How many renters in Lakewood Township, NJ pay more than 30% of their income on rent?
66.7% (±5.5 points) of renting households in Lakewood Township, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
58.6% spend 35% or more.
The median renting household spends 41.0% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 66.7% (±5.5 points)
- Paying 35% or more
- 58.6% (±5.0 points)
- Median share of income
- 41.0% (±4.3 points)
Rent as a share of income in Lakewood Township
| Share of income spent on rent | Lakewood Township | Ocean County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 5.3% (±2.1 points) | 9.8% | 12.2% | 12.6% |
| 15% to 19.9% | 9.2% (±2.6 points) | 10.1% | 12.3% | 12.2% |
| 20% to 24.9% | 7.6% (±2.2 points) | 10.6% | 12.6% | 12.6% |
| 25% to 29.9% | 11.3% (±3.3 points) | 11.2% | 11.4% | 11.5% |
| 30% to 34.9% | 8.1% (±2.3 points) | 8.1% | 8.9% | 9.2% |
| 35% or more | 58.6% (±5.0 points) | 50.3% | 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.
Lakewood Township against Ocean County, its state and the nation
| Lakewood Township | Ocean County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 66.7% (±5.5 points) | 58.4% (±2.4 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 58.6% (±5.0 points) | 50.3% (±2.1 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 41.0% (±4.3 points) | 35.2% (±1.4 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $50,616 (±$4,517) | $58,423 (±$2,802) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,774 (±$64) | $1,755 (±$30) | $1,720 (±$7) | $1,413 |
In Lakewood Township, the share of renters paying 30% or more of income is higher than in Ocean County (58.4%).
It is also higher than in New Jersey (51.6%).
It is higher than the national figure (51.1%).
In Ocean County, Lakewood Township ranks 6 of 32 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 66 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 Lakewood Township
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Lakewood Township | — | 66.7% (±5.5 points) | — |
| Ramtown | 3.6 mi | 0.0% (±141.4 points) | Not measurably different |
| Brick Township | 4.8 mi | 52.5% (±7.6 points) | Lower |
| Cedar Glen West | 5.3 mi | 0.0% (±69.2 points) | Not measurably different |
| Toms River | 5.7 mi | 46.9% (±6.2 points) | Lower |
| Toms River Township | 6.0 mi | 47.7% (±6.0 points) | Lower |
| Pine Lake Park | 6.1 mi | 58.5% (±22.9 points) | Not measurably different |
| Leisure Knoll | 6.3 mi | 33.8% (±55.5 points) | Not measurably different |
| Leisure Village West | 6.3 mi | 34.0% (±34.1 points) | Not measurably different |
Nearby places with a measurably lower figure: Brick Township, NJ (52.5%), Toms River, NJ (46.9%), Toms River Township, NJ (47.7%).
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 Ocean County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Tuckerton Borough | 84.0% (±13.2 points) |
| 2 | Lavallette Borough | 78.1% (±39.9 points) |
| 3 | Long Beach Township | 76.2% (±46.6 points) |
| 4 | Beachwood Borough | 75.8% (±22.8 points) |
| 5 | Seaside Heights Borough | 69.7% (±18.2 points) |
| 6 | Lakewood Township | 66.7% (±5.5 points) |
| 7 | Bay Head Borough | 65.5% (±53.1 points) |
| 8 | Eagleswood Township | 63.6% (±25.9 points) |
| 9 | Jackson Township | 62.9% (±11.4 points) |
| 10 | Lakehurst Borough | 61.8% (±25.4 points) |
| 11 | Lacey Township | 61.4% (±21.1 points) |
| 12 | South Toms River Borough | 60.4% (±29.3 points) |
Showing 12 of 32 places in Ocean County, ranked from highest to lowest.
The figures for Lakewood Township include the places inside it that have pages of their own: Lakewood, Leisure Village, Leisure Village East.
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 Lakewood Township
Are renters in Lakewood Township rent-burdened?
66.7% of renting households in Lakewood Township 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 Lakewood Township spend on rent?
The median renting household in Lakewood Township, NJ spends 41.0% (±4.3 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakewood township, Ocean County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Lakewood township, Ocean County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lakewood township, Ocean 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 Lakewood township, Ocean County, New Jersey (county subdivision:38550, in state:34 county:029).
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 Lakewood Township at a glance
- Median rent in Lakewood Township
- Rent by bedrooms in Lakewood Township
- Renters and owners in Lakewood Township
- Income and affordability in Lakewood Township
- Home values in Lakewood Township
- Homeowner costs in Lakewood Township
- Property taxes in Lakewood Township
- Types of homes in Lakewood Township
- Bedrooms in Lakewood Township
- Age of homes in Lakewood Township
- Vacancy rate in Lakewood Township
- Heating fuel in Lakewood Township
- Commute and cars in Lakewood Township
- Crime reported to police in Lakewood Township
- Population growth in Lakewood Township
- How long people stay in Lakewood Township
- Crowding and facilities in Lakewood Township
- Fair Market Rent in Lakewood Township
- Local landlord and tenant rules in Lakewood Township
- New Jersey landlord and tenant rules
- Housing across Ocean County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey