What percentage of people rent in Menlo Park Terrace, NJ?
13.3% (±4.9 points) of the occupied homes in Menlo Park Terrace, NJ are rented (2020–2024 American Community Survey).
That is 123 renting households against 805 that own their home.
Figures last updated on .
- Households that rent
- 13.3% (±4.9 points)
- Renting households
- 123 (±45)
Who rents and who owns in Menlo Park Terrace
| Menlo Park Terrace | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 13.3% (±4.9 points) | 36.4% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 123 (±45) | 111,894 (±2,016) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 805 (±94) | 195,888 (±2,110) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 1.4 (±0.3) | 2.5 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.6 (±0.4) | 2.9 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | — | $76,035 (±$2,019) | $62,674 (±$718) | $52,966 |
| Median owner household income | $126,875 (±$32,028) | $139,193 (±$2,081) | $133,477 (±$624) | $100,009 |
In Menlo Park Terrace, the renter share is lower than in Middlesex County (36.4%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Middlesex County, Menlo Park Terrace ranks 21 of 32 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 144 of 252.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Households that rent in places near Menlo Park Terrace
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Menlo Park Terrace | — | 13.3% (±4.9 points) | — |
| Iselin | 1.2 mi | 34.7% (±4.3 points) | Higher |
| Fords | 1.3 mi | 28.3% (±5.0 points) | Higher |
| Woodbridge | 2.0 mi | 47.4% (±4.9 points) | Higher |
| Metuchen Borough | 2.2 mi | 25.4% (±3.2 points) | Higher |
| Hopelawn | 2.3 mi | 37.5% (±15.4 points) | Higher |
| Colonia | 2.6 mi | 11.1% (±3.5 points) | Not measurably different |
| Keasbey | 2.8 mi | 80.0% (±9.3 points) | Higher |
| Avenel | 3.5 mi | 47.7% (±6.5 points) | Higher |
Nearby places with a measurably higher figure: Iselin, NJ (34.7%), Fords, NJ (28.3%), Woodbridge, NJ (47.4%).
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 |
|---|---|---|
| 15 | Cranbury | 22.8% (±8.5 points) |
| 16 | Monroe Manor | 22.4% (±15.1 points) |
| 17 | Heathcote | 20.8% (±6.6 points) |
| 18 | Kendall Park | 15.1% (±5.8 points) |
| 19 | Concordia | 14.6% (±6.3 points) |
| 20 | Laurence Harbor | 14.1% (±6.4 points) |
| 21 | Menlo Park Terrace | 13.3% (±4.9 points) |
| 22 | Dayton | 12.0% (±4.6 points) |
| 23 | Rossmoor | 11.4% (±5.9 points) |
| 24 | Colonia | 11.1% (±3.5 points) |
| 25 | Brownville | 10.4% (±6.0 points) |
| 26 | Clearbrook | 8.8% (±6.0 points) |
| 27 | Deans | 6.7% (±7.9 points) |
Showing 13 of 32 places in Middlesex County, ranked from highest to lowest.
Menlo Park Terrace is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Woodbridge 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 Menlo Park Terrace
How many renters are there in Menlo Park Terrace?
Menlo Park Terrace has an estimated 123 (±45) renting households, 13.3% of its occupied homes (2020–2024 American Community Survey).
How big are renting households in Menlo Park Terrace?
A renting household in Menlo Park Terrace has 1.4 people on average, against 3.6 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Menlo Park Terrace 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 Menlo Park Terrace CDP, New Jersey (place:45450, 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
- Housing in Menlo Park Terrace at a glance
- Median rent in Menlo Park Terrace
- Income and affordability in Menlo Park Terrace
- Home values in Menlo Park Terrace
- Homeowner costs in Menlo Park Terrace
- Property taxes in Menlo Park Terrace
- Types of homes in Menlo Park Terrace
- Age of homes in Menlo Park Terrace
- Heating fuel in Menlo Park Terrace
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- How long people stay in Menlo Park Terrace
- 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