Rumson is a somewhat small coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 7,230 people and two associated neighborhoods, Rumson is the 254th largest community in New Jersey.
Rumson home prices are not only among the most expensive in New Jersey, but Rumson real estate also consistently ranks among the most expensive in America.
Also of interest is that Rumson has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 25.02% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Rumson is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Because of many things, Rumson is a great place for families with children to consider. First of all, many other families with children live here, making Rumson a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Rumson has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Rumson’s overall crime rate is lower than average for the country.
Rumson is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
In Rumson, however, the average commute to work is quite long. On average, people spend 37.94 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
In Rumson, a lot of people use a ferryboat to get to work every day though Rumson is a relatively small borough. Those that ride a ferryboat are primarily traveling out of town to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Rumson. 77.59% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Rumson in 2022 was $136,277, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $545,108 for a family of four.
The people who call Rumson home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Rumson residents report their race to be White, followed by Asian. Important ancestries of people in Rumson include Italian, Irish, German, English, and Polish.
The most common language spoken in Rumson is English. Other important languages spoken here include Spanish and French.