How many renters in Ocean Township (Monmouth County), NJ pay more than 30% of their income on rent?
56.3% (±8.9 points) of renting households in Ocean Township (Monmouth County), NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
46.0% spend 35% or more.
The median renting household spends 33.1% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 56.3% (±8.9 points)
- Paying 35% or more
- 46.0% (±7.7 points)
- Median share of income
- 33.1% (±3.8 points)
Rent as a share of income in Ocean Township (Monmouth County)
| Share of income spent on rent | Ocean Township (Monmouth County) | Monmouth County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 10.4% (±4.2 points) | 11.0% | 12.2% | 12.6% |
| 15% to 19.9% | 11.4% (±4.2 points) | 11.8% | 12.3% | 12.2% |
| 20% to 24.9% | 15.4% (±4.5 points) | 13.5% | 12.6% | 12.6% |
| 25% to 29.9% | 6.6% (±2.9 points) | 11.1% | 11.4% | 11.5% |
| 30% to 34.9% | 10.3% (±4.4 points) | 8.3% | 8.9% | 9.2% |
| 35% or more | 46.0% (±7.7 points) | 44.4% | 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.
Ocean Township (Monmouth County) against Monmouth County, its state and the nation
| Ocean Township (Monmouth County) | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 56.3% (±8.9 points) | 52.7% (±2.1 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 46.0% (±7.7 points) | 44.4% (±1.8 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 33.1% (±3.8 points) | 31.6% (±1.1 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $58,763 (±$13,039) | $62,592 (±$3,372) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,530 (±$96) | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
In Ocean Township (Monmouth County), the share of renters paying 30% or more of income is not measurably different from Monmouth County (52.7%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Monmouth County, Ocean Township (Monmouth County) ranks 18 of 53 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 195 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 Ocean Township (Monmouth County)
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Ocean Township (Monmouth County) | — | 56.3% (±8.9 points) | — |
| Interlaken Borough | 1.6 mi | 22.2% (±26.5 points) | Lower |
| Deal Borough | 1.8 mi | 33.8% (±17.8 points) | Lower |
| Allenhurst Borough | 2.0 mi | 38.0% (±43.4 points) | Not measurably different |
| Loch Arbour Village | 2.3 mi | 25.0% (±106.5 points) | Not measurably different |
| West Long Branch Borough | 2.4 mi | 69.5% (±21.0 points) | Not measurably different |
| Asbury Park | 2.5 mi | 52.3% (±7.9 points) | Not measurably different |
| Eatontown Borough | 2.8 mi | 47.0% (±11.0 points) | Not measurably different |
| Neptune Township | 3.0 mi | 54.5% (±9.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Interlaken Borough, NJ (22.2%), Deal Borough, NJ (33.8%).
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 Monmouth County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 12 | Manalapan Township | 61.9% (±16.8 points) |
| 13 | Freehold Township | 59.9% (±9.7 points) |
| 14 | Belmar Borough | 59.8% (±22.3 points) |
| 15 | Lake Como Borough | 59.2% (±17.4 points) |
| 16 | Wall Township | 58.7% (±14.6 points) |
| 17 | Manasquan Borough | 56.4% (±23.1 points) |
| 18 | Ocean Township (Monmouth County) | 56.3% (±8.9 points) |
| 19 | Middletown Township | 56.2% (±7.8 points) |
| 20 | Neptune Township | 54.5% (±9.3 points) |
| 21 | Freehold Borough | 54.2% (±12.3 points) |
| 22 (tie) | Long Branch | 52.8% (±6.2 points) |
| 22 (tie) | Neptune City Borough | 52.8% (±21.9 points) |
| 24 | Hazlet Township | 52.4% (±16.5 points) |
Showing 13 of 53 places in Monmouth County, ranked from highest to lowest.
The figures for Ocean Township (Monmouth County) include the places inside it that have pages of their own: Oakhurst, Wanamassa.
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 Ocean Township (Monmouth County)
Are renters in Ocean Township (Monmouth County) rent-burdened?
56.3% of renting households in Ocean Township (Monmouth County) 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 Ocean Township (Monmouth County) spend on rent?
The median renting household in Ocean Township (Monmouth County), NJ spends 33.1% (±3.8 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ocean township, Monmouth County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Ocean township, Monmouth County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ocean township, Monmouth 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 Ocean township, Monmouth County, New Jersey (county subdivision:54270, in state:34 county:025).
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 .
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- Housing data for every place in New Jersey