How many renters in Lakewood, NJ pay more than 30% of their income on rent?
74.9% (±5.9 points) of renting households in Lakewood, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
67.1% spend 35% or more.
The median renting household spends 49.1% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 74.9% (±5.9 points)
- Paying 35% or more
- 67.1% (±5.3 points)
- Median share of income
- 49.1% (±6.3 points)
Rent as a share of income in Lakewood
| Share of income spent on rent | Lakewood | Ocean County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 4.2% (±1.6 points) | 9.8% | 12.2% | 12.6% |
| 15% to 19.9% | 7.4% (±2.8 points) | 10.1% | 12.3% | 12.2% |
| 20% to 24.9% | 5.4% (±2.3 points) | 10.6% | 12.6% | 12.6% |
| 25% to 29.9% | 8.1% (±2.0 points) | 11.2% | 11.4% | 11.5% |
| 30% to 34.9% | 7.8% (±2.5 points) | 8.1% | 8.9% | 9.2% |
| 35% or more | 67.1% (±5.3 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 against Ocean County, its state and the nation
| Lakewood | Ocean County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 74.9% (±5.9 points) | 58.4% (±2.4 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 67.1% (±5.3 points) | 50.3% (±2.1 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 49.1% (±6.3 points) | 35.2% (±1.4 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $41,432 (±$2,447) | $58,423 (±$2,802) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,718 (±$96) | $1,755 (±$30) | $1,720 (±$7) | $1,413 |
In Lakewood, 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 ranks 8 of 27 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 33 of 237.
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
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Lakewood | — | 74.9% (±5.9 points) | — |
| Ramtown | 3.5 mi | 0.0% (±141.4 points) | Not measurably different |
| Leisure Village | 3.7 mi | 80.2% (±15.5 points) | Not measurably different |
| Leisure Village East | 4.3 mi | 86.8% (±66.9 points) | Not measurably different |
| Cedar Glen West | 5.5 mi | 0.0% (±69.2 points) | Lower |
| Howell Township | 5.8 mi | 67.4% (±12.6 points) | Not measurably different |
| Brick Township | 5.8 mi | 52.5% (±7.6 points) | Lower |
| Leisure Knoll | 6.7 mi | 33.8% (±55.5 points) | Not measurably different |
| Leisure Village West | 6.8 mi | 34.0% (±34.1 points) | Lower |
Nearby places with a measurably lower figure: Cedar Glen West, NJ (0.0%), Brick Township, NJ (52.5%), Leisure Village West, NJ (34.0%).
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 (tie) | Vista Center | 100.0% (±98.7 points) |
| 3 | Dover Beaches North | 93.4% (±35.4 points) |
| 4 | Leisure Village East | 86.8% (±66.9 points) |
| 5 (tie) | Holiday City-Berkeley | 80.2% (±18.5 points) |
| 5 (tie) | Leisure Village | 80.2% (±15.5 points) |
| 7 | North Beach Haven | 76.2% (±46.6 points) |
| 8 | Lakewood | 74.9% (±5.9 points) |
| 9 | Silver Ridge | 71.9% (±65.7 points) |
| 10 | Manahawkin | 67.9% (±39.6 points) |
| 11 | Ocean Acres | 67.7% (±23.2 points) |
| 12 | New Egypt | 65.8% (±30.4 points) |
| 13 | Mystic Island | 63.0% (±18.7 points) |
| 14 | Pine Ridge at Crestwood | 62.5% (±49.7 points) |
Showing 13 of 27 places in Ocean County, ranked from highest to lowest.
Lakewood is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Lakewood Township, whose figures include it.
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
Are renters in Lakewood rent-burdened?
74.9% of renting households in Lakewood 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 spend on rent?
The median renting household in Lakewood, NJ spends 49.1% (±6.3 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakewood CDP, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Lakewood CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lakewood CDP, 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 CDP, New Jersey (place:38580, in state:34).
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 .
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