What percentage of people rent in Lake Como Borough, NJ?

36.7% (±9.8 points) of the occupied homes in Lake Como Borough, NJ are rented (2020–2024 American Community Survey).

That is 307 renting households against 529 that own their home.

In Lake Como Borough, the share of households that rent went from 39.7% in 2015–2019 to 36.7% in 2020–2024 (−3.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
36.7% (±9.8 points)
Renting households
307 (±97)
Median renter income
$67,566 (±$25,866)

Who rents and who owns in Lake Como Borough

Tenure, estimate (90% margin of error)
Lake Como BoroughMonmouth CountyNew JerseyUnited States
Renter-occupied share36.7% (±9.8 points)24.4% (±0.6 points)36.2% (±0.2 points)34.8%
Renting households307 (±97)61,539 (±1,684)1,268,573 (±8,082)45,017,354
Owning households529 (±106)190,173 (±1,568)2,239,128 (±10,678)84,210,142
Average renter household size1.8 (±0.3)2.1 (±0.0)2.4 (±0.0)2.3
Average owner household size2.0 (±0.2)2.7 (±0.0)2.8 (±0.0)2.6
Median renter household income$67,566 (±$25,866)$62,592 (±$3,372)$62,674 (±$718)$52,966
Median owner household income$103,068 (±$33,146)$151,807 (±$2,620)$133,477 (±$624)$100,009

In Lake Como Borough, the renter share is higher than in Monmouth County (24.4%).

It is not measurably different from New Jersey (36.2%).

It is not measurably different from the national figure (34.8%).

In Monmouth County, Lake Como Borough ranks 16 of 53 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 152 of 564.

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

How renting in Lake Como Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent39.7% (±5.3 points)36.7% (±9.8 points)−3.0 percentage pointsNot a measurable change
Median gross rent$1,527 (±$166)$1,810 (±$72)+18.5%No measurable change after inflation
Median household income$95,563 (±$8,285)$82,045 (±$20,913)−14.1%Down 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 Lake Como Borough

Nearest places with a published estimate, compared with Lake Como Borough
PlaceDistanceHouseholds that rentCompared with this place
Lake Como Borough—36.7% (±9.8 points)—
Belmar Borough0.7 mi43.2% (±7.0 points)Not measurably different
West Belmar0.7 mi18.0% (±8.8 points)Lower
Spring Lake Borough1.1 mi8.2% (±4.6 points)Lower
Avon-by-the-Sea Borough1.6 mi31.5% (±7.1 points)Not measurably different
Spring Lake Heights Borough1.8 mi38.4% (±7.3 points)Not measurably different
Shark River Hills1.9 mi0.0% (±3.5 points)Lower
Neptune City Borough2.2 mi27.9% (±8.8 points)Not measurably different
Bradley Beach Borough2.3 mi51.5% (±9.7 points)Higher

Nearby places with a measurably lower figure: West Belmar, NJ (18.0%), Spring Lake Borough, NJ (8.2%), Shark River Hills, NJ (0.0%).

Nearby places with a measurably higher figure: Bradley Beach Borough, NJ (51.5%).

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

Households that rent across Monmouth County, place by place

RankPlaceHouseholds that rent
10Farmingdale Borough44.5% (±7.1 points)
11Belmar Borough43.2% (±7.0 points)
12Eatontown Borough41.9% (±5.2 points)
13Highlands Borough39.0% (±7.1 points)
14Spring Lake Heights Borough38.4% (±7.3 points)
15Ocean Township (Monmouth County)37.3% (±2.7 points)
16Lake Como Borough36.7% (±9.8 points)
17Deal Borough33.0% (±11.3 points)
18Englishtown Borough32.1% (±8.1 points)
19Avon-by-the-Sea Borough31.5% (±7.1 points)
20Shrewsbury Township30.9% (±8.8 points)
21Sea Bright Borough30.1% (±8.5 points)
22West Long Branch Borough30.0% (±8.1 points)

Showing 13 of 53 places in Monmouth 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.

What you can do on Seayora in Lake Como Borough

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Questions about Lake Como Borough

How many renters are there in Lake Como Borough?

Lake Como Borough has an estimated 307 (±97) renting households, 36.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Como Borough?

In Lake Como Borough, the share of households that rent went from 39.7% in 2015–2019 to 36.7% in 2020–2024 (−3.0 percentage points), not a measurable change.

How big are renting households in Lake Como Borough?

A renting household in Lake Como Borough has 1.8 people on average, against 2.0 in an owned home.

How much do renters earn in Lake Como Borough?

The median renting household in Lake Como Borough, NJ has an income of $67,566 (±$25,866) a year, against $103,068 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 Lake Como borough, Monmouth County, New Jersey (county subdivision:37560, in state:34 county:025).

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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