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Shrewsbury borough, NJ
ZIP 07702 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Upper Middle ClassLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Shrewsbury borough, NJ (07702)
Median Income
$144,500
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+268
Wealth inflow
Population
4,162
Unemployment
5.0%
1.3pp above US avg
IRS migration statistics show a net inflow of about 268 for ZIP 07702 (Shrewsbury borough, NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 07702 (2020–Present)
Since 2020, population grew 2.0%, median income fell 14.1% (inflation-adjusted), home values increased 2.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $144,500 |
| Unemployment | 5.0% |
| Establishments | 429 |
| Employees | 6,578 |