How many renters in Prospect Park Borough, NJ pay more than 30% of their income on rent?

72.2% (±10.3 points) of renting households in Prospect Park Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

71.2% spend 35% or more.

The median renting household spends 46.0% of its income on rent.

Figures last updated on .

Paying 30% or more
72.2% (±10.3 points)
Paying 35% or more
71.2% (±10.2 points)
Median share of income
46.0% (±6.1 points)

Rent as a share of income in Prospect Park Borough

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentProspect Park BoroughPassaic CountyNew JerseyUnited States
Less than 15%15.7% (±9.7 points)11.8%12.2%12.6%
15% to 19.9%8.4% (±6.2 points)10.9%12.3%12.2%
20% to 24.9%0.0% (±4.0 points)11.8%12.6%12.6%
25% to 29.9%3.6% (±4.3 points)8.4%11.4%11.5%
30% to 34.9%1.0% (±1.6 points)8.6%8.9%9.2%
35% or more71.2% (±10.2 points)48.4%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.

Prospect Park Borough against Passaic County, its state and the nation

Estimate (90% margin of error)
Prospect Park BoroughPassaic CountyNew JerseyUnited States
Paying 30% or more72.2% (±10.3 points)57.0% (±1.8 points)51.6% (±0.4 points)51.1%
Paying 35% or more71.2% (±10.2 points)48.4% (±1.6 points)42.7% (±0.4 points)41.9%
Median share of income46.0% (±6.1 points)34.1% (±0.9 points)30.9% (±0.3 points)30.6%
Median renter household income$36,786 (±$17,880)$51,907 (±$1,513)$62,674 (±$718)$52,966
Median gross rent$1,647 (±$165)$1,621 (±$17)$1,720 (±$7)$1,413

In Prospect Park Borough, the share of renters paying 30% or more of income is higher than in Passaic County (57.0%).

It is also higher than in New Jersey (51.6%).

It is higher than the national figure (51.1%).

In Passaic County, Prospect Park Borough ranks 2 of 16 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 40 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 Prospect Park Borough

Nearest places with a published estimate, compared with Prospect Park Borough
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Prospect Park Borough—72.2% (±10.3 points)—
Haledon Borough0.8 mi59.0% (±15.9 points)Not measurably different
Hawthorne Borough1.3 mi47.8% (±9.9 points)Lower
North Haledon Borough1.6 mi73.6% (±34.3 points)Not measurably different
Paterson1.9 mi59.3% (±2.9 points)Lower
Preakness2.7 mi51.5% (±11.7 points)Lower
Glen Rock Borough2.8 mi56.3% (±28.0 points)Not measurably different
Fair Lawn Borough3.0 mi59.1% (±10.1 points)Not measurably different
Totowa Borough3.6 mi60.2% (±32.5 points)Not measurably different

Nearby places with a measurably lower figure: Hawthorne Borough, NJ (47.8%), Paterson, NJ (59.3%), Preakness, NJ (51.5%).

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 Passaic County, place by place

RankPlaceRenters paying 30% or more of income
1North Haledon Borough73.6% (±34.3 points)
2Prospect Park Borough72.2% (±10.3 points)
3Totowa Borough60.2% (±32.5 points)
4Paterson59.3% (±2.9 points)
5Haledon Borough59.0% (±15.9 points)
6West Milford Township58.5% (±16.5 points)
7Passaic57.7% (±3.9 points)
8Clifton57.6% (±5.3 points)

Showing 8 of 16 places in Passaic 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 Prospect Park Borough

Are renters in Prospect Park Borough rent-burdened?

72.2% of renting households in Prospect Park 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 Prospect Park Borough spend on rent?

The median renting household in Prospect Park Borough, NJ spends 46.0% (±6.1 points) of its household income on gross rent.

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 Prospect Park borough, Passaic County, New Jersey (county subdivision:61170, in state:34 county:031).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API 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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