How many renters in Paramus Borough, NJ pay more than 30% of their income on rent?
57.7% (±12.7 points) of renting households in Paramus Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
52.8% spend 35% or more.
The median renting household spends 37.3% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 57.7% (±12.7 points)
- Paying 35% or more
- 52.8% (±12.1 points)
- Median share of income
- 37.3% (±10.0 points)
Rent as a share of income in Paramus Borough
| Share of income spent on rent | Paramus Borough | Bergen County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 16.1% (±8.2 points) | 13.2% | 12.2% | 12.6% |
| 15% to 19.9% | 7.9% (±6.1 points) | 12.5% | 12.3% | 12.2% |
| 20% to 24.9% | 9.7% (±6.1 points) | 12.7% | 12.6% | 12.6% |
| 25% to 29.9% | 8.5% (±7.8 points) | 10.8% | 11.4% | 11.5% |
| 30% to 34.9% | 4.9% (±3.7 points) | 8.3% | 8.9% | 9.2% |
| 35% or more | 52.8% (±12.1 points) | 42.5% | 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.
Paramus Borough against Bergen County, its state and the nation
| Paramus Borough | Bergen County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 57.7% (±12.7 points) | 50.8% (±1.5 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 52.8% (±12.1 points) | 42.5% (±1.2 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 37.3% (±10.0 points) | 30.5% (±0.8 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $94,236 (±$36,216) | $74,953 (±$1,923) | $62,674 (±$718) | $52,966 |
| Median gross rent | $3,032 (±$340) | $1,914 (±$21) | $1,720 (±$7) | $1,413 |
In Paramus Borough, the share of renters paying 30% or more of income is not measurably different from Bergen County (50.8%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Bergen County, Paramus Borough ranks 20 of 70 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 167 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 Paramus Borough
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Paramus Borough | — | 57.7% (±12.7 points) | — |
| Oradell Borough | 2.1 mi | 33.3% (±20.6 points) | Lower |
| River Edge Borough | 2.2 mi | 54.7% (±15.4 points) | Not measurably different |
| Fair Lawn Borough | 2.6 mi | 59.1% (±10.1 points) | Not measurably different |
| New Milford Borough | 2.8 mi | 50.7% (±9.0 points) | Not measurably different |
| Washington Township (Bergen County) | 2.8 mi | 16.3% (±40.7 points) | Not measurably different |
| Rochelle Park Township | 2.8 mi | 78.5% (±23.6 points) | Not measurably different |
| Glen Rock Borough | 3.0 mi | 56.3% (±28.0 points) | Not measurably different |
| Maywood Borough | 3.1 mi | 54.2% (±13.1 points) | Not measurably different |
Nearby places with a measurably lower figure: Oradell Borough, NJ (33.3%).
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 Bergen County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 14 | Dumont Borough | 60.3% (±15.6 points) |
| 15 | Bogota Borough | 59.5% (±14.9 points) |
| 16 (tie) | Emerson Borough | 59.1% (±34.8 points) |
| 16 (tie) | Fair Lawn Borough | 59.1% (±10.1 points) |
| 18 | Englewood | 59.0% (±8.1 points) |
| 19 | Northvale Borough | 58.3% (±18.8 points) |
| 20 | Paramus Borough | 57.7% (±12.7 points) |
| 21 | Ramsey Borough | 57.6% (±15.4 points) |
| 22 (tie) | Cresskill Borough | 57.3% (±15.7 points) |
| 22 (tie) | Oakland Borough | 57.3% (±24.8 points) |
| 24 | Park Ridge Borough | 57.0% (±19.0 points) |
| 25 | Glen Rock Borough | 56.3% (±28.0 points) |
| 26 | Fairview Borough | 55.3% (±10.8 points) |
Showing 13 of 70 places in Bergen County, ranked from highest to lowest.
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 Paramus Borough
Are renters in Paramus Borough rent-burdened?
57.7% of renting households in Paramus Borough 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 Paramus Borough spend on rent?
The median renting household in Paramus Borough, NJ spends 37.3% (±10.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Paramus borough, Bergen County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Paramus borough, Bergen County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Paramus borough, Bergen 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 Paramus borough, Bergen County, New Jersey (county subdivision:55950, in state:34 county:003).
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 Paramus Borough at a glance
- Median rent in Paramus Borough
- Renters and owners in Paramus Borough
- Income and affordability in Paramus Borough
- Home values in Paramus Borough
- Homeowner costs in Paramus Borough
- Property taxes in Paramus Borough
- Types of homes in Paramus Borough
- Bedrooms in Paramus Borough
- Age of homes in Paramus Borough
- Vacancy rate in Paramus Borough
- Heating fuel in Paramus Borough
- Commute and cars in Paramus Borough
- Crime reported to police in Paramus Borough
- Population growth in Paramus Borough
- How long people stay in Paramus Borough
- Crowding and facilities in Paramus Borough
- Fair Market Rent in Paramus Borough
- New Jersey landlord and tenant rules
- Housing across Bergen County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey