What percentage of people rent in Leonardo, NJ?

16.1% (±7.9 points) of the occupied homes in Leonardo, NJ are rented (2020–2024 American Community Survey).

That is 156 renting households against 814 that own their home.

In Leonardo, the share of households that rent went from 11.6% in 2015–2019 to 16.1% in 2020–2024 (+4.5 percentage points), not a measurable change.

Figures last updated on .

Households that rent
16.1% (±7.9 points)
Renting households
156 (±77)

Who rents and who owns in Leonardo

Tenure, estimate (90% margin of error)
LeonardoMonmouth CountyNew JerseyUnited States
Renter-occupied share16.1% (±7.9 points)24.4% (±0.6 points)36.2% (±0.2 points)34.8%
Renting households156 (±77)61,539 (±1,684)1,268,573 (±8,082)45,017,354
Owning households814 (±126)190,173 (±1,568)2,239,128 (±10,678)84,210,142
Average renter household size2.3 (±0.6)2.1 (±0.0)2.4 (±0.0)2.3
Average owner household size2.6 (±0.3)2.7 (±0.0)2.8 (±0.0)2.6
Median renter household income—$62,592 (±$3,372)$62,674 (±$718)$52,966
Median owner household income$165,000 (±$56,076)$151,807 (±$2,620)$133,477 (±$624)$100,009

In Leonardo, the renter share is lower than in Monmouth County (24.4%).

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

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

In Monmouth County, Leonardo ranks 5 of 20 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 123 of 252.

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

How renting in Leonardo has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent11.6% (±4.9 points)16.1% (±7.9 points)+4.5 percentage pointsNot a measurable change
Median gross rent$1,000 (±$509)$1,694 (±$871)+69.4%No measurable change after inflation
Median household income$106,453 (±$7,651)$138,125 (±$53,151)+29.8%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 Leonardo

Nearest places with a published estimate, compared with Leonardo
PlaceDistanceHouseholds that rentCompared with this place
Leonardo—16.1% (±7.9 points)—
Belford1.1 mi7.3% (±5.5 points)Not measurably different
Navesink1.6 mi0.0% (±6.0 points)Lower
Atlantic Highlands Borough2.2 mi29.3% (±7.1 points)Higher
Port Monmouth2.4 mi22.6% (±12.6 points)Not measurably different
North Middletown3.3 mi25.2% (±7.2 points)Not measurably different
Fairview3.9 mi7.5% (±5.0 points)Not measurably different
Highlands Borough3.9 mi39.0% (±7.1 points)Higher
Fair Haven Borough4.1 mi10.2% (±5.6 points)Not measurably different

Nearby places with a measurably lower figure: Navesink, NJ (0.0%).

Nearby places with a measurably higher figure: Atlantic Highlands Borough, NJ (29.3%), Highlands Borough, NJ (39.0%).

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
1Ocean Grove36.3% (±7.5 points)
2North Middletown25.2% (±7.2 points)
3Port Monmouth22.6% (±12.6 points)
4West Belmar18.0% (±8.8 points)
5Leonardo16.1% (±7.9 points)
6Wanamassa15.8% (±8.1 points)
7Oakhurst14.6% (±8.4 points)
8 (tie)Strathmore12.6% (±4.0 points)
8 (tie)West Freehold12.6% (±3.7 points)
10Morganville11.9% (±5.5 points)
11Lincroft11.5% (±4.0 points)

Showing 11 of 20 places in Monmouth County, ranked from highest to lowest.

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.

What you can do on Seayora in Leonardo

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Questions about Leonardo

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).

Is renting growing in Leonardo?

In Leonardo, the share of households that rent went from 11.6% in 2015–2019 to 16.1% in 2020–2024 (+4.5 percentage points), not a measurable change.

How big are renting households in Leonardo?

A renting household in Leonardo has 2.3 people on average, against 2.6 in an owned 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 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 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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