How many renters in Freehold Borough, NJ pay more than 30% of their income on rent?
54.2% (±12.3 points) of renting households in Freehold Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
46.4% spend 35% or more.
The median renting household spends 32.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 54.2% (±12.3 points)
- Paying 35% or more
- 46.4% (±11.5 points)
- Median share of income
- 32.7% (±9.0 points)
Rent as a share of income in Freehold Borough
| Share of income spent on rent | Freehold Borough | Monmouth County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 16.8% (±8.2 points) | 11.0% | 12.2% | 12.6% |
| 15% to 19.9% | 4.5% (±3.1 points) | 11.8% | 12.3% | 12.2% |
| 20% to 24.9% | 10.4% (±6.6 points) | 13.5% | 12.6% | 12.6% |
| 25% to 29.9% | 14.1% (±5.6 points) | 11.1% | 11.4% | 11.5% |
| 30% to 34.9% | 7.8% (±4.3 points) | 8.3% | 8.9% | 9.2% |
| 35% or more | 46.4% (±11.5 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.
Freehold Borough against Monmouth County, its state and the nation
| Freehold Borough | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 54.2% (±12.3 points) | 52.7% (±2.1 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 46.4% (±11.5 points) | 44.4% (±1.8 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 32.7% (±9.0 points) | 31.6% (±1.1 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $47,837 (±$6,939) | $62,592 (±$3,372) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,832 (±$128) | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
In Freehold 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, Freehold Borough ranks 21 of 53 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 227 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 Freehold Borough
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Freehold Borough | — | 54.2% (±12.3 points) | — |
| East Freehold | 2.1 mi | 68.4% (±41.3 points) | Not measurably different |
| West Freehold | 2.2 mi | 51.8% (±16.1 points) | Not measurably different |
| Freehold Township | 2.8 mi | 59.9% (±9.7 points) | Not measurably different |
| Manalapan Township | 4.0 mi | 61.9% (±16.8 points) | Not measurably different |
| Yorketown | 4.6 mi | 82.0% (±66.4 points) | Not measurably different |
| Englishtown Borough | 5.1 mi | 44.6% (±25.5 points) | Not measurably different |
| Robertsville | 5.6 mi | 26.0% (±33.5 points) | Not measurably different |
| Marlboro Township | 5.8 mi | 42.8% (±16.4 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
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 |
|---|---|---|
| 15 | Lake Como Borough | 59.2% (±17.4 points) |
| 16 | Wall Township | 58.7% (±14.6 points) |
| 17 | Manasquan Borough | 56.4% (±23.1 points) |
| 18 | Ocean Township (Monmouth County) | 56.3% (±8.9 points) |
| 19 | Middletown Township | 56.2% (±7.8 points) |
| 20 | Neptune Township | 54.5% (±9.3 points) |
| 21 | Freehold Borough | 54.2% (±12.3 points) |
| 22 (tie) | Long Branch | 52.8% (±6.2 points) |
| 22 (tie) | Neptune City Borough | 52.8% (±21.9 points) |
| 24 | Hazlet Township | 52.4% (±16.5 points) |
| 25 (tie) | Asbury Park | 52.3% (±7.9 points) |
| 25 (tie) | Spring Lake Borough | 52.3% (±43.3 points) |
| 27 | Spring Lake Heights Borough | 50.5% (±15.3 points) |
Showing 13 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 Freehold Borough
Are renters in Freehold Borough rent-burdened?
54.2% of renting households in Freehold 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 Freehold Borough spend on rent?
The median renting household in Freehold Borough, NJ spends 32.7% (±9.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Freehold borough, Monmouth County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Freehold borough, Monmouth County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Freehold 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 Freehold borough, Monmouth County, New Jersey (county subdivision:25200, 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 Freehold Borough at a glance
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- Renters and owners in Freehold Borough
- Income and affordability in Freehold Borough
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- Homeowner costs in Freehold Borough
- Property taxes in Freehold Borough
- Types of homes in Freehold Borough
- Bedrooms in Freehold Borough
- Age of homes in Freehold Borough
- Vacancy rate in Freehold Borough
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- Crime reported to police in Freehold Borough
- Population growth in Freehold Borough
- How long people stay in Freehold Borough
- Crowding and facilities in Freehold 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