What percentage of people rent in Bound Brook Borough, NJ?

Name: Renters and owners in Bound Brook Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

55.2% (±5.0 points) of the occupied homes in Bound Brook Borough, NJ are rented (2020–2024 American Community Survey).

That is 2,542 renting households against 2,063 that own their home.

In Bound Brook Borough, the share of households that rent went from 51.0% in 2015–2019 to 55.2% in 2020–2024 (+4.2 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 55.2% (±5.0 points)
Renting households: 2,542 (±284)
Median renter income: $61,641 (±$12,696)

Who rents and who owns in Bound Brook Borough

Tenure, estimate (90% margin of error)
	Bound Brook Borough	Somerset County	New Jersey	United States
Renter-occupied share	55.2% (±5.0 points)	25.7% (±0.9 points)	36.2% (±0.2 points)	34.8%
Renting households	2,542 (±284)	33,615 (±1,269)	1,268,573 (±8,082)	45,017,354
Owning households	2,063 (±248)	97,187 (±1,176)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.6 (±0.3)	2.4 (±0.1)	2.4 (±0.0)	2.3
Average owner household size	2.7 (±0.2)	2.8 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$61,641 (±$12,696)	$82,470 (±$5,113)	$62,674 (±$718)	$52,966
Median owner household income	$122,390 (±$12,192)	$170,007 (±$3,672)	$133,477 (±$624)	$100,009

In Bound Brook Borough, the renter share is higher than in Somerset County (25.7%).

It is also higher than in New Jersey (36.2%).

It is higher than the national figure (34.8%).

In Somerset County, Bound Brook Borough ranks 2 of 21 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 56 of 564.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Bound Brook Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	51.0% (±5.1 points)	55.2% (±5.0 points)	+4.2 percentage points	Not a measurable change
Median gross rent	$1,443 (±$68)	$1,973 (±$112)	+36.7%	Up after inflation
Median household income	$70,540 (±$5,370)	$90,571 (±$9,442)	+28.4%	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 Bound Brook Borough

Nearest places with a published estimate, compared with Bound Brook Borough
Place	Distance	Households that rent	Compared with this place
Bound Brook Borough	—	55.2% (±5.0 points)	—
South Bound Brook Borough	1.1 mi	42.1% (±7.3 points)	Lower
Finderne	2.0 mi	40.3% (±8.8 points)	Lower
Middlesex Borough	2.1 mi	26.1% (±4.7 points)	Lower
Franklin Center	2.5 mi	25.5% (±6.1 points)	Lower
Martinsville	3.2 mi	4.0% (±2.4 points)	Lower
Manville Borough	3.3 mi	23.0% (±4.8 points)	Lower
Weston	3.7 mi	1.7% (±2.9 points)	Lower
Somerville Borough	3.7 mi	57.0% (±4.4 points)	Not measurably different

Nearby places with a measurably lower figure: South Bound Brook Borough, NJ (42.1%), Finderne, NJ (40.3%), Middlesex Borough, NJ (26.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Somerset County, place by place

Rank	Place	Households that rent
1	Somerville Borough	57.0% (±4.4 points)
2	Bound Brook Borough	55.2% (±5.0 points)
3	Raritan Borough	50.1% (±7.1 points)
4	North Plainfield Borough	46.7% (±4.8 points)
5	South Bound Brook Borough	42.1% (±7.3 points)
6	Franklin Township (Somerset County)	30.7% (±2.4 points)
7	Rocky Hill Borough	23.6% (±11.9 points)
8	Manville Borough	23.0% (±4.8 points)

Showing 8 of 21 places in Somerset 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.

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Questions about Bound Brook Borough

How many renters are there in Bound Brook Borough?

Bound Brook Borough has an estimated 2,542 (±284) renting households, 55.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Bound Brook Borough?

In Bound Brook Borough, the share of households that rent went from 51.0% in 2015–2019 to 55.2% in 2020–2024 (+4.2 percentage points), not a measurable change.

How big are renting households in Bound Brook Borough?

A renting household in Bound Brook Borough has 2.6 people on average, against 2.7 in an owned home.

How much do renters earn in Bound Brook Borough?

The median renting household in Bound Brook Borough, NJ has an income of $61,641 (±$12,696) a year, against $122,390 for households that own their home.

Sources

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 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.

Request a Census API 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.