What percentage of people rent in Ocean Township (Monmouth County), NJ?

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

37.3% (±2.7 points) of the occupied homes in Ocean Township (Monmouth County), NJ are rented (2020–2024 American Community Survey).

That is 4,096 renting households against 6,872 that own their home.

In Ocean Township (Monmouth County), the share of households that rent went from 32.3% in 2015–2019 to 37.3% in 2020–2024 (+5.0 percentage points), a measurable increase.

Figures last updated on November 12, 2026.

Households that rent: 37.3% (±2.7 points)
Renting households: 4,096 (±340)
Median renter income: $58,763 (±$13,039)

Who rents and who owns in Ocean Township (Monmouth County)

Tenure, estimate (90% margin of error)
	Ocean Township (Monmouth County)	Monmouth County	New Jersey	United States
Renter-occupied share	37.3% (±2.7 points)	24.4% (±0.6 points)	36.2% (±0.2 points)	34.8%
Renting households	4,096 (±340)	61,539 (±1,684)	1,268,573 (±8,082)	45,017,354
Owning households	6,872 (±358)	190,173 (±1,568)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.4 (±0.2)	2.1 (±0.0)	2.4 (±0.0)	2.3
Average owner household size	2.6 (±0.1)	2.7 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$58,763 (±$13,039)	$62,592 (±$3,372)	$62,674 (±$718)	$52,966
Median owner household income	$155,729 (±$20,480)	$151,807 (±$2,620)	$133,477 (±$624)	$100,009

In Ocean Township (Monmouth County), the renter share is higher than in Monmouth County (24.4%).

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

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

In Monmouth County, Ocean Township (Monmouth County) ranks 15 of 53 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 147 of 564.

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

How renting in Ocean Township (Monmouth County) 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	32.3% (±1.9 points)	37.3% (±2.7 points)	+5.0 percentage points	Measurable increase
Median gross rent	$1,190 (±$23)	$1,530 (±$96)	+28.6%	No measurable change after inflation
Median household income	$94,284 (±$8,244)	$108,626 (±$8,568)	+15.2%	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 Ocean Township (Monmouth County)

Nearest places with a published estimate, compared with Ocean Township (Monmouth County)
Place	Distance	Households that rent	Compared with this place
Ocean Township (Monmouth County)	—	37.3% (±2.7 points)	—
Interlaken Borough	1.6 mi	6.3% (±2.9 points)	Lower
Deal Borough	1.8 mi	33.0% (±11.3 points)	Not measurably different
Allenhurst Borough	2.0 mi	47.5% (±12.9 points)	Not measurably different
Loch Arbour Village	2.3 mi	11.7% (±9.1 points)	Lower
West Long Branch Borough	2.4 mi	30.0% (±8.1 points)	Not measurably different
Asbury Park	2.5 mi	72.3% (±4.0 points)	Higher
Eatontown Borough	2.8 mi	41.9% (±5.2 points)	Not measurably different
Neptune Township	3.0 mi	29.8% (±3.2 points)	Lower

Nearby places with a measurably lower figure: Interlaken Borough, NJ (6.3%), Loch Arbour Village, NJ (11.7%), Neptune Township, NJ (29.8%).

Nearby places with a measurably higher figure: Asbury Park, NJ (72.3%).

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
9	Freehold Borough	46.2% (±6.0 points)
10	Farmingdale Borough	44.5% (±7.1 points)
11	Belmar Borough	43.2% (±7.0 points)
12	Eatontown Borough	41.9% (±5.2 points)
13	Highlands Borough	39.0% (±7.1 points)
14	Spring Lake Heights Borough	38.4% (±7.3 points)
15	Ocean Township (Monmouth County)	37.3% (±2.7 points)
16	Lake Como Borough	36.7% (±9.8 points)
17	Deal Borough	33.0% (±11.3 points)
18	Englishtown Borough	32.1% (±8.1 points)
19	Avon-by-the-Sea Borough	31.5% (±7.1 points)
20	Shrewsbury Township	30.9% (±8.8 points)
21	Sea Bright Borough	30.1% (±8.5 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), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Ocean Township (Monmouth County)

How many renters are there in Ocean Township (Monmouth County)?

Ocean Township (Monmouth County) has an estimated 4,096 (±340) renting households, 37.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Ocean Township (Monmouth County)?

In Ocean Township (Monmouth County), the share of households that rent went from 32.3% in 2015–2019 to 37.3% in 2020–2024 (+5.0 percentage points), a measurable increase.

How big are renting households in Ocean Township (Monmouth County)?

A renting household in Ocean Township (Monmouth County) has 2.4 people on average, against 2.6 in an owned home.

How much do renters earn in Ocean Township (Monmouth County)?

The median renting household in Ocean Township (Monmouth County), NJ has an income of $58,763 (±$13,039) a year, against $155,729 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 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 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.