What percentage of people rent in Monmouth Junction, NJ?

35.9% (±4.6 points) of the occupied homes in Monmouth Junction, NJ are rented (2020–2024 American Community Survey).

That is 1,247 renting households against 2,231 that own their home.

In Monmouth Junction, the share of households that rent went from 7.3% in 2015–2019 to 35.9% in 2020–2024 (+28.6 percentage points), a measurable increase.

Figures last updated on .

Households that rent
35.9% (±4.6 points)
Renting households
1,247 (±216)
Median renter income
$112,998 (±$12,464)

Who rents and who owns in Monmouth Junction

Tenure, estimate (90% margin of error)
Monmouth JunctionMiddlesex CountyNew JerseyUnited States
Renter-occupied share35.9% (±4.6 points)36.4% (±0.6 points)36.2% (±0.2 points)34.8%
Renting households1,247 (±216)111,894 (±2,016)1,268,573 (±8,082)45,017,354
Owning households2,231 (±283)195,888 (±2,110)2,239,128 (±10,678)84,210,142
Average renter household size2.4 (±0.2)2.5 (±0.0)2.4 (±0.0)2.3
Average owner household size2.7 (±0.2)2.9 (±0.0)2.8 (±0.0)2.6
Median renter household income$112,998 (±$12,464)$76,035 (±$2,019)$62,674 (±$718)$52,966
Median owner household income$195,329 (±$56,179)$139,193 (±$2,081)$133,477 (±$624)$100,009

In Monmouth Junction, the renter share is not measurably different from Middlesex County (36.4%).

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

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

In Middlesex County, Monmouth Junction ranks 9 of 32 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 41 of 252.

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

How renting in Monmouth Junction has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent7.3% (±6.4 points)35.9% (±4.6 points)+28.6 percentage pointsMeasurable increase
Median gross rent$2,356 (±$270)$1,935 (±$127)−17.9%Down after inflation
Median household income$150,500 (±$26,301)$133,585 (±$27,111)−11.2%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 Monmouth Junction

Nearest places with a published estimate, compared with Monmouth Junction
PlaceDistanceHouseholds that rentCompared with this place
Monmouth Junction—35.9% (±4.6 points)—
Heathcote1.5 mi20.8% (±6.6 points)Lower
Kendall Park2.6 mi15.1% (±5.8 points)Lower
Dayton2.6 mi12.0% (±4.6 points)Lower
Princeton Meadows2.8 mi62.4% (±5.1 points)Higher
Plainsboro Township2.9 mi52.3% (±3.7 points)Higher
Deans2.9 mi6.7% (±7.9 points)Lower
Kingston3.0 mi34.2% (±15.2 points)Not measurably different
Plainsboro Center3.6 mi65.6% (±10.3 points)Higher

Nearby places with a measurably lower figure: Heathcote, NJ (20.8%), Kendall Park, NJ (15.1%), Dayton, NJ (12.0%).

Nearby places with a measurably higher figure: Princeton Meadows, NJ (62.4%), Plainsboro Township, NJ (52.3%), Plainsboro Center, NJ (65.6%).

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

RankPlaceHouseholds that rent
3Madison Park67.3% (±4.3 points)
4Plainsboro Center65.6% (±10.3 points)
5Princeton Meadows62.4% (±5.1 points)
6Avenel47.7% (±6.5 points)
7Woodbridge47.4% (±4.9 points)
8Hopelawn37.5% (±15.4 points)
9Monmouth Junction35.9% (±4.6 points)
10Iselin34.7% (±4.3 points)
11The Ponds32.6% (±27.4 points)
12Sewaren28.8% (±10.9 points)
13Fords28.3% (±5.0 points)
14Old Bridge26.1% (±3.5 points)
15Cranbury22.8% (±8.5 points)

Showing 13 of 32 places in Middlesex County, ranked from highest to lowest.

Monmouth Junction is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside South Brunswick 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 Monmouth Junction

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Monmouth Junction, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Monmouth Junction beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Monmouth Junction, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Monmouth Junction

How many renters are there in Monmouth Junction?

Monmouth Junction has an estimated 1,247 (±216) renting households, 35.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Monmouth Junction?

In Monmouth Junction, the share of households that rent went from 7.3% in 2015–2019 to 35.9% in 2020–2024 (+28.6 percentage points), a measurable increase.

How big are renting households in Monmouth Junction?

A renting household in Monmouth Junction has 2.4 people on average, against 2.7 in an owned home.

How much do renters earn in Monmouth Junction?

The median renting household in Monmouth Junction, NJ has an income of $112,998 (±$12,464) a year, against $195,329 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 Monmouth Junction CDP, New Jersey (place:47190, 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.

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.

Figures last updated on .

Related