What percentage of people rent in Madison Park, NJ?
67.3% (±4.3 points) of the occupied homes in Madison Park, NJ are rented (2020–2024 American Community Survey).
That is 1,878 renting households against 913 that own their home.
In Madison Park, the share of households that rent went from 72.8% in 2015–2019 to 67.3% in 2020–2024 (−5.5 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 67.3% (±4.3 points)
- Renting households
- 1,878 (±217)
- Median renter income
- $66,219 (±$16,215)
Who rents and who owns in Madison Park
| Madison Park | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 67.3% (±4.3 points) | 36.4% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 1,878 (±217) | 111,894 (±2,016) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 913 (±133) | 195,888 (±2,110) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 3.3 (±0.4) | 2.5 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.1 (±0.4) | 2.9 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $66,219 (±$16,215) | $76,035 (±$2,019) | $62,674 (±$718) | $52,966 |
| Median owner household income | $139,482 (±$13,182) | $139,193 (±$2,081) | $133,477 (±$624) | $100,009 |
In Madison Park, the renter share is higher than in Middlesex County (36.4%).
It is also higher than in New Jersey (36.2%).
It is higher than the national figure (34.8%).
In Middlesex County, Madison Park ranks 3 of 32 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 7 of 252.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Madison Park has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 72.8% (±1.9 points) | 67.3% (±4.3 points) | −5.5 percentage points | Measurable decrease |
| Median gross rent | $1,285 (±$56) | $1,528 (±$125) | +18.9% | No measurable change after inflation |
| Median household income | $65,971 (±$4,610) | $79,509 (±$11,786) | +20.5% | 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 Madison Park
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Madison Park | — | 67.3% (±4.3 points) | — |
| Sayreville Borough | 1.9 mi | 37.0% (±2.9 points) | Lower |
| Laurence Harbor | 1.9 mi | 14.1% (±6.4 points) | Lower |
| South Amboy | 2.9 mi | 43.5% (±8.2 points) | Lower |
| Brownville | 3.2 mi | 10.4% (±6.0 points) | Lower |
| Aberdeen Township | 3.9 mi | 27.5% (±4.0 points) | Lower |
| Old Bridge | 3.9 mi | 26.1% (±3.5 points) | Lower |
| Matawan Borough | 4.0 mi | 48.1% (±5.5 points) | Lower |
| Cliffwood Beach | 4.1 mi | 6.8% (±4.8 points) | Lower |
Nearby places with a measurably lower figure: Sayreville Borough, NJ (37.0%), Laurence Harbor, NJ (14.1%), South Amboy, NJ (43.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Middlesex County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Rutgers University-Busch Campus | 100.0% (±61.7 points) |
| 2 | Keasbey | 80.0% (±9.3 points) |
| 3 | Madison Park | 67.3% (±4.3 points) |
| 4 | Plainsboro Center | 65.6% (±10.3 points) |
| 5 | Princeton Meadows | 62.4% (±5.1 points) |
| 6 | Avenel | 47.7% (±6.5 points) |
| 7 | Woodbridge | 47.4% (±4.9 points) |
| 8 | Hopelawn | 37.5% (±15.4 points) |
| 9 | Monmouth Junction | 35.9% (±4.6 points) |
Showing 9 of 32 places in Middlesex County, ranked from highest to lowest.
Madison Park is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Old Bridge 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 Madison Park
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Questions about Madison Park
How many renters are there in Madison Park?
Madison Park has an estimated 1,878 (±217) renting households, 67.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Madison Park?
In Madison Park, the share of households that rent went from 72.8% in 2015–2019 to 67.3% in 2020–2024 (−5.5 percentage points), a measurable decrease.
How big are renting households in Madison Park?
A renting household in Madison Park has 3.3 people on average, against 3.1 in an owned home.
How much do renters earn in Madison Park?
The median renting household in Madison Park, NJ has an income of $66,219 (±$16,215) a year, against $139,482 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Madison Park CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Madison Park CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Madison Park CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Madison Park CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Madison Park 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 Madison Park CDP, New Jersey (place:42540, 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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- Median rent in Madison Park
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- Income and affordability in Madison Park
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- Vacancy rate in Madison Park
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- Population growth in Madison Park
- How long people stay in Madison Park
- Crowding and facilities in Madison Park
- New Jersey landlord and tenant rules
- Housing across Middlesex County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey