How many renters in Shrewsbury Township, NJ pay more than 30% of their income on rent?
39.8% (±18.2 points) of renting households in Shrewsbury Township, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
32.8% spend 35% or more.
The median renting household spends 28.3% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 39.8% (±18.2 points)
- Paying 35% or more
- 32.8% (±16.5 points)
- Median share of income
- 28.3% (±2.9 points)
Rent as a share of income in Shrewsbury Township
| Share of income spent on rent | Shrewsbury Township | Monmouth County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 3.9% (±5.4 points) | 11.0% | 12.2% | 12.6% |
| 15% to 19.9% | 18.0% (±16.9 points) | 11.8% | 12.3% | 12.2% |
| 20% to 24.9% | 8.6% (±9.4 points) | 13.5% | 12.6% | 12.6% |
| 25% to 29.9% | 29.7% (±17.4 points) | 11.1% | 11.4% | 11.5% |
| 30% to 34.9% | 7.0% (±7.7 points) | 8.3% | 8.9% | 9.2% |
| 35% or more | 32.8% (±16.5 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 Township against Monmouth County, its state and the nation
| Shrewsbury Township | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 39.8% (±18.2 points) | 52.7% (±2.1 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 32.8% (±16.5 points) | 44.4% (±1.8 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 28.3% (±2.9 points) | 31.6% (±1.1 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $73,750 (±$15,726) | $62,592 (±$3,372) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,856 (±$201) | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
In Shrewsbury Township, the share of renters paying 30% or more of income is not measurably different from Monmouth County (52.7%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Monmouth County, Shrewsbury Township ranks 41 of 53 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 444 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 Township
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Shrewsbury Township | — | 39.8% (±18.2 points) | — |
| Shrewsbury Borough | 1.2 mi | 86.4% (±23.5 points) | Higher |
| Eatontown Borough | 1.8 mi | 47.0% (±11.0 points) | Not measurably different |
| Red Bank Borough | 2.5 mi | 48.0% (±9.3 points) | Not measurably different |
| Little Silver Borough | 2.5 mi | 0.0% (±54.2 points) | Not measurably different |
| Oceanport Borough | 2.7 mi | 74.9% (±30.5 points) | Not measurably different |
| West Long Branch Borough | 3.2 mi | 69.5% (±21.0 points) | Higher |
| Tinton Falls Borough | 3.5 mi | 65.5% (±11.1 points) | Higher |
| Lincroft | 3.6 mi | 58.9% (±40.1 points) | Not measurably different |
Nearby places with a measurably higher figure: Shrewsbury Borough, NJ (86.4%), West Long Branch Borough, NJ (69.5%), Tinton Falls Borough, NJ (65.5%).
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 Monmouth County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 35 (tie) | Marlboro Township | 42.8% (±16.4 points) |
| 35 (tie) | Rumson Borough | 42.8% (±26.1 points) |
| 37 | Atlantic Highlands Borough | 41.3% (±15.3 points) |
| 38 | Bradley Beach Borough | 40.7% (±11.9 points) |
| 39 | Keyport Borough | 40.5% (±11.8 points) |
| 40 | Millstone Township | 40.0% (±68.7 points) |
| 41 | Shrewsbury Township | 39.8% (±18.2 points) |
| 42 | Allenhurst Borough | 38.0% (±43.4 points) |
| 43 | Allentown Borough | 35.3% (±13.5 points) |
| 44 | Deal Borough | 33.8% (±17.8 points) |
| 45 | Sea Bright Borough | 32.5% (±13.4 points) |
| 46 | Matawan Borough | 29.3% (±12.0 points) |
| 47 | Fair Haven Borough | 28.4% (±40.8 points) |
Showing 13 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 Township
Are renters in Shrewsbury Township rent-burdened?
39.8% of renting households in Shrewsbury Township 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 Township spend on rent?
The median renting household in Shrewsbury Township, NJ spends 28.3% (±2.9 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Shrewsbury township, Monmouth County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Shrewsbury township, Monmouth County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Shrewsbury township, 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 township, Monmouth County, New Jersey (county subdivision:67365, 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 .
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