How America Moves

Monmouth County, NJ

Migration of people and income, 20222023 filing years

Between the 2022 and 2023 filing years, Monmouth County, NJ saw a net loss of 1,755 tax-filing households and a net loss of 539 individuals. On net, the area gained $6.9M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Ocean County; the largest outflow went to Ocean County. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
+$6.9M
nominal dollars
Net households
-1,755
tax returns
Net people
-539
exemptions

Income (AGI) in and out

Moved in$1.8B
Moved out$1.8B
Net +$6.9M (nominal)

Where movers came from

  1. 1Ocean County, NJ2,276$212.2M
  2. 2Middlesex County, NJ1,907$220.4M
  3. 3Hudson County, NJ841$155.3M
  4. 4Richmond County, NY829$104.0M
  5. 5Kings County, NY785$121.9M
  6. 6Union County, NJ503$80.2M
  7. 7New York County, NY459$132.0M
  8. 8Bergen County, NJ370$63.3M
  9. 9Essex County, NJ336$47.1M
  10. 10Somerset County, NJ305$49.1M

Where movers went

  1. 1Ocean County, NJ2,845$267.1M
  2. 2Middlesex County, NJ1,504$130.4M
  3. 3New York County, NY734$164.3M
  4. 4Hudson County, NJ663$81.2M
  5. 5Kings County, NY343$37.1M
  6. 6Palm Beach County, FL339$139.9M
  7. 7Burlington County, NJ334$24.9M
  8. 8Union County, NJ300$37.3M
  9. 9Mercer County, NJ290$27.6M
  10. 10Philadelphia County, PA224$16.1M

Net migration by year

Net 2012–2023: +$443.3M (+519 people)
20122023
Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012-$57.9M-704
2013-$11.7M-577
2014-$39.2M-1,044
2015-$48.6M-1,175
2016+$51.0M-346
2017+$77.8M+1,063
2018+$106.2M+494
2019-$31.7M-7
2020+$386.0M+2,956
2021+$372.8M+1,244
2022-$368.2M-846
2023+$6.9M-539

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Source: IRS Statistics of Income migration data (public domain). Covers federal income tax filers only; AGI is nominal (not inflation adjusted). These numbers describe movement of filers and their reported income, not why people moved or economic loss. Methodology and caveats.