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

Tenure, estimate (90% margin of error)
HobokenHudson CountyNew JerseyUnited States
Renter-occupied share66.2% (±2.2 points)69.3% (±0.6 points)36.2% (±0.2 points)34.8%
Renting households18,607 (±802)207,608 (±2,159)1,268,573 (±8,082)45,017,354
Owning households9,481 (±630)92,074 (±1,957)2,239,128 (±10,678)84,210,142
Average renter household size1.9 (±0.1)2.3 (±0.0)2.4 (±0.0)2.3
Average owner household size2.2 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent67.2% (±1.7 points)66.2% (±2.2 points)−1.0 percentage pointsNot 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

Nearest places with a published estimate, compared with Hoboken
PlaceDistanceHouseholds that rentCompared with this place
Hoboken—66.2% (±2.2 points)—
Union City1.5 mi80.9% (±2.0 points)Higher
Weehawken Township1.7 mi69.6% (±3.9 points)Not measurably different
West New York Town3.0 mi77.0% (±2.2 points)Higher
Jersey City3.0 mi72.1% (±1.1 points)Higher
Secaucus Town3.3 mi49.4% (±4.3 points)Lower
North Bergen Township3.3 mi58.4% (±2.7 points)Lower
Guttenberg Town3.5 mi60.0% (±5.9 points)Not measurably different
Kearny Town5.0 mi57.1% (±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

RankPlaceHouseholds that rent
1Union City80.9% (±2.0 points)
2Harrison Town78.9% (±4.0 points)
3West New York Town77.0% (±2.2 points)
4Jersey City72.1% (±1.1 points)
5East Newark Borough71.0% (±7.3 points)
6Weehawken Township69.6% (±3.9 points)
7Hoboken66.2% (±2.2 points)
8Bayonne63.8% (±2.3 points)
9Guttenberg Town60.0% (±5.9 points)
10North Bergen Township58.4% (±2.7 points)
11Kearny Town57.1% (±2.7 points)
12Secaucus Town49.4% (±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

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.

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.

Figures last updated on .

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