How many renters in Milford Borough, NJ pay more than 30% of their income on rent?
42.2% (±19.1 points) of renting households in Milford Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
37.3% spend 35% or more.
The median renting household spends 28.4% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 42.2% (±19.1 points)
- Paying 35% or more
- 37.3% (±18.2 points)
- Median share of income
- 28.4% (±5.5 points)
Rent as a share of income in Milford Borough
| Share of income spent on rent | Milford Borough | Hunterdon County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 7.0% (±7.1 points) | 15.4% | 12.2% | 12.6% |
| 15% to 19.9% | 21.8% (±19.5 points) | 11.4% | 12.3% | 12.2% |
| 20% to 24.9% | 4.2% (±6.4 points) | 11.7% | 12.6% | 12.6% |
| 25% to 29.9% | 24.6% (±16.5 points) | 14.1% | 11.4% | 11.5% |
| 30% to 34.9% | 4.9% (±5.9 points) | 5.6% | 8.9% | 9.2% |
| 35% or more | 37.3% (±18.2 points) | 41.7% | 42.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Milford Borough against Hunterdon County, its state and the nation
| Milford Borough | Hunterdon County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 42.2% (±19.1 points) | 47.3% (±4.9 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 37.3% (±18.2 points) | 41.7% (±4.6 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 28.4% (±5.5 points) | 29.1% (±1.7 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $53,684 (±$10,455) | $64,253 (±$6,793) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,523 (±$322) | $1,687 (±$51) | $1,720 (±$7) | $1,413 |
In Milford Borough, the share of renters paying 30% or more of income is not measurably different from Hunterdon County (47.3%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Hunterdon County, Milford Borough ranks 19 of 26 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 419 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Milford Borough
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Milford Borough | — | 42.2% (±19.1 points) | — |
| Bridgeton Township | 2.2 mi | 59.4% (±42.4 points) | Not measurably different |
| Holland Township | 2.5 mi | 74.1% (±59.0 points) | Not measurably different |
| Frenchtown Borough | 3.5 mi | 47.7% (±14.4 points) | Not measurably different |
| Alexandria Township | 3.6 mi | 11.7% (±29.9 points) | Not measurably different |
| Bloomsbury Borough | 5.8 mi | 74.6% (±22.8 points) | Higher |
| Nockamixon Township | 5.8 mi | 24.7% (±17.0 points) | Not measurably different |
| Riegelsville | 5.9 mi | 39.7% (±18.8 points) | Not measurably different |
| Tinicum Township (Bucks County) | 6.1 mi | 36.8% (±31.4 points) | Not measurably different |
Nearby places with a measurably higher figure: Bloomsbury Borough, NJ (74.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Hunterdon County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 13 | Flemington Borough | 54.6% (±11.9 points) |
| 14 | Hampton Borough | 51.8% (±17.4 points) |
| 15 | Clinton Town | 49.7% (±16.6 points) |
| 16 | Frenchtown Borough | 47.7% (±14.4 points) |
| 17 | Lebanon Borough | 45.9% (±13.8 points) |
| 18 | East Amwell Township | 43.4% (±25.4 points) |
| 19 | Milford Borough | 42.2% (±19.1 points) |
| 20 | Readington Township | 39.8% (±18.8 points) |
| 21 | West Amwell Township | 36.4% (±47.3 points) |
| 22 | Raritan Township | 31.8% (±15.0 points) |
| 23 | Clinton Township | 31.4% (±13.3 points) |
| 24 | Alexandria Township | 11.7% (±29.9 points) |
| 25 | Stockton Borough | 4.9% (±9.0 points) |
Showing 13 of 26 places in Hunterdon County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Milford Borough
Are renters in Milford Borough rent-burdened?
42.2% of renting households in Milford Borough pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Milford Borough spend on rent?
The median renting household in Milford Borough, NJ spends 28.4% (±5.5 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Milford borough, Hunterdon County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Milford borough, Hunterdon County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Milford borough, Hunterdon County, New Jersey
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 Milford borough, Hunterdon County, New Jersey (county subdivision:46260, in state:34 county:019).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 Milford Borough at a glance
- Median rent in Milford Borough
- Renters and owners in Milford Borough
- Income and affordability in Milford Borough
- Home values in Milford Borough
- Homeowner costs in Milford Borough
- Property taxes in Milford Borough
- Types of homes in Milford Borough
- Bedrooms in Milford Borough
- Age of homes in Milford Borough
- Heating fuel in Milford Borough
- Commute and cars in Milford Borough
- Population growth in Milford Borough
- How long people stay in Milford Borough
- New Jersey landlord and tenant rules
- Housing across Hunterdon County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey