How many renters in Bound Brook Borough, NJ pay more than 30% of their income on rent?
65.4% (±10.6 points) of renting households in Bound Brook Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
58.7% spend 35% or more.
The median renting household spends 42.8% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 65.4% (±10.6 points)
- Paying 35% or more
- 58.7% (±9.9 points)
- Median share of income
- 42.8% (±7.5 points)
Rent as a share of income in Bound Brook Borough
| Share of income spent on rent | Bound Brook Borough | Somerset County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 5.8% (±3.5 points) | 11.5% | 12.2% | 12.6% |
| 15% to 19.9% | 10.5% (±5.0 points) | 13.3% | 12.3% | 12.2% |
| 20% to 24.9% | 5.3% (±2.8 points) | 13.7% | 12.6% | 12.6% |
| 25% to 29.9% | 12.9% (±6.3 points) | 12.5% | 11.4% | 11.5% |
| 30% to 34.9% | 6.7% (±3.8 points) | 8.5% | 8.9% | 9.2% |
| 35% or more | 58.7% (±9.9 points) | 40.5% | 42.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Bound Brook Borough against Somerset County, its state and the nation
| Bound Brook Borough | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 65.4% (±10.6 points) | 49.0% (±3.0 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 58.7% (±9.9 points) | 40.5% (±2.6 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 42.8% (±7.5 points) | 29.6% (±1.0 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $61,641 (±$12,696) | $82,470 (±$5,113) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,973 (±$112) | $2,033 (±$52) | $1,720 (±$7) | $1,413 |
In Bound Brook Borough, the share of renters paying 30% or more of income is higher than in Somerset County (49.0%).
It is also higher than in New Jersey (51.6%).
It is higher than the national figure (51.1%).
In Somerset County, Bound Brook Borough ranks 3 of 21 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 72 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Bound Brook Borough
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Bound Brook Borough | — | 65.4% (±10.6 points) | — |
| South Bound Brook Borough | 1.1 mi | 69.2% (±15.4 points) | Not measurably different |
| Finderne | 2.0 mi | 46.5% (±17.2 points) | Not measurably different |
| Middlesex Borough | 2.1 mi | 44.3% (±13.7 points) | Lower |
| Franklin Center | 2.5 mi | 26.1% (±17.7 points) | Lower |
| Martinsville | 3.2 mi | 47.7% (±52.8 points) | Not measurably different |
| Manville Borough | 3.3 mi | 50.2% (±14.0 points) | Not measurably different |
| Weston | 3.7 mi | 100.0% (±110.3 points) | Not measurably different |
| Somerville Borough | 3.7 mi | 41.9% (±9.1 points) | Lower |
Nearby places with a measurably lower figure: Middlesex Borough, NJ (44.3%), Franklin Center, NJ (26.1%), Somerville Borough, NJ (41.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Somerset County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Peapack and Gladstone Borough | 85.7% (±41.3 points) |
| 2 | South Bound Brook Borough | 69.2% (±15.4 points) |
| 3 | Bound Brook Borough | 65.4% (±10.6 points) |
| 4 | Watchung Borough | 62.1% (±29.8 points) |
| 5 | North Plainfield Borough | 56.0% (±10.7 points) |
| 6 | Montgomery Township | 54.4% (±13.2 points) |
| 7 | Far Hills Borough | 51.0% (±26.7 points) |
| 8 | Bedminster Township | 50.5% (±12.4 points) |
| 9 | Manville Borough | 50.2% (±14.0 points) |
Showing 9 of 21 places in Somerset County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Bound Brook Borough
Are renters in Bound Brook Borough rent-burdened?
65.4% of renting households in Bound Brook Borough pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Bound Brook Borough spend on rent?
The median renting household in Bound Brook Borough, NJ spends 42.8% (±7.5 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bound Brook borough, Somerset County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Bound Brook borough, Somerset County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bound Brook borough, Somerset County, New Jersey
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 Bound Brook borough, Somerset County, New Jersey (county subdivision:06790, in state:34 county:035).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 .
Related
- Housing in Bound Brook Borough at a glance
- Median rent in Bound Brook Borough
- Rent by bedrooms in Bound Brook Borough
- Renters and owners in Bound Brook Borough
- Income and affordability in Bound Brook Borough
- Home values in Bound Brook Borough
- Homeowner costs in Bound Brook Borough
- Property taxes in Bound Brook Borough
- Types of homes in Bound Brook Borough
- Bedrooms in Bound Brook Borough
- Age of homes in Bound Brook Borough
- Vacancy rate in Bound Brook Borough
- Heating fuel in Bound Brook Borough
- Commute and cars in Bound Brook Borough
- Crime reported to police in Bound Brook Borough
- Population growth in Bound Brook Borough
- How long people stay in Bound Brook Borough
- Crowding and facilities in Bound Brook Borough
- New Jersey landlord and tenant rules
- Housing across Somerset County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey