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
| Leonardo | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 16.1% (±7.9 points) | 24.4% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 156 (±77) | 61,539 (±1,684) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 814 (±126) | 190,173 (±1,568) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.3 (±0.6) | 2.1 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 11.6% (±4.9 points) | 16.1% (±7.9 points) | +4.5 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Leonardo | — | 16.1% (±7.9 points) | — |
| Belford | 1.1 mi | 7.3% (±5.5 points) | Not measurably different |
| Navesink | 1.6 mi | 0.0% (±6.0 points) | Lower |
| Atlantic Highlands Borough | 2.2 mi | 29.3% (±7.1 points) | Higher |
| Port Monmouth | 2.4 mi | 22.6% (±12.6 points) | Not measurably different |
| North Middletown | 3.3 mi | 25.2% (±7.2 points) | Not measurably different |
| Fairview | 3.9 mi | 7.5% (±5.0 points) | Not measurably different |
| Highlands Borough | 3.9 mi | 39.0% (±7.1 points) | Higher |
| Fair Haven Borough | 4.1 mi | 10.2% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Ocean Grove | 36.3% (±7.5 points) |
| 2 | North Middletown | 25.2% (±7.2 points) |
| 3 | Port Monmouth | 22.6% (±12.6 points) |
| 4 | West Belmar | 18.0% (±8.8 points) |
| 5 | Leonardo | 16.1% (±7.9 points) |
| 6 | Wanamassa | 15.8% (±8.1 points) |
| 7 | Oakhurst | 14.6% (±8.4 points) |
| 8 (tie) | Strathmore | 12.6% (±4.0 points) |
| 8 (tie) | West Freehold | 12.6% (±3.7 points) |
| 10 | Morganville | 11.9% (±5.5 points) |
| 11 | Lincroft | 11.5% (±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.
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Leonardo CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Leonardo CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Leonardo CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Leonardo CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Leonardo CDP, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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
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- Population growth in Leonardo
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey