Shrewsbury township, New Jersey Unemployment

Shrewsbury township, New Jersey has a population of 1,181, with a median household income of $114,114.

Current unemployment data for Shrewsbury township.

2.40%

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Population

1,181

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Median Income

$114,114

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Unemployment

2.40%

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Housing Price

$488,114

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Crime Rate

0.30

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Internet Speed

263.40 Mbps

Shrewsbury township is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Shrewsbury township, located in New Jersey, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Shrewsbury township has a population of 1,181, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

The average housing price in Shrewsbury township is about $488,114, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Shrewsbury township is 2.40%, which is lower than the state average, indicating a relatively strong job market. Shrewsbury township 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 township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of New Jersey, Shrewsbury township contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Shrewsbury township

What is the population of Shrewsbury township?

The population of Shrewsbury township is approximately 1,181.

Is Shrewsbury township a good place to live?

Shrewsbury township 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 township?

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

How expensive is housing in Shrewsbury township?

The average housing price in Shrewsbury township is approximately $488,114.