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Local economy signal dashboard

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PLACEThriving

Renaissance At Monroe, NJ

Thriving overall. Jobs is the clearest support signal, while gdp / output needs the most attention. Housing reads as unavailable for a median-income household.

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Overall score85out of 100
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69
100
77
NA
81

Population

581

Data freshness

Unknown

GDP / Output

+4.3% YoY

69

$86.7B

Output changed +4.3% in 2024.

Vintage date unknown

State growth4.8%
U.S. growth5.3%

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

State avg6.3%
U.S. avg5.2%

Population

+4.5% 5-year

77

581

Population moved +4.5% over the latest ACS window.

Vintage date unknown

State population9,343,809
U.S. population334,922,499

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

Vintage date unknown

State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$5.7K per resident

81

$4.9B

$4.9B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$96.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$4.9B

$5.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$3.8B
2. Department of Energy$260.7M
3. Department of Veterans Affairs$210.0M

Top recipients

Dollars
1. RUTGERS, THE STATE UNIVERSITY$250.9M
2. THE TRUSTEES OF PRINCETON UNIVERSITY$224.3M
3. TRANSPORTATION, NEW JERSEY DEPT OF$81.5M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median income$104,728
Median home value$531,300

ACS context

Quick Facts

Population

581

Median age

72.7

Bachelor's degree+

56.8%

Poverty rate

0.0%

Labor force participation

21.5%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-16

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+0.9%

GDP CAGR

+5.9%

Federal flow

5 years

Population (5 years)
2020556
2021719
2022691
2023643
2024581
GDP (5 years)
2020$65.2B
2021$72.7B
2022$78.5B
2023$83.1B
2024$86.7B

2-year linear forecast

Predictive Outlook

Population forecast

2024581
2025630 *
2026628 *

R² = 0.3% · * projected

GDP forecast

2024$86.7B
2025$93.3B *
2026$98.6B *

R² = 98.0% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$104,728/yr
Est. mortgage (30yr, 6.5%)$32,239/yr
Mortgage share of income30.8%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate0.0%
State avg6.3%
U.S. avg5.2%
Labor force participation21.5%
Poverty rate0.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$531,300

composite score

Investment Climate

Investment climateStrong
Composite score82/100
Economic growth69/100
Labor market100/100
Population momentum77/100
Overall stability85/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Renaissance at Monroe CDP, New Jersey

City/Town

Part of

New York-Newark-Jersey City, NY-NJ

Nearby locations

Monroe Manor, NJTwin Rivers, NJStonebridge, NJHightstown, NJRoosevelt, NJ