What percentage of people rent in Milford Borough, NJ?

Name: Renters and owners in Milford Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

28.2% (±8.4 points) of the occupied homes in Milford Borough, NJ are rented (2020–2024 American Community Survey).

That is 142 renting households against 361 that own their home.

In Milford Borough, the share of households that rent went from 30.8% in 2015–2019 to 28.2% in 2020–2024 (−2.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 28.2% (±8.4 points)
Renting households: 142 (±54)
Median renter income: $53,684 (±$10,455)

Who rents and who owns in Milford Borough

Tenure, estimate (90% margin of error)
	Milford Borough	Hunterdon County	New Jersey	United States
Renter-occupied share	28.2% (±8.4 points)	14.9% (±1.0 points)	36.2% (±0.2 points)	34.8%
Renting households	142 (±54)	7,558 (±536)	1,268,573 (±8,082)	45,017,354
Owning households	361 (±74)	43,302 (±559)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.1 (±0.4)	2.0 (±0.1)	2.4 (±0.0)	2.3
Average owner household size	2.4 (±0.3)	2.6 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$53,684 (±$10,455)	$64,253 (±$6,793)	$62,674 (±$718)	$52,966
Median owner household income	$95,750 (±$12,404)	$160,120 (±$4,658)	$133,477 (±$624)	$100,009

In Milford Borough, the renter share is higher than in Hunterdon County (14.9%).

It is not measurably different from New Jersey (36.2%).

It is not measurably different from the national figure (34.8%).

In Hunterdon County, Milford Borough ranks 7 of 26 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 223 of 564.

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

How renting in Milford Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	30.8% (±7.8 points)	28.2% (±8.4 points)	−2.6 percentage points	Not a measurable change
Median gross rent	$1,301 (±$168)	$1,523 (±$322)	+17.1%	No measurable change after inflation
Median household income	$90,577 (±$14,914)	$71,806 (±$19,289)	−20.7%	Down 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 Milford Borough

Nearest places with a published estimate, compared with Milford Borough
Place	Distance	Households that rent	Compared with this place
Milford Borough	—	28.2% (±8.4 points)	—
Bridgeton Township	2.2 mi	13.0% (±5.8 points)	Lower
Holland Township	2.5 mi	3.2% (±2.6 points)	Lower
Frenchtown Borough	3.5 mi	47.6% (±7.7 points)	Higher
Alexandria Township	3.6 mi	9.3% (±6.4 points)	Lower
Bloomsbury Borough	5.8 mi	39.1% (±16.0 points)	Not measurably different
Nockamixon Township	5.8 mi	21.2% (±8.4 points)	Not measurably different
Riegelsville	5.9 mi	22.8% (±5.8 points)	Not measurably different
Tinicum Township (Bucks County)	6.1 mi	10.4% (±4.8 points)	Lower

Nearby places with a measurably lower figure: Bridgeton Township, PA (13.0%), Holland Township, NJ (3.2%), Alexandria Township, NJ (9.3%).

Nearby places with a measurably higher figure: Frenchtown Borough, NJ (47.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Hunterdon County, place by place

Rank	Place	Households that rent
1	Flemington Borough	65.9% (±6.4 points)
2	Frenchtown Borough	47.6% (±7.7 points)
3	Lebanon Borough	40.9% (±7.7 points)
4	Bloomsbury Borough	39.1% (±16.0 points)
5	Hampton Borough	30.3% (±6.7 points)
6	Clinton Town	29.8% (±6.6 points)
7	Milford Borough	28.2% (±8.4 points)
8	Stockton Borough	27.5% (±15.8 points)
9	Glen Gardner Borough	24.4% (±6.0 points)
10	Lambertville	21.7% (±9.1 points)
11	East Amwell Township	16.7% (±6.5 points)
12	High Bridge Borough	15.8% (±6.9 points)
13	Califon Borough	15.7% (±7.1 points)

Showing 13 of 26 places in Hunterdon County, ranked from highest to lowest.

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 Milford Borough

How many renters are there in Milford Borough?

Milford Borough has an estimated 142 (±54) renting households, 28.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Milford Borough?

In Milford Borough, the share of households that rent went from 30.8% in 2015–2019 to 28.2% in 2020–2024 (−2.6 percentage points), not a measurable change.

How big are renting households in Milford Borough?

A renting household in Milford Borough has 2.1 people on average, against 2.4 in an owned home.

How much do renters earn in Milford Borough?

The median renting household in Milford Borough, NJ has an income of $53,684 (±$10,455) a year, against $95,750 for households that own their 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 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 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.