What percentage of people rent in Lakewood Township, NJ?

48.5% (±2.1 points) of the occupied homes in Lakewood Township, NJ are rented (2020–2024 American Community Survey).

That is 15,248 renting households against 16,159 that own their home.

In Lakewood Township, the share of households that rent went from 49.7% in 2015–2019 to 48.5% in 2020–2024 (−1.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
48.5% (±2.1 points)
Renting households
15,248 (±835)
Median renter income
$50,616 (±$4,517)

Who rents and who owns in Lakewood Township

Tenure, estimate (90% margin of error)
Lakewood TownshipOcean CountyNew JerseyUnited States
Renter-occupied share48.5% (±2.1 points)19.3% (±0.7 points)36.2% (±0.2 points)34.8%
Renting households15,248 (±835)46,969 (±1,727)1,268,573 (±8,082)45,017,354
Owning households16,159 (±808)196,874 (±2,083)2,239,128 (±10,678)84,210,142
Average renter household size4.2 (±0.2)2.9 (±0.1)2.4 (±0.0)2.3
Average owner household size4.5 (±0.2)2.6 (±0.0)2.8 (±0.0)2.6
Median renter household income$50,616 (±$4,517)$58,423 (±$2,802)$62,674 (±$718)$52,966
Median owner household income$92,162 (±$8,918)$100,587 (±$1,633)$133,477 (±$624)$100,009

In Lakewood Township, the renter share is higher than in Ocean County (19.3%).

It is also higher than in New Jersey (36.2%).

It is higher than the national figure (34.8%).

In Ocean County, Lakewood Township ranks 2 of 33 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 76 of 564.

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

How renting in Lakewood Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent49.7% (±1.8 points)48.5% (±2.1 points)−1.2 percentage pointsNot a measurable change
Median gross rent$1,427 (±$51)$1,774 (±$64)+24.3%No measurable change after inflation
Median household income$52,148 (±$2,377)$65,101 (±$3,571)+24.8%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 Lakewood Township

Nearest places with a published estimate, compared with Lakewood Township
PlaceDistanceHouseholds that rentCompared with this place
Lakewood Township—48.5% (±2.1 points)—
Ramtown3.6 mi2.4% (±2.6 points)Lower
Brick Township4.8 mi17.8% (±2.1 points)Lower
Cedar Glen West5.3 mi9.7% (±7.3 points)Lower
Toms River5.7 mi18.1% (±1.7 points)Lower
Toms River Township6.0 mi17.9% (±1.7 points)Lower
Pine Lake Park6.1 mi13.4% (±5.2 points)Lower
Leisure Knoll6.3 mi5.2% (±4.4 points)Lower
Leisure Village West6.3 mi12.3% (±8.2 points)Lower

Nearby places with a measurably lower figure: Ramtown, NJ (2.4%), Brick Township, NJ (17.8%), Cedar Glen West, NJ (9.7%).

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

Households that rent across Ocean County, place by place

RankPlaceHouseholds that rent
1Seaside Heights Borough60.1% (±11.8 points)
2Lakewood Township48.5% (±2.1 points)
3Lakehurst Borough37.1% (±8.8 points)
4Tuckerton Borough33.2% (±6.6 points)
5Point Pleasant Beach Borough24.2% (±6.7 points)
6Seaside Park Borough23.6% (±8.2 points)
7South Toms River Borough22.3% (±7.1 points)
8Lavallette Borough21.7% (±11.9 points)

Showing 8 of 33 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), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Lakewood Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Lakewood Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Lakewood Township beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Lakewood Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Lakewood Township

How many renters are there in Lakewood Township?

Lakewood Township has an estimated 15,248 (±835) renting households, 48.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lakewood Township?

In Lakewood Township, the share of households that rent went from 49.7% in 2015–2019 to 48.5% in 2020–2024 (−1.2 percentage points), not a measurable change.

How big are renting households in Lakewood Township?

A renting household in Lakewood Township has 4.2 people on average, against 4.5 in an owned home.

How much do renters earn in Lakewood Township?

The median renting household in Lakewood Township, NJ has an income of $50,616 (±$4,517) a year, against $92,162 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 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 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 .

Related