How many renters in Shrewsbury Borough, NJ pay more than 30% of their income on rent?
86.4% (±23.5 points) of renting households in Shrewsbury Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
78.5% spend 35% or more.
The median renting household spends 50.0% or more of its income on rent.
Figures last updated on .
- Paying 30% or more
- 86.4% (±23.5 points)
- Paying 35% or more
- 78.5% (±19.4 points)
- Median share of income
- 50.0% or more
Rent as a share of income in Shrewsbury Borough
| Share of income spent on rent | Shrewsbury Borough | Monmouth County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 5.8% (±8.9 points) | 11.0% | 12.2% | 12.6% |
| 15% to 19.9% | 0.0% (±20.8 points) | 11.8% | 12.3% | 12.2% |
| 20% to 24.9% | 7.9% (±9.6 points) | 13.5% | 12.6% | 12.6% |
| 25% to 29.9% | 0.0% (±20.8 points) | 11.1% | 11.4% | 11.5% |
| 30% to 34.9% | 7.9% (±13.3 points) | 8.3% | 8.9% | 9.2% |
| 35% or more | 78.5% (±19.4 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.
Shrewsbury Borough against Monmouth County, its state and the nation
| Shrewsbury Borough | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 86.4% (±23.5 points) | 52.7% (±2.1 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 78.5% (±19.4 points) | 44.4% (±1.8 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 50.0% or more | 31.6% (±1.1 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $33,611 (±$18,784) | $62,592 (±$3,372) | $62,674 (±$718) | $52,966 |
| Median gross rent | $3,472 (±$1,644) | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
In Shrewsbury Borough, the share of renters paying 30% or more of income is higher than in Monmouth County (52.7%).
It is also higher than in New Jersey (51.6%).
It is higher than the national figure (51.1%).
In Monmouth County, Shrewsbury Borough ranks 1 of 53 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 3 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 Shrewsbury Borough
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Shrewsbury Borough | — | 86.4% (±23.5 points) | — |
| Shrewsbury Township | 1.2 mi | 39.8% (±18.2 points) | Lower |
| Little Silver Borough | 1.4 mi | 0.0% (±54.2 points) | Lower |
| Red Bank Borough | 1.6 mi | 48.0% (±9.3 points) | Lower |
| Oceanport Borough | 2.1 mi | 74.9% (±30.5 points) | Not measurably different |
| Eatontown Borough | 2.4 mi | 47.0% (±11.0 points) | Lower |
| Fair Haven Borough | 2.6 mi | 28.4% (±40.8 points) | Lower |
| Fairview | 3.0 mi | 57.9% (±59.2 points) | Not measurably different |
| West Long Branch Borough | 3.3 mi | 69.5% (±21.0 points) | Not measurably different |
Nearby places with a measurably lower figure: Shrewsbury Township, NJ (39.8%), Little Silver Borough, NJ (0.0%), Red Bank Borough, NJ (48.0%).
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 |
|---|---|---|
| 1 | Shrewsbury Borough | 86.4% (±23.5 points) |
| 2 | Union Beach Borough | 80.3% (±40.3 points) |
| 3 | Brielle Borough | 78.1% (±29.1 points) |
| 4 | Oceanport Borough | 74.9% (±30.5 points) |
| 5 | Holmdel Township | 71.9% (±31.6 points) |
| 6 | Farmingdale Borough | 71.7% (±21.6 points) |
| 7 | West Long Branch Borough | 69.5% (±21.0 points) |
Showing 7 of 53 places in Monmouth 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 Shrewsbury Borough
Are renters in Shrewsbury Borough rent-burdened?
86.4% of renting households in Shrewsbury 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 Shrewsbury Borough spend on rent?
The median renting household in Shrewsbury Borough, NJ spends 50.0% or more of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Shrewsbury borough, Monmouth County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Shrewsbury borough, Monmouth County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Shrewsbury borough, 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 Shrewsbury borough, Monmouth County, New Jersey (county subdivision:67350, 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 .
Related
- Housing in Shrewsbury Borough at a glance
- Median rent in Shrewsbury Borough
- Renters and owners in Shrewsbury Borough
- Income and affordability in Shrewsbury Borough
- Home values in Shrewsbury Borough
- Homeowner costs in Shrewsbury Borough
- Property taxes in Shrewsbury Borough
- Types of homes in Shrewsbury Borough
- Age of homes in Shrewsbury Borough
- Heating fuel in Shrewsbury Borough
- Commute and cars in Shrewsbury Borough
- Crime reported to police in Shrewsbury Borough
- Population growth in Shrewsbury Borough
- How long people stay in Shrewsbury Borough
- Fair Market Rent in Shrewsbury Borough
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey