What percentage of people rent in Oakland Borough, NJ?

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

7.1% (±3.1 points) of the occupied homes in Oakland Borough, NJ are rented (2020–2024 American Community Survey).

That is 320 renting households against 4,168 that own their home.

In Oakland Borough, the share of households that rent went from 9.5% in 2015–2019 to 7.1% in 2020–2024 (−2.4 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 7.1% (±3.1 points)
Renting households: 320 (±146)
Median renter income: $43,409 (±$20,202)

Who rents and who owns in Oakland Borough

Tenure, estimate (90% margin of error)
	Oakland Borough	Bergen County	New Jersey	United States
Renter-occupied share	7.1% (±3.1 points)	34.7% (±0.7 points)	36.2% (±0.2 points)	34.8%
Renting households	320 (±146)	123,102 (±2,634)	1,268,573 (±8,082)	45,017,354
Owning households	4,168 (±147)	232,025 (±2,535)	2,239,128 (±10,678)	84,210,142
Average renter household size	1.7 (±0.4)	2.3 (±0.0)	2.4 (±0.0)	2.3
Average owner household size	2.9 (±0.1)	2.9 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$43,409 (±$20,202)	$74,953 (±$1,923)	$62,674 (±$718)	$52,966
Median owner household income	$176,065 (±$15,032)	$160,914 (±$2,251)	$133,477 (±$624)	$100,009

In Oakland Borough, the renter share is lower than in Bergen County (34.7%).

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

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

In Bergen County, Oakland Borough ranks 66 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 503 of 564.

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

How renting in Oakland 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	9.5% (±2.5 points)	7.1% (±3.1 points)	−2.4 percentage points	Not a measurable change
Median gross rent	$1,642 (±$285)	$1,383 (±$193)	−15.8%	Down after inflation
Median household income	$126,319 (±$8,680)	$162,019 (±$15,337)	+28.3%	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 Oakland Borough

Nearest places with a published estimate, compared with Oakland Borough
Place	Distance	Households that rent	Compared with this place
Oakland Borough	—	7.1% (±3.1 points)	—
Franklin Lakes Borough	2.4 mi	11.1% (±2.9 points)	Not measurably different
Pines Lake	2.5 mi	1.2% (±1.8 points)	Lower
Wanaque Borough	2.6 mi	21.9% (±6.0 points)	Higher
Pompton Lakes Borough	3.1 mi	19.6% (±6.7 points)	Higher
Wyckoff Township	4.3 mi	7.3% (±2.1 points)	Not measurably different
Riverdale Borough	4.6 mi	29.4% (±8.3 points)	Higher
Mahwah Township	4.6 mi	18.9% (±2.9 points)	Higher
Bloomingdale Borough	5.0 mi	28.8% (±7.1 points)	Higher

Nearby places with a measurably lower figure: Pines Lake, NJ (1.2%).

Nearby places with a measurably higher figure: Wanaque Borough, NJ (21.9%), Pompton Lakes Borough, NJ (19.6%), Riverdale Borough, NJ (29.4%).

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

Households that rent across Bergen County, place by place

Rank	Place	Households that rent
60	Emerson Borough	8.2% (±4.0 points)
61	Harrington Park Borough	7.7% (±4.0 points)
62	Ho-Ho-Kus Borough	7.5% (±4.7 points)
63 (tie)	Alpine Borough	7.3% (±4.6 points)
63 (tie)	Wyckoff Township	7.3% (±2.1 points)
65	Hillsdale Borough	7.2% (±2.5 points)
66	Oakland Borough	7.1% (±3.1 points)
67	Old Tappan Borough	5.9% (±3.2 points)
68	Demarest Borough	5.7% (±5.5 points)
69	Haworth Borough	5.3% (±3.7 points)
70	Washington Township (Bergen County)	3.0% (±1.9 points)

Showing 11 of 70 places in Bergen 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 Oakland Borough

How many renters are there in Oakland Borough?

Oakland Borough has an estimated 320 (±146) renting households, 7.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Oakland Borough?

In Oakland Borough, the share of households that rent went from 9.5% in 2015–2019 to 7.1% in 2020–2024 (−2.4 percentage points), not a measurable change.

How big are renting households in Oakland Borough?

A renting household in Oakland Borough has 1.7 people on average, against 2.9 in an owned home.

How much do renters earn in Oakland Borough?

The median renting household in Oakland Borough, NJ has an income of $43,409 (±$20,202) a year, against $176,065 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 Oakland borough, Bergen County, New Jersey (county subdivision:53850, in state:34 county:003).

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.