
National avg: ~1.00%

New Jersey Tax Overview

Tax TypeNew JerseyNational Avg
Property Tax Rate2.47%1.00%
Top Income Tax Rate10.75%~5.0%
State Sales Tax6.6%~5.0%

Compare Monmouth Junction to Another City

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Cost of Living Comparison

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Monmouth Junction, NJ
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Monmouth Junction, NJ: 116
Rent Prices
123
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR