Shrewsbury borough, New Jersey Housing

Shrewsbury borough, New Jersey has a population of 4,241, with a median household income of $148,114.

Current housing data for Shrewsbury borough.

$621,114

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Population

4,241

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Median Income

$148,114

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Unemployment

1.80%

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Housing Price

$621,114

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Crime Rate

0.20

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Internet Speed

284.10 Mbps

Shrewsbury borough is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Shrewsbury borough has a population of 4,241, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Shrewsbury borough is $148,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Shrewsbury borough average around $621,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Shrewsbury borough is 1.80%, which is lower than the state average, indicating a relatively strong job market. Shrewsbury borough has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Jersey, Shrewsbury borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Shrewsbury borough offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Shrewsbury borough

What is the population of Shrewsbury borough?

The population of Shrewsbury borough is approximately 4,241.

Is Shrewsbury borough a good place to live?

Shrewsbury borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Shrewsbury borough?

The median household income in Shrewsbury borough is around $148,114.

How expensive is housing in Shrewsbury borough?

The average housing price in Shrewsbury borough is approximately $621,114.