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2020 Profile Report

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2020 Profile Report i 2020 Monmouth County Profile Report A Monmouth County Division of Planning Publication September 2020 Monmouth County Board of Chosen Freeholders Thomas A. Arnone, Director Susan M. Kiley, Deputy Director Lillian G. Burry Pat Impreveduto Nick DiRocco Cover Photos, In Order From Left to Right: Background Photo: Tatum Park, Middletown │ (Source: Monmouth County Open Space Plan 2019, Monmouth County Park System) Top Row: Upper Freehold Township │ Monmouth County Division of Planning Sea Girt Beach, Sea Girt │ Monmouth County Division of Planning Holmdel Park, Holmdel │ Monmouth County Open Space Plan 2019, Monmouth County Park System) Bottom Row: The Link at Aberdeen Station, Aberdeen │ 2019 Monmouth County Planning Merit Award Recipient Pedestrian Safety Demonstration Project, Red Bank │ 2019 Monmouth County Planning Merit Award Recipient CentraState Medical Center’s Solar Energy Initiative, Freehold Township │ 2019 Monmouth County Planning Merit Award Recipient i Monmouth County Planning Board Members James Giannell, Chairman Paul Kiernan Jr., Vice Chairman Lillian G. Burry, Freeholder Pat Impreveduto, Freeholder Joseph Ettore, County Engineer Charles, Casagrande Jennifer DiLorenzo Nancy Greblja Marcy McMullen Alternate Members Susan M. Kiley, Freeholder Deputy Director James C. Schatzle, Alt. #1 John A. Mele Alt. #2 Contributing Staff Project Manager Kyle DeGroot, Planner Trainee, Division of Planning Contributing Authors Joe Barris, PP, AICP, CFM, Director, Division of Planning Bridget Neary, CFM, Senior Planner, Division of Planning Editors Joe Barris, PP, AICP, CFM, Planning Director, Division of Planning Laura Kirby, AICP, Director, Office of Community Development Bridget Neary, CFM, Senior Planner, Division of Planning David Schmetterer, PP, AICP, Principal Planner, Division of Planning Harriet Honigfeld, PP, AICP, Principal Planner, Division of Planning James Bonanno, AICP, Senior Planner, Division of Planning Quinn Ruff, Planner Trainee, Division of Planning JoAnn Denton, RMC, Secretary to the Monmouth County Planning Board, and Monmouth County Construction Board of Appeals ii Table of Contents Introduction 2 • Non-Residential Construction Projects 41 • New Residential Construction Permits 42 1. Location 2 • Residential Construction Projects 43 2. Population 3 11. Facilities & Infrastructure 44 • County Population 3 11.1. Transportation 44 • Municipal Populations 5 • Rail 44 • Age Group Distribution 9 • Ferry 46 • Cumulative Births and Deaths Estimates 11 • Airports 47 • Bus 47 3. Migration 12 11.2. Infrastructure 48 • In-Migration 12 • Projects 48 • Out-Migration 14 • Green Infrastructure 49 . Monmouth County 51 4. Race & Ethnicity 15 Open Space Plan 2019 • Gray Infrastructure 53 5. Households 16 • Educational Facilities 54 • Household Demographics 16 • Average Household Size by Municipality 18 12. Redevelopment Initiatives 54 • Occupation Location of Monmouth 19 • Fort Monmouth Property: Eatontown, 54 County Residents Tinton Falls, Oceanport • Residential Location of Monmouth 20 • Long Branch City Redevelopment: 57 County Workers Ocean Boulevard and West End • Asbury Park 58 6. Education 22 • The Heights at Monmouth; Monmouth 60 • Monmouth County School Enrollment 22 Mall Redevelopment: Eatontown • Educational Attainment 22 • Fort Hancock: Gateway National 61 Recreation Area (Sandy Hook) 7. Income 23 • Red Bank Downtown Redevelopment 61 • Household Income Distribution 23 • Opportunity Zones 61 • Personal Income Distribution 24 • Per Capita Income 25 13. County Assets & Programs 62 • Unemployment 27 • Grow Monmouth 62 • Top 10 County Employers 27 • Shared Services 63 • Means of Transportation to Work 28 • Monmouth County Improvement 64 Authority 8. Ratable Distribution 28 • The Monmouth County Master Plan 64 • Monmouth County Assessed Land 28 • Monmouth County Community Rating 65 Usage by Class System (CRS) Municipal Assistance • Largest Taxpayers in Monmouth County 30 Program • Monmouth County Office of Community 67 9. Housing 31 Development • Housing Demographics 31 • Community Development 68 • Occupied Housing Tenure 35 Programs • Residential Trends 35 . Community 68 • Value of Owner-Occupied Housing 37 Development Block • Residential Building Permits 38 Grant (CDBG) . HOME Investment 68 10. Authorized Constriction 39 Partnership Program • Authorized Non-Residential Square 39 . Emergency Solutions 69 Footage by Usage Grant (ESG) iii Table of Contents (Continued) 14. Current Economy 70 • Monmouth County CARES, Economic 82 • Monmouth County Annual Economic 70 Assistance Grant Program Survey • Agriculture 72 Appendix 83 • Farmland Preservation 73 • Figures 83 • Tourism Visitor Spending 75 • Tables 83 • Other Industries 76 • Health Services 76 Sources & References 84 • Creative Industries 77 • Military 78 15. Economic Outlook 79 • Office 79 • Retail 80 • Industrial 81 16. COVID-19 Pandemic 81 • CARES Act 81 • Monmouth County Municipal 81 Coronavirus Relief Fund Program Image 1: Downtown Red Bank (Source: Molly Pitcher Inn) iv Introduction The Monmouth County Division of Planning creates, maintains, and updates a number of annual planning reports for public use. In creating the Monmouth County Profile Report, the Division of Planning provides decision makers and the public with meaningful knowledge and understanding about the complex planning issues facing Monmouth County. This annual profile serves as a comprehensive demographic and economic review of Monmouth County. Preparation of this report involves collection and analysis of data from various sources, including U.S. Census Bureau, U.S. Bureau of Labor Statistics, U.S. Bureau of Economic Analysis, New Jersey Department of Community Affairs, and others. This document seeks to showcase the County’s latest demographic trends and economic initiatives involving both the public and private sectors. The Monmouth County Master Plan recognizes the Monmouth County Profile Report as one of numerous consultative and supportive documents that should be referred to alongside the Master Plan during policy formation and program development. *Disclaimer: Calculations and statistics represented in this report do not reflect the effects of the COVID-19 Pandemic. The majority of the report reflects data collected from 2019 or before unless specified otherwise. Please refer to captions listed below or titles in each figure or table to reference date. Some tables include dates in the datasets. Please see the COVID-19 Pandemic section of the report for more details. 1. Location Monmouth County has a total land area of 472 square miles which also includes 27 miles of Atlantic coastline, 26 miles of Raritan Bay coastline. In addition, the County ranks as the sixth largest county in New Jersey. The County is situated along the Atlantic Seaboard between New York City and Philadelphia, centrally located within the Boston to Washington D.C. regional corridor. The County is home to 53 municipalities, ranging in size from 0.1 square miles (Shrewsbury Township) to 62.1 square miles (Howell). Overall population density is approximately 1,321 people per square mile with town populations ranging from 242 residents in the Village of Loch Arbour to 65,475 residents in Middletown Township. Most of the population lives within five miles of either the Raritan Bay shoreline or Atlantic Ocean coastline. The County Seat is Freehold Borough, which is located in central Monmouth County at the convergence of U.S. Highway 9, State Route 33, and County Route 537. Monmouth County’s ideal seaside setting, midway between two of the nation’s largest metropolitan areas, provides the perfect location for city- bound commuters as well as close getaway destinations for urbanites seeking refuge to the country or the Image 2: Location of Monmouth County (Source: Monmouth County Division of Planning) world famous Jersey Shore. According to Stacker.com, along with data collected from U.S. Census American Community Survey, Monmouth County was ranked as the 41st wealthiest county in the United States, with 25.7% of households earning more than $150,000 per year (2018). 2 2. Population County Population Prior to World War II, Monmouth County was predominately rural with over 50% of its land area devoted to farming. After the war ended, the population surged and by 1950 the County had added over 64,000 residents to the 1940 total of 161,238 people. The 1954 opening of the Garden State Parkway brought expanded residential and economic development opportunities along with improved access to regional employment centers. The post-war baby boom, suburban migration, and the in-migration of major employers drove population growth for the next two decades, adding over 236,000 residents by 1970; more than doubling the County’s population. Almost 50% of Monmouth County’s population growth during the post-war suburbanization period (1945-1974) occurred within municipalities adjacent to the Garden State Parkway (Economic Profile of Monmouth County, 1980). In subsequent decades, the County’s population growth slowed to a more sustainable rate, averaging 51,000 per decade, reaching 630,380 by the year 2010. Image 3: Map of Monmouth County Municipalities (Source: Monmouth County Division of Planning) 3 During the 1980’s the widening of Route 9 spurred both residential and economic growth in the western part of the County. Between 1990 and 2000, 51.2% of the County’s total population growth occurred within four Western Monmouth municipalities: Howell (16%), Marlboro (14%), Freehold Township (11%) and Manalapan (11%). While capturing
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