Red Bank is a borough in Monmouth County in Central New Jersey. It is popular for its vibrant downtown area, RiverCenter, as well as its abundance of theaters and craft breweries. Besides this, its proximity to water recreation and the excitement of New York City makes Red Bank an in-demand destination for retirees.
Climate & Geography
Red Bank has a humid subtropical climate. Summer temperatures reach the 80s and winters dip below freezing. The region averages 47 inches of rain, 26 inches of snow, and 207 days of sun each year.
Red Bank is situated on the southern bank of the Navesink River and approximately 24 miles from Manhattan. The terrain in Monmouth County is generally flat and low-lying, but there are a few low hills.
Recreation, Culture, & Entertainment
Red Bank is a vibrant borough with a variety of activities for active adults. Outdoors, residents enjoy the trails at Riverside Gardens Park and the waterfront festivals and concerts at Marine Park. Retirees can also fish at the Red Bank Marina along the Navesink River.
Indoors, residents enjoy the arts at the Count Basie Theatre and Two River Theater as well as local art galleries. There are several breweries and wineries for craft brew lovers. The RiverCenter is Red Bank's downtown area featuring local boutiques and eateries.
For even more entertainment, designer shopping, and gourmet restaurants, New Brunswick is under an hour away and New York City is just over an hour away.
Cost of Living & Taxes
The overall cost of living in Red Bank is higher than the national average because of high housing and grocery costs.
New Jersey does not tax Social Security benefits, and all other forms of retirement income are largely deductible. Property taxes in the state are the highest in the country, but the combined sales tax in Red Bank is about average at 6.9 percent.
According to Gallup's Well-Being Index, New Jersey scores well in the social factor of the survey.
Hackensack Meridian Health Riverview Medical Center is located in Red Bank, and it is rated high performing by U.S. News. Nearby Monmouth Medical Center-Long Branch Campus is also high performing, and Jersey Shore University Medical Center in Neptune is nationally ranked.