How many renters in Montgomery Township, NJ pay more than 30% of their income on rent?
54.4% (±13.2 points) of renting households in Montgomery Township, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
41.5% spend 35% or more.
The median renting household spends 31.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 54.4% (±13.2 points)
- Paying 35% or more
- 41.5% (±10.3 points)
- Median share of income
- 31.7% (±4.2 points)
Rent as a share of income in Montgomery Township
| Share of income spent on rent | Montgomery Township | Somerset County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 8.7% (±6.0 points) | 11.5% | 12.2% | 12.6% |
| 15% to 19.9% | 11.2% (±7.7 points) | 13.3% | 12.3% | 12.2% |
| 20% to 24.9% | 15.9% (±11.9 points) | 13.7% | 12.6% | 12.6% |
| 25% to 29.9% | 9.8% (±7.2 points) | 12.5% | 11.4% | 11.5% |
| 30% to 34.9% | 12.9% (±8.2 points) | 8.5% | 8.9% | 9.2% |
| 35% or more | 41.5% (±10.3 points) | 40.5% | 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.
Montgomery Township against Somerset County, its state and the nation
| Montgomery Township | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 54.4% (±13.2 points) | 49.0% (±3.0 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 41.5% (±10.3 points) | 40.5% (±2.6 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 31.7% (±4.2 points) | 29.6% (±1.0 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $95,327 (±$26,907) | $82,470 (±$5,113) | $62,674 (±$718) | $52,966 |
| Median gross rent | $2,188 (±$372) | $2,033 (±$52) | $1,720 (±$7) | $1,413 |
In Montgomery Township, the share of renters paying 30% or more of income is not measurably different from Somerset County (49.0%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Somerset County, Montgomery Township ranks 6 of 21 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 224 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 Montgomery Township
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Montgomery Township | — | 54.4% (±13.2 points) | — |
| Rocky Hill Borough | 2.7 mi | 29.4% (±13.9 points) | Lower |
| Kingston | 4.6 mi | 21.3% (±26.3 points) | Lower |
| Princeton | 4.7 mi | 36.0% (±6.1 points) | Lower |
| Ten Mile Run | 4.8 mi | 13.4% (±40.2 points) | Not measurably different |
| Hillsborough Township | 5.0 mi | 48.0% (±11.0 points) | Not measurably different |
| Hopewell Borough | 5.2 mi | 68.3% (±21.7 points) | Not measurably different |
| Blackwells Mills | 5.7 mi | 49.3% (±56.8 points) | Not measurably different |
| Hillsborough | 5.8 mi | 46.0% (±11.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Rocky Hill Borough, NJ (29.4%), Kingston, NJ (21.3%), Princeton, NJ (36.0%).
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 Somerset County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Peapack and Gladstone Borough | 85.7% (±41.3 points) |
| 2 | South Bound Brook Borough | 69.2% (±15.4 points) |
| 3 | Bound Brook Borough | 65.4% (±10.6 points) |
| 4 | Watchung Borough | 62.1% (±29.8 points) |
| 5 | North Plainfield Borough | 56.0% (±10.7 points) |
| 6 | Montgomery Township | 54.4% (±13.2 points) |
| 7 | Far Hills Borough | 51.0% (±26.7 points) |
| 8 | Bedminster Township | 50.5% (±12.4 points) |
| 9 | Manville Borough | 50.2% (±14.0 points) |
| 10 | Bridgewater Township | 49.2% (±9.2 points) |
| 11 | Hillsborough Township | 48.0% (±11.0 points) |
| 12 | Branchburg Township | 46.7% (±20.2 points) |
Showing 12 of 21 places in Somerset County, ranked from highest to lowest.
The figures for Montgomery Township include the places inside it that have pages of their own: Belle Mead.
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 Montgomery Township
Are renters in Montgomery Township rent-burdened?
54.4% of renting households in Montgomery Township 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 Montgomery Township spend on rent?
The median renting household in Montgomery Township, NJ spends 31.7% (±4.2 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Montgomery township, Somerset County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Montgomery township, Somerset County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Montgomery township, Somerset 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 Montgomery township, Somerset County, New Jersey (county subdivision:47580, in state:34 county:035).
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 Montgomery Township at a glance
- Median rent in Montgomery Township
- Rent by bedrooms in Montgomery Township
- Renters and owners in Montgomery Township
- Income and affordability in Montgomery Township
- Home values in Montgomery Township
- Homeowner costs in Montgomery Township
- Property taxes in Montgomery Township
- Types of homes in Montgomery Township
- Bedrooms in Montgomery Township
- Age of homes in Montgomery Township
- Heating fuel in Montgomery Township
- Commute and cars in Montgomery Township
- Crime reported to police in Montgomery Township
- Population growth in Montgomery Township
- How long people stay in Montgomery Township
- Crowding and facilities in Montgomery Township
- New Jersey landlord and tenant rules
- Housing across Somerset County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey