Allenwood is located in east New Jersey. Allenwood is part of Monmouth County. Allenwood has 1.73 square miles of land area and 0.12 square miles of water area. As of 2010-2014, the total Allenwood population is 1,022, which has grown 9.30% since 2000. The population growth rate is higher than the state average rate of 5.47% and is lower than the national average rate of 11.61%. Allenwood median household income is $106,181 in 2010-2014 and has has shrunk by 9.30% since 2000. The income growth rate is much lower than the state average rate of 30.67% and is much lower than the national average rate of 27.36%. Allenwood median house value is $441,400 in 2010-2014 and has shrunk by -48.67% since 2000. The house value growth rate is much lower than the state average rate of 87.30% and is about the same as the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Allenwood is better than the state average in quality. The Allenwood area code is 732.