What percentage of people rent in Hoboken, NJ?
66.2% (±2.2 points) of the occupied homes in Hoboken, NJ are rented (2020–2024 American Community Survey).
That is 18,607 renting households against 9,481 that own their home.
In Hoboken, the share of households that rent went from 67.2% in 2015–2019 to 66.2% in 2020–2024 (−1.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 66.2% (±2.2 points)
- Renting households
- 18,607 (±802)
- Median renter income
- $146,592 (±$10,494)
Who rents and who owns in Hoboken
| Hoboken | Hudson County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 66.2% (±2.2 points) | 69.3% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 18,607 (±802) | 207,608 (±2,159) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 9,481 (±630) | 92,074 (±1,957) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 1.9 (±0.1) | 2.3 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.1) | 2.5 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $146,592 (±$10,494) | $75,879 (±$2,090) | $62,674 (±$718) | $52,966 |
| Median owner household income | $249,987 (±$13,918) | $135,969 (±$4,834) | $133,477 (±$624) | $100,009 |
In Hoboken, the renter share is lower than in Hudson County (69.3%).
It is also higher than in New Jersey (36.2%).
It is higher than the national figure (34.8%).
In Hudson County, Hoboken ranks 7 of 12 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 23 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Hoboken has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 67.2% (±1.7 points) | 66.2% (±2.2 points) | −1.0 percentage points | Not a measurable change |
| Median gross rent | $2,315 (±$83) | $2,938 (±$129) | +26.9% | No measurable change after inflation |
| Median household income | $147,620 (±$7,822) | $180,579 (±$10,044) | +22.3% | 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 Hoboken
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Hoboken | — | 66.2% (±2.2 points) | — |
| Union City | 1.5 mi | 80.9% (±2.0 points) | Higher |
| Weehawken Township | 1.7 mi | 69.6% (±3.9 points) | Not measurably different |
| West New York Town | 3.0 mi | 77.0% (±2.2 points) | Higher |
| Jersey City | 3.0 mi | 72.1% (±1.1 points) | Higher |
| Secaucus Town | 3.3 mi | 49.4% (±4.3 points) | Lower |
| North Bergen Township | 3.3 mi | 58.4% (±2.7 points) | Lower |
| Guttenberg Town | 3.5 mi | 60.0% (±5.9 points) | Not measurably different |
| Kearny Town | 5.0 mi | 57.1% (±2.7 points) | Lower |
Nearby places with a measurably lower figure: Secaucus Town, NJ (49.4%), North Bergen Township, NJ (58.4%), Kearny Town, NJ (57.1%).
Nearby places with a measurably higher figure: Union City, NJ (80.9%), West New York Town, NJ (77.0%), Jersey City, NJ (72.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Hudson County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Union City | 80.9% (±2.0 points) |
| 2 | Harrison Town | 78.9% (±4.0 points) |
| 3 | West New York Town | 77.0% (±2.2 points) |
| 4 | Jersey City | 72.1% (±1.1 points) |
| 5 | East Newark Borough | 71.0% (±7.3 points) |
| 6 | Weehawken Township | 69.6% (±3.9 points) |
| 7 | Hoboken | 66.2% (±2.2 points) |
| 8 | Bayonne | 63.8% (±2.3 points) |
| 9 | Guttenberg Town | 60.0% (±5.9 points) |
| 10 | North Bergen Township | 58.4% (±2.7 points) |
| 11 | Kearny Town | 57.1% (±2.7 points) |
| 12 | Secaucus Town | 49.4% (±4.3 points) |
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 Hoboken
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Questions about Hoboken
How many renters are there in Hoboken?
Hoboken has an estimated 18,607 (±802) renting households, 66.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Hoboken?
In Hoboken, the share of households that rent went from 67.2% in 2015–2019 to 66.2% in 2020–2024 (−1.0 percentage points), not a measurable change.
How big are renting households in Hoboken?
A renting household in Hoboken has 1.9 people on average, against 2.2 in an owned home.
How much do renters earn in Hoboken?
The median renting household in Hoboken, NJ has an income of $146,592 (±$10,494) a year, against $249,987 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hoboken city, Hudson County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hoboken city, Hudson County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hoboken city, Hudson County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hoboken city, Hudson County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hoboken city, Hudson 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 Hoboken city, Hudson County, New Jersey (county subdivision:32250, in state:34 county:017).
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 .
Related
- Housing in Hoboken at a glance
- Median rent in Hoboken
- Rent by bedrooms in Hoboken
- Rent burden in Hoboken
- Income and affordability in Hoboken
- Home values in Hoboken
- Homeowner costs in Hoboken
- Property taxes in Hoboken
- Types of homes in Hoboken
- Bedrooms in Hoboken
- Age of homes in Hoboken
- Vacancy rate in Hoboken
- Heating fuel in Hoboken
- Commute and cars in Hoboken
- Crime reported to police in Hoboken
- Population growth in Hoboken
- How long people stay in Hoboken
- Crowding and facilities in Hoboken
- Fair Market Rent in Hoboken
- Local landlord and tenant rules in Hoboken
- New Jersey landlord and tenant rules
- Housing across Hudson County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey