What percentage of people rent in Morganville, NJ?

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

11.9% (±5.5 points) of the occupied homes in Morganville, NJ are rented (2020–2024 American Community Survey).

That is 275 renting households against 2,045 that own their home.

In Morganville, the share of households that rent went from 16.2% in 2015–2019 to 11.9% in 2020–2024 (−4.3 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 11.9% (±5.5 points)
Renting households: 275 (±131)
Median renter income: $122,539 (±$59,356)

Who rents and who owns in Morganville

Tenure, estimate (90% margin of error)
	Morganville	Monmouth County	New Jersey	United States
Renter-occupied share	11.9% (±5.5 points)	24.4% (±0.6 points)	36.2% (±0.2 points)	34.8%
Renting households	275 (±131)	61,539 (±1,684)	1,268,573 (±8,082)	45,017,354
Owning households	2,045 (±370)	190,173 (±1,568)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.0 (±0.7)	2.1 (±0.0)	2.4 (±0.0)	2.3
Average owner household size	2.6 (±0.3)	2.7 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$122,539 (±$59,356)	$62,592 (±$3,372)	$62,674 (±$718)	$52,966
Median owner household income	$176,290 (±$24,343)	$151,807 (±$2,620)	$133,477 (±$624)	$100,009

In Morganville, the renter share is lower than in Monmouth County (24.4%).

It is also lower than in New Jersey (36.2%).

It is lower than the national figure (34.8%).

In Monmouth County, Morganville ranks 10 of 20 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 155 of 252.

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

How renting in Morganville 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	16.2% (±6.3 points)	11.9% (±5.5 points)	−4.3 percentage points	Not a measurable change
Median gross rent	$2,292 (±$74)	$2,692 (±$405)	+17.5%	No measurable change after inflation
Median household income	$114,508 (±$21,430)	$161,500 (±$26,497)	+41.0%	No measurable change 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 Morganville

Nearest places with a published estimate, compared with Morganville
Place	Distance	Households that rent	Compared with this place
Morganville	—	11.9% (±5.5 points)	—
Strathmore	1.9 mi	12.6% (±4.0 points)	Not measurably different
Matawan Borough	2.4 mi	48.1% (±5.5 points)	Higher
Holmdel Township	3.1 mi	8.4% (±3.6 points)	Not measurably different
Brownville	3.6 mi	10.4% (±6.0 points)	Not measurably different
Aberdeen Township	3.8 mi	27.5% (±4.0 points)	Higher
Robertsville	4.1 mi	6.0% (±3.1 points)	Not measurably different
Keyport Borough	4.3 mi	49.8% (±7.5 points)	Higher
Old Bridge Township	4.5 mi	29.6% (±2.1 points)	Higher

Nearby places with a measurably higher figure: Matawan Borough, NJ (48.1%), Aberdeen Township, NJ (27.5%), Keyport Borough, NJ (49.8%).

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

Households that rent across Monmouth County, place by place

Rank	Place	Households that rent
4	West Belmar	18.0% (±8.8 points)
5	Leonardo	16.1% (±7.9 points)
6	Wanamassa	15.8% (±8.1 points)
7	Oakhurst	14.6% (±8.4 points)
8 (tie)	Strathmore	12.6% (±4.0 points)
8 (tie)	West Freehold	12.6% (±3.7 points)
10	Morganville	11.9% (±5.5 points)
11	Lincroft	11.5% (±4.0 points)
12	Fairview	7.5% (±5.0 points)
13 (tie)	Belford	7.3% (±5.5 points)
13 (tie)	East Freehold	7.3% (±4.5 points)
15	Cliffwood Beach	6.8% (±4.8 points)
16	Robertsville	6.0% (±3.1 points)

Showing 13 of 20 places in Monmouth County, ranked from highest to lowest.

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

It lies inside Marlboro 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 Morganville

How many renters are there in Morganville?

Morganville has an estimated 275 (±131) renting households, 11.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Morganville?

In Morganville, the share of households that rent went from 16.2% in 2015–2019 to 11.9% in 2020–2024 (−4.3 percentage points), not a measurable change.

How big are renting households in Morganville?

A renting household in Morganville has 2.0 people on average, against 2.6 in an owned home.

How much do renters earn in Morganville?

The median renting household in Morganville, NJ has an income of $122,539 (±$59,356) a year, against $176,290 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 Morganville CDP, New Jersey (place:48030, 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.