County profile
Monmouth County, NJ
United States · GDP 2024
#113 of 3,127 US counties by GDP61st-percentile growthmore diversified than 91% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$52.7B
BEA · 2024
GDP growth (YoY)
+5.3%
BEA · 2024
Jobs tracked
257,734
Census CBP · 2023
Employers
19,883
Census CBP · 2023
Avg. wage
$68.2k
BLS QCEW · 2023
Population
651,035
Census PEP · 2025
Labor, income & education
Unemployment
4.0%
Median HH income
$124.8k±$2.1k
Bachelor's degree+
51.3%±0.8%
Poverty rate
6.5%±0.4%
Business applications
11,188 · 2025
Retail establishments
2,518
38.8/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Hovnanian Enterprises, Inc.Consumer Cyclical$3.0B68B2Commvault Systems, Inc.Technology$1.2B81B+3Climb Global Solutions, Inc.Technology$652.5M76B+4UMH Properties, Inc.Real Estate$35.0M60C5Cenntro Electric Group LimitedConsumer Cyclical$18.1M24D6Sterling Consolidated Corp.Industrials$10.4M——7Xynergy Holdings, Inc.Financial Services$679.3k——8Speedus Corp.Healthcare$461.2k——9BigString CorporationTechnology$56.9k——10Avalon GloboCare Corp.Healthcare$035D11Chase Packaging CorporationFinancial Services$025D12Canton Strategic Holdings IncHealthcare———13Network 1 Financial Group, Inc.Financial Services———14Cherry Hill Mortgage Investment CorporationReal Estate———15Change Agents Corp.Technology———HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care30%
Retail trade21%
Food & accommodation18%
Professional services12%
Construction10%
Admin & support8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
651,035
residents · 2025 · +1.3% since 2020
Income per capita $104.9k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−3,165
International migration+10,123
Natural change+1,546
GDP trend
2019–2024 · nominal
$38.7B2019
$38.8B2020
$43.1B2021
$46.9B2022
$50.1B2023
$52.7B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$606.1k±$5.5k
Median gross rent
$1.8k/mo±$30/mo
Vacancy rate
6.9%±0.4%
Affordability
8.9× wages
Residential permits
$596.6M
2,138 units · 3.3/1k pop
FEMA risk score
96.3
HUD Fair Market Rent (2BR):$2.3k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 100Heat wave 99Lightning 98
FHFA HOUSE PRICE INDEX · 2016–2025
8492016
8772017
9162018
9482019
9772020
10912021
12542022
13942023
15102024
16042025
RESIDENTIAL PERMITS · 2021–2025
↓ -9% since 20212,3502021
2,3942022
2,5252023
2,7822024
2,1382025
Transport access
BTS · FAA · USACE
Nearest interstate
10.4 km
I-195
Nearest freight rail
2.7 km
DRR
Nearest port
22.5 km
MIDDLETOWN TOWNSHIP PUBLIC DOCK
Nearest commercial airport
48.3 km
NEWARK LIBERTY INTL
Filing activity
SEC EDGAR26 filings from 9 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$68.2k
avg. annual pay · +20% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Monmouth?
Monmouth's economy produced $52.7B in 2024, growing 5.3% year over year — faster than most US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.