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Males had a median income of ,376 ( /- ,034) versus ,255 ( /- ,121) for females.The per capita income for the borough was ,773 ( /- ,834).About 3.5% of families and 5.2% of the population were below the poverty line, including 9.6% of those under age 18 and 5.4% of those age 65 or over.).

Matawan: As usual, Matawan will do their fireworks well before July 4: The event will be held Saturday, June 29, 2019 from p.m. Enjoy some fabulous live music and a firework show! You have to pay to enter the parks, but the evening fireworks show is free.

The average household size was 2.59 and the average family size was 3.15. For every 100 females ages 18 and older there were 90.8 males.

In the borough, the population was spread out with 22.6% under the age of 18, 8.1% from 18 to 24, 29.7% from 25 to 44, 28.0% from 45 to 64, and 11.7% who were 65 years of age or older. The Census Bureau's 2006–10 American Community Survey showed that (in 2010 inflation-adjusted dollars) median household income was ,375 (with a margin of error of /- ,318) and the median family income was ,677 ( /- ,353).

The Lenape Native Americans called the area "Mechananienk", a Lenape language word meaning "where two rivers come together", which gave rise to the area being called "Matovancons" by Dutch settlers, from which derives the name "Matawan".

It may also originate from the Southern Unami Matawonge, "bad riverbank" or "bad hill", a possible reference to bluffs along Raritan Bay which were subject to erosion and collapse prior to the construction of a seawall in the 1970s.

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