What percentage of people rent in Shrewsbury Township, NJ?

Name: Renters and owners in Shrewsbury Township, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

30.9% (±8.8 points) of the occupied homes in Shrewsbury Township, NJ are rented (2020–2024 American Community Survey).

That is 141 renting households against 315 that own their home.

In Shrewsbury Township, the share of households that rent went from 33.2% in 2015–2019 to 30.9% in 2020–2024 (−2.3 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 30.9% (±8.8 points)
Renting households: 141 (±55)
Median renter income: $73,750 (±$15,726)

Who rents and who owns in Shrewsbury Township

Tenure, estimate (90% margin of error)
	Shrewsbury Township	Monmouth County	New Jersey	United States
Renter-occupied share	30.9% (±8.8 points)	24.4% (±0.6 points)	36.2% (±0.2 points)	34.8%
Renting households	141 (±55)	61,539 (±1,684)	1,268,573 (±8,082)	45,017,354
Owning households	315 (±87)	190,173 (±1,568)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.3 (±0.5)	2.1 (±0.0)	2.4 (±0.0)	2.3
Average owner household size	2.7 (±0.7)	2.7 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$73,750 (±$15,726)	$62,592 (±$3,372)	$62,674 (±$718)	$52,966
Median owner household income	$90,057 (±$20,698)	$151,807 (±$2,620)	$133,477 (±$624)	$100,009

In Shrewsbury Township, the renter share is not measurably different from Monmouth County (24.4%).

It is not measurably different from New Jersey (36.2%).

It is not measurably different from the national figure (34.8%).

In Monmouth County, Shrewsbury Township ranks 20 of 53 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 189 of 564.

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

How renting in Shrewsbury Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	33.2% (±6.7 points)	30.9% (±8.8 points)	−2.3 percentage points	Not a measurable change
Median gross rent	$1,346 (±$91)	$1,856 (±$201)	+37.9%	No measurable change after inflation
Median household income	$64,833 (±$9,969)	$81,429 (±$11,371)	+25.6%	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 Shrewsbury Township

Nearest places with a published estimate, compared with Shrewsbury Township
Place	Distance	Households that rent	Compared with this place
Shrewsbury Township	—	30.9% (±8.8 points)	—
Shrewsbury Borough	1.2 mi	14.2% (±4.8 points)	Lower
Eatontown Borough	1.8 mi	41.9% (±5.2 points)	Higher
Red Bank Borough	2.5 mi	49.9% (±5.1 points)	Higher
Little Silver Borough	2.5 mi	3.7% (±3.7 points)	Lower
Oceanport Borough	2.7 mi	16.9% (±7.9 points)	Lower
West Long Branch Borough	3.2 mi	30.0% (±8.1 points)	Not measurably different
Tinton Falls Borough	3.5 mi	15.9% (±3.1 points)	Lower
Lincroft	3.6 mi	11.5% (±4.0 points)	Lower

Nearby places with a measurably lower figure: Shrewsbury Borough, NJ (14.2%), Little Silver Borough, NJ (3.7%), Oceanport Borough, NJ (16.9%).

Nearby places with a measurably higher figure: Eatontown Borough, NJ (41.9%), Red Bank Borough, NJ (49.9%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Monmouth County, place by place

Rank	Place	Households that rent
14	Spring Lake Heights Borough	38.4% (±7.3 points)
15	Ocean Township (Monmouth County)	37.3% (±2.7 points)
16	Lake Como Borough	36.7% (±9.8 points)
17	Deal Borough	33.0% (±11.3 points)
18	Englishtown Borough	32.1% (±8.1 points)
19	Avon-by-the-Sea Borough	31.5% (±7.1 points)
20	Shrewsbury Township	30.9% (±8.8 points)
21	Sea Bright Borough	30.1% (±8.5 points)
22	West Long Branch Borough	30.0% (±8.1 points)
23	Neptune Township	29.8% (±3.2 points)
24	Atlantic Highlands Borough	29.3% (±7.1 points)
25	Neptune City Borough	27.9% (±8.8 points)
26	Allentown Borough	27.8% (±6.1 points)

Showing 13 of 53 places in Monmouth 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.

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Questions about Shrewsbury Township

How many renters are there in Shrewsbury Township?

Shrewsbury Township has an estimated 141 (±55) renting households, 30.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Shrewsbury Township?

In Shrewsbury Township, the share of households that rent went from 33.2% in 2015–2019 to 30.9% in 2020–2024 (−2.3 percentage points), not a measurable change.

How big are renting households in Shrewsbury Township?

A renting household in Shrewsbury Township has 2.3 people on average, against 2.7 in an owned home.

How much do renters earn in Shrewsbury Township?

The median renting household in Shrewsbury Township, NJ has an income of $73,750 (±$15,726) a year, against $90,057 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 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 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.