What percentage of people rent in Asbury Park, NJ?
72.3% (±4.0 points) of the occupied homes in Asbury Park, NJ are rented (2020–2024 American Community Survey).
That is 5,425 renting households against 2,074 that own their home.
In Asbury Park, the share of households that rent went from 77.6% in 2015–2019 to 72.3% in 2020–2024 (−5.3 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 72.3% (±4.0 points)
- Renting households
- 5,425 (±410)
- Median renter income
- $51,967 (±$15,759)
Who rents and who owns in Asbury Park
| Asbury Park | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 72.3% (±4.0 points) | 24.4% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 5,425 (±410) | 61,539 (±1,684) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 2,074 (±337) | 190,173 (±1,568) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.0 (±0.1) | 2.1 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±0.2) | 2.7 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $51,967 (±$15,759) | $62,592 (±$3,372) | $62,674 (±$718) | $52,966 |
| Median owner household income | $152,222 (±$23,072) | $151,807 (±$2,620) | $133,477 (±$624) | $100,009 |
In Asbury Park, the renter share is higher than in Monmouth County (24.4%).
It is also higher than in New Jersey (36.2%).
It is higher than the national figure (34.8%).
In Monmouth County, Asbury Park ranks 1 of 53 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 13 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Asbury Park has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 77.6% (±2.8 points) | 72.3% (±4.0 points) | −5.3 percentage points | Measurable decrease |
| Median gross rent | $1,229 (±$55) | $1,722 (±$102) | +40.1% | Up after inflation |
| Median household income | $47,841 (±$7,091) | $75,544 (±$14,872) | +57.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Asbury Park
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Asbury Park | — | 72.3% (±4.0 points) | — |
| Ocean Grove | 0.8 mi | 36.3% (±7.5 points) | Lower |
| Loch Arbour Village | 0.8 mi | 11.7% (±9.1 points) | Lower |
| Interlaken Borough | 0.8 mi | 6.3% (±2.9 points) | Lower |
| Allenhurst Borough | 1.0 mi | 47.5% (±12.9 points) | Lower |
| Wanamassa | 1.4 mi | 15.8% (±8.1 points) | Lower |
| Bradley Beach Borough | 1.5 mi | 51.5% (±9.7 points) | Lower |
| Neptune City Borough | 2.0 mi | 27.9% (±8.8 points) | Lower |
| Deal Borough | 2.0 mi | 33.0% (±11.3 points) | Lower |
Nearby places with a measurably lower figure: Ocean Grove, NJ (36.3%), Loch Arbour Village, NJ (11.7%), Interlaken Borough, NJ (6.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Monmouth County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Asbury Park | 72.3% (±4.0 points) |
| 2 | Long Branch | 57.5% (±3.6 points) |
| 3 | Bradley Beach Borough | 51.5% (±9.7 points) |
| 4 | Keansburg Borough | 51.0% (±8.6 points) |
| 5 | Red Bank Borough | 49.9% (±5.1 points) |
| 6 | Keyport Borough | 49.8% (±7.5 points) |
| 7 | Matawan Borough | 48.1% (±5.5 points) |
Showing 7 of 53 places in Monmouth County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Asbury Park
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Questions about Asbury Park
How many renters are there in Asbury Park?
Asbury Park has an estimated 5,425 (±410) renting households, 72.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Asbury Park?
In Asbury Park, the share of households that rent went from 77.6% in 2015–2019 to 72.3% in 2020–2024 (−5.3 percentage points), a measurable decrease.
How big are renting households in Asbury Park?
A renting household in Asbury Park has 2.0 people on average, against 2.1 in an owned home.
How much do renters earn in Asbury Park?
The median renting household in Asbury Park, NJ has an income of $51,967 (±$15,759) a year, against $152,222 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Asbury Park city, Monmouth County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Asbury Park city, Monmouth County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Asbury Park city, Monmouth County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Asbury Park city, Monmouth County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Asbury Park city, Monmouth County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Asbury Park city, Monmouth County, New Jersey (county subdivision:01960, in state:34 county:025).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- Housing across Monmouth County
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- Housing data for every place in New Jersey