How many renters in Farmingdale Borough, NJ pay more than 30% of their income on rent?
71.7% (±21.6 points) of renting households in Farmingdale Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
54.0% spend 35% or more.
The median renting household spends 36.3% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 71.7% (±21.6 points)
- Paying 35% or more
- 54.0% (±17.8 points)
- Median share of income
- 36.3% (±5.6 points)
Rent as a share of income in Farmingdale Borough
| Share of income spent on rent | Farmingdale Borough | Monmouth County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 5.5% (±5.1 points) | 11.0% | 12.2% | 12.6% |
| 15% to 19.9% | 6.3% (±5.2 points) | 11.8% | 12.3% | 12.2% |
| 20% to 24.9% | 7.6% (±6.6 points) | 13.5% | 12.6% | 12.6% |
| 25% to 29.9% | 8.9% (±9.0 points) | 11.1% | 11.4% | 11.5% |
| 30% to 34.9% | 17.7% (±12.2 points) | 8.3% | 8.9% | 9.2% |
| 35% or more | 54.0% (±17.8 points) | 44.4% | 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.
Farmingdale Borough against Monmouth County, its state and the nation
| Farmingdale Borough | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 71.7% (±21.6 points) | 52.7% (±2.1 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 54.0% (±17.8 points) | 44.4% (±1.8 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 36.3% (±5.6 points) | 31.6% (±1.1 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $60,469 (±$24,332) | $62,592 (±$3,372) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,648 (±$139) | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
In Farmingdale Borough, the share of renters paying 30% or more of income is not measurably different from Monmouth County (52.7%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Monmouth County, Farmingdale Borough ranks 6 of 53 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 44 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 Farmingdale Borough
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Farmingdale Borough | — | 71.7% (±21.6 points) | — |
| Howell Township | 2.4 mi | 67.4% (±12.6 points) | Not measurably different |
| Wall Township | 4.4 mi | 58.7% (±14.6 points) | Not measurably different |
| Ramtown | 5.9 mi | 0.0% (±141.4 points) | Not measurably different |
| Tinton Falls Borough | 6.1 mi | 65.5% (±11.1 points) | Not measurably different |
| Neptune Township | 6.2 mi | 54.5% (±9.3 points) | Not measurably different |
| East Freehold | 6.5 mi | 68.4% (±41.3 points) | Not measurably different |
| Colts Neck Township | 6.6 mi | 18.2% (±34.4 points) | Lower |
| West Freehold | 6.9 mi | 51.8% (±16.1 points) | Not measurably different |
Nearby places with a measurably lower figure: Colts Neck Township, NJ (18.2%).
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 Monmouth County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Shrewsbury Borough | 86.4% (±23.5 points) |
| 2 | Union Beach Borough | 80.3% (±40.3 points) |
| 3 | Brielle Borough | 78.1% (±29.1 points) |
| 4 | Oceanport Borough | 74.9% (±30.5 points) |
| 5 | Holmdel Township | 71.9% (±31.6 points) |
| 6 | Farmingdale Borough | 71.7% (±21.6 points) |
| 7 | West Long Branch Borough | 69.5% (±21.0 points) |
| 8 | Howell Township | 67.4% (±12.6 points) |
| 9 | Tinton Falls Borough | 65.5% (±11.1 points) |
| 10 | Monmouth Beach Borough | 64.3% (±49.2 points) |
| 11 | Roosevelt Borough | 62.3% (±41.1 points) |
| 12 | Manalapan Township | 61.9% (±16.8 points) |
Showing 12 of 53 places in Monmouth 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 Farmingdale Borough
Are renters in Farmingdale Borough rent-burdened?
71.7% of renting households in Farmingdale 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 Farmingdale Borough spend on rent?
The median renting household in Farmingdale Borough, NJ spends 36.3% (±5.6 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Farmingdale borough, Monmouth County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Farmingdale borough, Monmouth County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Farmingdale borough, Monmouth 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 Farmingdale borough, Monmouth County, New Jersey (county subdivision:22950, in state:34 county:025).
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 Farmingdale Borough at a glance
- Median rent in Farmingdale Borough
- Rent by bedrooms in Farmingdale Borough
- Renters and owners in Farmingdale Borough
- Income and affordability in Farmingdale Borough
- Home values in Farmingdale Borough
- Homeowner costs in Farmingdale Borough
- Property taxes in Farmingdale Borough
- Types of homes in Farmingdale Borough
- Bedrooms in Farmingdale Borough
- Age of homes in Farmingdale Borough
- Heating fuel in Farmingdale Borough
- Commute and cars in Farmingdale Borough
- Population growth in Farmingdale Borough
- How long people stay in Farmingdale Borough
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey