What percentage of people rent in Park Ridge Borough, NJ?

19.0% (±5.1 points) of the occupied homes in Park Ridge Borough, NJ are rented (2020–2024 American Community Survey).

That is 621 renting households against 2,655 that own their home.

In Park Ridge Borough, the share of households that rent went from 18.8% in 2015–2019 to 19.0% in 2020–2024 (+0.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
19.0% (±5.1 points)
Renting households
621 (±181)
Median renter income
$75,651 (±$38,280)

Who rents and who owns in Park Ridge Borough

Tenure, estimate (90% margin of error)
Park Ridge BoroughBergen CountyNew JerseyUnited States
Renter-occupied share19.0% (±5.1 points)34.7% (±0.7 points)36.2% (±0.2 points)34.8%
Renting households621 (±181)123,102 (±2,634)1,268,573 (±8,082)45,017,354
Owning households2,655 (±205)232,025 (±2,535)2,239,128 (±10,678)84,210,142
Average renter household size2.3 (±0.7)2.3 (±0.0)2.4 (±0.0)2.3
Average owner household size2.9 (±0.2)2.9 (±0.0)2.8 (±0.0)2.6
Median renter household income$75,651 (±$38,280)$74,953 (±$1,923)$62,674 (±$718)$52,966
Median owner household income$200,717 (±$25,762)$160,914 (±$2,251)$133,477 (±$624)$100,009

In Park Ridge 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, Park Ridge Borough ranks 45 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 314 of 564.

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

How renting in Park Ridge Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent18.8% (±3.6 points)19.0% (±5.1 points)+0.2 percentage pointsNot a measurable change
Median gross rent$1,474 (±$134)$2,257 (±$482)+53.1%No measurable change after inflation
Median household income$137,903 (±$11,626)$171,029 (±$21,993)+24.0%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 Park Ridge Borough

Nearest places with a published estimate, compared with Park Ridge Borough
PlaceDistanceHouseholds that rentCompared with this place
Park Ridge Borough—19.0% (±5.1 points)—
Woodcliff Lake Borough1.1 mi13.7% (±5.7 points)Not measurably different
Montvale Borough1.3 mi20.0% (±6.4 points)Not measurably different
Hillsdale Borough2.0 mi7.2% (±2.5 points)Lower
River Vale Township2.5 mi10.0% (±3.8 points)Lower
Pearl River2.6 mi22.6% (±4.1 points)Not measurably different
Saddle River Borough2.7 mi15.9% (±8.6 points)Not measurably different
Old Tappan Borough3.3 mi5.9% (±3.2 points)Lower
Westwood Borough3.3 mi37.1% (±6.2 points)Higher

Nearby places with a measurably lower figure: Hillsdale Borough, NJ (7.2%), River Vale Township, NJ (10.0%), Old Tappan Borough, NJ (5.9%).

Nearby places with a measurably higher figure: Westwood Borough, NJ (37.1%).

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

RankPlaceHouseholds that rent
39 (tie)Cresskill Borough21.9% (±5.4 points)
39 (tie)Fair Lawn Borough21.9% (±2.9 points)
41Rockleigh Borough21.3% (±15.1 points)
42 (tie)Norwood Borough20.8% (±7.2 points)
42 (tie)Ramsey Borough20.8% (±3.8 points)
44Montvale Borough20.0% (±6.4 points)
45Park Ridge Borough19.0% (±5.1 points)
46Mahwah Township18.9% (±2.9 points)
47Allendale Borough18.6% (±7.9 points)
48Closter Borough18.5% (±4.9 points)
49Ridgewood Village17.5% (±3.0 points)
50Paramus Borough17.4% (±3.5 points)
51Englewood Cliffs Borough16.5% (±5.8 points)

Showing 13 of 70 places in Bergen County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Park Ridge Borough

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Questions about Park Ridge Borough

How many renters are there in Park Ridge Borough?

Park Ridge Borough has an estimated 621 (±181) renting households, 19.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Park Ridge Borough?

In Park Ridge Borough, the share of households that rent went from 18.8% in 2015–2019 to 19.0% in 2020–2024 (+0.2 percentage points), not a measurable change.

How big are renting households in Park Ridge Borough?

A renting household in Park Ridge Borough has 2.3 people on average, against 2.9 in an owned home.

How much do renters earn in Park Ridge Borough?

The median renting household in Park Ridge Borough, NJ has an income of $75,651 (±$38,280) a year, against $200,717 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 Park Ridge borough, Bergen County, New Jersey (county subdivision:56130, 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.

Figures last updated on .

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