Housing data for Leonardo, NJ
Leonardo, NJ has an estimated 2,493 residents and 979 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Monmouth County.
16.1% of households rent.
The median gross rent is $1,694 a month.
Figures last updated on .
- Residents
- 2,493 (±316)
- Housing units
- 979 (±114)
- Households that rent
- 16.1%
- Median gross rent
- $1,694
- Residents since 2015–2019
- −2.9%
What stands out in Leonardo
Homes in buildings of 5 or more units: 5.2% (±6.8 points) in Leonardo, lower than in Monmouth County (16.9%).
Households without a vehicle: 0.7% (±1.3 points) in Leonardo, lower than in Monmouth County (6.4%).
Households that moved in since 2020: 9.0% (±5.6 points) in Leonardo, lower than in Monmouth County (18.6%).
Households that rent: 16.1% (±7.9 points) in Leonardo, lower than in Monmouth County (24.4%).
Housing in Leonardo at a glance
- Median rent: $1,694 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $1,413 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 74.2% of renters pay 30% or more of income
- Renters and owners: 16.1% of households rent
- Income and affordability: $138,125 median household income
- Home values: $450,700 median home value
- Homeowner costs: $2,454 median monthly cost with a mortgage
- Property taxes: $7,711 median real estate taxes a year
- Types of homes: 5.2% of homes are in buildings of 5 or more units
- Bedrooms: 72.9% of homes have 3 or more bedrooms
- Age of homes: 70.5% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 89.8% heat with utility gas
- Commute and cars: 35.6 minutes average trip to work
- Growth: −2.9% residents since 2015–2019
- How long people stay: 9.0% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Leonardo against Monmouth County, its state and the nation
| Leonardo | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Residents | 2,493 (±316) | 645,353 (exact) | 9,343,809 (exact) | 334,922,499 |
| Housing units | 979 (±114) | 270,415 (±215) | 3,791,354 (±469) | 143,775,355 |
| Households that rent | 16.1% (±7.9 points) | 24.4% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Median gross rent | $1,694 (±$871) | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
| Median household income | $138,125 (±$53,151) | $124,845 (±$2,115) | $103,556 (±$513) | $80,734 |
| Median home value | $450,700 (±$40,083) | $606,100 (±$5,540) | $454,400 (±$1,150) | $332,700 |
| Median real estate taxes (a year) | $7,711 (±$765) | $10,000 or more | $9,590 (±$25) | $3,119 |
| Built before 1980 | 70.5% (±17.4 points) | 57.1% (±1.1 points) | 62.8% (±0.3 points) | 49.7% |
| Average commute | 35.6 minutes (±4.9) | 32.1 minutes (±0.4) | 30.5 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 92.0% (±5.8 points) | 93.7% (±0.4 points) | 92.8% (±0.1 points) | 91.0% |
| Median age of residents | 36.9 years (±4.2) | 43.2 years (±0.2) | 40.1 years (±0.1) | 38.9 years |
Leonardo covers 0.6 square miles of land, about 4,197 residents per square mile (Census Bureau Gazetteer).
How Leonardo has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,568 (±293) | 2,493 (±316) | −2.9% | Not a measurable change |
| Housing units | 1,053 (±65) | 979 (±114) | −7.0% | Not a measurable change |
| Median gross rent | $1,000 (±$509) | $1,694 (±$871) | +69.4% | No measurable change after inflation |
| Median home value | $315,200 (±$19,028) | $450,700 (±$40,083) | +43.0% | Up after inflation |
| Median household income | $106,453 (±$7,651) | $138,125 (±$53,151) | +29.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,351 (±$209) | $2,454 (±$328) | +4.4% | Down after inflation |
| Median real estate taxes | $6,456 (±$515) | $7,711 (±$765) | +19.4% | No measurable change after inflation |
| Households that rent | 11.6% (±4.9 points) | 16.1% (±7.9 points) | +4.5 percentage points | Not a measurable change |
| Rental vacancy rate | 39.2% (±29.4 points) | 0.0% (±24.7 points) | −39.2 percentage points | Measurable decrease |
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.
Crime reported to police in Monmouth County
Leonardo has no police department of its own in the FBI’s figures, so this is the figure for Monmouth County as a whole.
In 2024, the police departments that report for Monmouth County recorded 109 violent and 1,159 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Leonardo
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 07737 | 23% | 3,945 | $1,694 | $480,400 | $139,318 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Leonardo
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Belford | 1.1 mi | $1,458 | $514,000 | 7.3% |
| Navesink | 1.6 mi | — | $755,900 | 0.0% |
| Atlantic Highlands Borough | 2.2 mi | $1,979 | $628,100 | 29.3% |
| Port Monmouth | 2.4 mi | $1,156 | $451,300 | 22.6% |
| North Middletown | 3.3 mi | $2,186 | $357,100 | 25.2% |
| Fairview | 3.9 mi | $3,250 | $622,600 | 7.5% |
| Highlands Borough | 3.9 mi | $1,658 | $455,000 | 39.0% |
| Fair Haven Borough | 4.1 mi | $3,492 | $992,200 | 10.2% |
Places in New Jersey most like Leonardo
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| East Amwell Township | $1,879 | $503,900 | $152,361 | 16.7% |
| Lake Mohawk | $1,989 | $441,700 | $149,135 | 15.5% |
| Strathmore | $1,592 | $539,500 | $151,855 | 12.6% |
| Stanhope Borough | $1,964 | $376,700 | $139,205 | 13.9% |
| Andover Township | $1,636 | $413,000 | $142,225 | 8.5% |
| Blairstown Township | $1,694 | $406,300 | $124,231 | 4.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Jersey.
HUD Fair Market Rent for Leonardo, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,671 | $1,847 | $2,283 | $2,927 | $3,241 |
HUD income limits for Leonardo, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $29,550 | $49,250 | $76,000 |
| 2 people | $33,800 | $56,250 | $86,850 |
| 3 people | $38,000 | $63,300 | $97,700 |
| 4 people | $42,200 | $70,300 | $108,550 |
| 5 people | $45,600 | $75,950 | $117,250 |
| 6 people | $49,000 | $81,550 | $125,950 |
| 7 people | $52,350 | $87,200 | $134,650 |
| 8 people | $55,750 | $92,800 | $143,300 |
These are the limits HUD sets for its housing programs in the Monmouth-Ocean, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $140,600.
A program can use its own limits; tax-credit and local programs often do.
Leonardo is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Middletown Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Leonardo
Are renters in Leonardo rent-burdened?
74.2% of renting households in Leonardo pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Leonardo?
Leonardo has an estimated 156 (±77) renting households, 16.1% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Leonardo?
The median household income in Leonardo is $138,125 (±$53,151) a year (2020–2024 American Community Survey).
What is the average home value in Leonardo, NJ?
The Census Bureau publishes the median: $450,700 (±$40,083) for owner-occupied homes in Leonardo (2020–2024 American Community Survey).
What is the average mortgage payment in Leonardo?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Leonardo, NJ is $2,454 (±$328) a month, including taxes, insurance and utilities.
How much are property taxes in Leonardo?
The median real estate tax paid by homeowners in Leonardo, NJ is $7,711 (±$765) a year (2020–2024 American Community Survey).
Is Leonardo growing?
In Leonardo, the number of residents went from 2,568 in 2015–2019 to 2,493 in 2020–2024 (−2.9%), not a measurable change.
What ZIP codes are in Leonardo?
The ZIP code that covers Leonardo is 07737.
What is the median rent in ZIP code 07737?
The median gross rent in ZIP Code Tabulation Area 07737 is $1,694 (±$871) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Leonardo CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Leonardo CDP, New Jersey
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Leonardo CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Leonardo CDP, New Jersey
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Leonardo CDP, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Leonardo CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Leonardo CDP, New Jersey
- HUD Fair Market Rents, fiscal year 2027: Monmouth-Ocean, NJ HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Monmouth-Ocean, NJ HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Leonardo CDP, New Jersey (place:39990, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .